Is the metaverse crashing? How low can crypto markets go? June 14, 2022 Dr Chris Kacher explains why risk-on assets such as the metaverse are highly vulnerable to major market corrections.
Caffè Nero slurps up 82 per cent post-restrictions sales spike May 31, 2021 Caffè Nero has enjoyed a sales spike in recent weeks, as restrictions were gradually eased, while it has also repaid all of its Covid financial support. Weekly sales surged 82 per cent as outdoor seating was allowed and then restricted indoor eating was permitted in the last 13 weeks. After paying back a £12.2m Liquidity [...]
Qualcomm ready to swoop on Arm if $40bn Nvidia deal is blocked June 14, 2021 US tech giant Qualcomm has said it is ready to invest in British chipmaker Arm if a planned $40bn (£28bn) takeover by rival Nvidia is blocked by regulators. Nvidia last year agreed the bumper takeover deal for Cambridge-based Arm, but the merger is facing a national security review and competition probes in the UK and [...]
To make Britain competitive globally, we must strip away regulatory red tape April 13, 2021 Last month, the UK’s Competition and Markets Authority (CMA) made a ruling which blocked the merger of the two British crowdfunding sites Seedrs and Crowdcube. This was wrong for a slew of reasons, not the least because Seedrs and Crowdcube are both tiny companies that should be below the regulatory radar. Both companies are currently [...]
Richard Branson set for space flight aboard Virgin Galactic rocket July 11, 2021 Sir Richard Branson is today due to launch into space aboard a Virgin Galactic rocket plane as he kicks off the race to roll out space tourism. The British billionaire will be one of six people aboard the plane, which will climb more than 50 miles above the New Mexico desert to the edge of [...]
Serco nets new £870m support services contract in Canada March 17, 2021 Outsourcer Serco has this morning won a £870m contract to provide support services at a military base in Canada. The FTSE 250 firm has been providing non-military maintenance services at the Goose Bay in Newfoundland and Labrador province since 1998. For its initial 10 years, the deal is worth a maximum £400m, with the firm [...]
CMA to examine electric vehicle sector December 2, 2020 The Competition and Markets Authority (CMA) is launching a market study into electric vehicle charging, following the government’s move to ban the sale of new petrol and diesel vehicles to 2030. The study will focus on the supply of chargepoints for plug-in hybrid and all-electric ‘passenger’ electric vehicles, comprising cars and light vans. The move [...]
This year: Channel 4 gears up for a bumpy year as privatisation remains on the cards January 1, 2022 With another year approaching, the debate around Channel 4’s privatisation continues to lurk behind our TV screens.
Space tech investor Seraphim announces plans for London IPO June 11, 2021 A space technology investor has this morning announced its intention to float in London. Seraphim Space Investment Trust will be the world’s first listed space tech fund as interest in the sector ramps up. There has been a race to commercialise spaceflight, with Jeff Bezos, Elon Musk and Sir Richard Branson all competing with each [...]
Brands’ battle for the eyeballs: watch all the Christmas ads here November 13, 2020 As some of the UK’s biggest brands have rolled out their seasonal ads, it’s starting to feel a lot more festive. The battle for the eyeballs started in earnest this morning as John Lewis launched its annual television advertisement, gaining over one million views within just two hours. However, Aldi’s ad so far tops the [...]