Uber IPO: Six things you need to know April 13, 2019 After Uber unveiled its pitch to investors ahead of the company's initial public offering, here are six of the most significant things to know. Revenue is plateauing As Uber continue to prioritise growth over profits, the ride-hailing giant's revenue has plateaued. The firm reported an adjusted loss before interest and tax of $1.9bn for 2018, 15 per [...]
What to do about staff skipping work for the beach August 20, 2019 We’ve heard it all before: “my cat is having kittens”, “I’ve hurt my back”, “I’ve got food poisoning”, “my bathtub fell through my ceiling”, or “my car broke down”. When the sun is out, employees might feel inclined to use one of these excuses in order to skip work and do something a little more [...]
Saga shares plunge on warning of fresh travel struggles June 19, 2019 Shares in Saga have fallen more than ten per cent this morning after the insurance and travel group warned its tour operations were set to take a hit. Ahead of its annual meeting later today, Saga warned of fresh travel struggles due to a competitive market and political uncertainties. Read more: End of the Saga [...]
Focus on Primrose Hill: This prime enclave offers Victorian homes and a village vibe October 4, 2019 The term ‘London village’ is thrown around a lot these days, not least by those trying to sell you a property. By some standards, anywhere with an independent bakery and a few planters on the high street seems to qualify. But Primrose Hill, nestled between Regent’s Park and Camden, is one of the originals – [...]
Fast food chain Leon reports widening loss as rising costs hit margins May 19, 2019 Fast food chain Leon posted a record turnover of more than £65.2m last year but a third consecutive loss as it increases its UK footprint. The healthy food company has had a rapid rise in recent years, increasing its turnover by more than 15 per cent last year – from £56.3m in 2017 – [...]
If there is something fishy about online influencers, why do we take the bait? April 3, 2019 Social media influencer, Yovana Mendoza, provided an amusing diversion from Brexit last week. The 20-something vlogger built a very lucrative personal brand around veganism. She amassed over 3m followers on YouTube and Instagram by advocating a raw vegan diet and 25-day water fasts. All seemed to be going well until a competitor observed and filmed [...]
European tech startups could reach $50bn valuations within the next few years, if they take the right steps July 5, 2018 Only six companies have managed to reach $50bn (£38bn) valuations since the turn of the millennium, and none of them were founded in Europe. So what does it take for a startup to become a tech titan? Firstly, a large gap remains between titans – companies founded after 2000 and valued at $50bn or higher [...]
How could the oil attacks in Saudi Arabia affect investment? September 24, 2019 Things are heating up in the Middle East following the attack on an oil field in Saudi Arabia just over a week ago. The kingdom produces 10 per cent of the world’s oil, and while state-owned company Saudi Aramco, which owns the damaged plant, is drawing on its inventories to prevent export levels from falling, [...]
Keep your wits about you, it’s not easy to navigate this tyrannical political jungle May 30, 2019 Any country that forced its citizens to spend over 40 per cent of their time working for those in power would be roundly condemned as a slave state and the most appalling tyranny. Yet this is the effective reality in Britain. Just over two fifths – 40.94 per cent – of everything the nation earns is [...]
Calling the data doctor: How Chronomics wants to educate you about your epigenetics June 27, 2019 How old are you? A simple enough question, you may think, but not for Dr Tom Stubbs, co-founder and chief executive of epigenetic testing company Chronomics. Epigenetics is (to quote the Chronomics website) the study of heritable phenotype changes that do not involve alteration in the DNA sequence. It’s essentially how environmental factors – from [...]