Audioboom shares jump as its ramps up podcast production April 7, 2020 Shares in Audioboom rose almost 17 per cent this morning after the podcast company posted a sharp rise in revenue for the first quarter. The Aim-listed company, which hosts and distributes podcasts, reported revenue of $6.4m (£5.2m) in the first three months of 2020, up 40 per cent on the same period last year. The [...]
The future of commercial property post-Covid March 25, 2021 Will Fulton, Lead Manager, UK Commercial Property REIT The pandemic has brought real challenges for commercial tenants and landlords Strong asset allocation, prudent negotiation with tenants and strategic portfolio shifts have helped mitigate the impact of the crisis From here, the portfolio is geared into a number of long-term structural changes This has been a [...]
Lost the plot: City A.M’s pick of the best books of 2020 December 18, 2020 Whether it was a period of furlough, a cancelled trip or endless weekends with no pubs, restaurants, museums or cinemas open: there has definitely been more time for most of us to get stuck into a good book this year. As we turn the last page of 2020, whether you’re looking for a page-turner during [...]
Coronavirus: Retailers pause online shopping over safety fears March 26, 2020 Retailers have started to close down their online operations as well as physical stores in response to the coronavirus outbreak, citing concerns over the safety of their warehouse workers. High street chains Next, Moss Bros and River Island have today temporarily closed their internet shopping services, despite government guidance that online retailers can continue to [...]
Investment firms deploying new tech are the most trusted among investors May 4, 2020 Investment firms that are deploying new technology are the most trusted by both institutional and retail investors, according to new research. Nearly two-thirds of institutional investors and nearly half of retail investors with an adviser trust their investment firm because of an increased use of technology. There is growing interest in the use of artificial [...]
CMA warns firms against coronavirus rip-offs as face mask and hand sanitiser prices soar March 5, 2020 The Competition and Markets Authority (CMA) today warned companies not to gouge customers during the coronavirus scare as prices for hand sanitiser and face masks rocket. The watchdog said it would look at evidence that companies may have broken competition or consumer protection law by charging excessive prices or making misleading claims about their products. [...]
MWC 2020: BT and Nokia join exodus of companies over coronavirus fears February 12, 2020 BT is pulling out of the Mobile World Congress (MWC) because of the coronavirus outbreak, becoming the latest in a string of telecoms firms to say they will not attend the event in Barcelona later this month. Earlier today, Nokia and and Deutsche Telekom both said they would not be attending MWC, increasing the likelihood [...]
Will pressure on Chinese tech firms spark renewed interest in value stocks? February 26, 2021 The flotation of Ant Group in December last year was supposed to be a landmark event. The initial public offering (IPO) was set to raise $37 billion, valuing Ant at over $313 billion and making it the biggest IPO ever. It was due to list in Hong Kong and Shanghai, rather than having a US [...]
Labour asks how Hancock’s coronavirus testing pledge will be met April 3, 2020 The government is under pressure to explain how it will increase its coronavirus testing ten-fold by the end of the month. Yesterday health secretary Matt Hancock said he wants 100,000 tests to be carried out every day, up from the 10,000 currently. However the Labour Party has said there is little detail on how this [...]
Goldman Sachs-backed startup Neyber in talks with administrators February 20, 2020 A London-based startup that has been backed by Goldman Sachs is reportedly in talks with administrators in a bid to secure its long-term future. Neyber, a consumer finance provider that enables employees to borrow against their salaries, is in discussions with accounting firm BDO about a range of strategic options, Sky News reported. Possible outcomes [...]