Tech Nation to shut down after government controversially gives funding to Barclays January 31, 2023 Start-up network Tech Nation is to be wound down after the government controversially withdrew its funding and handed it to Barclays, the organisation announced today. Tech Nation, founded by the coalition government in 2010, said it would cease operations from the end of March after the Department for Culture Media and Sport confirmed it had [...]
CMA provisionally clears Amazon’s £442m Deliveroo investment over coronavirus April 17, 2020 A UK watchdog today provisionally cleared Amazon’s massive £442m investment into Deliveroo due to the risk the food delivery firm faces from coronavirus. The Competition and Markets Authority (CMA) called the situation “wholly unprecedented” but said the cash was “realistically only available from Amazon”. Deliveroo has seen a significant decline in revenues from the UK [...]
PM pulls out of tech chief meet-up following Sue Gray party report February 1, 2022 The Prime Minister pulled out of a well-publicised meeting with tech chiefs yesterday as he focussed on responding to the report into lockdown parties at Downing Street.
Coronavirus: Deliveroo to provide 500,000 free meals to NHS staff March 29, 2020 Deliveroo has pledged to deliver 500,000 free meals to NHS workers across the country as the UK gears up for the peak of the coronavirus outbreak. The delivery firm said it has begun providing meals to NHS trusts, while customers will be able to donate funds to buy food for doctors and nurses through its [...]
Why this self-made millionaire believes an ‘original’ business idea is far from needed June 4, 2024 Timothy Armoo on why you an "original idea" is far from needed when it comes to entrepreneurial success.
Deliveroo and Amazon hit back at CMA probe January 29, 2020 Amazon and Deliveroo have hit back at the Competition and Markets Authority (CMA), calling its investigation flawed. They have complained that the CMA has failed to “produce any credible evidence of existing competition between Amazon and Deliveroo”. The watchdog referred the deal to a full investigation in late December, casting doubt on whether the investment [...]
The Notebook: Financial musings from a walk through Woking March 5, 2024 Rachel Winter, Killik & Co, takes the Notebook pen to talk lockdown puppies, parkrun, and end of tax year tips.
Transport network faces severe disruption as Storm Eunice hits London February 18, 2022 From the early hours of this morning Storm Eunice has hit the UK, bringing with it winds of up to 100mph and causing disruption all over the country. Following yesterday’s warning, the Met Office raised another red alert today, adding the South East and London. “These are rare, we only issue them when there is [...]
FTSE 100 today: London markets brace for muted start amid thin U.S. holiday trading January 15, 2024 Asian markets decline in response to sparse U.S. holiday trading; China's central bank maintains stable lending rate; investor attention shifts towards Q3 earnings and China's Q4 GDP figures,
Fintech PrimaryBid on verge of £110m Softbank backed round January 8, 2022 Fintech company PrimaryBid is close to finalising the details of a $150m (£110m) funding round led by SoftBank's Vision Fund II according to weekend reports.