Delivery firm DX Group posts positive results as turnaround plan pays off October 2, 2018 Delivery firm DX Group reported slightly better-than-expected revenue in its preliminary annual results today, while at the same time bringing down its losses. Shares climbed 6.5 per cent as the markets opened, complementing the business' nine per cent gain so far this year. The figures DX posted a total revenue of £299.5m in the financial [...]
The future of UK supermarkets is big data and personalisation May 9, 2018 The proposed merger of two supermarket giants, Asda and Sainsbury’s, has been hailed as one of the new “forces of UK retail”. But in a rush to point out that the combined chain would have nearly a third of the UK supermarket sector, one key factor has been ignored: Amazon. Amazon recently launched its online [...]
Unhappy Valley: Europe gets tough on tech giants Amazon and Apple as Margrethe Vestager sets sights on US firms’ tax deals in Europe October 5, 2017 Brussels is cracking down on Silicon Valley tech giants and their tax arrangements in Europe, leaving the door open to further action after fresh rulings against Amazon and Apple. Competition chief Margrethe Vestager indicated the European Commission (EC) will likely scrutinise more so-called sweetheart tax deals as she slapped the online retailer with a €250m [...]
ITV enters race to buy Peaky Blinders, Big Brother and The Fall maker Endemol Shine September 16, 2018 UK media titan ITV has entered the race to snap up the production company behind shows such as Big Brother, Peaky Blinders and The Fall, Endemol Shine. The Dutch company, which is worth around $4bn (£3bn) is owned jointly by private equity firm Apollo and 21st Century Fox, and has also attracted a number of other potential suitors. [...]
ITV enters race to buy Peaky Blinders, Big Brother and The Fall maker Endemol Shine September 16, 2018 UK media titan ITV has entered the race to snap up the production company behind shows such as Big Brother, Peaky Blinders and The Fall, Endemol Shine. The Dutch company, which is worth around $4bn (£3bn) is owned jointly by private equity firm Apollo and 21st Century Fox, and has also attracted a number of other potential suitors. [...]
This bull market has relied on technology shares July 4, 2018 This has been a long and unusually hesitant and worried bull market. Indeed, there have been a substantial number of sectors that have lived through their own bear markets whilst the overall indices push on to new highs. The US has outperformed the other advanced country equity markets and China easily over the twelve months, [...]
A land levy would be far fairer than our punitive business rates September 6, 2018 We have by now all heard about the crisis facing our high streets, and the burden of business rates in particular. But while high-profile retail struggles like that of House of Fraser and Maplin have brought this issue into the headlines, the problems with this badly designed tax run far deeper. Contrary to what any economist [...]
English whisky maker The Lakes Distillery considers IPO on London’s junior market September 7, 2018 English whisky maker The Lakes Distillery is mulling a listing on London's junior market, it revealed this morning. The company has appointed N+1 Singer as its nominated adviser and broker and convened a meeting to gain shareholder approval later this month. Lakes Distillery, which was founded in 2011, would look to raised up to £15m [...]
Which books regularly top the UK bestseller list at Christmas and is there a way to predict it? December 20, 2018 First came Black Friday, then its online equivalent, Cyber Monday, but few outside the publishing industry are aware of its bookish brother, Super Thursday. Usually in the first week of October, the annual event marks the release of big money hardbacks in the run up to Christmas. This year saw 544 new hardbacks released, up [...]
The focus on tech stocks is too narrow – it’s time to get creative June 12, 2018 Tech is a no brainer for investors. But a simple investment theme for the sector is being badly executed. Investors are too narrow in their focus, chasing Nasdaq and FANG (Facebook, Amazon, Netflix and Google) stocks, in a similar way to how they tend to play emerging markets. That is, in a simple fashion. Investor [...]