Wimbledon 2018: What Roger Federer’s $300m Uniqlo deal tells us about the state of tennis sponsorship July 8, 2018 On the eve of Wimbledon, men’s tennis news was again dominated by the same old names: Andy Murray’s late withdrawal, Novak Djokovic’s re-built serving action, Rafael Nadal’s lack of grass-court preparation and, of course, Roger Federer’s bumper new kit deal with Japanese brand Uniqlo. This is no surprise to the casual fan, for the Big [...]
Supermarket sweep: Which FTSE 100 grocer is the best buy? August 14, 2018 British supermarkets haven’t had an easy ride lately. There’s been plenty for them to worry about – the biggest being the rising cost of imports as sterling has continued to slide (the pound dropped to €1.11 and $1.28 last week). A weak pound has tightened profit margins. And with heavy competition from discount retailers, passing [...]
Fintech and funding: LendInvest’s path from adversity to opportunity June 13, 2018 Entrepreneurs often thrive in circumstances where traditional, established companies struggle – Microsoft, General Electric and Disney were all started during recessions. Nonetheless, 2008 was a precarious time to set up a mortgage business – as LendInvest co-founders Christian Faes and Ian Thomas candidly pointed out during a recent Leap 100 Breakfast. Although the online marketplace [...]
Spotify share price drops on first day of trading on Wall Street April 4, 2018 Shares in music streaming service Spotify dropped off in its second day of trading on Wall Street, following a strong opening performance yesterday. Spotify shares opened at $165.90 (£118), but by early this afternoon, the price had dropped 15 per cent to $140. Spotify’s opening listing was 34 per cent higher than its initial set [...]
Watch: UK claims Amazon’s first ever drone delivery December 14, 2016 Amazon’s dream of drone deliveries just became a reality – and it happened first in the UK. A fully automated drone with no human input delivered a package to a customer in Cambridgeshire, taking just 13 minutes to get it from depot to door. The first flight of its kind is a major step forward [...]
Spring Statement: UK “prepared to act unilaterally” on tech giants tax changes March 13, 2018 The government has said it is “prepared to act unilaterally” in order to ensure digital giants are paying the taxes they owe. Launched as part of Philip Hammond’s Spring Statement today, the new document reiterates the government view that the principle that companies should be taxed based on profits where they create value is being [...]
Revealed: June’s top and bottom performing funds July 2, 2018 June was dominated by trade war fears as Donald Trump said he would add further tariffs on Chinese and European goods should there be any retaliation to his initial tranche of measures. The prospect of mercantilist trade policies unnerved investors concerned about future growth. There are few, if any, real winners in a full-blown trade [...]
Amazon is looking for shop space in London, according to reports February 5, 2017 Tech giant Amazon has reportedly started searching for shop space in central London as part of its move into the grocery market. Amazon first revealed its ambitions to open grocery stores last December under the banner "Amazon Go". In a video, Amazon said it was using technology to create a shop with no check outs. Customers would [...]
Stop thinking in straight lines or get left behind by the revolution June 28, 2018 Revolutionaries from the past have a tendency to morph into romantic icons; think Che Guevara, Rosa Luxemburg, Lenin, Robespierre. From the safety of history, it’s possible to admire their determination and dedication without condoning their often destructive and violent tactics. Yet living revolutionaries are not always so popular beyond their immediate following. They threaten the [...]
Jeff Bezos is planning Amazon-like delivery to the Moon for “future human settlement” March 3, 2017 That Jeff Bezos vs Elon Musk rivalry can't just be contained to measly planet Earth. Not a week since Elon Musk announced his SpaceX company will be sending two private citizens to the moon next year, the Amazon boss has told The Washington Post, which is owned by Bezos, his plans to set up Amazon-style delivery [...]