Aetna agrees $69bn takeover by US pharmacy giant CVS Health December 3, 2017 US pharmacy giant CVS Health has agreed to pay $69bn (£51bn) for health insurer Aetna in the year’s biggest corporate transaction, it was confirmed late tonight. Aetna shareholders will receive $207 per share through a combination of cash and CVS Health shares after the company’s board gave the deal the thumbs up on Sunday. Aetna [...]
Exclusive: Apprentice star Lord Sugar says “Labour is dead”, Amazon should pay more in business rates and no one understands Brexit March 7, 2017 Apprentice star Lord Sugar has slammed Jeremy Corbyn for "destroying the Labour party". Speaking exclusively to City A.M., the billionaire entrepreneur said: "I think Jeremy Corbyn is totally useless and he’s destroyed the Labour party. It’s finished. It’s dead. They’ve got to find a new leader. "They need to kick him out but he’s so belligerent he [...]
Big Tech must be tamed, for the sake of a fair society May 17, 2018 Just as the competitive oil rush gave way to Rockefeller’s new monopoly in the form of Standard Oil, so the internet’s infrastructure is being built around a handful of companies of immense and growing power: Google, Apple, Facebook, and Amazon, along with their Chinese equivalents, Tencent, Alibaba, and Baidu. There are real concerns that while [...]
Turning a new page – how book marketing is changing June 4, 2018 ONE MIGHT think that with the rise of smartphones, the growing popularity of on-demand entertainment from the likes of Netflix, and headlines about Amazon eating the lunch of the high street bookshop, the UK book publishing industry might be in trouble. In fact, the most recent figures from the Publisher Association show that the sector [...]
Wish List at the Royal Court peers inside the warehouse of online retailers like Amazon January 17, 2017 A barely concealed swipe at the working practices of big online retailers, Wish List tells the story of a young woman caring for her OCD-afflicted brother while struggling to make ends meet at her warehouse packaging job. Tamsin’s (Erin Doherty) jittery existence involves trying (and failing) to meet her impossible packaging quota, as a relentless [...]
Brexit vote two years on: seven charts that tell the story June 22, 2018 On 23 June 2016, the UK public voted on whether or not to stay in the European Union (EU). Many expected the UK to remain in the EU, but by a majority of 52% to 48% the Leave campaign won. The UK is scheduled to leave the EU at 23:00 UK time on 29 March [...]
Amazon’s unstoppable expansion continues with new warehouse in Northamptonshire October 6, 2016 Amazon has announced plans to open a new warehouse in Daventry, Northamptonshire, in 2017, creating 300 new jobs. The tech giant said it is responding to growing demand for its services and wants to use the opening to offer more products to its customers. Read more: ASOS says "it isn't very practical" to run a warehouse like the Victorians [...]
Here’s how to get £10 off orders over £50 on Amazon (but it’s only today) January 20, 2017 Amazon has been ranked top of a nationwide poll for customer satisfaction among UK brands – and to thank its customers, it's offering them discounts. Hurrah. The online retailer's UK site came top of the UK Customer Satisfaction Index, with a score of 87.3 on the index. That was followed by M&S, P&O Cruises, Greggs [...]
FTSE 100 tumbles to its lowest in six weeks as the pound rises sharply November 10, 2017 The FTSE 100 closed at its lowest point in six weeks as a sharp rise in the pound pushed it lower. The index finished the day 0.7 per cent lower, at 7,435 points, having fallen to its lowest point in weeks earlier in the day. The selloff came as sterling rose 0.45 per cent against [...]
The world’s richest football clubs 2019: Real Madrid replace Manchester United at top of Deloitte Football Money League January 23, 2019 Manchester United have lost their status as the world’s richest club after Real Madrid replaced them at the top of Deloitte’s Football Money League. The Spanish giants ended United’s two-year domination of the annual list by generating revenue of €751m (£665m) last season – an all-time record for any football club. Read more: Spurs vs [...]