Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
Sanderson shines in candid Premiership Rugby doc well worth a watch October 10, 2023 I was sceptical about Premiership Rugby’s attempt at a fly-on-the-wall documentary based on just three post-season matches, but Mud, Sweat Tears: Premiership Rugby hit the sweet spot ahead of Friday’s domestic season return. Covering the two semi-finals between first Saracens and Northampton Saints and then Sale Sharks and Leicester Tigers, before going on to watch [...]
Black Friday: Cash-strapped shoppers look to snap up Christmas bargains before cutting back November 25, 2022 Cash-strapped shoppers will take advantage of Black Friday discounts this weekend as they try to make Christmas special, before tightening their belts as the UK enters into a recession. While retailers may see a temporary boost in sales this weekend, shoppers will pull forward Christmas spending rather than “buying twice” as in previous years, Hargreaves [...]
EU to levy antitrust charges against Amazon over treatment of third-party sellers June 11, 2020 The European Commission is said to be preparing to file formal charges against Amazon over its treatment of third-party sellers on its platform. The Commission will accuse Amazon of accumulating data from third-party sellers and using it to compete against them, people familiar with the matter told the Wall Street Journal. The case could appear [...]
Inside the collapse of Baillie Gifford’s literary sponsorships June 5, 2024 Baillie Gifford has been met with boycotts due to its investments in fossil fuels and firms operating in Israel, leading to the end of its sponsorship of Edinburgh Book Festival.
The City View: Max Jamilly, Hoxton Farms co-founder, on lab-grown meat and London’s start-up scene April 26, 2022 Today Andy Silvester chats to Max Jamilly, co-founder of Hoxton Farms, a lab-grown meat start-up based in London. They go through the recent rise of plant-based alternatives, how lab-grown meat is created, and why it will supercede traditional plant-based meat; and Hoxton Farms’ funding journey, their plans to scale their business, and London’s vibrant start-up [...]
Office Space: Take a look behind the scenes of Amazon’s sprawling, 15-storey London headquarters at Principal Place March 2, 2020 There’s always money in the banana stand. Or at least there would be, were the bananas not being handed out for free. Each morning outside Amazon’s HQ in Shoreditch a fruitmonger dispenses complimentary bananas to Amazon staff, peckish commuters and anybody who cares to take one. The tradition was started by Jeff Bezos himself on [...]
Explainer-in-brief: No industry seems to be safe from layoffs January 11, 2023 In keeping with the trends of 2022, this year opened with more announcements of layoffs in all kinds of sectors. Corporate law firms in the City have hinted they might follow in their US counterparts’ footsteps and start sacking staff. Amazon has declared it will let more than 18,000 people go. And Goldman Sachs has [...]
Recruiter Robert Walters sounds profit alarm on recession chilling UK jobs market January 10, 2023 Jitters over the UK economy tumbling into a tough recession is likely to trigger a hiring slow down, sparking recruiter Robert Walters to today warn its full year profits will drop below expectations. The alert sent the firm’s London-listed shares down more than three per cent today, clawing back some ground after shedding around nine [...]
London’s FTSE 100 dragged down by windfall tax rumours hitting UK banks October 19, 2022 London’s FTSE 100 was dragged lower today by investors ditching UK banks on fears they will be hit by a windfall tax by new chancellor Jeremy Hunt. The capital’s premier index fell 0.17 per cent to 6,924.99 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]