The UK ranks top of all major developed economies for establishing new businesses December 11, 2017 The UK outranked all other major developed economies in terms of the number of businesses established last year, according to figures from accounting group UHY Hacker Young. It became home to 218,000 more businesses in 2016, a rise of six per cent over year-on-year. Meanwhile, other major developed economies including France, Germany, Italy, Japan and [...]
Deliveroo teams up with Heineken to create new booze delivery brand November 16, 2016 Deliveroo has announced a new partnership with Heineken which will see the two launch a new brand, Brew House, through which customers will be able to order beer and cider directly to their homes. Brew House launches in London today, and will be rolled out across the rest of the UK by the end of this year, [...]
Deliveroo and Diageo team up to put the spirit in your holiday with new alcohol home delivery service December 14, 2016 Let's set the scene: You've just come home from work, set a cosy fire and put on your most ridiculous Christmas jumper. All you need to complete the evening is a festive drink, but to your shock and horror you find your drinks cupboard is seriously lacking. Now you'll have to put the fire out, [...]
Bitcoin bubble will burst but blockchain technology will be useful, says private equity investing giant Harbourvest November 28, 2017 The bitcoin cryptocurrency is a bubble which will burst, but the underlying blockchain technology will have some useful applications, according to a director at Harbourvest Private Equity (HVPE). Speaking on investment megatrends this morning, Richard Hickman – director of investment and operations at the £995m London-listed HVPE trust – said he believed bitcoin was one [...]
London-listed IDH and Mansour family’s Man Capital join to scoop up Nigerian healthcare firm December 1, 2017 London-listed Integrated Diagnostics Holdings (IDH) has created a joint venture with Man Capital, the investment arm of the billionaire Mansour family, to acquire Nigerian medical diagnostics business Echo-Scan. The two firms have partnered with the World Bank’s International Finance Corporation to invest $25m in Echo-Scan, which is one of the biggest medical diagnostics players in [...]
British Airways chief executive Alex Cruz says it always will be “a premium airline” as he plots tech push to fight off competition December 6, 2017 The chief executive of British Airways said today the carrier “always will be a premium airline”, though added the airline remained unapologetic about cost-cutting in order to face off against rising competition. Speaking at the Aviation Club lunch, Alex Cruz said: “Let me make our position clear: we are, and always will be, a premium [...]
Jeremy Corbyn wants Uber to be replaced with a co-operative and workplace robots to be owned by workers October 14, 2017 Jeremy Corbyn has said the next Labour government could push for so-called gig economy firms like Uber to be run as co-operatives and put robots in the hands of workers. Speaking at the Co-operative Party Conference in London today, the Labour leader said technology had led to a more “rapacious and exploitative form of capitalism”. [...]
Cheers! Now Deliveroo’s delivering wine, beer and cocktails July 19, 2016 Drinkers rejoice: food delivery startup Deliveroo is expanding beyond the simple delivery of food and into into takeaway alcohol, including wine, craft beer and cocktails. The startup backed by top investors has inked new deals with Majestic Wines and Brewdog among others to bring the tipples straight to people's doors after testing out the drinks-only and [...]
Deliveroo launches corporate service in fight against Uber and Amazon September 26, 2016 Deliveroo is ramping up its fight against rivals such as Uber and Amazon with a new corporate service squarely aimed at business workers. The food delivery startup will launch the new dedicated "Deliveroo for Business" service this week with British Land, Innocent Drinks, Survey Monkey and Eventbrite already on board. Read more: Cheers! Now Deliveroo's delivering [...]
Just Eat’s Hungryhouse takeover is nearly good to go as competition watchdog gives provisional clearance October 12, 2017 The competition watchdog has provisionally paved the way for Just Eat to gobble up Hungryhouse, saying the merger does not raise concerns. Shares in Just Eat rose nearly five per cent in morning trading as investors chewed over the good news. Just Eat paid £200m for Hungryhouse, which it bought from Delivery Hero, back in [...]