Deliveroo shares slump 30 per cent on long-awaited stock market debut March 31, 2021 Deliveroo shares plunged by as much as 30 per cent on its long-awaited market debut, wiping more than £2bn off its valuation. The delivery firm’s shares closed out their first day of trading well down at 287p, a sharp drop from the offer price of 390p per share. The listing had been hotly anticipated given [...]
Picnic in style with our top restaurant-in-a-box delivery kits March 29, 2021 As the weather turns and outdoor meet-ups for two groups of up to six people are finally allowed, there’s a bit of optimism in the air. What better way to celebrate than with a Covid-friendly, appropriately-distanced, outdoor feast? Our Life&Style editor Steve Dinneen continues to eat his way through as many home delivery boxes as [...]
MasterChef: The Professionals winner Alex Webb’s top 5 London restaurants March 29, 2021 With restaurant terraces set to reopen from 12 April and socially distanced indoor dining following on 17 May, Londoners will be clamouring to enjoy eating out once again. So who better to recommend some of the best fine dining spots the capital has to offer than current MasterChef: The Professionals champion Alex Webb, who at [...]
The office needs to be completely re-imagined March 28, 2021 Imagine this. Your alarm goes off slightly earlier than usual, it’s Tuesday; office day. You look forward to putting on properly fitted clothing – especially on your bottom half. The commute is no longer the daily draining slog it once was, but a novelty you enjoy – a time to listen to that podcast and [...]
Week in Sportbiz: Is crypto the next big player in sports sponsorship? Plus Extreme E’s Suez near miss and Amazon’s Six Nations interest March 25, 2021 Where US sports lead, others tend to follow, so it was with interest that industry insiders noted developments in Florida this week. Miami Heat’s home is set to be rebranded the FTX Arena after the NBA side struck a naming rights agreement with the cryptocurrency exchange. FTX will pay $135m for the 19-year deal, the [...]
Exclusive: City fund managers on pandemic volatility, inflation and value vs growth March 24, 2021 It has been a surreal year for fund managers in the City, with unprecedented volatility descending on practically every investment vehicle, asset manager or investor operating out of the Square Mile. The unpredictability of the ongoing pandemic is one of the reasons why the age-old investment-driven debate about ‘cheap’ value stocks versus ‘expensive’ growth equities [...]
The curious case of Boris Johnson’s popularity after a year of lockdowns March 24, 2021 In 1993, economics Nobel Laureate Daniel Kahneman published a paper with the enigmatic title “When More Pain Is Preferred to Less”. He and his colleagues conducted two experiments with the same group of people. In the first, the participants had to hold their hand in cold water for a specified time. They had to keep [...]
FTSE 100 slips as fears of third Covid wave spark recovery concerns March 24, 2021 London’s FTSE 100 dipped by 0.2 per cent on Wednesday as a jump in Covid cases across Europe sparked concerns about its near-term economic impact. The blue-chip index was edged down by bank stocks including HSBC, Barclays and Lloyds falling between one per cent and 1.5 per cent. British consumer price inflation fell to 0.4 [...]
Coronavirus: How has a year of lockdowns changed the way we shop? March 23, 2021 One year ago today Boris Johnson announced the UK would enter its first coronavirus lockdown, forcing non-essential shops, pubs and restaurants to close in an unprecedented move to slow the spread of Covid-19. The way we shop had changed before the Prime Minister addressed the nation on the evening of 23 March 2020. Images of [...]
Fiery Sri Lankan and 36 other restaurant-in-a-box delivery kits March 19, 2021 Almost a year since the first lockdown, the restaurant world has been forced to change in ways that would have seemed laughable in the pre-Covid times. Top chefs are now launching successful at-home delivery platforms that promise to change the face of fine dining for years to come. We have sampled some of the very [...]