The City View: Rachel Cunliffe on lockdown, culture wars and why she misses the office June 19, 2020 In this episode Christian is joined by City A.M.‘s comment and features editor, Rachel Cunliffe. Newly returned from a brief stint on furlough, Rachel explains why she can’t wait to be back in the office and she considers the topics that will likely capture her attention on the comment desk as the business world starts [...]
Just Eat boss Peter Duffy moves to Moneysupermarket May 15, 2020 Just Eat boss Peter Duffy has been appointed as chief executive of price comparison website Moneysupermarket. Duffy, who was chief commercial operator at Easyjet before he joined takeaway giant Just Eat, will take the reins at Moneysupermarket from 1 September. He will replace Mark Lewis who announced he would step down as chief executive in [...]
Man jailed for stealing face masks from London’s King’s College Hospital April 8, 2020 A man has been jailed for three months after he was caught stealing face masks from a hospital in south London. Lerun Hussain, 34, was sentenced to 12 weeks at Croydon Magistrates’ Court today following the incident at King’s College Hospital. Police were called to the hospital in Denmark Hill at around 11.20am on Sunday [...]
Amazon buys self-driving startup Zoox for $1bn June 26, 2020 Amazon has acquired US self-driving startup Zoox, marking its first major step into the driverless cars market. The deal is valued at more than $1bn, the Information first reported. Amazon declined to confirm the size of the acquisition. Zoox chief executive Aicha Evans and chief technology officer Jesse Levinson will continue to lead Zoox as [...]
Deliveroo debuts dine-in feature for reopening restaurants June 29, 2020 Deliveroo has today announced a new so-called table service feature, which will help restaurants cater to customers choosing to dine in without breaching social distancing measures. Available from 15 July, the tool will let customers browse the menu, order and pay at a restaurant via the Deliveroo app. Deliveroo has said it will not charge [...]
Deliveroo launches in-app fundraising tool for free NHS meals May 12, 2020 Deliveroo today announced the launch of a new in-app fundraising tool allowing users to donate meals to NHS workers. From this week customers will be able to either round up their bill to the nearest pound or add an additional tip at checkout on the Deliveroo app. These funds will go towards the cost of [...]
Takeaway.com looks ahead to Just Eat after rise in revenue February 13, 2020 Takeaway.com saw a sharp rise in revenue prior to its merger with UK peer Just Eat. The figures Takeaway processed 159.2m orders in 2019, representing a 70 per cent compared with the year before. The average commission rate increased to 12.6 per cent in 2019 from 12.1 per cent in 2018, mainly driven by an [...]
Ocado set to be crowned the FTSE’s most valuable tech giant December 17, 2019 Analysts have said Ocado has the vision to become the “Microsoft of Retail tomorrow” and transition into the FTSE’s most valuable tech giant. Once finalised, the decision by the Competition and Markets Authority (CMA) to de-designate Ocado as a retailer in August will make it the largest listed tech company in the UK by valuation. [...]
FTSE 100 rises but Wall Street falls again on job data September 4, 2020 The FTSE 100 reversed yesterday’s losses, closing in on the 5,900 point level this morning despite last night’s ferocious sell-off of US tech stocks dragging markets down overnight. By the early afternoon London’s premier index was 0.7 per cent up at 5,888.96. The FTSE 250 index of mid caps also rose 0.2 per cent. However, [...]
Social media influencers attract a quarter of online ad complaints June 3, 2020 Influencers were responsible for a quarter of all complaints about online adverts last year amid a crackdown on brand promotions on social media. The Advertising Standards Authority (ASA) received more than 4,400 complaints last year about 3,670 ads that used social media influencers. The figure represents more than a quarter of all complaints for online [...]