Grubhub founder toyed with grabbing firm back following £5.8bn Just Eat sale June 5, 2022 The businessman behind Grubhub attempted to buy back the company he sold to Just Eat Takeaway for $7.3bn (£5.8bn) last year after the firm struggled to gain momentum in the States.
Just Eat’s Grubhub sale goes sour as tech shares continue to slip May 29, 2022 Just Eat's sale of Grubhub may be scuppered as brutal market movements wipe £5bn off its valuation and bosses prepare for a major writedown.
Explainer-in-brief: Guess who’s behind the dead cat strategic masterpiece? May 27, 2022 Yesterday Chancellor Rishi Sunak announced the introduction of a windfall tax – or as he called it, a “temporary targeted energy profits levy” – signalling a huge u-turn from his party’s previous stance on the policy. The announcement came the day after the Sue Gray report on Downing Street boozy parties, leading some to condemn [...]
Uncovering Churchill’s Marrakech May 26, 2022 Asking if Winston Churchill was a hero or a villain oversimplifies the man and the historic events in which he played such controversial — but undoubtedly significant — roles. I knew of him first as a statesman, then as a historian and writer, but only relatively recently discovered that Churchill was an accomplished artist, too. [...]
Sue Gray day: Who is the cat-loving former pub landlady from Tottenham who probed partygate? May 25, 2022 It’s D-Day in Westminster. Sue Gray has published her long-awaited report in the Downing Street parties during lockdown. The document is currently with the Prime Minister. Gray took on the civil service investigation into allegations of coronavirus rule-breaking at No 10 in December. As a result, over the course of the last six months, Gray [...]
Pets At Home: Owners continue to pamper their pooches despite price hikes May 25, 2022 Pets At Home seem to have braved the doggy dog world of inflation, with the retailer announcing market share wins this morning after revealing customers are spending more than ever on their furry friends.
IAG shareholders revolt against ‘excessive’ share award to boss Luis Gallego May 24, 2022 Shareholders at British Airways’ parent company IAG have revolted against the “excessive” share award given to boss Luis Gallego. Proxy voting agency Glass Lewis told investors to vote against the policy at IAG’s annual general meeting next month, as the proposal to increase Gallego’s share award from 100pc of his salary to 150pc under IAG’s [...]
Digital is eating the world, but… May 18, 2022 Crypto AM columnist Dr Chris Kacher explains why patience is the key to successful cryptocurrency trading.
Experian posts ‘very good year’ with revenue and profits booming for credit reporting firm May 18, 2022 Credit reporting firm Experian reported a strong full year this morning with revenue up 17 per cent at $6.3bn.
Just Eat urged to spin off Grubhub ‘quickly’ at AGM as shares plunge after investigation into top boss May 4, 2022 Just Eat Takeaway shareholders approved resolutions to reappoint key board members despite criticism from its activist investor. The delivery service made headlines ahead of its AGM on Wednesday morning, with news of the departure of its chairman and an investigation into its COO. However, despite pressure from activist investor Cat Rock last month, shareholders of [...]