Deliveroo holds guidance as UK revenue rises despite global dip October 19, 2023 Online takeaway platform Deliveroo has maintained its full year guidance for the year, as the company was bolstered by demand in the UK and Ireland. According to its third quarter update, the listed delivery app, said revenues in its UK and Ireland arm grew by a steady three per cent to £297m, but internationally it [...]
Resolution Foundation: Bank of England needs more firepower to fight downturns October 19, 2023 With debt rapidly rising, the think tank warned that the UK would quickly face an unsustainable debt burden without a fundamental reset of fiscal and monetary policy.
Sodexo threatens to cut £800m of contracts if net zero progress isn’t shown October 19, 2023 Sodexo has told its suppliers they must demonstrate tangible progress towards net zero by 2030 if they want to keep their contract.
Round Hill Music shareholders approve $469m sale to Concord October 19, 2023 Shareholders of London-listed Round Hill Music have overwhelmingly voted in approval voiced of a $468.8 sale to Alchemy Copyrights.
Record rent rises are an existential challenge for London’s future October 19, 2023 It shouldn’t come as a surprise to anyone who lives in London, but yesterday the capital clocked a record increase in private rental prices, with the cost of leasing a flat in the capital ticking up by 6.2 per cent in the year to September, up from 5.9 per cent in August. It is the [...]
Mark Kleinman: Why Barclays’ £1bn Telegraph bid won’t be the last word, Alison Rose’s next move and why no one wants to be chair of the BBC October 19, 2023 The must-read column from the man in the know, City Editor at Sky Mark Kleinman Barclays’s £1bn Telegraph bid not the last word Hold the front page: the Barclay family’s effort to lodge a knockout bid for The Daily Telegraph was timed like the arrival of a blockbuster newspaper story minutes before the final edition, [...]
Ladbible owner LBG expands in US market with $54m deal October 18, 2023 LBG Media, owner of popular digital entertainment channel Ladbible, has bought a US-based company for $54m as it expands its presence across the Atlantic.
Amazon to start drone delivery in the UK next year October 18, 2023 Amazon Prime's Air drove delivery service is set to expand into the UK in late 2024, the company confirmed today.
BT will sell fridges and subscriptions in push for more customers October 18, 2023 BT is branching out from its telco business into household appliances and a subscription service in a rebranding effort to accelerate customer growth.
No-shows at pubs, restaurants and bars double October 18, 2023 Pubs, bars and restaurants have seen the number of customer no-shows double over the past year, according to new figures. About one in eight reservations is not being honoured, with customers also not telling venues they need to cancel, research by industry experts from Zonal and CGA by NIQ has revealed. It comes amid a [...]