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Morning Wire Content

  • Don’t stop the music, let Goldman Sachs chief DJ if he wants

    October 18, 2023

    Goldman Sachs chief executive David Solomon will step down. No, not from his career at the top of the investment bank, but from what has been labelled his colourful side hustle – DJing. DJ-D Sol as he’s known on the circuit will only play privately for family and maybe friends after some of the stiff [...]

  • Tech companies boycott Web Summit after chief’s Israel conflict remarks

    October 17, 2023

    A number of UK-based tech companies are boycotting the Web Summit conference in Lisbon after the chief executive called out Israel for committing war crimes.

  • Amigo plots 11th hour music and film streaming move

    October 17, 2023

    Embattled UK subprime lender Amigo is exploring a shift into the music and film streaming market in a last ditch attempt to salvage value for shareholders.

  • Hundreds of UK jobs at risk as electric truck maker Volta files for bankruptcy

    October 17, 2023

    One of the first electric HGV companies, Volta Trucks, has filed for bankruptcy following a struggle to secure batteries for its lorries.

  • Vodafone and Three hit back at union concerns deal will kill competition

    October 17, 2023

    Vodafone and Three have hit back at a warning from trade union Unite that their telco tie-up will stifle competition, threaten national security and raise customer bills by up to £300 a year.

  • Those who lost jobs in Carillion deserve answers, GMB says, as execs avoid trial

    October 17, 2023

    Questions circulate around why the Government had invested "substantial" amounts of money into a Carillion trial that was dropped last week.

  • Using AI Technology to Execute a Serial Acquisition Strategy

    October 17, 2023  |  City Talk

    To build a successful rollup, experienced dealmakers need to develop and operate a scalable, repeatable M&A playbook that includes due diligence. In fact, due diligence tends to be one of the most expensive stages in a dealmaking process, costing anywhere between $50K and $200K+ per acquisition, depending on the deal size. While M&A activity has [...]

  • KPMG to cut jobs and freeze pay in deals division

    October 17, 2023

    Around 110 employees, nearly seven percent of the KPMG's UK deals workforce, are expected to be laid off, according to the Financial Times.

  • More pain for punters: Wetherspoons meal could hit £30 by 2050

    October 17, 2023

    In 30 years time, the price of a cheeseburger in a London Wetherspoons may cost £19.00 and its all day brunch could cost nearly £28. 

  • VR, drinks and AI materials brands among winners at KPMG Black Entrepreneurship Awards

    October 17, 2023

    KPMG's Black Entrepreneurship Awards returned for its fifth year to celebrate entrepreneurial candidates contributing to economic growth.

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