Flybe shares tank as airline pushes on with 1p-per-share Virgin-led bid January 24, 2019 Flybe’s shares sank as much as 47 per cent this morning as investors reacted to news that the struggling airline is pressing ahead with a takeover offer that will leave them an offer worth just 1p per share. A Virgin-led consortium today provided the budget airline with the first £10m chunk of a bridging loan [...]
Real estate merger to form biggest ever UK healthcare property investor January 24, 2019 Real estate group Primary Health Properties (PHP) has agreed a £1bn merger deal with MedicX in a move that is set to create the UK’s largest ever UK healthcare property investor. In an effort to scale up its role within the healthcare asset market, FTSE 250 primary care specialist PHP has signed an all-share merger with [...]
Here’s what happened to the UK professional jobs market in 2018 and what to watch out for in 2019 January 24, 2019 It is not unusual after the rest and relaxation of Christmas for people to consider their current career path and decide to search for new opportunities. But it’s also important for these prospective jobseekers – and hiring managers – to look back at the previous year, in order to learn about the current state of [...]
Uber teams up with meditation startup Calm to bring some peace to UK passengers January 24, 2019 Uber has launched a partnership with meditation startup Calm to offer in-app mindfulness exercises to passengers, in a bid to make us all slow down a little more. From today, Uber riders across the UK will be able to access a range of guided meditation and breathing exercises during a trip in one of its cars. [...]
The army needs you… to hire our troops January 24, 2019 On Tuesday, we published “Benefit not Burden”, our latest attempt to bring an evidence-based perspective to the sometimes fraught world of supporting the armed forces community. There are around 6.5m people in this community in the UK. And despite their crucial work, they can inadvertently be at a disadvantage. The mobile lifestyle and the demands [...]
TV analytics platform Admo raises €6m in series B fundraising for London expansion January 24, 2019 Advertising analytics firm Admo.tv has secured €6m (£5.2m) in funding to help boost its presence in London, the company said today. Admo, which helps brands measure the impact of TV adverts on online traffic, raised the series B funding from venture capital firms Runa Capital, Entrepreneur Venture and Cap Decisif. Read more: Social media influencers promise [...]
Ford profits hit by tariffs as US car maker records losses in every region except North America January 24, 2019 Ford, the second biggest car maker in the US, recorded losses in every global region except North America in 2018, according to its full-year results. The company, which is in the midst of a major global restructuring drive, is to implement cost-reduction plans and job losses in Europe, looking to shake up its South American [...]
Haynes shares soar as growing digital business boosts half-year results January 24, 2019 Publisher Haynes saw its share price jump this morning after reporting a rise in half-year revenue and profits as it looks to shift its car manuals to digital formats. The figures Haynes reported a 23 per cent rise in profit before tax to £1.6m in the 26 weeks to the end of November. Revenue jumped [...]
Fevertree sales fizz as tonic maker cheers bumper summer January 24, 2019 FeverTree’s share price jumped more than eight per cent in early morning trading, after the tonic maker said it was forecasting a sharp uptick in revenues following strong consumer appetite in the UK. Prolonged summer weather and festive demand drove up sales last year, according to the group, which said today that it expected revenue [...]
Kiss And Say Goodbye: Former Malaysian PM records soul ballad while awaiting 1MDB trial January 24, 2019 Awaiting trial about his alleged role in one of history’s biggest corruption scandals has not stopped the former Malaysian Prime Minister poking fun at his successor in an online music video. Singing along to Kiss And Say Goodbye by the Manhattans, Najib Razak said he was fighting for those he loves. Read more: Goldman Sachs chief executive apologises [...]