Office workers can now use local Tesco to work from as supermarket giant joins forces with IWG May 12, 2022 Office workers across the UK will soon be able to use their local Tesco to work from as the supermarket group launches a new partnership with IWG. Tesco has said the flexible workspace business will convert excess space at its supermarket stores into office space designed for hybrid working. It comes amid the continued shift [...]
Exclusive: Pressure mounts on Treasury over BNPL regulation as Woolard says ‘pace has slowed’ May 12, 2022 Pressure is mounting on the Treasury to greenlight the next stage of buy-now pay-later regulation as concerns grow over the use of the products in the midst of a cost of living crisis.
Canadian investment giant close to HomeServe takeover May 11, 2022 Shares in emergency repair services firm Homeserve have surged after reports it was nearing a sale to Brookfield. HomeServe, listed on the FTSE-250 index, saw its share price up some 13 per cent on Wednesday afternoon after speculation of a takeover by the Canadian investment giant. Reports by Bloomberg on Wednesday morning suggested that the [...]
‘Taking the pistachio’: Watchdog bans Tesco Mobile ads for potential ‘serious and widespread offence’ May 11, 2022 UK advertising watchdog banned Tesco Mobile’s advertising campaign this morning for using expletives as names for food substitutes. The Advertising Standards Authority ruled that the names were likely to cause “serious and widespread offence”, ruling the use of “shiitake” and “pistachio” to be unacceptable. One advert seen in February featured text saying: “What a load [...]
Generation AI: Breakthrough for automation as robot ‘chef’ in Cambridge can taste food at different stages of the chewing process May 11, 2022 A robot “chef” has been trained to taste food at different stages of the chewing process to check if it is salty enough, imitating a similar process in humans. The University of Cambridge researchers suggest their results could be useful in the development of automated or semi-automated food preparation by helping robots to learn what [...]
Beauty Bay eyes outright sale after ditching London IPO plans May 11, 2022 Online marketplace Beauty Bay has recruited bankers to look at options including a sale, after previously eyeing a London listing. Beauty Bay has reportedly hired Threadstone Capital to advise it as it mulls options including a full or partial sale, or snapping up other firms to further its expansion ambitions. The beauty platform is now [...]
UK ticket holder richer than Adele after £184m lottery jackpot May 11, 2022 One lucky winner in the UK has bagged the country’s biggest-ever National Lottery prize, with a £184m jackpot. The winning main EuroMillions numbers are: 03, 25, 27, 28, 29 while the winning Lucky Star numbers are 04, 09. The EuroMillions winner is now richer than celebrities including boxer Anthony Joshua, who is recorded as having [...]
Pfizer coughs up $11.6bn for migraine treatment maker Biohaven May 10, 2022 Covid vaccine maker Pfizer has said it will cough up $11.6bn to acquire pharma firm Biohaven. Pfizer is snapping up the Connecticut based company in a bid to capitalise on a new class of migraine pill. Biohaven’s migraine drugs could surpass $6bn in annual sales, Pfizer said on Tuesday. Biohaven common shareholders are to receive [...]
Government’s consumer protection push criticised for moving too slowly May 10, 2022 Despite making grand gestures about protecting consumer and business rights under the draft Digital Markets, Competition and Consumer bill, the government have come under fire from critics for acting too slowly.
Andy Warhol’s iconic Marilyn Monroe portrait sold at auction for record £158m May 10, 2022 Andy Warhol’d iconic portrait of Marilyn Monroe has been sold at auction in New York for a record-breaking £158m. The artist’s ‘s ‘Shot Sage Blue Marilyn’ notched up $195m (£158m), making it the most expensive 20th entry artwork ever to sell at auction with Christie’s. The piece attracted bidders from 29 countries with additional highlights [...]