McColl’s: Convenience store chain has no clue why share price up 60 per cent April 7, 2022 McColl’s share price surged 61 per cent on Thursday, with the convenience store operator saying it has no idea why. In an update on the London Stock Exchange, McColl’s said it “notes the recent rise in the company’s share price and confirms that it does not know of any reason for this price movement.” The [...]
UK’s first cannabis-based medicines study gets green light in NHS April 7, 2022 LVL Health has launched the UK’s first regulatory approved clinical study for cannabis-based medicines, available on the NHS. The study is hoped to provide data which could open the door to deals within the NHS for cannabis medication for pain. It comes just days after the first medicinal cannabis company to list on London’s main [...]
Founders not investors now hold the power, says Innocent-founder turned venture capitalist April 7, 2022 London venture capital is now so buoyant that startup founders are batting away investors, says Richard Reed.
Privatisation pushback: New documents reveal Channel 4’s final fight against sale April 7, 2022 New documents have revealed that Channel 4 attempted to fend off the government's privatisation push with an alternative hybrid model earlier this year.
Primark launches ‘virtual shop window’ but shoppers still can’t buy clothes online April 7, 2022 Primark has launched a new website – but shoppers still can’t buy anything online. The budget fashion retailer said its new site is a “virtual shop window,” and will allow customers to look at product information and check whether an item is in stock at their local shop. The high street name has stood out [...]
British embassy guard facing nine charges of spying for Russia under official secrets act April 7, 2022 A British man who was an embassy guard in Germany is facing nine charges under the Official Secrets Act, accused of spying for Russia. David Ballantyne was extradited from Germany, where he was living in Potsdam and working as a security guard. The 57-year-old will appear at Westminster Magistrates Court today, over alleged offences committed [...]
Child safety campaigners criticise Meta’s end-to-end encryption plans April 7, 2022 Child safety campaigners have criticised Meta’s recent research that makes the case for end-to-end encryption as a positive driver for human rights.
CD&R offers to sell petrol stations so watchdog will green light £7bn Morrisons takeover April 7, 2022 Morrisons’ new private equity owner has suggested it would sell an undisclosed number of petrol stations in order to be approved by the UK’s competition watchdog. The competition watchdog had previously expressed concerns as Clayton, Dubilier & Rice (CD&R) also owns petrol station titan Motor Fuel Group (MFG). The Competition and Markets Authority (CMA) said [...]
Amazon sellers get five star status with bogus reviews of toys, investigation finds April 7, 2022 Amazon sellers have been manipulating its review system to boost their review status to five stars, a deep-dive by a consumer choice group has claimed. Businesses are making the most of a loophole with the online retail giant, using items such as cuddly toys and umbrellas to help inflate rating sand sell products. An investigation [...]
888 shares soar amid William Hill bargain deal April 7, 2022 Gambling giant 888 has agreed a renewed price for its acquisition of William Hill, dropping from £2.2bn to £1.95bn, and reflecting the change in the "macro-economic and regulatory environment" since the deal was first announced.
