Saudi Arabia’s PIF and Amanda Staveley should have waited to buy Chelsea instead March 10, 2022 I can’t help thinking that Amanda Staveley and her consortium have bought the wrong football club. Had they waited just five months they could have had Chelsea FC rather than Newcastle United. A mooted £3bn price tag may be 10 times the price paid for the Magpies, but still well within the means of Saudi [...]
Europe’s first metaverse ETF set to list in London March 10, 2022 Europe’s first metaverse exchange traded fund (ETF) is set to launch on the London Stock Exchange this month as investors scramble to pump cash into the burgeoning sector.
Letters: Our law is not your law March 10, 2022 [Re: British human rights lawyer flees Hong Kong after meeting with national security police, March 3] The departure of veteran British human rights barrister and former chair of Hong Kong’s Bar Association, Paul Harris, following police questioning marks yet another dark day for human rights and the rule of law in Hong Kong. It is [...]
Topps Tiles snags majority stake in online tiling supplier March 10, 2022 Topps Tiles has snagged a majority stake in an online tiling supplier, in a bid to bolster its retail and commercial brands. The London-listed tiling company has acquired a 60 per cent share of the supplier for £5.3m in cash. Chief executive Rob Parker added that the deal also moves the company closer to its [...]
Hendrick’s looks to the sea for inspiration for its brand new gin March 10, 2022 Hendrick’s flagship gin arrived in the vanguard of the gin revival. Packed with floral notes from rose petals, and freshness, from cucumbers, its inventive blend and distinctive bottling has been emblematic of gin’s return to prominence over the last two decades. In recent years the brand has continued to innovate, with regular releases of limited-edition [...]
Exclusive: London ‘insurtech’ firm Loadsure gets funding injection March 10, 2022 Insurance tech firm Loadsure announced a $11m funding injection today as it looks to ramp up its tech development for the global cargo and freight insurance market.
Branch banking to be dead and gone in Europe by 2025 March 10, 2022 Banking through physical branches could phase out by 2025, a new survey has revealed, as the pandemic-era push to online holds its momentum. Nearly 70 per cent of European banks, surveyed by the Economist Intelligence Unit (EIU) and Temenos, said that brick and mortar banks will be dead and gone in just three years. It [...]
Higher return rates impact Boohoo’s sales growth March 10, 2022 Boohoo said today its net sales growth in the fourth quarter of FY22 was impacted by Brits’ post-pandemic ‘buy before you try attitude’ . The company explained that the higher rate of items returned was due to changing consumption patterns, as people shifted from buying more ‘athleisure’ during the pandemic to mixing it up with [...]
Google searches for ‘WW3’ up 75-fold since Russian invasion of Ukraine March 10, 2022 Google searches for ‘WW3’ have skyrocketed by 75-times the usual rate in wake of Russia’s invasion of Ukraine. As tensions continue to mount between Moscow and Kyiv, UK internet users expressed their fears about it engulfing the rest of Europe, by asking the search engine giant if it might spell the start of a third [...]
London a £106bn key driver of surging global online sales in wake of pandemic March 10, 2022 London was at the forefront of soaring global online shopping, with record-breaking investment in the capital last year. As the world emerged from the pandemic, retailers took in more than $140bn (£106bn) from web-based sales in 2021 – more than double the previous year. Following numerous lockdowns which led to a spike in virtual shopping, [...]
