London markets kick off week in positive style on Shell UK commitment November 15, 2021 London markets kicked off the new week in positive fashion today, boosted by oil mega cap Royal Dutch Shell. The capital’s premier FTSE 100 index gained 0.14 per cent to hit 7,358.35 points, while the mid-cap FTSE 250 advanced 0.25 per cent to 23,625.56 points. The City was buttered up by oil giant Royal Dutch [...]
Premier League on the verge of £1.5bn US TV deal November 15, 2021 The Premier League is closing in on the sale of its US television rights for a record $2bn (£1.5bn).
Young people four times more likely to watch TV with subtitles November 15, 2021 According to research by captioning charity Stagetext, four out of five viewers aged 18-25 said they use subtitles all or part of the time when watching TV.
Burger chain Five Guys eyes accelerated expansion after seeing opportunity in pandemic November 15, 2021 “We’re just really early days still,” explains Five Guys’ UK CEO John Eckbert. The US-founded burger chain expects to ramp up its UK expansion plans after the pandemic has opened up real estate opportunities – but dark kitchens would only ever be “temporary.” Alongside Carphone Warehouse founder Sir Charles Dunstone, Eckbert was responsible for launching [...]
Port authority offers thousand acres of land to bolster UK’s strained supply chains November 15, 2021 The UK’s largest port operator is offering over a thousand acres of development land to support the UK’s supply chain, manufacturing and renewable energy sectors. Associated British Ports (ABP) operates 21 ports across the UK, and is now making 14 strategic sites available for a range of business uses. During the next 18 months, ABP [...]
HMRC hybrid working made permanent: 40,000 staffers given new devices November 15, 2021 HMRC has invested in nearly 40,000 laptops, tablets and phones in the last 12 months, and a total of 45,704 devices since October 2019, shortly before widespread remote working was introduced. The data revealed that new devices had surged by 366 per cent this year, when compared to the same time period for last year [...]
Cineworld reports revenue boost of 127 per cent compared to pre-pandemic levels November 15, 2021 Cineworld's revenue has grown steadily since reopening and the group touched 90 per cent of pre-pandemic levels in October in its recent trading update.
Ascential acquires software specialists to boost presence on Walmart.com November 15, 2021 Ascential has acquired WhyteSpyder, boosting its presence on Walmart’s website, a key trading marketplace. The newly-purchased company is an e-Commerce specialist that provides software solutions to over 80 brands trading on Walmart.com It relies on a mixture of search engine optimisation, retail insights, content management and media hosting. WhyteSpyder will now join Ascential’s digital commerce business [...]
HgCapital reports strong interim results despite ‘risk environment’ November 15, 2021 Tech private equity firm HgCapital announced strong performance of its portfolio, with its three month net asset value (NAV) per share up 11.6 per cent.
City’s new Lord Mayor will be a much-needed Square Mile champion November 15, 2021 As we move towards guarded optimism that we really might be over the worst of the Covid-19 pandemic, that cheery outlook is increasingly not being matched by economic data. Today two surveys suggest confidence is faltering, as supply chain issues and staffing shortages begin to be felt. Another look at pub takings suggest we’re not [...]