Pearson sales jump as demand for online learning soars April 26, 2021 Global education firm Pearson said strong demand for online learning courses helped the group post a five per cent rise in underlying revenue growth in the first three months of the year. Shares in the education group rose more than 2.5 per cent on the update to 822p this morning Delivering a quarterly trading update, [...]
City AM and Jobbio have teamed up to help people get their dream jobs April 26, 2021 As a direct result of COVID-19, millions of people lost their jobs all over the UK, companies introduced hiring freezes and furlough schemes took on a major role in pretty much every job market. It’s been a difficult time, but there’s light at the end of the tunnel. Over the last couple of weeks, we’ve [...]
United Oil and Gas hails ‘landmark year’ despite Covid crisis April 26, 2021 United Oil and Gas this morning hailed a “landmark year” for the AIM-listed firm despite the carnage caused by the coronavirus pandemic. The company, one of the few smaller oil and gas firms to operate both exploratory and production assets, posted its first ever profit in 2020. United also said that it had seen its [...]
Dominic Cummings to blame Boris Johnson for delaying winter lockdowns April 26, 2021 Dominic Cummings is reportedly set to blame Boris Johnson for delaying the imposition of new lockdowns in the autumn and winter, leading to a massive surge in deaths. The PM’s former chief adviser reportedly has an explosive dossier on the government’s Covid response that will name Johnson as the figure responsible for the UK’s high [...]
The Square Mile’s recovery will create an innovative, inclusive and sustainable business eco-system April 26, 2021 Walking around the City’s streets has been a joyous experience since many businesses started to reopen their doors and welcome back customers. It has been fantastic to see the vibrancy and the buzz, which the Square Mile is so well known for, gradually returning, taking us that bit closer to the more normal times that [...]
Yougov acquires open banking start-up Lean App April 26, 2021 Data analytics firm Yougov has acquired open banking start-up Lean App to help improve its services with financial transaction data. Lean App has been acquired by Yougov on a three year earn-out, tied to enriching and expanding the research company’s data in the UK and the US. Lean App’s founders – Luke Dugdale, Tom Stuart, [...]
Recruitment firm Staffline expects to beat forecasts as end of furlough to boost training unit April 26, 2021 Recruitment firm Staffline said this morning it expects its financial results for this financial year to be ahead of forecasts as the employment market bounces back after the latest lockdown. The company said it anticipates that it will benefit from the end of the furlough scheme, as people search for new jobs and training courses, [...]
Draper Esprit’s tech bets pay off as portfolio value jumps 35 per cent April 26, 2021 UK venture capital firm Draper Esprit has increased its gross portfolio value by more than 35 per cent to £955m in the last year, the company said this morning. Delivering its full year trading update, Draper Esprit said the market for tech company investments has been “exceptionally strong” during the pandemic. Martin Davis, CEO of [...]
Superdry appoints ex-Helly Hansen boss as chairman April 26, 2021 Superdry has appointed the former boss of Norwegian sportswear brand Helly Hansen as its new chairman. The retailer announced this morning that Peter Sjolander will join the board on 29 April, with current chairman Peter Williams stepping down on the same day after two years in the role. Sjolander, who was Helly Hansen’s chief executive [...]
Former Post Office boss quits Morrisons and Dunelm boards April 26, 2021 Former Post Office boss Paula Vennells has this morning stepped down from her roles on the boards of Morrisons and Dunelm after one of the biggest miscarriages of justice in recent history. In statements issued by the two firms, they confirmed she would step down with immediate effect. Andrew Higginson, Morrisons chairman, said: “Paula has [...]
