To make the UK a tech leader, retail money must be given more access to private investments April 15, 2021 It should be a good thing that Oxford Nanopore, Deliveroo, and Cazoo are all listing, regardless of their early stock market performance. But who in particular will be celebrating? It’s not clear whether much of the value created will be seen by the person on the street – and if we really want the broader [...]
Decline in UK marketing budgets slows amid rebound hopes April 15, 2021 Cuts to UK marketing budgets eased in the first quarter, sparking hopes that the easing of Covid-19 restrictions could pave the way for a sector rebound. Total marketing budgets declined again in the first three months of the year, with a net balance of -11.5 per cent of companies surveyed reporting lower ad spend. But [...]
Ford to further cut car production due to global semiconductor chip shortage April 14, 2021 Ford to further cut car production due to global semiconductor chip shortage
Coinbase shares jump 50 per cent on debut, valuing it at $100bn April 14, 2021 Coinbase shares jump 50 per cent on debut, valuing it at $100bn
Australian navy top brass treated to ‘inappropriate’ twerking performance at ship naming ceremony April 14, 2021 Australia’s Royal Navy has taken the Queen’s absence to have some fun during a ceremony that left the country’s most esteemed defence force figures red faced. It may have been a sunny 25 degrees in Sydney yesterday, but it was a dance performance replete with synchronised twerking by a female dance troupe that left the [...]
Goldman Sachs smashes profit expectations as global M&A and SPAC boom pushes fees higher April 14, 2021 Goldman Sachs smashes profit expectations on global M&A and SPAC boom
Asda overhauls in-store bakeries, putting 1,200 jobs at risk April 14, 2021 Asda has announced plans to overhaul its in-store bakeries in a move that could put up to 1,200 jobs at risk. The firm said that it had started a consultation with staff over the move, stressing that staff redundancies were “the last option”. “If the proposals are enacted, the priority will be to move as [...]
Live events: UK to launch pilot insurance scheme as part of sport and culture reopening April 14, 2021 Live events: UK to launch pilot insurance scheme as part of sport and culture reopening
Treasury Select Committee launches inquiry into Greensill Capital scandal April 14, 2021 Westminster’s Treasury Select Committee has today launched an inquiry the Greensill Capital lobbying scandal. Committee chair Mel Stride said MPs would “take a closer look” at the circumstances surrounding efforts by David Cameron and former senior civil servant Bill Crothers in lobbying on behalf of the failed finance firm. A statement from the committee said [...]
Promising Young Woman is a dark, brilliant Oscar contender April 14, 2021 Tearing its way through awards season is Promising Young Woman, the drama that has had film fans abuzz ever since the trailer first appeared in 2019. Just over a year and a pandemic later, the film has picked up two BAFTAs (Outstanding British Film and Best Original Screenplay), and is vying for five Oscars at [...]
