Why science, engineering and business must unite to protect our athletes and the sports we love February 24, 2021 The stadiums were echoing, the stands empty, but when normal life ground to a halt, many professional sportsmen and women played on. The spectacle gave the rest of us a dose of much-needed escapism. Watching from our locked-down homes, it was easy to imagine the athletes on-screen didn’t have a care in the world beyond [...]
London should not overlook SPACs, former LSE boss says February 24, 2021 The former London Stock Exchange boss, Xavier Rolet, has declared London should consider blank-cheque vehicles following a surge of activity in the US. A number of big names, including Rolet himself, have jumped on the SPAC craze which is sweeping the US. SPACs – special acquisition companies- are created to raise capital through a public [...]
Super-rich opt for London despite temporary exodus amid pandemic February 24, 2021 London’s standing as a home for the super rich to live, invest and do business in has been unchanged during the pandemic.
EE to extend 4G coverage in rural not-spot crackdown February 24, 2021 EE today said it will improve its 4G coverage in more than 500 areas across the UK as part of a government initiative to stamp out so-called signal not-spots in rural areas. The mobile operator, which is owned by BT, has already upgraded its network in 110 areas since March last year and plans a [...]
UK growth helps Iberdrola offset Spanish power drop February 24, 2021 Spanish renewables giant Iberdrola this morning said that impressive growth in the UK helped balance out a fall in electricity demand in its home market due to the pandemic. The firm, which owns energy supplier Scottish Power, that the margins of the its UK business jumped over 40 per cent in 2020. This was largely [...]
Apple acquisitions: Tech giant buys a company every three to four weeks February 24, 2021 As the giants of Silicon Valley jostle for pole position in the escalating technology arms race, mergers and acquisitions are often the name of the game. But the scale of Big Tech acquisitiveness has been laid bare after Apple boss Tim Cook revealed his company has snapped up roughly 100 companies over the last six [...]
The truth about growth and value performance February 24, 2021 A statement I have heard many times in recent years, last year especially, is that the “value” style of investing no longer makes sense. That the very idea of buying an unfashionable stock doesn’t make sense when the new hottest stock with the most epic growth forecasts is being dangled, tantalisingly, in front of you. [...]
Reddit website goes down as Gamestop shares jump February 24, 2021 Reddit, the self-titled “front page of the internet”, crashed last night as shares in amateur trader favourite Gamestop climbed once again. The site, which is accessed by millions of people daily, went down at around 9pm on Wednesday. Shortly afterwards Reddit tweeted that it had identified the issue and its systems had recovered. It came [...]
Dettol-maker reaps benefits of hygiene kick as revenue soars February 24, 2021 Reckitt Benckiser has emerged strongly from the pandemic with like-for-like revenue leaping 11.8 per cent to £14bn in 2020 compared to the previous year. Full year operating profit hit more than £2.1bn compared to a loss of almost £2bn in 2019. The consumer-goods company, which owns Dettol, Harpic and Calgon, reported a 19.5 per cent [...]
Vodafone confirms Frankfurt float for mobile masts business February 24, 2021 Vodafone has confirmed plans to float its mobile masts division on the Frankfurt Stock Exchange by the end of March. The mobile network launched Vantage Towers last year in a bid to cash in on its lucrative infrastructure amid tough competition in the telecoms market. The company operates 82,000 towers across 10 European markets and [...]
