Joules buys digital retailer for up to £12.5m in bid to expand in booming homeware market February 9, 2021 Joules has bought digital homeware retailer The Garden Trading Company for up to £12.5m, as it seeks to expand further into the thriving interiors market. Garden Trading sells its own home, garden and outdoor product designs through its direct-to-consumer platform and through 1,000 stockists across the UK. Joules said the acquisition will strengthen its position [...]
Myanmar protestors defy ban on gatherings as demonstrations intensify February 9, 2021 Myanmar’s authorities have today extended areas where gatherings are restricted after protesters confronted police in cities across the country. Gatherings of more than five people are banned, and curfews have been imposed in areas including the commercial hub of Yangon and the capital city of Naypyidaw. The rules come after Myanmar police fired gunshots into [...]
Notonthehighstreet.com bought by Boston private equity firm February 9, 2021 Online marketplace notonthehighstreet has been bought by Great Hill Partners, a Boston-based private equity business. Great Hill Partners will become a majority shareholder in the business, with existing investors Burda Principal Investment and Industry Ventures also remaining as shareholders. Notonthehighstreet did well throughout the coronavirus pandemic, boosting revenue by 50 per cent in the last [...]
Bellway revenue soars as first-half housing completions break records February 9, 2021 UK housebuilder Bellway reported that completions rose to record-breaking levels in the first half of the year, sending revenue soaring. Housing revenue jumped more than 12 per cent to £1.72bn in the first half, up from £1.52bn the previous year. The number of homes sold rose 6.3 per cent to 5,656, compared to 5,321. Bellway [...]
Huawei founder hopes Biden administration will have ‘open policy’ February 9, 2021 Huawei founder Ren Zhengfei said he hopes the new U.S. Biden administration will have an “open policy” to the Chinese company, after Donald Trump placed it on a trade blacklist. Zhengfei said he hoped U.S. President Joe Biden’s administration would bear in mind U.S. business interests when forming its policy. He said it was “conducive” [...]
Journalist sues Facebook over loss of control of personal data February 9, 2021 A claim has been filed against Facebook in the High Court of Justice regarding a loss of control over his and the personal data of around one million other affected Facebook users in England and Wales. The claim, brought about by journalist and writer Peter Jukes, is a consumer representative action brought on behalf of [...]
Living in a Digital World: three ways to connect with clients February 9, 2021 Where do financial advisers add value for investors? Relationships — including trust and personal connection — account for 72% of financial advisers’ perceived value, according to a recent Vanguard investor survey. The remaining 28%, investors attribute to the actual services advisers provide, such as creating financial plans and maximizing investment returns. This research emphasizes what [...]
Test and trace app prevented 600,000 Covid-19 cases February 9, 2021 The Covid-19 app has prevented about 600,000 cases of coronavirus, the government has said. The app has also told 1.7 million people in England and Wales to self-isolate at home, according to reports. According to the latest coronavirus figures, 3,959,784 people in the United Kingdom have tested positive for coronavirus. A further 14,104 tested positive [...]
What Euro 2020 in a Covid-19 world will look like for football fans, sponsors and broadcasters February 9, 2021 Euro 2020 is scheduled to take place across 12 European cities in June and Covid-19 will mean changes to the way major sporting events operate. Hygiene protocols, new technology solutions and fan behaviours will emerge that present both challenges and opportunities for brands and rights holders. Safety is paramount Any British fans who do physically [...]
What is Clubhouse? The $1bn app loved by Elon Musk and Mark Zuckerberg February 9, 2021 Elon Musk knows how to send markets into a tizzy, with his tweets about bitcoin and dogecoin sending prices skyrocketing. Now invite-only audio app Clubhouse is the latest craze to feel the Elon effect. At the end of last month Musk made his first appearance on the audio app with Robinhood’s chief executive. The stream maxed [...]
