Brexit negotiations to continue remotely following positive Covid case November 19, 2020 Brexit talks will continue remotely after being put on hold earlier today on the news a member of the EU negotiating team tested positive for Covid.
Smurfit Kappa taps investors for €650m to accelerate sustainability and e-commerce growth November 19, 2020 Packaging manufacturer Smurfit Kappa has announced plans to tap investors for €650m to accelerate its growth plans amid a surge in demand for online retail. The company this evening launched an equity raise, saying it had identified €1.2bn to €1.4bn of investment opportunities, including in sustainable packaging and e-commerce, to increase its competitive advantage. The FTSE [...]
Editorial: Saving the High Street requires some real creativity November 19, 2020 The collapse of Jaeger and Peacock’s into administration is, alas, little surprise. It’s a tragedy for the 4,000-odd people whose roles are now at risk – this is no time to lose a job, with the economy still in the doldrums. But it’s symptomatic of a wider trend, and a wider trend that at some [...]
London business groups urge Sunak to give capital its fair share in spending review November 19, 2020 A pair of London business advocacy groups have called for the capital to receive significant amounts of funding in Rishi Sunak’s spending review next week amid fears the city could be overlooked. London First and the London Chamber of Commerce and Industry told City A.M. that it was vital the capital was not forgotten by [...]
China warns West on Hong Kong: ‘Their eyes will be plucked out’ November 19, 2020 China has warned the UK, US, Australia, New Zealand and Canada to stay out of its affairs after the countries accused Beijing of silencing critics in Hong Kong. The Five Eyes alliance slammed China’s introduction of new rules that allows it to disqualify elected legislators in Hong Kong. The countries yesterday called on Beijing to [...]
Israel and Sri Lanka added to quarantine free travel corridors list November 19, 2020 Israel and Sri Lanka are among nine countries to have been added to the UK’s travel corridor list, meaning that people can travel to them without quarantining on return. The other countries added to the list are Namibia, Rwanda, Uruguay, Bonaire, St Eustatius and Saba, the Northern Mariana Islands, and the US Virgin Islands. It [...]
London dwarfs rest of UK for 2020 startup success November 19, 2020 London leads the UK for new business creation in 2020, with more than 130,989 startups created between January and August. The first eight months of the year saw more than 130,000 new businesses created in the capital, up more than 21% on 2019’s figures, according to data from consultancy business SHL. The number of London [...]
Exclusive: Sadiq Khan’s PR budget soars by 33 per cent in four years November 19, 2020 Sadiq Khan has increased City Hall spending on public relations by 33 per cent over the course of his term in office, according to newly released figures. Numbers released by City Hall through a freedom of information request show the mayor spent £977,912 on press office costs for 2019/20, compared to £732,537 in 2015/16. Spending [...]
Forter valuation soars to $1.3bn after raising $125m in Series E round November 19, 2020 E-commerce fraud prevention platform Forter has raised $125m in a Series E round bringing its valuation to over $1.3bn. The round was led by Bessemer Venture Partners and Itai Tsiddon with participation from Felix Capital and Sequoia Capital among others. Forter said it would use the investment to expand its network, which has doubled in [...]
Train to Busan Presents: Peninsula review – a zombie sequel with more bark than bite November 19, 2020 Train To Busan broke records around the world while bringing something new to the zombie craze. Four years later, the inevitable sequel arrives with grimly ironic timing for a world where infection rates and quarantine are now the norm. The reason for the ‘presents’ in the title is that it’s a sequel with little relation [...]
