Wilko shakes up rent payments as it eyes cashflow ahead of Christmas September 11, 2022 High street giant Wilko is shaking up its rent payments schedule in a bid to conserve cash in the run up to Christmas. The garden and home retailer told landlords that it would now unilaterally pay its quarterly rent bill in monthly instalments to manage the firm’s cashflow: heralding a difficult time moving forward for [...]
Driverless vehicle maker Aurrigo heads for London’s AIM September 11, 2022 Driverless vehicle maker Aurrigo is set to list on the London AIM tomorrow morning.
Netflix teams up with Ubisoft in video game push September 11, 2022 Netflix have announced plans to team up with video gaming giant Ubisoft as the streaming giant expands its offering amid subscriber concerns. The streaming giant revealed this weekend that it would be working with the French tech firm to create three games based on the gaming ‘universes’ of Valiant Hearts, Mighty Quest and Assassin’s Creed. [...]
Retail tycoon Mike Ashley joins the race for Savile Row tailor September 11, 2022 High-street tycoon Mike Ashley has reportedly joined the race to takeover Savile Row tailor Gieves & Hawkes. As first reported by Mark Kleinman for Sky News, Ashley’s Frasers Group – previously known as Sports Direct International- is now the latest bidder to join the grab for the 250-year-old Savile Row brand. It comes as Gieves [...]
Disney boss pushes back against ESPN sale September 11, 2022 Disney boss has pushed back against calls to sell up or spin off its sports arm, ESPN.
Former Disney chief says he didn’t buy Twitter because of bot concerns September 8, 2022 Disney’s former chief has said the company did not purchase Twitter back in 2016 because a “substantial portion” of its users “were not real”. Speaking at Vox Media’s Code Conference, Bob Iger explained that the media giant had debated snapping up the social media firm, but decided against it. “We did look very carefully at all of [...]
Gymshark and Boohoo chiefs call for new British startup competition September 8, 2022 CHIEFS from Gymshark and Boohoo have urged the Prime Minister to back a new entrepreneurship competition in a push to get British startups back on track. In a letter to Liz Truss, the group of entrepreneurs, which also include top dogs from crowdfunding firm Seedrs and food-sharing app Olio, called on the government to fill [...]
Vin Murria pushes for M&C Saatchi takeover finish September 8, 2022 VIN MURRIA and her investment vehicle AdvancedAdvt pushed to bring the final offer process to a close as the hostile takeover of M&C Saatchi continues on. The entrepreneur and AdvancedAdvt (ADV), which already own 22.3 per cent of the advertising giant, have been locked in to a dramatic tussle with rival suitor Next Fifteen to [...]
BBC One and ITV suspend programming due to concerns about Queen’s health September 8, 2022 BBC One has suspended all programming until 6pm in light of the news about Her Majesty The Queen's health.
Former M&S CFO Helen Weir named new chair of National Express September 8, 2022 Former M&S CFO Helen Weir has been named the new Independent Non-Executive Director and Chair Designate of National Express.
