London bankers dominate top M&A deal rankings for Europe February 5, 2021 London bankers dominate top M&A deal rankings for Europe
Peloton deliveries disrupted by Brexit and port delays February 5, 2021 Peloton’s stock of treadmills and bikes has been badly hit by Brexit and global shipping congestion, leading to severe delays, according to company CEO John Foley. On Peloton’s website, some items can take eight to ten weeks to be delivered, higher than the four to six week delivery windows earlier this year. The company has [...]
Tomorrow will be a better day is a mantra for business, too February 5, 2021 “Tomorrow will be a better day.” Words of comfort from the late Captain Sir Tom Moore that will inspire a nation in the days to come. The news of his passing hit me harder than I had any reason to expect. I admired him greatly for the life he led and the dignified positivity and [...]
Why are we so bullish on crypto? February 5, 2021 Cryptocurrency markets have exploded on to the scene. They have momentum, driven by institutional interest, technological progress, financial innovation, macroeconomic factors, and the collective power of the people. These are the most exciting times since the inception of the crypto markets and will change many lives. It is of the utmost importance to understand why. [...]
Central London retail investment doubles as fresh brands swoop on empty high street stores February 5, 2021 Less established brands swooped on discounted central London property in the final quarter of last year, as the collapse of former high street stalwarts has prime space up for grabs. Total central London retail investment in the fourth quarter of 2020 reached £475m, more than double the volume reported in the final three months of [...]
Feast in the East: UK’s Pacific tie-up could be world’s first digital alliance February 5, 2021 Last week the government announced that it was applying to join the Comprehensive and Progressive Trans-Pacific Partnership or CPTPP. The trading group circles the Pacific with 11 members, including major economies like Japan, Mexico and Australia, and the UK’s trade with it already stands at over £100 billion. The cabinet’s current rising star, international trade [...]
US stimulus calls increase as job growth rebound falls short February 5, 2021 US employment growth rebounded less strongly than expected in January, fuelling calls for further government stimulus measures to aid the recovery from Covid-19. Non-farm payrolls increased by 49,000 jobs last month, just shy of the 50,000 additions expected, according to the US Labor Department. Figures for December were also revised to show 227,000 jobs were [...]
Deloitte China whistleblower circulates damning presentation on social media that alleges audit failures of RYB Education February 5, 2021 Big Four firm Deloitte is under pressure after one of its employees reportedly made a 55-page PowerPoint presentation that exposed the firm’s alleged accounting violations in China. The PowerPoint, which has been circulating on Weibo, a Chinese website similar to Twitter, has alleged that when Deloitte was auditing the financial data of its client RYB [...]
WandaVision Episode 5: Huge reveals in biggest episode yet February 5, 2021 ** Warning: This review contains spoilers for the current episode of WandaVision ** Last week’s WandaVision welcomed us back to the real world, where we met the real Monica Rambeau (Teyonah Parris) and saw organisation SWORD’s attempts to breach Wanda’s (Elizabeth Olsen) reality. We’ll admit, it wasn’t our favourite, becoming a bit of a familiar [...]
UK’s gambling black market has doubled since 2018: PwC February 5, 2021 The number of British consumers gambling on unlicensed websites has doubled in the last three years, according to a new study by PwC. The report found a steep rise in customers using offshore websites, despite these platforms being less visible on Google and with little evidence of growing public awareness of black market brands. PwC [...]