Klarna rival Laybuy turns its attention to the UK’s buy now pay later market May 27, 2021 The buy now pay later market has exploded in recent years and now a New Zealand company is trying to make its mark in the UK. Laybuy was set up by Gary Rohloff, his wife and his two sons in 2018 and launched in the UK in early 2019. The likes of Klarna and Clearpay [...]
First Group bus sale squeaks through as investors give green light May 27, 2021 Shareholders have this afternoon narrowly approved the sale of First Group’s US operations to Scandinavian fund EQT despite a strident campaign against the deal. At today’s AGM 61.3 per cent of investors backed the $4.6bn (£3.3bn) deal, with 38.7 per cent voting against it. The results means that Coast Capital’s attempts to derail the sale [...]
City Corporation calls for support for India coronavirus appeal May 27, 2021 The City of London Corporation has made a £25,000 donation to efforts to tackle the coronavirus emergency in India – and is calling for others to also show their support. The Square Mile’s governing body has donated to the Disasters Emergency Committee’s coronavirus appeal, which is providing medical supplies, treatment facilities and logistics support in [...]
Ben Whishaw goes off the deep end in tense debut feature Surge May 27, 2021 Debut features from new directors are exciting prospects. They can be unfiltered, rough and ready works that jump out of the screen and smack you across the face. They can also be derivative junk whose name you forget before the credits have even rolled. For Aneil Karis, an award-winning short filmmaker, Surge falls firmly into [...]
Bitcoin on knife edge in a standoff between bulls and bears – it really could go either way! May 27, 2021 Crypto at a Glance Greetings from Dubai where it seems the whole crypto world has descended to make it a temporary home. An amazing array of conferences and meetups are in full swing. The AIBC Dubai, and the Supreme Blockchain Conference organised By Guy Yanpolskiy alongside CV Labs and Draper Goren Holm launches, Sheesha Finance [...]
First Cow movie review – pure cinematic moo-phoria May 27, 2021 For European fans of independent filmmaker Kelly Reichardt, it’s been a long wait for the director’s first film since 2016’s Certain Women. Released at the beginning of March 2020 in the US, we’ve had to wait over a year longer because… well, you know why. Nevertheless, First Cow is a pleasant period piece that is [...]
A flood of investors into healthtech companies risks creating confusion for hospitals and care homes May 27, 2021 Increased consciousness around public health and the pandemic-driven demand for innovation saw the healthtech sector get a major cash injection of $750 million between 2019 and 2020. Traditional investors in healthtech have been joined by new entrants into the sector who rightly expect that the digitisation of the healthcare industry, which was accelerated by the [...]
BoE likely to hike interest rates next year, policymaker Vlieghe says May 27, 2021 The Bank of England is likely to hike interest rates “well into” next year although it could come earlier if the economy rebounds quickly, a policymaker has said. Gertjan Vlieghe, who is set to leave the Monetary Policy Committee in August, is one of the few BoE officials to speak publicly about interest rate rises. [...]
Airbus shares cruising as planemaker ups production targets May 27, 2021 Planemaker Airbus today upped its jet production targets, saying that the sector’s recovery from the Covid-19 pandemic had now begun. The European aerospace giant said that a recovery in single-aisle planes would lead the commercial market back to pre-Covid levels between 2023 and 2025. Investors flocked to the firm’s bullishness, with shares in Airbus up [...]
Sweet Dreams are made of this: UK bed retailer sold to Tempur Sealy for £340m May 27, 2021 Sweet Dreams are made of these: UK bed retailer sold to Tempur Sealy for £340m