Parasite movie review: Bong Joon Ho’s surreal social commentary is a work of rare genius February 7, 2020 Over the last 90 years, the Academy has deigned to nominate just 10 foreign language films for the Best Picture gong, with none of them walking away with the gold statue. There’s an 11th in the running this year: Bong Joon Ho’s superlative Parasite. The director, whose oeuvre spans both Korean- (The Host, Mother) and [...]
Ocado retains crown as Britain’s fastest-growing supermarket February 4, 2020 Ocado has retained its position as Britain’s fastest growing supermarket, with the online grocer achieving its quickest growth in the North of England. Ocado’s overall sales grew 11.2 per cent year-on-year during the quarter, with its market share rising 0.2 percentage points, according to data from Kantar. While over half of the grocer’s sales come [...]
Combined Just Eat and Takeaway.com shares start trading February 3, 2020 The combined shares of Just Eat and Takeaway.com began trading this morning, despite a competition watchdog probe into the merger. Just Eat’s shares were suspended this morning and the merged company Just Eat Takeaway.com began trading on the London Stock Exchange under the ticker Jet. However, a full integration of the two takeaway platforms is [...]
Deliveroo and Amazon hit back at CMA probe January 29, 2020 Amazon and Deliveroo have hit back at the Competition and Markets Authority (CMA), calling its investigation flawed. They have complained that the CMA has failed to “produce any credible evidence of existing competition between Amazon and Deliveroo”. The watchdog referred the deal to a full investigation in late December, casting doubt on whether the investment [...]
Barclays takes a stake in digital receipts startup Flux January 29, 2020 Barclays will today take its relationship with digital receipts startup Flux one step further by acquiring a minority stake in the London tech firm. The startup said Barclays will also soon begin an expansion of its ongoing partnership with Flux to reach its entire UK mobile banking customer base, after a successful trial period on [...]
Just Eat bags deal to deliver McDonald’s January 28, 2020 Just Eat today became the second UK delivery firm to partner with McDonald’s after signing a multi-million-pound deal with the fast food chain. The delivery giant, which is set to enter a £6bn merger with Dutch firm Takeaway.com, said the partnership will hit the road later this year. It comes as a blow to rival Uber [...]
CMA sets out the issues in Amazon’s Deliveroo investment January 28, 2020 The Competition and Markets Authority (CMA) has today laid out plans for the next stage of its investigation into the Amazon and Deliveroo tie-up. The regulator has set out the key areas it plans to assess. It includes whether the deal could damage competition in the online restaurant food delivery market and the emerging market [...]
DEBATE: Should Britain introduce taxes on meat and dairy to meet our climate goals? January 27, 2020 Should we consider introducing taxes on meat and dairy products to meet our climate goals? Leo Murray, director of innovation at the climate change charity Possible, says YES. “Nanny state!” That’s the shrill, familiar cry of the reactionary commentariat whenever a threat to “individual freedoms” is spotted on the horizon. But the climate crisis is [...]
FTSE 100 leaps after WHO eases coronavirus fears January 24, 2020 The FTSE 100 stormed ahead today, more than clawing back the losses incurred yesterday as investors’ fears over the spread of the coronavirus mounted. The World Health Organisation yesterday stopped short of declaring the outbreak in China an emergency for the rest of the world. European equities gained in response today, before posting further jumps [...]
Just Eat shares fall as CMA probes Takeaway.com merger January 24, 2020 Shares in Just Eat fell three per cent this morning after the UK’s competition regulator launched a last-minute investigation into the proposed merger between delivery giants Just Eat and Takeaway.com. Takeaway.com said that it would revise its timetable by one week, meaning that unless the Competition and Markets Authority (CMA) barred the move, shares in [...]