Klarna set for US IPO in snub to London markets March 6, 2025 Swedish fintech Klarna is looking to raise a minimum of $1bn (£777m) in a US initial public offering (IPO), sources told Bloomberg. Klarna’s US filing, which could come as soon as next week, will see the firm target a valuation of more than $15bn in the New York Stock Exchange, according to people familiar with [...]
Just Eat takes off with new drone delivery partnership March 6, 2025 Just Eat Takeaway has launched its first drone-operated food deliveries, marking the start of a major rollout in partnership with Manna Drone Delivery. The first location of the rollout will be in Dublin. Customers ordering from participating restaurants will now be able to opt for drone delivery and receive their meals in as little as [...]
Boxpark launches new concept alongside a new CEO March 5, 2025 Matt Snell grew up above a pub and has done “every single job there is to do in hospitality”. For the last seven years, he’s been running Italian chain Gusto, directing it through a set of unquestionably tough years for the hospitality sector. Now, he’s running London’s Boxpark – and spearheading the roll-out of its [...]
Loyalty tech startup acquired in mega eight figure deal March 3, 2025 UK-based loyalty tech startup Lux Rewards has been acquired by global rewards company Enigmatic Smile in an eight-figure deal following years of near closures. The exact purchase price has not been disclosed. The acquisition reflects growing consolidation in the loyalty tech industry as businesses compete to meet increasing consumer demand for rewards and retention-focused programs. [...]
7 of the best Mother’s Day 2025 events in London February 27, 2025 Mother’s Day 2025: the best events in London to book now Mother’s Day rolls around on Sunday 30 March and some London hotels and restaurants have already started promoting their events. We’ll continue to update this list as new events are confirmed in the capital to help you plan for the day with your mother, [...]
Vietnam defeated America, can it beat China too? February 27, 2025 'Escape from China' is the watchword in Vietnam for businesses offering an alternative to Beijing's communist encroachment, says Rainer Zitelmann.
Eat like an Egyptian at amazing new lunch spot Koshari February 26, 2025 The City’s eating and drinking scene has gone into overdrive in recent months and years, with dining options to rival anywhere in London. Our favourite new lunch spot is Koshari Street, which recently opened on Cannon Street. An Egyptian restaurant named after the famous dish of grains, chickpeas and tomato sauce, it’s a great option [...]
The Ritz-Carlton puts the ‘grand’ in Grand Cayman February 24, 2025 People either come here to make money or they’re running away from something,” Dan told me in Grand Cayman’s Backroom cigar and cocktail bar. The somewhat jaded 40-something American finance bro whose surfer-esque brown hair could easily be slicked back, Patrick Bateman style, was facing a dilemma. He’d reached the eight year point at which [...]
Just Eat shares rise 50 per cent on £3.3bn Prosus deal February 24, 2025 Global tech firm Prosus has made an offer to acquire Just Eat Takeaway.com for £3.3bn. The Amsterdam-based firm said it intends to launch the offer “as soon as practically possible”, which the company said was likely to be in the second quarter. The deal is expected to be completed by the end of the year. [...]
Eat, drink, sleep, repeat: Martin Williams’ own Michelin guide February 20, 2025 There are birthday parties, and then there are A list celebrity parties, complete with The Box style live entertainment and lashings of champagne. Music producer and celebrity booker Azim Majid has been a friend since 2015 when we first hosted his birthday at M in Threadneedle Street and have continued to do so most years [...]