Why Domino’s Pizza sell-off was overcooked May 14, 2019 By Graeme Evans from interactive investor. Hungry bargain hunters gobbled up shares in Domino's, correctly betting than an early slump was unfair. After selling 12 pizzas every second on New Year's Day, the rest of 2019 certainly hasn't panned out in the same emphatic fashion for Domino's Pizzaor its investors. Shares slumped as much as [...]
Editor’s Notes: Harmony is in short supply in the EU as challenges loom large May 10, 2019 Faced with some major non-Brexit challenges of their own, the leaders of the EU27 and the heads of the EU’s powerful institutions are meeting in Sibiu, Romania for a summit. What’s emerged so far is the Sibiu Declaration, a beautifully vague and vacuous document committing the EU to a range of platitudinous positions such as: [...]
Foreign flops at Purplebricks and Domino’s hit shares May 7, 2019 International expansion is not as easy as it looks – just ask the boards of Purplebricks and Domino’s. Michael Bruce, found and chief executive of Purplebricks, is stepping down after a torrid year for the company. COO Vic Darvey is stepping into the breach. That means we’ve seen the poor performance recently claim 3 CEOs [...]
Hello Fresh reports soaring customer numbers in first quarter May 7, 2019 Meal delivery service Hello Fresh saw active customers jump 32.2 per cent, boosting revenue to more than €400m. Revenue was up 42.1 per cent from €295.6m in the first quarter of 2018 to 420.1 this year, while Ebitda fell 20.2 per cent to €21.7m. Read more: Hello Fresh revenues soar as it draws up recipe [...]
London Underground staff to stage three-day Tube strike over FA Cup final weekend May 2, 2019 London Underground staff are preparing to stage a three-day strike over the weekend of the FA cup final over safety concerns. Engineering and maintenance members of the Rail, Maritime and Transport Workers Union (RMT) at depots across Greater London have voted to not book on for any shifts between 17 May to 20 May over cuts [...]
Wikileaks founder Julian Assange given 50 weeks in prison for skipping bail May 1, 2019 Julian Assange was this morning sentenced to 50 weeks in prison for breaching bail by hiding out in the Ecuadorian embassy for seven years. Read more: MPs urge government to extradite Julian Assange to Sweden The Wikileaks founder entered the embassy in 2012, when facing an extradition order to Sweden over allegations of attempted rape. [...]
DEBATE: Should we be concerned about our freedoms as the UK is placed fourth in the Nanny State Index? May 1, 2019 Should we be concerned about our freedoms as the UK is placed fourth in the Nanny State Index? Alex Deane, a Conservative commentator, says YES. The Institute of Economic Affairs is right to criticise the UK by ranking it as one of the least free countries in terms of excessive regulation of alcohol, food, and tobacco. [...]
£100K pot – who will benefit? April 30, 2019 Probably the best gift anyone in finance (and a wide range of other fields) could give themselves right now is a chance to start to get their head around the coming disruption from Blockchain/ distributed ledger technology (DLT). Then they can ride the wave – rather than be engulfed by it. But what if you [...]
Londoners are bolstering the latest fintech generation April 30, 2019 Have you ever thought about the role of Londoners in guaranteeing the UK as the fintech capital of the world? Our capital is currently hosting UK Fintech Week, an opportunity to showcase and celebrate the businesses transforming our best export: financial services. On Crowdcube, the crowdfunding platform I work for, there are now over 67,000 [...]
Can Just Eat deliver the City what it wants? April 29, 2019 On Wednesday morning most eyes in the City will be on Mike Coupe, the Sainsbury’s chief executive battling to keep his job. In the firm’s Holborn HQ the grocery veteran will set out his Plan B after the UK competition watchdog crushed his dreams of a merger with Asda. Read more: Shortsellers increase bets against [...]