CMA must investigate the online advertising market, government report states February 11, 2019 The online advertising market must face a probe by the competition watchdog amid concerns tech giants are putting the future of quality journalism at risk, a major government report has found. In its findings published today, the Cairncross Review called on the Competition and Markets Authority (CMA) to investigate the online advertising market to ensure [...]
Construction output drops sharply in December against ‘grim’ industry backdrop February 11, 2019 Construction output has dropped sharply in December in an industry “stripped of confidence and momentum”. According to the latest Office for National Statistics (ONS) figures, output fell 2.8 per cent month-on-month in December, driving a longer-term stagnation of 0.3 per cent in the final quarter. Read more: Eurozone construction sector endures 'sluggish' start to the [...]
Activist investor Cat Rock turns up the heat after calling on Just Eat to start merger talks February 11, 2019 One of Just Eat’s major shareholders has urged the takeaway giant to start merger discussions with a "well-run industry peer" today, following the recent departure of boss Peter Plumb. Cat Rock Capital Management, which owns a 1.7 per cent stake in Just Eat, said that a tie-up for the online food delivery firm "would be a [...]
City Moves for 11 February – who’s switching jobs at Quickbooks, Trowers & Hamlins and Just Eat? February 11, 2019 Today's City Moves cover Quickbooks, Trowers & Hamlins and Just Eat. Take a look at these movers and shakers. Quickbooks Intuit, the makers of Quickbooks, the world’s number one online accounting software, announced the appointment of Chris Evans as vice-president and UK country manager. Chris, part of the Intuit UK team for eight years, steps [...]
“It was eat, sleep, work, run, repeat”: Susannah Gill on how she broke the World Marathon Challenge world record February 10, 2019 Many people have caught the running bug, but few to the same extent as Susannah Gill. Ten years ago Gill was a novice preparing for her first London Marathon. Fast-forward to last Thursday and she was crossing the finish line in Miami to complete a remarkable feat of endurance. Gill’s 26.2 miles in Florida was [...]
Kamikaze Brexiteers may end up in a hell of their own making February 8, 2019 Hell hath no fury like a Brexiteer scorned. From the backlash this week, you would have thought that European Council president Donald Tusk had suggested that the EU get custody of the Queen in the Brexit divorce. “I’ve been wondering what that special place in hell looks like, for those who promoted Brexit, without even a [...]
Fitness advice: There’s more to getting fit than losing weight – it’s a psychological journey with myriad benefits February 6, 2019 We’re all bombarded with fitness articles and adverts at this time of year. Gyms do a huge portion of their annual recruitment during January, when we’re all feeling fragile and fat after the excesses of the holiday season. But the big gym chains will have already started to notice a drop-off in attendance. Despite all [...]
Food giant Delivery Hero enjoys revenue rise thanks to order growth February 6, 2019 German food delivery firm Delivery Hero has posted a huge rise in revenues for 2018 thanks to an increase in orders and expansion into new markets. Revenues including Germany grew 65 per cent to €792m (£817m), ahead of previous forecasts of between €780m and €785m, while fourth quarter sales soared 75 per cent to €248m. [...]
Weekly Grill: Launceston Place head chef Ben Murphy on creating simple, no-nonsense food, and vegans who eat butter and cream February 5, 2019 Who are you and what do you do? My name is Ben Murphy and I’m 28 years old. I’m head chef at Launceston Place in Kensington and I’ve been cooking professionally for eight years now. Cooking has always been a personal passion, so being paid to do what I love is a bonus. What’s new [...]
Banking on diversification February 1, 2019 With a number of headwinds facing markets in 2019, it can be hard to see the wood for the trees. Alex Crooke, Fund Manager of The Bankers Investment Trust, explains how his team approaches the complexities of global stock markets. As we start 2019 there are plenty of reasons for investors to be cautious, as [...]