Pharma C Investments values CBD trade show Product Earth at £3.68m November 7, 2021 Pharma C Investments, an early-stage investor and venture builder in the medical cannabis space, invests £275,000 into Product Earth, valuing it at at £3.68m.
JD Sports instructed to sell Footasylum after competition concerns November 4, 2021 The competition watchdog has instructed JD Sports to sell Footasylum. The Competition and Markets Authority said that the takeover could lead to a worse deal for Footasylum’s customers. As Footasylum would no longer face competition from JD Sports, customers would have fewer options and could face higher prices, fewer discounts, and less choice of products [...]
Ikea price rise warning as furniture giant hit by material costs November 3, 2021 Ikea’s owner has warned of spiralling profits and price hikes because of supply chain disruption. Higher raw material costs have contributed to the furniture giant forecasting its profits are set to fall for two successive years. Net profit in the year to the end of August fell 17 per cent to €1.4bn at Inter Ikea [...]
Next warns of sales slowdown while stock availability still ‘challenging’ November 3, 2021 Fashion retailer Next this morning warned it is anticipating a sales slowdown next quarter as pent-up post-lockdown demand eases. In a trading update, the clothing firm said its full price sales in the thirteen weeks to October 30 were up 17 per cent compared to pre-Covid levels. However, it warned its fourth quarter growth would [...]
Is Open Interest data pointing to an imminent Bitcoin sell-off? November 1, 2021 Open Interest in Bitcoin Futures is giving crypto analysts cause for concern as it closes in on its all-time high, leading to the possibility of a brutal correction.
Business Analyst: the most interesting job you’ve never heard of November 1, 2021 The job ‘business analyst’ might not sound that exciting, but, whilst it is demanding, it is one of the important and intellectually satisfying jobs in both the private and public sectors today. Business analysts are the thinkers who chart the path to a future that is both sustainable and profitable. They work alongside the most [...]
How do retail investors feel about returns from sustainable investing? November 1, 2021 We have all heard the story: sustainable funds are in high demand. By the middle of 2021, their assets had reached an unprecedented $2.3 trillion, mainly driven by continued growth in the European fund market (Source: Reuters). Net sales in the first half of 2021 had already overtaken those in 2020, which in turn were more [...]
Activist investor Cevian amps up pressure on Pearson, one year in to new CEO’s overhaul October 31, 2021 Activist investor Cevian Capital has built up its stake in the world’s largest education company Pearson, a year after new chief executive Andy Bird joined with a promise of a “new era” for the beleaguered group. The Swedish investor is now Pearson’s second largest shareholder, indicating it plans to heat up pressure on the publisher [...]
Ministers fear Bulb Energy collapse as energy crisis worsens – CityAM : CityAM October 29, 2021 Government ministers are increasingly fearful that Bulb Energy (Bulb) is on the brink of collapse and could cease trading as early as next week, according to Sky News. They are now accelerating contingency plans in case Bulb fails to find a rescue deal. The struggling energy firm has been working with US investment bank Lazard [...]
Focus on: Royal Docks – Royal Albert Wharf is a trendy new neighbourhood October 29, 2021 Stretching 4km along the northerly banks of the River Thames, the Royal Docks, in the London Borough of Newham, were originally built for importing and exporting goods during the Industrial Revolution. Closed in the 1980s, they have been undergoing a great deal of regeneration over the last decade, with a diverse array of residential, commercial [...]