Transferwise picks banks ahead of blockbuster IPO January 21, 2021 Transferwise has reportedly picked two of Wall Street’s biggest banks to lead its London listing this year. The payments unicorn has hired Goldman Sachs and Morgan Stanley as joint global coordinators for its IPO later this year, Sky News reported. Transferwise secured a $5bn valuation following a secondary share sale last summer, cementing its place [...]
No decline in Covid-19 infections in first days of lockdown January 21, 2021 Infection levels did not slow down, and may have risen instead, during the initial 10 days of the latest national lockdown, scientists tracking the spread of the virus have found. The research, carried out between 6 and 15 January, found one in 63 people were infected across England, and the infection was most prevalent in [...]
White Tiger review – a thrilling adaptation of the best-seller January 20, 2021 Netflix’s film output can be a mixed bag. The streaming giant sinks a lot of money into expensive, star driven vehicles that are average at best (see last year’s Rebecca, Hillbilly Elegy, and The Midnight Sky). However, it has also provided a platform for interesting stories that in ordinary times may have struggled for breathing [...]
Ex-Greene King boss raises £200m to invest in struggling pub companies January 19, 2021 The former boss of Greene King Rooney Anand has secured £200m in investment to pump into the UK’s struggling pubs sector. Anand, who stepped down as chief executive of Greene King in 2019 after 15 years with the chain, is planning to make a number of acquisitions in the coming months, Sky News reported. The [...]
Hong Kong Racing Tips: Old Lad Winston can get the Teetan show back on the road January 19, 2021 POPULAR light-weight jockey Karis Teetan has found it tough going in Hong Kong over the past couple of months. The ‘Mauritian Magician’ may still be lying third in the jockeys’ championship, but he is under threat from the likes of Alexis Badel and top seven-pound claimer Jerry Chau, who have been riding winners for fun [...]
Multiverse raises $44m to fuel apprenticeship scheme expansion January 19, 2021 A London startup founded by Tony Blair’s son has raised $44m (£32m) to help fuel expansion of its tech and leadership apprenticeship schemes. Multiverse, whose training programmes are billed as an alternative to traditional university education, has pursued rapid growth over the last year, tripling its number of apprentices to more than 2,000. The company [...]
Shares in Ladbrokes owner Entain plunge as MGM pulls takeover offer January 19, 2021 Shares in Ladbrokes owner Entain took a plunge today after MGM withdrew its takeover offer. The betting group, which also owns brands such as Coral, Bwin and Partypoker, had rejected an £8bn bid from MGM, saying it “significantly undervalues the company”. But casino giant MGM today said it would not submit a revised proposal and [...]
Travel South Africa through its top vineyards January 19, 2021 Like most people in the UK right now, I’m well overdue a holiday. Last year was the first I’ve not left the country in a very long time. The majority of the trips I take involve wine. Some of the most beautiful places I’ve travelled to have been wine growing regions. I can’t think of one [...]
London Metal Exchange to shut iconic trading ring January 19, 2021 It survived two world wars, the Spanish flu, and the numerous financial crises, but now the London Metal Exchange’s iconic open-outcry trading ring is set to close for good. Sky News reported that the trading ring, with its distinctive red circular sofa, would be shut as part of a review into modernising the LME. Since [...]
Deliveroo appoints Next boss Simon Wolfson to board January 19, 2021 Deliveroo has appointed Next chief executive Lord Simon Wolfson to its board as a non-executive director. Wolfson, who has led the high street fashion chain since 2001, took up the role this week. It comes as the food delivery platform gears up for what could be the largest initial public offering of the year. Deliveroo [...]