Dating app Bumble boosts size of its IPO offering February 8, 2021 Bumble has boosted the size of its IPO by nearly $2bn bringing its valuation to more than $7bn when it goes public. The dating app, which competes with rivals such as Tinder and Hinge, announced it was looking to raise as much as $1.8bn in its stock market debut. It plans to boost its share [...]
Rapid Covid-19 testing rolled out to businesses with more than 50 employees February 7, 2021 Workplace Covid testing is being offered to companies in England with more than 50 employees, for staff who cannot work from home during lockdown. Businesses with more than 50 employees are now able to access lateral flow tests, which can produce results in less than 30 minutes, according to reports. Officials said the move was [...]
Don’t let Covid spoil Valentine’s Day – bring the party home February 6, 2021 Usually the first busy night of the year for bars and restaurants, this Valentine’s Day promises to be a more subdued affair thanks to ongoing restrictions. But don’t let that spoil the romantic fun – here’s a list of some ways to bring the party to you on 14 February. Boisdale Valentine’s Night Dinner Kit [...]
How to host the perfect evening this Valentine’s day February 4, 2021 This will be the first year in over a decade I won’t be working in a restaurant this Valentine’s day. For hospitality professionals it’s the most dreaded day in the calendar for so many reasons – it’s the first busy day of the year, restaurant owners cram in as many tables of two as possible. [...]
Surprise your Valentine with a ‘virtual dating’ package February 3, 2021 How are you supposed to tell your one true love how you feel this Valentine’s Day when you’re not allowed to leave the house? The owners of The Umbrella Project, the team behind East London bars Discount Suit Company and The Sun Tavern, have come up with a novel solution. They are offering to deliver [...]
One restaurateur’s plea: How am I doing? How the f*** do you think I’m doing? January 20, 2021 How am I doing? How the f*** do you think I’m doing? At every turn I politely say “struggling on” or another platitude: “smiling on the outside, crying on the inside.” But let’s put this into perspective. Pied à Terre has been on Charlotte Street for almost 30 years, 28 of those with a Michelin star. Other [...]
Dating app Bumble files for US stock market float January 15, 2021 Dating app Bumble has filed for a US initial public offering, joining a host of major tech companies expected to go public this year. The app, which is backed by private equity giant Blackstone, registered for a float of up to $100m (£74m), though this is a placeholder amount and is expected to change. Previous [...]
Top-performing investment teams: 10 ingredients to their secret sauce September 8, 2020 What do top investment teams have in common? To answer this question, Focus Consulting Group (FCG) undertook research into the factors shared by high-performing investment teams. We developed a list of factors that contribute to fund performance, including: ‘Do you use quantitative filters?’ (to narrow your universe) and ‘Do you personally invest in your team’s [...]
N26 staff to form works council after bank fails to break up meeting August 14, 2020 Staff at N26 have made a major breakthrough in their efforts to form a trade union after the digital bank failed to break up a meeting of employees during a dramatic day of confrontation. N26 workers today confirmed they had met and selected an electoral board, which will now begin the process of organising an [...]
Coronavirus and stormy weather dampen high street sales March 6, 2020 High street sales slumped for the seventh February in a row last month as coronavirus fears and stormy weather hurt footfall. In-store like-for-like sales dropped 0.9 per cent last month from a base of minus 3.7 per cent in February 2019 as shoppers abandoned the high street amid mounting fears over the outbreak of Covid-19. [...]