Curve follows Series C with crowdfunding round to pursue global expansion May 11, 2021 London fintech Curve has launched a new crowdfunding campaign five months after closing its £72.5m Series C round. Founded in 2015, the company allows users to consolidate all their credit and debit cards into one smart card and app and now boasts more than 2m customers. Its Crowdcube campaign is set to go live later [...]
City Pub group hammered by 57 per cent plunge in revenue May 11, 2021 Hammered by restrictions, the City Pub group raked in £25.8 million in revenue last year, 57 per cent less than 2019 figures, despite buying a hefty stake in Kensington Park Hotel. The group, which has 45 pubs across London, Southern England and Wales, snapped up a 49 per cent stake in the hotel in the [...]
Apple hit with £1.5bn UK lawsuit over ‘excessive’ app store charges May 11, 2021 Apple is being sued for £1.5bn in a landmark UK class action lawsuit that accuses the tech giant of charging “excessive and unlawful” fees on its App Store. The claim, which has been filed in the Competition Appeal Tribunal in London, alleges that Apple deliberately shuts out competition by forcing consumers to use its own [...]
Record label Believe follows Universal with €2bn listing plan May 10, 2021 French record label Believe is gearing up for a €2bn (£1.7bn) stock market float as the music industry looks to cash in on a streaming-induced boom. The startup, which offers distribution services to help artists get discovered on platforms such as Spotifty and Apple Music, is hoping to raise €500m through a listing on the [...]
GDPR is three years old this month – has it really disrupted the business of data? May 9, 2021 We all remember it: the onslaught of emails from every newsletter we had ever signed up to asking us to confirm we were happy to stay in their database. The introduction of the General Data Protection Regulation three years ago threatened to cause ruptures in the way we dealt with our information. It can seem [...]
Wall Street opens higher after lacklustre jobs data May 7, 2021 Wall Street opened higher this afternoon, powered by gains for major tech stocks after new data showed US jobs growth fell well short of expectations. The Dow Jones opened 0.2 per cent higher, while the S&P 500 and Nasdaq were up more than 0.3 per cent and 0.7 per cent respectively. Highly valued tech stocks [...]
Screenshot: Is Trump’s Facebook ban too hot to handle? May 7, 2021 This week **Media Moment of the Week: Brits love bent coppers **Is Trump’s Facebook ban too hot to handle? **ITV’s Summer of Love (Island) Media Moment of the Week: Brits love bent coppers Ok, so you might not have been the biggest fan of the Line of Duty season finale on Sunday. In fact, you [...]
FTSE 100 ends the day on a high while Dow hits new record May 5, 2021 Heavyweight mining stocks pushed the FTSE 100 higher today while Wall Street opened higher on strong jobs data as the Dow Jones hit a record high. The blue-chip index closed 1.68 per cent higher, buoyed by chemicals group Croda’s shares soaring towards the top of the index after it announced a business review assessment. The [...]
Drinking around the world: Tasmania is a winemaker to watch May 5, 2021 You have probably never considered stocking up on wine from either Swansea or St Helens. Both are on Tasmania’s Great Eastern Wine Trail, one of four in Australia’s island state. Tassie, the “Apple Isle”, is also home to the Tamar Valley wine road, the East Coast route and the Cradle Coast region, which boasts Ghost [...]
FTSE ends day with slump as Wall Street’s Nasdaq plunges nearly three per cent May 4, 2021 The FTSE 100 slipped back below the 7,000 point mark by the market close, despite a strong start to the week’s trading after the Bank Holiday weekend. The blue-chip FTSE 100 index fell 0.67 per cent by the end of the day, with banking stocks, including HSBC Holdings, Barclays and Standard Chartered posing the biggest drag on [...]