Sainsbury’s half-year profit plunges 92 per cent November 7, 2019 Sainsbury’s has suffered a 92 per cent drop in half-year profit, as costs from store closures took a toll on the grocer’s balance sheet. Read more: Sainsbury’s former boss wants government to halve business rates and raise VAT The figures Statutory pre-tax profit fell from £107m last year to just £9m in the three months [...]
Visual effects firm DNEG confirms plans for £150m London listing October 22, 2019 Oscar award-winning visual effects firm DNEG has confirmed plans to list on the London Stock Exchange, saying it will seek to raise £150m from the float. The London-headquartered company said it intends to sell at least 25 per cent of new and existing shares in a bid to fast track its growth plans. Read more: [...]
Animation firm DNEG eyes £150m London listing October 15, 2019 Digital effects and animation company DNEG said today it was considering a London float to raise £150m. The London-based firm said it was weighing a main market listing with plans to sell £150m-worth of new shares and an offer of existing shares to be sold by current shareholders. DNEG has worked on films such as [...]
Equus at Trafalgar Studios review: A fresh take on this sexy, horse-blinding drama July 19, 2019 Everyone knows Equus as the play about the boy who gets off on riding horses. It follows Alan Strang, a 17-year-old trying to navigate his aberrant sexuality under the influence of his overbearing religious mother and disciplinarian socialist father. Martin Dysart is the psychiatrist tasked with treating him after he blinds six horses with a [...]
Pokemon Go creator Niantic buys London startup Sensible Object June 18, 2019 Pokemon Go developer Niantic has acquired London-based games studio Sensible Object for an undisclosed sum as it continues to expand its gaming platform. Read more: Pokemon Go creator Niantic valued at $4bn Sensible Object, which uses voice AI and augmented reality (AR) in its games, will continue life as Niantic London after the acquisition. Founder [...]
Hornby expects revenue to fall despite turnaround plan April 9, 2019 Model train-maker Hornby said today revenue for the year would be lower than the previous year due to issues with stock shortages. In a trading update for the year to 31 March it said that despite these “legacy issues”, its underlying margins have improved and reduction in overheads has continued. Read more: Hornby narrows losses [...]
Advertising Week Europe begins today, so let’s remember that the creative industries are the unsung heroes of the UK economy March 18, 2019 When people think about television, they probably think of the BBC and UK programmes with global appeal, like Downton Abbey and Killing Eve. And even in literature and film, British characters are at the top of any list of the most memorable and loved creations – from James Bond to Harry Potter. Past and present, [...]
Pokemon Go creator Niantic valued at $4bn after latest fundraise January 16, 2019 Niantic, the company behind the popular mobile game Pokemon Go, has been valued at nearly $4bn (£3.1bn) after raising $245m in a new round of financing. The series C funding round was led by IVP, which has previously backed the likes of Uber, Netflix, Dropbox and Slack. Additional investment came from Axiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV [...]
Drones, cybercrime, AR, and robots – the tech trends to watch out for in 2019 January 3, 2019 It is finally 2019, and I can’t wait to see what surprises the technology industry has in store for us. What should we keep our eyes peeled for over the next 12 months? To whet your appetite about the future, I asked the experts for their predictions for the top tech trends of this year. Devious [...]
The golden rule of the office Christmas party: don’t be that guy (or girl) December 7, 2018 The office Christmas party is a minefield. We know this because every year, about this time, an article appears telling you how the office Christmas party is a minefield. Sometimes it offers advice, although those tips are usually either spurious (“remember not to drink too much”) or hand-chewingly obvious (“now is not the time to [...]