Deliveroo, Just Eat Takeaway, Delivery Hero, and Doordash lose nearly £16bn over seven years May 29, 2024 Europe and the US's top online food delivery companies have lost over $20bn (£15.6bn) in operating losses over the past seven years.
Election leaves litigation funding Bill in limbo. What’s next for the multi-billion pound industry? May 29, 2024 After a huge push from the funding industry to introduce a new law on litigation funding, the PM called on a snap election which now puts it into limbo
Oaknorth: London looking ‘less attractive’ than peers as listing destination May 29, 2024 The boss of Oaknorth has said London’s public markets are looking “less attractive” than their international peers in a signal of the bank's thinking as it plans for a potential IPO.
MI5 warns of threats from Russia and China in general election May 28, 2024 MPs have warned of possible foreign interference from China, Russia, North Korea and Iran during the upcoming general election.
Debt headache as just a quarter of execs have experience of higher interest rates May 28, 2024 "For many of the people tasked with tackling higher interest costs, this is a new challenge," Nick Forest, a partner at the firm said.
Natwest resolves ‘glitch’ that left thousands of customers unable to access accounts May 28, 2024 Thousands of Natwest customers were left unable to access its mobile app and online banking services for roughly four hours on Tuesday morning, triggering a flurry of complaints on social media.
Sorted: Chief who oversaw tech firm’s sale for just £66.73 steps down May 28, 2024 The chief executive of delivery tech platform Sorted who oversaw its sale for just £66.73 earlier this year has stepped down.
Intermediate Capital: Shares hit all-time high as asset manager’s profit more than doubles May 28, 2024 Asset manager Intermediate Capital has raised its dividend for the 14th year in a row on the back of bumper annual earnings.
Met to deploy 80 detectives over Post Office scandal May 27, 2024 The Metropolitan Police is set to deploy 80 detectives to investigate the Post Office Horizon IT scandal, despite expectations that any criminal prosecutions on the incident could take years to come in.
Dr Martens set for plunge in profit as US business stumbles May 26, 2024 Bootmaker Dr Martens is expected to post tumbling profit and revenue amid weakness in the US, its biggest market.