Deliveroo valued at £5bn ahead of flotation bid

Deliveroo raises new funds its says value business at more than £5bn, and confirms ‘potential’ stock market listing could be on cards By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 21:50 GMT, 16 January 2021 Takeaway delivery firm Deliveroo has raised new funds its says value the business … Read more Deliveroo valued at £5bn ahead of flotation bid

Juicy Couture owner poised to make final bid for Arcadia

Juicy Couture owner poised to make final bid for Sir Philip Green’s Arcadia business and will be among ‘six or seven’ companies to do so By Neil Craven, Financial Mail on Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 21:50 GMT, 16 January 2021 Juicy Couture owner Authentic Brands is poised to make a … Read more Juicy Couture owner poised to make final bid for Arcadia

Music chiefs warn over clampdown on streaming services

Music industry bosses to defend right to large chunk of revenues from streaming services such as Spotify amid threat of crackdown By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 21:50 GMT, 16 January 2021 Music industry bosses will this week defend their right to a large chunk of … Read more Music chiefs warn over clampdown on streaming services

Kitchenware entrepreneur mulls £100m-plus sale of business

Entrepreneur who started kitchenware chain from Gloucestershire cottage mulling £100m-plus sale of business after lockdown sales surge By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 21:50 GMT, 16 January 2021 An entrepreneur who started his kitchenware chain from a Gloucestershire cottage is mulling a £100million-plus sale of the … Read more Kitchenware entrepreneur mulls £100m-plus sale of business

Video-sharing app TikTok makes £88m loss in UK

Video-sharing app TikTok makes £88m loss in its first year in the UK By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 21:50 GMT, 16 January 2021 Video-sharing app TikTok made an £88 million loss in its first year in the UK.  The Chinese firm brought in sales of … Read more Video-sharing app TikTok makes £88m loss in UK

Ladbrokes’s owner poised to appoint its first female boss

Ladbrokes owner poised to appoint its first female boss as it fights off £8bn takeover attempt by MGM Resorts By Matt Oliver For The Daily Mail Published: 21:50 GMT, 15 January 2021 | Updated: 21:55 GMT, 15 January 2021 Ladbrokes’s owner is poised to appoint its first female boss as it fights off an £8billion … Read more Ladbrokes’s owner poised to appoint its first female boss

MARKET REPORT: Shares in Babcock plunge by one fifth

MARKET REPORT: Shares in Babcock plunge by almost one fifth as British defence giant warns it could be forced to write down value of its contracts By Matt Oliver For The Daily Mail Published: 21:50 GMT, 15 January 2021 | Updated: 21:51 GMT, 15 January 2021 Shares in Babcock plunged by almost one fifth yesterday … Read more MARKET REPORT: Shares in Babcock plunge by one fifth

Britishvolt in gigafactory tie-up with Siemens

Pioneering electric vehicle battery business Britishvolt moves quickly to secure high end tech provider for its Northumberland factory By Mark Shapland For The Daily Mail Published: 21:50 GMT, 15 January 2021 | Updated: 21:50 GMT, 15 January 2021 A pioneering British electric vehicle battery business has moved quickly to secure a high end tech provider … Read more Britishvolt in gigafactory tie-up with Siemens

£1.4tn package from Biden and Harris stokes inflation fears

Hey big spenders! £1.4tn package from Joe Biden and Kamala Harris stokes US inflation fears The interest yield on American 10-Year bonds climbed sharply to 1.138 per cent  At the core of the Biden package is a cheque for over £1,000 to be paid to every American household Biden’s far reaching package includes new funding … Read more £1.4tn package from Biden and Harris stokes inflation fears

SFO drops investigation into British American Tobacco

Serious Fraud Office drops investigation into British American Tobacco over allegations it bribed government officials in Africa By Daily Mail City & Finance Reporter Published: 21:50 GMT, 15 January 2021 | Updated: 21:50 GMT, 15 January 2021 The Serious Fraud Office has dropped its investigation into British American Tobacco (BAT) over allegations it bribed government … Read more SFO drops investigation into British American Tobacco