Shares in Deliveroo fell dropped 30% on the day of its London IPO, wiping about £2.3 billion off its value. Questions about the company’s business model and prospects in a competitive environment ruined its stock market debut. Deliveroo has yet to turn a profit, and some investors are concerned that the pandemic boom in food delivery will fade when ...

Kolkata Knight Riders and Delhi Capitals will square off withinside the first of the doubleheaders in IPL 2020 this week. Kolkata Knight Riders are withinside the fourth function and feature misplaced their remaining 3 encounters in opposition to Shreyas Iyers aspect. On the alternative hand, Delhi Capitals are on pinnacle of the desk with 14 factors and a win ...

Coronavirus pandemic changed how people work. Some government departments, private companies and public institutions are mandating that all workers who can, should work from home. For many, this is the first time they’ve worked from home. Fortunately, most workers started to embrace this work setup as it offers a lot of benefits like flexibility, convenience, and time saving. However, ...

Primark’s owner will repay £121 million in furlough money claimed under government job retention schemes and pay out a dividend to shareholders despite a slump in profits. Associated British Foods (ABF) said the decision comes despite stores remaining closed for most of the autumn and winter period, leading to revenues and profits plunging. Sales were down 17% to £6.3 ...

The rate of unemployment in the UK fell slightly to 4.9 per cent from December 2020 to February 2021, some 0.9 percentage points higher than the same time last year. Economists had predicted that the unemployment rate would edge up to 5.1 per cent as Britain spent the winter months in lockdown. “The latest figures suggest that the jobs ...

MunchFit, healthy food provider to luxury gym Equinox and elite studio Barry’s Bootcamp has closed £1.2m through a recent crowdfunding campaign via Crowdcube, after attracting substantial investor interest. Helping to accelerate training results by taking the guesswork out of what to eat, the upmarket goal-based meal service secured equity investment from 330 “Fitvestors” to take the business to the ...

New research finds that a quarter of small businesses think it is unlikely they will be in business beyond the end of the year as a result of the pandemic. The analysis, undertaken just after the Government announced its roadmap out of lockdown in March, looks to uncover how SMEs are feeling about business conditions and what this might ...

A new study has found a growing increase in the number of females taking on ‘trade jobs’ in the UK – a space usually dominated by males. The study which analysed the biggest trade jobs women are stepping into identified a rise in the number of women learning the trade younger. Results found there has been a 366% increase ...

Over two hundred London black cabs that have been mothballed in fields in Essex may need to find a new location after council rules they are an eye-sore. North London-based rental company GB Taxi Services has seen the occupation rate of its fleet of 100 black cabs plummet from 95% before the coronavirus pandemic to just 10%, despite halving ...

It may have been the setting for The Office, the ground-breaking television sitcom, but the business park was no laughing matter in the years leading up to the millennium. This was one of the hottest asset classes in the property sector in the 1980s and 1990s, making fortunes for savvy developers who were ahead of a change in workplace ...