Private Equity’s latest target: Morrisons goes Private
In light of private equity’s descent upon corporate Britain, Morrisons has been subject to a buyout bidding war by foreign private equity firms.
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July 29, 2021
A bigger bite of the Apple music: Music industry revenue sharing under fire
MPs have called for a “complete reset” of the music streaming industry to give a bigger share of revenue to artists.
July 27, 2021
Right to Repair rules change: Is this the end for the broken garden fridge?
New right to repair rules introduced on Thursday 1 July require manufacturers of consumer products to make spare parts available to buy.
July 24, 2021
Exponential Close: Lloyds to close more branches as banks go digital
Lloyds Banking Group is to close another 44 branches, blaming a lack of customers at such sites as people move to digital banking.
July 20, 2021
Opioid Crisis Crackdown: Johnson & Johnson to pay $230m to New York State
Johnson and Johnson (J&J) have agreed with the state of New York to pay $230m (£165m) to settle claims suggesting it helped fuel the opioid addiction crisis in New York.
July 17, 2021
Another Gap in the market: fashion chain Gap to close 19 stores
The US-owned fashion chain, Gap, has announced the closure of 19 stores in the UK and the Republic of Ireland, with a distribution centre in Rugby also at risk of shutting down.
July 10, 2021
Levelling the playing field: Proposals to tighten UK streaming regulation
The government has announced that there will be a review into the rules in relation to streaming giants in the UK, such as Netflix and Amazon Prime. This review may lead to more onerous content and audience protection standards being applicable to streaming services, such as approved age ratings and impartiality and accuracy reviews for documentaries.
July 4, 2021
Super-speed if sustainability standards succeed: United Airlines plans supersonic flights by 2029
Following the purchase of 15 Overture aircrafts, US airline United has revealed its plans to introduce supersonic passenger flights by 2029.
June 20, 2021
Before Colin v Cuthbert there was…
By now we have probably all heard of the Colin v Cuthbert debacle, but for the uninitiated, Marks & Spencer is suing Aldi for copying its famous caterpillar cake. While there may be legal merit in the facts of the case, people couldn’t help but see the lighter side of the story. With that in mind, we take a look back at some previous food industry rivalries.
June 15, 2021
Bouncing Back: Cineworld makes comeback with Peter Rabbit 2
Cineworld enjoyed a strong post-lockdown opening weekend, with thousands turning out to view its latest releases, most notably Peter Rabbit 2: The Runaway. This sparked hope of an imminent recovery for the company and the wider film industry.
June 13, 2021