Page 32 - Tim Steiner News Today

Edge Investments raised £85m, with its Create the Future fund aiming for a £100m final close. The fund will support firms contributing to the creative economy

The appalling history of botched demutualisation makes the proposed disposal of LV to private equity barons Bain Capital unattractive.

The appalling history of botched demutualisation makes the proposed disposal of LV to private equity barons Bain Capital unattractive.

The fancy crop of advisors who brought THG to market, should havedone more to ensure founder chairman Matt Moulding (pictured with wife Jodie) was better informed on the ways of public companies.

The fancy crop of advisors who brought THG to market, should havedone more to ensure founder chairman Matt Moulding (pictured with wife Jodie) was better informed on the ways of public companies.

A new report by the High Pay Centre has revealed that the top ten earning FTSE 100 CEOs took home £89.5m between them in 2020.

There are strong indications Deliveroo is planning to respond to the threat posed by ultra-fast delivery businesses

Marks & Spencer will become first big retailer to launch same-day nationwide clothing deliveries that would be quicker than Asos or Next Marks & Spencer is set to become the first big retailer in Britain to launch same-day clothing nationwide deliveries  Deliveries would reportedly be faster than its rivals Asos and Next Shoppers could get school uniforms, dresses and lingerie ordered online and delivered last-minute 

Tencent is not an unknown in the UK. It has won influence through education donations and the funding of chairs at Britains top universities including Oxford, Cambridge and Edinburgh. This may be among the reasons the buyer is confident that its purchase will not need to be scrutinised under the terms of the recently passed UK Investment & Securities Act. It also has powerful support in the investment community. Tencent became the biggest holding of Baillie Giffords Scottish Mortgage Investment...

However, analysts said the firm had ‘struck gold’ with a partnership with Auchan Retail, which owns Spain’s Alcampo, that could be expanded to other countries. And although shoppers are cutting down how much they buy on Ocado’s online platform as lockdown restrictions ease, Steiner said the pandemic has resulted in a permanent change to the groceries sector. The firm still has more than 1m customers on its waiting list. Steiner said: ‘As we head towards a post Covid-19 future, it is i...