Ah…..
Arena TV is understood to have borrowed about £300 million from asset-based lenders Fine place to get money from if you’ve got an asset heavy business to run. an auditor, acting for one of Arena TV’s...
View ArticleToday’s business idea
A word of warning before you go toy shopping this Christmas: beware the rapping cactus. The toy, marketed as educational, may teach your children more than you want them to know, as a woman in...
View ArticleIdiot, idiot, analysis
A more worrying problem for Mercuriadis may come from a souring regulatory environment for music streaming on either side of the Atlantic. Last Friday Kevin Brennan, the Labour MP and culture committee...
View ArticleJeez
Weird to see this sorta thing from the Telegraph: It’s a somewhat simplistic argument but nonetheless compelling. Activists are disruptive, often destabilising forces, but is it a stretch, as...
View ArticleHow Excellent
In Victorian-era Britain, politics and policy took decades to catch up with the Industrial Revolution. While politicians were focusing on landlords and tenants, the new changemakers were focusing on...
View ArticleWell, you can always ask of course
Trade unions are urging Lloyds Bank to become by far the biggest employer yet to introduce a four-day working week without cutting salaries. The bank has been asked to make the move as part of annual...
View ArticleSeriously Purplebricks? I mean really
Purplebricks only told auditors that it was facing a multi-million pound liability for bungled paperwork on the same day that it was questioned about the issue by The Telegraph, it can be revealed....
View ArticleFisker and his electric car
Thought this had already gone bust once but perhaps that’s my memory. What this definitely is is a puff piece: Supercar legend Henrik Fisker has designs on a cheaper electric revolution Aston Martin...
View Article51% does mean control after all
Arm was bought by Japan’s SoftBank for £24bn in 2016. It set up a joint venture in China in 2018 with state-backed Hopu Investments, which has 51pc of the company, and appointed Mr Wu, a company...
View ArticleInteresting assertion
The future for both Morrisons and Asda is particularly bleak after both succumbed to debt-fuelled takeovers during the pandemic. Stretching a company’s balance sheet with high-cost debt rarely makes it...
View ArticleIf enough people think this way then they’ll stop
One of Britain’s best known investors has attacked Unilever for its “ludicrous” focus on sustainability, in a sign of growing City frustration at blue chip companies championing fashionable causes....
View ArticleJust a little observation
So, Unilever etc. Gaspingly large consumer products company. One of the brands is Persil. Which has been on sale in my local supermarket for 3 years now. It is always – and I do mean always – 40 to 60%...
View ArticlePiercing the corporate veil
It’s unlikely to work out well: The firms will be required to provide Ofcom with the name of a senior director who will be liable for criminal prosecution and jail sentences of up to two years if they...
View ArticleIs US 5G different from EU?
This puzzles: US airline chiefs have warned that the introduction of a new 5G service could cause US commerce to “grind to a halt” due to possibly grounding a significant number of aircraft and might...
View ArticleRather made up here
‘Significant evidence of fraud’ in Donald Trump’s business empire Well, yes and no. “We have uncovered significant evidence indicating that the Trump Organisation used fraudulent and misleading asset...
View ArticleOh Jeez, really, fuck off Bubba
All employers should give their staff time to work on their inner selves during office hours, the Duke of Sussex has said, as he advises fitting in 45-minutes of me-time every morning. Why should this...
View ArticleOh, well done there, well done
The $40bn (£30bn) US takeover of Arm Holdings, one of Britain’s biggest tech firms, has collapsed in the face of opposition from regulators. Authorities in the UK, US and EU raised concerns over its...
View ArticleLet Liberty Steel go bust
Worth reminding everyone of a basic here: About 3,000 jobs are at risk after HM Revenue & Customs filed a winding-up order against large parts of Sanjeev Gupta’s Liberty Steel. HMRC filed a...
View ArticleYou can see how the story will go here
Soaring electricity bills are undermining the efforts of the troubled metals tycoon Sanjeev Gupta to retain control of his British steel plants and save them from collapse. Industry sources said that...
View ArticleThere’s your problem there, Mrs.
But Hallos is always ebullient, no matter what she faces. She does this job not for the money, but for the love of it. “How lucky we are,” she says, in a broad Yorkshire accent. “It’s hard work. But we...
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