But Kanji remains optimistic that the UK’s strongest start-ups will weather the storm. “The upper echelon of these start-ups is still competitive – people still bid up on these things,” he says. “As long as there’s one other person who thinks there’s something big and is willing to pay up, prices […]
Day: June 28, 2020
Liverpool’s overdue title offers ailing brands four ways to score
Next, monopolies never last. The Premier League had started to look like a comfortable cartel, with the title swapped from Manchester United, to Manchester City, to Chelsea, with the occasional detour to Arsenal. Leicester crashed the party once, but that was a fluke. Like all oligopolies, success reinforced itself. More […]
Are there two sides of the SoftBank ledger?
In Tokyo, Son was quickly forced on to the defensive, insisting that SoftBank was not “SoftPunku” – punctured by its bad experiences. But after a string of blow-ups, is there really another side to its ledger? “The situation with Wirecard came as a shock to the whole market,” says Rolf […]
Please, no bailouts, as a tsunami of bad debt sweeps in from lockdown
Yet with some exceptions, landlords are not treating this hiatus as rent forgiveness. Many instead plan to recoup the money due when the rent suspension comes to an end. Having sat there for three months with little or no revenue coming in, leaseholders are not going to take that kind […]
Church Commissioners will be praying for retail recovery
On Friday, the Metrocentre’s owner Intu failed to agree payment waivers with its lenders, plunging it into a deep crisis. It leaves the church, which still owns 10pc of the Metrocentre, facing potential losses, and throws a spotlight on the rest of its commercial property holdings. With assets stretching from […]
Donald Trump could block OneWeb sale over national security concerns
The business, based in London’s White City, carries out its manufacturing in Florida. OneWeb is developing a low-Earth orbit satellite constellation designed to provide broadband signals across the world. It has launched 74 satellites so far, but eventually aims to have thousands. Ms Strauss said the sale could be reviewed […]