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Sky News
Facebook could be forced to sell GIF library Giphy by UK regulator
Facebook could be forced to sell GIF library Giphy after an investigation by the UK competition regulator found it could damage social media choice and the display advertising market.The Competition and Markets Authority (CMA) launched an in-depth investigation into the deal in April after raising a number of concerns. They included evidence that Giphy – …
Business
Business Live
Workplace wellbeing firm Ripple & Co launches new app to support post-lockdown growth
Business
Sky News
Sunak faces spending test ahead as economy still lags pre-COVID level
The chancellor does have cause for some tentative optimism.GDP figures for the second quarter of the year showed 4.8% growth in the economy, in line with what economists predicted. The longed-for COVID recovery is certainly underway and that should be good news to all of us.But the extent to which it’s “very strong” (to borrow …
Business
Sky News
Cineworld eyes new listing to attract US cash as debt passes $8bn
Cineworld says it is considering the ability to raise money on Wall Street through a stock market listing as it looks to recover from massive losses during the coronavirus crisis.The company, which is the second-largest cinema chain in the world behind AMC, said it was looking at the possibility of a group listing or an …
Business
Sky News
Boohoo to create 5,000 jobs as part of five-year investment plan
The online fashion retailer Boohoo has revealed plans to create 5,000 new jobs in the UK over the next five years.The company, which has enjoyed booming sales throughout the COVID-19 crisis but been forced to tackle workplace abuses within its UK supply chain, said its £500m investment reflected the need to meet growing demand. Its …
Business
Sky News
Economy grows by 4.8% in second quarter as post-lockdown reopening drives spending spree
The UK economy grew by 4.8% in the second quarter of the year, according to official figures charting the fightback from the last lockdowns imposed on households and businesses to tackle the coronavirus crisis.The data from the Office for National Statistics (ONS) had been expected to show a hit in the final month as June …
Business
Business Weekly
SolasCure unveils £15 million Series A raise
Cambridge biotech start-up SolasCure has completed a Series A investment round to support the development of its wound cleaning product, Aurase®. It raised £15 million with funding from industry veterans as well as institutional venture and strategic investors.  SolasCure is developing proprietary technology leveraging biomimicry and evidence-based medicine to empower health care professionals to treat …
Business
Evening Standard
We have a head start over rivals in rapid grocery delivery market, says Deliveroo founder Will Shu
Deliveroo‘s co-founder Will Shu believes his firm has a “head start” over rivals in the race to dominate the UK’s speedy grocery delivery market, which is seeing intensifying competition. The fast-growing sector has exploded in 2021, with the likes of Getir, Zapp and Weezy all vying alongside Deliveroo and Uber Eats to be Londoners‘ app …
Business
Sky News
US consumers facing rising prices blamed mainly on supply shortages
American consumers faced rising prices last month but the pace of that rise has slowed, according to official figures released on Wednesday.The US Department of Labor said that consumer prices were up 0.5% from June to July, compared with the previous monthly increase of 0.9%. Compared with the same time last year, however, they have …
Business
Sky News
Morrisons tells its 111,000 workers they can have Boxing Day off as reward for pandemic work
Morrisons has told its 111,000 workers they will have Boxing Day off as a reward for their hard work during the coronavirus pandemic.It will be the first time in living memory that the supermarket chain has closed its stores on 26 December. It comes after a difficult 18 months for the often-unsung people who have …
Business
Business Weekly
Forefront launch is abfab for Cambridge
Forefront RF, a Cambridge-based fabless semiconductor company, is set to change the way global smartphones, wearables and IoT Devices are designed.  The Forefront RF chip enables connected devices to operate across the increasingly wide range of 3G to 6G mobile telephony frequency bands.  Forefront RF’s cancellation technology redesigns the radio frequency (RF) system in a …
Business
Sky News
Lorry controls to avoid post-Brexit disruption in Dover to be used to manage future traffic issues
Lorry traffic controls introduced to avoid post-Brexit disruption around the Port of Dover in Kent are set to be used to manage future issues in the area.The Department for Transport has announced that the traffic reconfiguration on the M20, known as Operation Brock, will continue past its current 31 October deadline. It said the change, …

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