B2B Engagement

Supermarket booze prices could rise

Alcohol sold in supermarkets should be taxed at a higher rate than drink sold in pubs, a think tank has suggested. A “pub relief” would make drinking at home less affordable and support the pub sector, according to the Social Market Foundation (SMF). The Institute of Alcohol Studies (IAS), which commissioned the research, said it […]

Amazon Fire TVs to be sold by Currys PC World

Fire TV-branded 4K TV sets will be sold on the UK high street by Currys PC World, it has been revealed. The sets, made by manufacturer JVC, will be powered by Amazon’s smart TV software. They will start at £349 and will also be available to buy online, on Amazon’s own website. One industry commentator […]

Thomas Cook to sell majority stake to China’s Fosun

Troubled travel firm Thomas Cook says it has agreed a rescue deal with investor Fosun Tourism, its banks and a majority of its bondholders. The UK tour operator said in July it was working to secure new investment from Fosun, a major shareholder. The new deal would see the Chinese group take control of the […]

Hasbro to buy Peppa Pig Owner Entertainment One for $4bn

US toy maker Hasbro will acquire Peppa Pig owner Entertainment One for around £3.3bn ($4bn), the firms said in a statement. Hasbro said the deal would expand its entertainment and “family-oriented storytelling” portfolio. UK-listed Entertainment One owns other preschool titles including PJ Masks. The deal is the latest in a string of foreign acquisitions of […]

Vaping company attracts fresh funding despite new lawsuits

Investors have pumped another $325m into e-cigarette market leader maker Juul Labs despite growing health concerns and fresh legal action. The money will help finance the US firm’s global growth at a time of greater regulatory scrutiny at home. Juul, 35%-owned by Marlboro maker Altria, has been accused of targeting its vaping devices at children, […]

TED BAKER DUMPS DEBENHAMS FOR NEXT ON CHILDREN’S CLOTHING

Ted Baker is ending its partnership to sell children’s clothing through Debenhams and is switching to Next. It has signed a five-year deal with Next, who will “create and sell” Ted Baker-branded clothes, shoes and accessories for babies and children. The news comes just months after Debenhams, which has sold Ted Baker’s children’s line for […]

Ofcom to fine tech firms for harmful videos

The government is considering giving powers to fine video-sharing apps and websites to the UK’s media regulator. The proposal would see Ofcom able to impose multi-million pound fines if it judges the platforms have failed to prevent youngsters seeing pornography, violence and other harmful material. The regulator would take charge of the matter from 19 […]

Just Eat agrees to combine with Takeaway.com in £8.2 billion deal

Just Eat has agreed a deal in principle to combine with Dutch rival Takeaway.com to form one of the world’s largest food delivery firms. The joint group would be valued at about £8.2bn, and bring together businesses that process 360 million annual orders worth €7.3bn (£6.6bn). Just Eat is considered by analysts to have a […]

Legoland owner agrees £4.8bn deal to buy Merlin Entertainments

In the words of the film, everything appears to be ‘awesome’ in the world of Lego as it expands its empire by snapping up Legoland and Madame Tussauds owner Merlin Entertainments The Danish billionaire family that controls the Lego toy firm, with other investors, is paying £4.8bn for Merlin. Kirkbi Invest says it has the […]

Facebook and eBay told by CMA to take action over fake reviews

The regulator found 26 Facebook groups where people offered to write fake reviews to order. Facebook and eBay have been ordered to take urgent action to stop fake online reviews that are increasingly being used by companies to deceive customers. The Competition and Markets Authority said it had found “troubling evidence” of a thriving marketplace for […]