Money United Kingdom: green light from the regulator when Amazon enters Deliveroo
Labour steps up pressure on Ofcom to review licence of RT to broadcast in UK
Shadow culture secretary Jo Stevens said she wants Ofcom ‘to look at the role’ of the Russian news outlet.The move comes after Labour’s shadow culture secretary Jo Stevens wrote to regulator Ofcom in the wake of the Commons Intelligence and Security Committee (ISC) report into the role of the Russian state in UK politics.
The British authority Competition announced on Tuesday that it had given the green light to the entry of the American giant Amazon into the capital of the meal delivery platform Deliveroo, believing that the operation would not penalize the consumer.
The British competition authority announced on Tuesday that it had given the green light to the entry of the American giant Amazon into the capital of the meal delivery platform Deliveroo, believing that the operation would not penalize the consumer.
Fleetwood Mac blues guitarist Peter Green dies at 73
LONDON (AP) — Peter Green, the dexterous blues guitarist who led the first incarnation of Fleetwood Mac in a career shortened by psychedelic drugs and mental illness, has died. He was 73. The law firm, Swan Turton, announced the death in a statement Saturday. It said he died “peacefully in his sleep.″ A further statement will be provided in the coming days. Green, to some listeners, was the best of the British blues guitarists of the 1960s. B.B. King once said Green “has the sweetest tone I ever heard. He was the only one who gave me the cold sweats.”Green also made a mark as a composer, with “Albatross,” and as a songwriter, with “Oh Well” and “Black Magic Woman.
The CMA (Competition and Markets Authority) launched an in-depth investigation into this operation in December, which provides for a 16% stake in Amazon and is fueling speculation about its ambitions in this booming market.
This is the end of a long regulatory soap opera since the regulator had provisionally validated the operation in April under pressure from the coronavirus and in order to allow Deliveroo to survive the crisis.
The CMA subsequently resumed its investigations, once the platform benefited from a stronger-than-expected resumption of its activity, which therefore led to this final green light, according to a press release.`
quick subscription: Amazon Prime will soon be more expensive for students
Amazon's conditions for using Amazon Prime Student will become stricter by July 30. Therefore, interested parties should complete the subscription as quickly as possible. © Provided by Finanz.net GmbH Andrew Burton / Getty Images Use Amazon Prime Student free of charge for as long as possible The online mail order company Amazon has been offering Amazon Prime Student for some time.
development The regulator initially feared that the project would impoverish competition in the market, since it could have dissuaded Amazon from launching its own service, for example.
But he concluded that an investment of 16% of the capital did not involve such risks and would therefore not have any negative consequences for consumers. However, the CMA warns that if Amazon increases its stake, it may have to investigate again. Deliveroo announced last year the operation which provides for a total fundraising of 575 million dollars from Amazon and investment funds.
This money should enable it to finance its development in view of ever-increasing demand. Amazon had tried the meal delivery bet in 2016 before closing it two years later.
Deliveroo, headquartered in London, employs 2,500 people worldwide. The company works with 80,000 restaurants in 500 cities across 13 countries and has 60,000 delivery people, recognizable by the towering green backpacks they carry while cycling the streets.
"This is fantastic news for our UK customers and restaurants, for the UK economy," said Deliveroo in reaction to the CMA announcement.
The meal delivery sector is booming, with the recent merger in Europe between the British Just Eat and the Dutch Takeaway.com, or the takeover in the United States of Postmates by Uber, which already has Uber Eats .
United Kingdom: real estate boom in July, London shunned .
© Supplied by La Tribune This surge was notably driven by an "exodus" from the capital which resulted in a fall in prices in London (-2% ). UK recorded a 'post-containment mini real estate boom' in July with the most sales agreements signed in more than a decade, totaling £ 37bn, according to the Rightmove ad site .