“Full throttle for Deliveroo” screamed the Sunday Times Business headline just before the IPO. “Online giant defies critics as investors pile into £8bn float” But within days it all turned to tears. Was it timing? Was the valuation too high? Did labour issues discourage investors? Were the firm’s entry barriers perceived as being too low?…
Category: The Economy
The ‘economic emergency has only just begun’, Rishi Sunak said on November 25 as he announced forecasts that show the UK economy contracting 11.3% this year and the deficit reaching almost £400 billion. Armageddon’ outta here Unusually The Spectator put the knife into its former editor, Boris Johnson in its November 28 issue. It points…