Author: Sam Allcock

Sam Allcock is a seasoned entrepreneur and passionate storyteller with a keen eye for emerging trends and viral phenomena. With over a decade of experience in the business world, Sam has successfully launched several startups that blend innovation with creativity. At 88com.net, he brings his expertise in curating compelling content that captures the zeitgeist of our digital age. When he's not exploring the latest trends, Sam enjoys connecting with his audience and sharing insights that inspire and inform. Join him on a journey through the stories that are shaping our world today!

Fun88, a prominent online sports betting platform, has announced a major promotion for cricket enthusiasts during the T20 Women’s World Cup. Offering an impressive ₹75 Lakhs in free bets, the promotion is set to run from 3rd October to 20th October, providing bettors across India with an opportunity to win substantial rewards throughout the tournament. The promotion will feature both daily prizes and larger “mega” prizes for those placing bets on every match in the Women’s World Cup. It aims to enhance the excitement for cricket fans, turning each match into a chance to win significant rewards. Daily PrizesEach day…

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ENNOVI, a leading mobility electrification solutions provider, has unveiled a new battery cell contacting system aimed at manufacturers favouring the pouch cell form factor. The new product, named ENNOVI-CellConnect-Pouch, is designed to enhance cost-efficiency and streamline production processes in battery manufacturing, making it a competitive option for companies in the rapidly growing electric vehicle (EV) sector. The ENNOVI-CellConnect-Pouch system prioritises faster manufacturing cycles, aided by innovative hot lamination technology, and includes features that facilitate the quick release of gases during a thermal event. This innovation is set to improve the safety and production speed of battery packs, making it a…

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Weird Fish reports a significant rise in profits for 2023 despite a dip in revenue, signalling strategic growth.The clothing brand saw an 80% increase in EBITA, reaching £2.6 million, and a 14% rise in gross profit to £21.3 million.Revenue slightly decreased by 4% to £38 million, focusing on profitability with improved sell-through rates.Investments in marketing, both online and in-store, have led to higher average basket values.The brand plans to open five new stores in 2024 and aims for further expansion with enhanced product ranges.Weird Fish, a well-known UK lifestyle brand, revealed that despite a slight decrease in revenue, it experienced…

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A significant rescue deal has saved over 2,000 jobs at TGI Fridays in the UK.51 TGI Fridays restaurants will remain open under new ownership after administration.Despite the deal, 35 restaurants will close, resulting in 1,000 job losses.Julie McEwan expresses optimism for TGI Fridays’ future despite recent challenges.Breal Capital and Calveton have acquired the brand, aiming for modernisation and growth.Over 2,000 jobs have been preserved at TGI Fridays UK following a rescue deal that ensures the continuity of 51 restaurants across the nation. This development comes after the business faced administration, a challenging event for the casual dining sector.The rescue deal…

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Banks to Bear the Brunt of New Fraud Compensation Rules Starting on October 7, UK banks will be legally required to compensate victims of authorized push payment (APP) fraud with a maximum reimbursement of £85,000. This new regulation is seen as a significant financial burden for banks, raising concerns about the division of responsibility for online fraud in the digital age. APP fraud, a scam in which victims are tricked into transferring money to criminals, has been increasing alongside the rise of online payments and social media use. The £85,000 cap, while steep, is actually lower than the £415,000 originally…

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The Very Group is undergoing strategic changes as it considers a potential sale.The company plans to appoint Barclays, JP Morgan, and Morgan Stanley for a strategic review.Speculation suggests a sale could end the Barclay family’s ownership of the ecommerce firm.The business is expected to be valued at around £2.5bn, a drop from a previous £4bn valuation.Carlyle and Abu Dhabi-based IMI are among the lenders involved in potential refinancing.The Very Group, a noted ecommerce entity, is poised for significant strategic shifts as it prepares to appoint Barclays, JP Morgan, and Morgan Stanley to oversee a comprehensive review. This move is anticipated…

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The Growing Movement to Combat Smartphone Pressure A rising number of UK parents are banding together under the Smartphone Free Childhood (SFC) movement, pledging to withhold smartphones from their children until they turn 14. In response to growing concerns over the impact of smartphone use on children’s wellbeing, the movement offers parents a sense of solidarity against peer pressure, with more than 37,000 parents representing 56,000 children signing up. Parents are using this pact as a way to strengthen their resolve in holding off on giving their children smartphones, especially in a landscape where nearly 89% of 12-year-olds in the…

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Despite remarkable retail sales at Harrods and Selfridges, Fiskars UK, the company behind Wedgwood, has experienced financial setbacks. The company’s profits have plummeted in the past year.Fiskars UK reported a £1.4m pre-tax loss in 2023, contrasting with an £11.5m profit in 2022, largely influenced by economic challenges.The turnover of Fiskars UK decreased from £33.7m to £29.5m, highlighting the financial difficulties faced by the company.Significant marketing collaborations and organisational changes were undertaken in an effort to attract a new audience and improve financial stability.There is a positive outlook on recovery with improved sales in stores like Harrods and Selfridges, alongside developments…

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Dramatic Greening of Antarctica’s Icy Terrain New research has revealed that parts of Antarctica, long known for its barren, ice-covered landscape, are turning green at an unprecedented rate due to extreme warming events. Scientists have identified a striking increase in plant life, primarily mosses, across the Antarctic Peninsula, sparking concerns about the transformation of one of the coldest regions on Earth. The study, conducted by researchers from the universities of Exeter and Hertfordshire in collaboration with the British Antarctic Survey, shows how climate change is reshaping even the most remote and inhospitable areas. Using satellite imagery and data, the team…

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Jo Whitfield’s departure marks a notable change at Matalan within just 18 months.Whitfield exits to pursue a portfolio career amidst retail leadership shifts.Her leadership saw significant progress in Matalan’s turnaround strategy.A strategic reshuffling and value re-establishment were key achievements.Matalan’s search for a new CEO has already commenced.Jo Whitfield’s exit from her role as chief executive at Matalan after a mere 18 months signifies a significant leadership transition for the fashion retailer. Her decision to leave the position was reportedly to pursue a portfolio career, a move that aligns with similar shifts within the industry, notably at John Lewis Partnership where…

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