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09 Feb 2021 | 07:21

Tuesday newspaper round-up: Napster, border controls, Notonthehighstreet

(Sharecast News) - Britain's tough new lockdown measures have dented consumer confidence and reduced spending to levels not seen since last spring, according to two separate surveys. Both the British Retail Consortium and Barclaycard said spending in January was at its weakest since May as booming online activity failed to compensate fully for the closure of stores. - Guardian Napster is to make its debut on the London stock market later this month, marking the first time the music streaming pioneer has had its own public listing in a chequered 22-year history. Napster, which will start trading on the Alternative Investment Market from 26 February, is listing in London as a result of the company's $70m (£53m) reverse takeover by a British music tech startup last summer. - Guardian

Consultants netted £17m from the Government's border controls last year, as ports were forced to prepare for the end of the Brexit transition period. Over eighty payments were made to six consultants last year for work with either the Border Delivery Group, the committee responsible for plans, or for other related contracts, HMRC data shows. - Telegraph

Notonthehighstreet has been bought by Great Hill Partners, an American investment firm. The online gifts retailer, which sells personalised gifts such as books, jewellery and toys, has reaped the benefits of a boom in online shopping during the pandemic. Over the past year, company revenues have risen by more than 50 per cent as the business attracted almost a million new customers and brought on 500 new small business partners. - The Times
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