It may be part of the famous British sense of humour, or a clever marketing ploy by the developers, but Londoners like to use nicknames when referring to some of the buildings and landmarks that form part of their city. Brokers remain sceptical of its break out to the US, with Zeus Capital predicting the US business will lose £23.3m next year and Investec estimating losses of £18.1m over the same period. Away from the US, the group is expected to report strong progress last year. Market consensus points to full-year sales of £43m, up from £18.6m in the previous year, while losses are set to narrow to £8.2m, down from £10.4m.
Outstanding graduates with a degree in any subject can join our Business Management Programme, which comprises of four six-month placements within your chosen business area. You might work in Programme Management, Commercial, Purchasing/Procurement, Sales & Marketing or Head Office functions – and you could do it at a number of sites across the UK.
No doubt Snap wanted to avoid the first-day-of-trading snafus Facebook experienced in 2012, when it went public under the auspices of the Nasdaq exchange. The first-week, mechanical mix-ups in Facebook’s IPO offset some of the joys of Facebook finally becoming a public company. Snap elected to list with the New York Stock Exchange.