Lycett's Shell Shakedown: 10 Things We Learned This Week

From the impact of toxic work culture to one comedian's concerns about Shell, this week has delivered its own fair share of lessons for investors

Ollie Smith 19 November, 2021 | 11:28AM
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Joe Lycett appears on the Graham Norton Show, 2019

The Days of #Deliveroops Might be Ending

Deliveroo’s IPO flop in the UK landed it with a smörgåsbord of negative headlines. From profitability to labour rights, the company had its work out to convince investors that its floatation was not, in fact, the most disappointing IPO in UK history. The fightback has clearly already begun, though. As James Gard explored in a video this week, Deliveroo is trading below its fair value. Resilient growth in the food delivery space, alongside several noteworthy projects, could be among the things that help it – at last – to turn a profit. Just make sure you know which dip you’re actually buying.

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Ollie Smith  is editor of Morningstar UK