BT strikes up a footy deal with BSkyB June 28, 2010 BT HAS finalised a deal with BSkyB to offer its subscribers top-flight football next season. The move, which means football fans can watch their teams on BT Vision for the first time, could rock Sky’s dominance of the pay TV market after decades controlling the lion’s share of subscribers. It follows a controversial Ofcom ruling [...]
Product placement rules are laid out June 28, 2010 OFCOM yesterday published a series of proposals for new rules to allow product placement on radio and TV. Ofcom says it plans to restrict the types of products that can be placed. Companies advertising gambling, tobacco, alcohol, baby milk and medicines will be banned from product placement, as will sellers of salty and sugary food. [...]
iPhone outsells the Apple iPad June 28, 2010 Apple’s iPhone 4 launch has been its most successful ever, shifting 1.7m units worldwide by Saturday, the company said. Sales of the touchscreen smartphone, which competes with devices from Nokia, Research In Motion and Motorola, surpassed some analysts’’ expectations, as well as those of Apple itself, which has been having trouble keeping up with demand. [...]
Software firm Zoo falls to loss June 28, 2010 THE Sheffield-based firm that supplies software to Hollywood film studios yesterday reported a loss despite a spike in revenue. Its revenue increased 33 per cent to $15.1m (£10.04m) but it still drooped to a pre-tax loss of $868,000, compared to a $380,000 profit the year before. Zoo specialises in software that allows movies to be [...]
Thinking more inclusively can boost business June 28, 2010 Every entrepreneur I have ever met, and that’s quite a few, has expressed on some level exasperation with the public for not getting what they are bringing to life. The best ones focus on educating their audiences; the ones who never breakthrough drivel in their exasperation. To some extent, they are right. A car is [...]
Cobham wins missile contract June 28, 2010 Defence technology group Cobham has been awarded a $17.4m contract from Raytheon Missile Systems for its Cobham Sensor Systems business to make microwave modules for use in ground-to-ground and air-to-ground missiles. Andy Humen, president of Cobham Sensor Systems, said: “This award is a further indication of the strong technical and business relationship that exists between [...]
Special projects win for Anglian June 28, 2010 Anglian Water has won a five-year special projects framework worth up to £90m from housebuilder Galliford Try’s water business in a joint venture with Imtech. The framework will include one-off large schemes such as biosolids treatment plants. Galliford Try chief executive Greg Fitzgerald said: “We are delighted to renew our longstanding relationship with Anglian Water, [...]
Theo Fennelllaunches into youth market June 28, 2010 BRITISH jeweller Theo Fennell – championed by celebrities like Elton John and Naomi Campbell – plans to launch a range of lower-price products to target younger customers, the firm said yesterday. The new range of silver jewellery, to be priced between £70 and £2,000, is part of the company’s turnaround plan. Theo Fennell made a [...]
CAPELLO TAKES OVER THE REINS AT LIBERTY June 28, 2010 A FORMER investment banker will be the new head of Liberty department store. Marco Capello leads the private equity team that yesterday finalised its £32m deal for the historic Regent Street store. BlueGem Capital Partners, run by former Merrill Lynch bankers, said it would “continue to revive this utterly unique British brand”. Capello said: “Liberty [...]
FSA lists new retail adviser standards June 28, 2010 THE FINANCIAL Services Authority (FSA) has finalised a list of requirements retail investment advisers will need to meet before they can operate under the new Retail Distribution Review (RDR). Within the next three years, the FSA has proposed that investment advisers will have to hold a statement of professional standing, which confirms that the adviser [...]