Bauer Media acquires ten regional radio stations amid competition probe March 5, 2019 Bauer Media has snapped up a further ten regional radio stations as it faces a competition probe into its spate of acquisitions earlier in the year. The media giant today said it has bought UKRD Group, which owns stations across Yorkshire, East Anglia, the south and the south west of England. Read more: Bauer Media [...]
Vale fired inspector who refused to certify deadly dam just months before it collapsed, prosecutors allege March 5, 2019 Brazil’s Vale fired an inspector which failed its Brumadinho dam over safety concerns just months before the dam collapsed, likely killing hundreds, prosecutors have alleged. Over 300 people are dead or missing after the dam broke in the state of Minas Gerais earlier this year, unleashing a wave of mining waste. Read more: Brazil to decommission [...]
Harrods launches new luxury podcast amid editorial expansion March 5, 2019 Harrods has launched a new podcast about the meaning of luxury as it looks to win over high-end shoppers with its renewed focus on editorial formats. The six-episode series, hosted by journalist and broadcaster Mariella Frostrup, will host guests from the creative industries to discuss the “true meaning of modern luxury”. Read more: Harrods eyes online [...]
Competition regulator preparing to launch fresh court action against Viagogo March 5, 2019 Controversial ticket reseller Viagogo has been slapped with a fresh warning this afternoon from Britain’s competition regulator, which is threatening legal action in the wake of continued concerns over the firm’s practices. The Competition and Markets Authority (CMA) has said today that it is preparing to take Viagogo to court after saying that it is [...]
‘Department wrecking ball’: Chris Grayling refuses to resign over £33m Eurotunnel fiasco despite fresh pressure from MPs March 5, 2019 Embattled transport secretary Chris Grayling has been hit with fresh calls to resign in the wake of the no-deal ferry contract fiasco that resulted in a £33m payout to the Channel tunnel operator. Read more: Grayling accused of 'misleading' parliament over Brexit ferry contracts In an emergency debate in the Commons, shadow transport secretary Andy McDonald [...]
Financial Times buys majority stake in tech media firm The Next Web March 5, 2019 The Financial Times (FT) has bought a controlling stake in tech media firm The Next Web (TNW) in a bid to expand its events offering. The FT said the move will boost its presence in the European tech market and will create synergies with its existing events division FT Live. Read more: German prosecutors probe [...]
Superdry to cut jobs at head office amid £50m cost-cutting plan March 5, 2019 Under-pressure fashion group Superdry has confirmed today that it is to slash jobs at its head office as part of a major cost-cutting plan. More than 100 jobs are facing the axe, predominantly at the firm’s headquarters in Cheltenham, in the wake of the company's announcement late last year that it is looking to save [...]
Londoners face the biggest rise in council tax bills as rates set to rise from April March 5, 2019 Council tax bills across England are set to rise by an average of 4.5 per cent from April, with the steepest hike coming in London, new research suggests. From the start of the financial year in April, households across Britain will see an average increase of £75.60 in the yearly Band D council tax bill, [...]
WPP needs to revamp culture to attract the best people, says boss March 5, 2019 WPP must create a more open culture if it is to attract the best people in the industry, chief executive Mark Read said today. “WPP is really just about people at the end of the day,” he said at the Incorporated Society of British Advertisers (ISBA) conference this morning. Read more: Brands have ‘Netflix envy’, [...]
Counter terror police investigating explosive devices at Waterloo Station, Heathrow Airport and City Airport March 5, 2019 Counter terrorism police are investigating after explosive devices were found at Waterloo Station, Heathrow Airport and City Airport today. The Met Police counter terrorism command said it was treating the incidents as linked. Packages containing what police said were “small improvised explosive devices” arrived at the three locations this morning. The packages were A4-sized white [...]