Mark Kleinman: Why Barclays’ £1bn Telegraph bid won’t be the last word, Alison Rose’s next move and why no one wants to be chair of the BBC October 19, 2023 The must-read column from the man in the know, City Editor at Sky Mark Kleinman Barclays’s £1bn Telegraph bid not the last word Hold the front page: the Barclay family’s effort to lodge a knockout bid for The Daily Telegraph was timed like the arrival of a blockbuster newspaper story minutes before the final edition, [...]
Ladbible owner LBG expands in US market with $54m deal October 18, 2023 LBG Media, owner of popular digital entertainment channel Ladbible, has bought a US-based company for $54m as it expands its presence across the Atlantic.
Amazon to start drone delivery in the UK next year October 18, 2023 Amazon Prime's Air drove delivery service is set to expand into the UK in late 2024, the company confirmed today.
BT will sell fridges and subscriptions in push for more customers October 18, 2023 BT is branching out from its telco business into household appliances and a subscription service in a rebranding effort to accelerate customer growth.
No-shows at pubs, restaurants and bars double October 18, 2023 Pubs, bars and restaurants have seen the number of customer no-shows double over the past year, according to new figures. About one in eight reservations is not being honoured, with customers also not telling venues they need to cancel, research by industry experts from Zonal and CGA by NIQ has revealed. It comes amid a [...]
Royal Mail delivery disasters continue amid reports of delays and lost letters October 18, 2023 Ofcom could fine Royal Mail after it failed to deliver on postal targets across the whole of the UK this summer.
The Notebook: Neil Bennett reveals his simple solution to save London’s IPO market October 18, 2023 Where the City’s movers and shakers get a few things off their chest. Today, global co-CEO of H/Advisors Neil Bennett takes the pen It’s time to shed light on the real reason the IPO market is comatose in London and most of the world When I was a young financial reporter, sometime in the last [...]
P&G tops profit estimates on pricing boost, resilient demand October 18, 2023 Procter & Gamble (P&G) topped market expectations for quarterly sales and profit on Wednesday, benefiting from higher prices as well as steady demand for its personal care products and cleaning supplies. While P&G’s moves to consistently raise prices over the past several months have dented sales volumes with some cost-conscious shoppers turning to cheaper alternatives, [...]
‘Diversity makes good business sense’ says Bank of England’s Victoria Saporta October 18, 2023 Victoria Saporta wrote about her experience in central banking and regulation, and why diversity makes "good business sense".
Lloyd’s of London warns major cyber attack on payments could cost world $3.5 trillion October 18, 2023 A major cyber attack on a financial services payments system could cost trillions, Lloyd's has found, as demand for cyber insurance booms.