SSE rejects spin-off push from activists with £12.5bn renewables boost November 17, 2021 SSE will invest a further £12.5bn in green power over the next five years, after it rejected calls yesterday from activist investor Elliott Management to spin off its renewables arm. Elliott Management has been pushing SSE to separate its renewables business, since taking a stake in the operator in September. The UK energy firm will [...]
Daily Mail publisher DMGT announces leadership shakeup November 16, 2021 The chief executive of dmg media is stepping down after 25 years triggering a leadership shakeup. Kevin Beatty is stepping down as of today and DMGT has announced plans to hand over leadership to internal hires with experience at the company. Rich Caccappolo, the current chief operating officer of the Mail Online will take over [...]
Netflix renews contract to double the size of Shepperton Studios November 16, 2021 Netflix renews contract with the Pinewood Group for the use of Shepperton Studios that will double the size of its production space at the production facility. The Surrey-based facility is also set for a major expansion that will add almost 1 million square feet of new production space, with the overall studio set to comprise [...]
UK film industry booms as streaming giants’ demand for content grows November 16, 2021 The top 50 UK film and TV companies have seen their turnover rise by 15.4 per cent in the last year to £8.1bn, as streaming giants’ insatiable demand for content drives growth in UK studios.
Al-Jazeera says bureau chief has been detained by Sudanese forces November 14, 2021 Qatar-based satellite news network Al-Jazeera has said its bureau chief in Sudan was detained by security forces. The satellite television news network said on Twitter on Sunday that Sudanese forces raided the home of Al-Musallami al-Kabbashi. It comes a day after security forces fired live ammunition and tear gas to disperse protesters denouncing the military’s [...]
CEO of IWF warns a ‘tidal wave’ of child abuse material is flooding the internet November 13, 2021 The amount of child sexual abuse material being found online by expert analysts is fifteen times higher than a decade ago, according to Susie Hargreaves, the CEO of the Internet Watch Foundation (IWF). The boss of the online safety organisation said its analysts are facing a “tidal wave” of abuse material, as it called for [...]
Greece offers British Museum treasure exchange if Elgin Marbles are returned November 13, 2021 The Greek prime minister has issued a fresh call for the Parthenon Marbles to be returned to Greece, even offering to loan some of his country’s treasures to the British Museum in exchange. In an interview with The Daily Telegraph, Kyriakos Mitsotakis said the 2,500-year-old sculptures, also known as the Elgin Marbles, were “stolen” from [...]
Vice fashion editor suspended after sexual misconduct claims November 11, 2021 An editor at one of the UK’s biggest fashion magazines has been suspended after more than a dozen women accused him of sending sexually inappropriate messages.
Channel 4 on the verge of a new Great British Bake Off deal November 11, 2021 Channel 4 is on the cusp of signing a new multimillion-pound deal to keep The Great British Bake Off on our screens.
Assura to raise £190m after 58 per cent rise in profits November 11, 2021 Healthcare property investor Assura is continuing its portfolio expansion plans with a proposed £190m equity placing. The proceeds will fund the company’s short term property pipeline which includes £72m for on-site developments and £102m in acquisition opportunities. This follows the company reporting a 58 per cent increase in profit before tax in its interim results [...]