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      The items included in the consumer price inflation (CPI) basket of goods and services tend to reflect Britons’ typical shopping list and favourite feel-good purchases.

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Media

  • Editor’s notes: Hammond falls down the cracks between politics and policy, the bigger threats to the media than Rupert Murdoch and why the UK needs a new army of trade negotiators

    March 10, 2017

    There are plenty of people willing to defend the chancellor’s controversial raid on the self-employed, not least the chancellor himself who was out and about yesterday claiming that the government faced “some new challenges” and that it has “to pay for these things somehow”. As opposition to the move grows on his own backbenches, he [...]

  • Hit Makers by Derek Thompson: Read this book if you want to learn how to write

    March 9, 2017

    I have a confession to make: I don’t like reading books about consumer culture. I often find the subject slight, the writing bland and the overall effort insubstantial. But I read Hit Makers by Derek Thompson. Thompson, a senior editor at The Atlantic, is a distinct voice in liberal American journalism, and Hit Makers, his [...]

  • “Microinfluencers” could hold the key for marketers when trust in media is thin

    March 9, 2017

    Trust is the currency of the Internet. At a time when trust in media is thin on the ground there is one group of publishers who are followed by many for their authenticity. No wonder brands are now interested in “microinfluencers”.   Early each year, communications agency Edelman issues its “Trust Barometer”. It measures public [...]

  • WPP chief executive Sir Martin Sorrell’s share scheme pay falls more than 30 per cent (to £42m)

    March 9, 2017

    Sir Martin Sorrell, the FTSE 100’s best-paid chief executive, raked in £42m from WPP’s long-term incentive scheme last year, it emerged today. The £41.56m is a reduction on £63m Sorrell made from the LEAP share scheme last year, meaning his overall package for the year is likely to reduce from 2015’s £70m to around £50m. [...]

  • Newspaper industry calls for “urgent investigation” into Facebook, Google and fake news

    March 9, 2017

    The newspaper industry has today cranked up the pressure of Google and Facebook, calling for an “urgent investigation” into their impact on the media landscape and fake news. The News Media Association (NMA) wants broadcast regulator Ofcom and/ or the Competition and Markets Authority (CMA) to examine the “Google-Facebook duopoly”. In its submission to a [...]

  • Former culture secretary John Whittingdale sees no problem with 21st Century Fox-Sky deal (but would refer it to Ofcom)

    March 8, 2017

    Former culture secretary John Whittingdale has said he does not have a problem with 21st Century Fox’s Sky takeover and believes Channel 4 could thrive if sold off by the government. Whittingdale, who held the position until last year, was speaking at a time when his successor, Karen Bradley, is considering whether to refer Fox’s [...]

  • Rupert Murdoch’s 21st Century Fox tells government: Sky takeover is “in the interest of the UK”

    March 8, 2017

    Rupert Murdoch’s 21st Century Fox has written to the government setting out why its Sky takeover is “in the interest of the UK, its creative economy and its consumers”. Culture secretary Karen Bradley is currently considering whether to refer the £11.7bn deal to broadcasting regulator Ofcom. Read more: Murdoch Empire 2.0 or socialist witch-hunt? MPs [...]

  • BT must innovate to win over more football fans and justify its lavish £1.2bn outlay on Champions League rights

    March 7, 2017

    The business of football TV rights used to be relatively simple. There were rights to show live games, and rights to show highlights. For years, Sky dominated the live market, crushing a series of challengers with its financial fire-power and superior coverage. Highlights were often reserved for traditional free-to-air TV channels such as ITV and [...]

  • Murdoch Empire 2.0 or socialist witch-hunt? MPs debate Fox-Sky deal as culture secretary decides whether to refer bid to Ofcom

    March 6, 2017

    Rupert Murdoch’s 21st Century Fox is preparing to make its case to culture secretary Karen Bradley as she decides whether to submit the company’s takeover bid for Sky News to broadcast regulator Ofcom. Interested parties have until Wednesday afternoon to submit representations to Bradley. Read more: Government "minded" to scrutinise Fox takeover of Sky After [...]

  • BT says it has not overpaid after beating Sky to UEFA Champions League rights

    March 6, 2017

    BT has won the battle to secure the UK TV rights for European Champions League football for the next three years in a deal that will cost the telecoms giant £1.2bn and dismissed suggestions it has overpaid for them The deal, announced this morning, means BT will continue its coverage of Europe's premier club football competition until the [...]

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