Who are the billionaires battling for the Telegraph and Spectator? November 1, 2023 The auction for both the Telegraph Media Group (TMG) and Spectator is underway, drawing the attention of a host of eager bidders. But regulatory hurdles could thwart some potential suiters.
Ascential shares soar over 30 per cent on £1.4bn sell-off October 30, 2023 The FTSE 250 company is selling off its digital commerce and consumer research divisions to focus on its events business
Virgin Media O2 nears stake sale in towers business to GLIL October 28, 2023 Virgin Media O2 is in exclusive talks to sell a slice of its shareholding in Britain’s largest mobile tower network to GLIL Infrastructure, according to four sources familiar with the matter, in a deal that could value the business at about £2.5bn. GLIL, a partnership of British pension funds, has prevailed over other investment firms [...]
Dragons’ Den star Deborah Meaden: ‘Greenwashing businesses shouldn’t be forgiven’ October 28, 2023 Deborah Meaden, known for her appearances on Dragon's Den, says it is unforgivable for businesses to mislead with sustainability claims.
Boris Johnson ‘excited’ to join ranks of Nigel Farage on GB News October 27, 2023 Former UK Prime Minister Boris Johnson is set to join GB News Radio, the right-leaning news show that is often the subject of extensive criticism.
Musk’s one-year X reign: how shocking has it been? October 27, 2023 A year after Elon Musk's Twitter takeover, now 'X', the platform is still alive while rivals Mastodon and Threads are flailing behind.
Hipgnosis showdown as shareholders vote against board and oust chairman October 26, 2023 Hipgnosis shareholders have rocked the songs fund, with the majority voting against a continuation and to show the chairman the door.
Facebook-parent Meta beats revenue estimates on digital ad strength October 26, 2023 Meta beat expectations for third-quarter profit and revenue on Wednesday, helped a recovery in digital advertising spending.
WPP downgrades outlook as buyout rumours swirl October 26, 2023 WPP chief executive Mark Read believes the firm's "top-line performance in Q3 was below our expectations" and was "impacted by the cautious spending trends".
Bloomsbury weighs in for Christmas with double-digit profit growth October 26, 2023 This six month period was Bloomsbury's fourth consecutive double-digit growth period, with revenue up 11 per cent to £136.7 million and profit up 11 per cent to £17.7 million.