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      ‘Scale is survival’: UK broadcasters race to merge as streaming giants squeeze revenues

      Studios revenue rose three per cent to £893m, driven by an 11 per cent jump in external sales to streaming platforms.

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Politics

  • Pay boost for 2m workers as Hunt to confirm living wage rises to £11 an hour

    October 2, 2023

    Workers could see their pay packets feel heavier as Jeremy Hunt is set to announce a rise in the national living wage to at least £11 an hour.

  • Brexit not end of the City, Badenoch to insist

    October 2, 2023

    Brexit is not the end of the City of London, Kemi Badenoch is expected to say in a speech at Conservative Party conference. Business and trade secretary Badenoch is set to rail against critics “relentlessly wanting to talk down our country” and will claim: “Our political opponents are obsessed with viewing every problem as Brexit.” [...]

  • Normal service resumed? CBI boss tells corporate Britain she’s turned the page on scandal

    October 2, 2023

    Rain Newton-Smith is well respected in the City but scandals and questions over its long-term utility have left the CBI in a pinch

  • Tory candidate Susan Hall says ‘I’ll be first female Labour mayor’ in gaffe

    October 1, 2023

    Susan Hall promised to be the first “female Labour mayor” of London in a slip of the tongue at the Conservative Party Conference. The Tory candidate gave an upbeat speech about her chances of defeating Sadiq Khan in next year’s election, but ended her remarks with a gaffe. She said: “In 213 days’ time, [Khan] [...]

  • Investing in women could boost UK economy by £250bn, MP to say

    October 1, 2023

    Investing in women at the same rate as men could create £250bn in new value for the UK economy, Harriett Baldwin is set to say. The former City minister and now chair of the Treasury select committee will tell the WVC:E summit that inequality between investment in men and women is unacceptable. Baldwin is expected [...]

  • Aukus: Government signs £4bn deals to develop ‘hunter-killer’ submarines

    October 1, 2023

    The Defence Secretary has announced £4bn of contracts with British firms for the “hunter-killer” submarine programme.

  • Sunak insists UK is not a ‘laughing stock’ as he fails to rule on HS2’s future

    October 1, 2023

    Rishi Sunak has insisted the UK is not a “laughing stock” as he failed to announce a decision on whether HS2 will ever reach Manchester.

  • US Congress averts government shutdown, passing stopgap bill

    October 1, 2023

    The US Congress has managed to avert a government shutdown after it passed a stopgap funding bill late on Saturday, which received overwhelming Democratic support.

  • Putin orders former Wagner figure to command volunteer units in Ukraine

    September 29, 2023

    Russian President Vladimir Putin has ordered one of the top commanders of the Wagner military contractor to take charge of “volunteer units” fighting in Ukraine. The move signals the Kremlin’s intention to keep using the mercenaries after the death of their chief, Yevgeny Prigozhin. In remarks released by the Kremlin, Mr Putin told Andrei Troshev [...]

  • City of London elects new Lord Mayor: US scientist and economist Alderman Michael Mainelli

    September 29, 2023

    The City of London Corporation has elected the 695th Lord Mayor as Alderman Michael Mainelli. Mainelli will take over the year-long role as the figurehead for the Square Mile, currently held by Nicholas Lyons, on Friday 10 November. The Lord Mayor-elect, 64, is a scientist, economist, and accountant, known for being chairman of Z/Yen. Born [...]

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