Telegraph and Spectator to be put up for sale as bank takes over parent firm Barclay family The Telegraph newspapers and Spectator magazine are set to be put up for sale after their parent organisation was forced into receivership due to unpaid debts. The firm’s holding company B.UK, owned by the billionaire Barclay family, was placed into receivership by the Bank of Scotland after the firm failed to strike a deal on [...]
BBC announce Dame Elan Closs Stephens as acting chair after Richard Sharp’s exit BBC Dame Elan Closs Stephens has been appointed acting chairwoman of the BBC following Richard Sharp’s departure. Mr Sharp resigned after publication of a report which found he broke the rules by failing to disclose that he played a role in getting then-prime minister Boris Johnson an £800,000 loan guarantee. The Government announced on Friday that [...]
Watch: US President Joe Biden, 80, falls over after a speech Joe Biden US President Joe Biden fell over after giving a speech thanking US air force academy graduates for choosing “service over self”. He said they now have the “great privilege” of leading in a world that will only get more confusing in the years to come, and then stumbled on stage after handing out diplomas to graduates. “Graduates, [...]
Phillip Schofield: I have ‘lost everything’ after the affair June 2, 2023 Phillip Schofield said he has “lost everything” in the wake of his affair with a younger male colleague and told of a “catastrophic effect” on his mind. The former This Morning presenter, 61, said the fallout from the revelations had been “relentless” and urged the media to leave his former lover “alone now”. Speaking to [...]
Netflix, no chill as streaming giant starts password sharing crackdown: ‘An account is for use by one household ONLY’ May 24, 2023 Netflix has begun its crackdown on UK and US subscribers who are sharing their password with people who live outside of their household, in a bid to stop account sharing. The streaming giant said a Netflix account was “for use by one household” and those wanting to share accounts “with someone who doesn’t live with [...]
Altice ups stake in BT – but ‘does not intend’ to launch takeover bid May 23, 2023 Altice, the French telecoms firm, will up its stake in BT to 24.5 per cent, but it “does not intend” to make a takeover bid. The group owned by billionaire Patrick Drahi is BT’s largest shareholder, and said that it will acquire a further 650m shares, increasing its ownership to 2.5bn. It comes just a [...]
Vice Media files for US bankruptcy protection ahead of sale May 15, 2023 Media company Vice has filed for bankruptcy protection in the US after bosses struggled to find a buyer for the innovative news firm. The Chapter 11 filing at a court in New York is setting the stage for the company’s creditors to take control over the business. It marks a fall from grace for the [...]
Royal Mail delivery target failures to be investigated by Ofcom – and a fine could be dished out May 15, 2023 Regulator Ofcom said it has launched an investigation into Royal Mail’s failure to meet its delivery targets in the past year – and could hand out a fine. The British delivery firm fell short of its performance targets across the 2022 to 2023 financial year for first and second class mail and deliveries. Some 73.7 [...]
M&G calls bosses back into the office – and they can’t be TWaTs about it May 14, 2023 Investment firm M&G has called on its managers to get back in the office for three days a week in a bid to boost the morale and development of its junior staff - but they won't be allowed to simply swan in on Tuesdays, Wednesdays and Thursdays.
Elon Musk announces successor as Twitter chief – and that it’s now called X Corp May 12, 2023 Elon Musk said that he has found a new CEO for Twitter, or X Corp, as it is now called. He did not initially name the person but said she will be starting in about six weeks when the announcement was made on Thursday. On Friday he took to the site to say the new [...]