Times Radio poaches veteran BBC presenter John Pienaar February 17, 2020 Times Radio has hired veteran BBC journalist John Pienaar, marking the nascent radio station’s first major poach from the embattled public service broadcaster. Pienaar, who is currently deputy political editor of BBC News, today confirmed he will join Rupert Murdoch’s new venture as drive time presenter. Times Radio, which will launch later this year, is [...]
Conservative MPs blast Number 10’s BBC ‘vendetta’ February 17, 2020 Senior Tory MPs have blasted Number 10’s “vendetta” against the BBC, describing plans scrap the licence fee and push the broadcaster towards a new subscription model as “cultural vandalism”. Yesterday the Sunday Times reported plans were being readied to overhaul the BBC by forcing it to sell off the majority of its radio stations and [...]
Laura Ashley shares sink as £20m lifeline thrown into doubt February 17, 2020 Laura Ashley’s stock sank 41.54 per cent today after it warned its access to a £20m funding lifeline to keep it trading was in serious doubt. The retailer’s owner, Malaysian firm MUI Group, is now locked in discussions with lender Wells Fargo to secure enough cash to keep Laura Ashley trading. The asset-backed loan, agreed [...]
Monzo plans to relaunch paid-for accounts and hire another 500 staff February 17, 2020 British fintech darling Monzo plans to recruit another 500 people as it targets 5.5m users this year and bids again to turn those numbers into a profit. Monzo, which is valued at around £2bn, is set to relaunch paid-for accounts in the first quarter of 2020 after a failed introduction last year, when it reversed [...]
Fighting dirty: The most outrageous US election advertising hit jobs February 17, 2020 Earlier this month, millions of Americans were treated to six identical seconds of election advertising from two opposing political parties. “America demanded change,” booms a Don LaFontaine-esque Hollywood trailer-style voice over. “And change is what we got.” The clip featured first in Donald Trump’s Super Bowl re-election TV ad on 2 February, which touted the President’s [...]
Keep an eye on data: a chat with Duco’s founder about the future of fintech in Britain February 17, 2020 When asked to narrate their journeys from startup to scaleup, entrepreneurs tend to fall into two camps. There are those for whom the travails of growth are a badge of honour: no 20-hour day, unconquerable challenge or unfulfilled investment pledge has been forgotten. Others display an insouciance, as though turning a light-bulb moment into a [...]
City Moves for 17 February – Who’s switching jobs at Pilotlight, Wincanton and Raymond James? February 17, 2020 Today’s City Moves includes Pilotlight, Wincanton and Raymond James Pilotlight Pilotlight, the charity that connects the business and charitable worlds, has announced the appointment of Ed Mayo as its new chief executive. Ed is currently secretary-general of the business network Co-operatives UK, and has previously served as chief executive of the New Economics Foundation and [...]
The Democrats’ Bernie Sanders problem will lead to the re-election of Donald Trump February 17, 2020 The perpetual problem of the American left is that it wants to feel good, rather than do good. This tendency to suicidal virtue-signalling — damn the consequences — is glaringly apparent in the Democratic party’s full-blown Bernie Sanders problem, made real by his tie for first in Iowa, and his outright victory in last week’s [...]
Research parks can help turn the light-bulb moment of science into business success February 17, 2020 Based on 35 years of experience, I am a proponent of the idea that “place matters”. Businesses benefit from being located in an environment willing to share the risks involved in fostering entrepreneurship. That’s why the global research and science park movement has taken off. It is designed to support the clustering of enterprises to [...]
Tesla’s short-selling critics do not have to be rewarded to be right February 17, 2020 Short-selling, or shorting, is the act of betting against a company’s stock. If the share price goes down, the short-seller makes money. If the share price goes up, they lose it. It is the most rhetorical of investments. A short position is a statement of a belief: a minority opinion held against the will of [...]