Netflix shows to remain on Sky after media firms ink new multi-year content deal January 19, 2020 Sky today said it has signed a new multi-year agreement with Netflix to keep the US streaming service’s programming on its pay-TV network. The two companies said the extended deal builds on a “successful partnership built over the past two years”, with Sky customers already able to access Netflix hits such as Sex Education through [...]
Labour leadership rivals clash over antisemitism January 18, 2020 Labour leadership candidate Jess Phillips appeared to criticise other candidates on their handling of antisemitism allegations within the party. As the five hopefuls went head to head in public for the first time, Phillips told the crowd in Liverpool that the party needed a leader who spoke out “when others were keeping quiet”. When questioned [...]
IMF warns growing inequality could cause a new financial crisis January 18, 2020 The head of the International Monetary Fund (IMF) has called on the world’s financial sector to address near-record levels of inequality within countries that could be a harbinger of a new financial crisis. IMF managing director Kristalina Georgieva issued a “call to action”, urging a shift to facilitate more lending to small and women-led businesses, [...]
Boeing reveals new software issue could further delay 737 Max return to service January 18, 2020 Boeing has revealed it is addressing a new software issue on the grounded 737 Mac which could further delay its return to service. The aircraft maker discovered an issue relating to its power-up monitoring function that verifies some system monitors are operating correctly, during a technical review in Iowa last weekend. “We are making necessary [...]
Morgan Stanley chief’s pay falls 7 per cent despite profit jump as bank reduces bonuses January 18, 2020 Morgan Stanley chief executive James Gorman received $27m (£20.75m) in total compensation for 2019, almost seven per cent less than the year before, according to a company filing on Friday. It comes following a reduction in bonuses for staff across the business. The board called Gorman’s performance “outstanding” and acknowledged the firm’s “strong financial performance”. [...]
UK will not automatically deport EU nationals after Brexit January 18, 2020 The UK will not automatically deport EU nationals who have not applied to stay in the country after Brexit, European Parliament Brexit coordinator Guy Verhofstadt said on Friday. Verhofstadt met with Brexit minister Stephen Barclay on Thursday and said he had been given assurances there would be a grace period for those who have not [...]
Chancellor Sajid Javid warns business ‘there will be no alignment’ with EU on regulations January 18, 2020 The Chancellor has warned businesses that “there will not be alignment” with the EU on regulations following Brexit. Sajid Javid said firms will have to “adjust” to new regulations. The automotive and pharmaceutical industries were among those that warned the government last year of the damage that not aligning with the EU could do. Javid [...]
Downing Street to hold light display to mark Brexit Day as Unions Jacks fly January 17, 2020 Downing Street has announced that it will hold a light display on 31 January to mark Britain leaving the European Union. As Prime Minister Boris Johnson addresses the nation that evening, the black bricks of his official residence will light up with the display, featuring a clock counting down to 11pm. Buildings around Whitehall will [...]
Chancellor’s Budget on 11 March – to tax or not to tax January 17, 2020 | City Talk Having inadvertently set a record by having a year without a Budget, the first time this has happened since the introduction of income tax, the Chancellor’s choice of Wednesday 11 March, rather than “February” as stated in the election campaign, gives the busy Treasury a little more time to work up the ideas that were [...]
How a growing procurement footprint can increase your tax footprint January 17, 2020 | City Talk Procurement functions are more connected to the business than ever before and impact almost every aspect of the organization. These connected procurement functions have already gained a voice in areas such as managing group demand, maintaining supplier relationships, overseeing raw material quality, and strategically sourcing goods and services. In recent years, there has been an [...]