Jeremy Corbyn is deluded if he thinks Labour is remotely ready for an election October 17, 2019 When Jeremy Corbyn told Labour members last week that “we’re ready and chomping at the bit for an election”, one can only assume that he was using the royal we. With the exception of the leader, it’s hard to find anyone in Labour who believes that the party is anywhere near ready for an election [...]
What does Britain need? More robots October 17, 2019 On Monday, the Queen’s Speech set out the government’s legislative plans, starting with tackling all things Brexit, before laying out a radical programme to shake the country out of its current torpor. Leaving aside whether any of this legislative programme manages to get through parliament, I would argue that one of the most critical issues [...]
City Moves for 17 October – Who’s switching jobs at Lasalle, Infracapital and Natixis? October 17, 2019 Today’s City Moves includes Lasalle, Infracapital and Natixis Lasalle Lasalle Investment Management has appointed Richard Craddock as managing director of its whole loans division, which launched earlier this year with €600m (£517m) of initial commitments and invests in whole loans across western Europe, with an initial focus on France, Benelux, Iberia, and Ireland. Richard has [...]
Facebook suffers drop in brand value as consumer trust slides October 17, 2019 Facebook has suffered a second successive annual decline in its brand value as the social media firm faces a backlash over data use and its faltering move into digital currency. The Silicon Valley giant has dropped out of the top 10 rankings of the world’s most valuable brands, suffering a decline of almost 12 per [...]
AI marketing sector attracts $2.5bn of investment in 2018 October 17, 2019 Artificial intelligence (AI) marketing companies bagged $2.5bn of investment last year as marketers turned to the new technology to help analyse huge troves of data. Last year’s investment surge has continued into 2019, with $1bn invested in the second quarter alone, according to figures compiled by tech investment firm GP Bullhound. Read more: Meet the [...]
O2 completes UK 5G rollout as it switches on network in six cities October 17, 2019 O2 has today switched on its 5G network in London and five other locations across the countries, completing the rollout of the new high-speed network for the major UK providers. Read more: BT Mobile rolls out 5G for consumer and business plans The new network will be available in London, Belfast, Cardiff, Edinburgh, Slough and [...]
Heathrow airport faces fresh calls to increase competition between airlines October 17, 2019 Heathrow airport has come under fresh pressure to increase competition between airlines, amid concerns over a monopoly by British Airways owner International Airlines Group (IAG). A survey has suggested 57 per cent of British travellers support more choice of airline at Heathrow, one day after the transport secretary backed calls for greater competition. Read more: [...]
UK companies cut marketing budgets for first time in seven years October 17, 2019 UK companies have cut their marketing budgets for the first time in seven years as ongoing uncertainty has forced bosses to keep a tight control over spending. A net balance of -0.5 per cent of companies reported a reduction in their marketing budgets in the third quarter, according to the Institute of Practitioners in Advertising’s [...]
Netflix shares rise as it beats profit expectations ahead of streaming wars October 16, 2019 Shares in Netflix rose as much as much as nine per cent in after-hours trading as the streaming giant’s third-quarter profit beat analysts’ forecasts. Netflix today reported net profit of $665m (£518.5m) in the three months to the end of September, up almost 40 per cent on the same period last year. Earnings per share [...]
That’s a rap: Hipgnosis lands Timbaland catalogue as it beefs up portfolio October 16, 2019 Music royalties investment firm Hipgnosis has bought the music catalogue of prolific US record producer Timbaland in its latest high-profile acquisition. Read more: Musical shares: Why Merck Mercuriadis believes the old ones are always the best The London-listed firm said it has secured the rights to 108 albums and songs belonging to Timothy Mosley, better [...]