Amazon brings in BT Sport for Premier League matchday coverage March 21, 2019 Amazon has hired BT Sport to produce its studio and live action matchday coverage for Premier League games next season. The tech giant last year revealed it had secured exclusive rights to livestream 20 matches per season, which will be available to its Prime customers. Read more: Disney closes $71bn takeover of 21st Century Fox But [...]
Challenger banks Oaknorth and Monzo team up to launch savings accounts March 21, 2019 Fintech banks Oaknorth and Monzo have launched a partnership that will allow Monzo users access to a high-interest savings account for the first time. The challenger bank tie-up will allow customers to open a range of savings accounts, with rates of up to 1.55 per cent, within minutes in the Monzo app. An easy-access cash [...]
Rolls-Royce boss Warren East to leave Dyson board as vacuum maker moves into electric car market March 21, 2019 Rolls-Royce chief executive Warren East is to step down from the board of Dyson, where he has served as a non-executive director for six years. Dyson this morning confirmed East would leave the board, meaning the vacuum cleaner manufacturer will be without one of the world’s foremost engineering business experts as it tries to move [...]
Tory Assembly member accuses Sadiq Khan of ‘tricking Londoners’ over housing targets March 21, 2019 A Conservative Assembly member has said Sadiq Khan's housing credibility is in "tatters" after he accused the mayor of double counting figures from previous years. Andrew Boff, a former mayoral candidate and Tories' housing spokesperson in the London Assembly, said Khan had failed to reach his housing target of 12,500 homes for the previous financial year because he had [...]
Creditors approve Giraffe and Ed’s Easy Diner CVA March 21, 2019 The operator of Giraffe and Ed’s Easy Diner has been given the green light for store closures today, as creditors voted through a major restructuring plan that puts hundreds of jobs at risk. Giraffe Concepts Limited, which gained the 75 per cent approval it needed from creditors in a vote this afternoon, is now set to [...]
Ford continues shift in focus towards tech by hiring former finance boss at Snap March 21, 2019 Ford has appointed the former CFO of social media giant Snap as its new finance boss, as part of a leadership overhaul. The second-biggest car manufacturer in the US said its chief financial officer Bob Shanks will retire at the end of 2019 to be replaced by Tim Stone, a 20-year veteran of Amazon and [...]
Theresa May told to change path on Brexit by industry and union leaders March 21, 2019 Theresa May has been told to find a new approach to Brexit by the Trades Union Congress (TUC) and the Confederation of British Industry (CBI), who have warned the shock of no deal to the economy “would be felt by generations to come”. A new Brexit deal that must be struck that “protects workers, the [...]
More than 1,000 EU firms sign up to maintain access to the City in a no-deal Brexit March 21, 2019 More than 1,000 EU firms have taken up the UK’s offer of continued access to the City in the event of a no-deal Brexit. The Financial Conduct Authority’s international director Nausicaa Delfas said the watchdog was “pleased” with the uptake and that fund managers representing thousands of funds had also signed up to the temporary [...]
House transactions edge up despite Brexit uncertainty denting Spring bounce March 21, 2019 Signs of growing activity in the UK housing market have emerged this morning, with new figures signalling a potential change in tune among buyers who have so far been holding off on deals in the run-up to Brexit. A modest rise in property transactions last month has industry experts noting that some buyers are choosing not [...]
No-deal Brexit would ‘significantly’ hurt the EU, Barclays chairman warns March 21, 2019 A no deal Brexit would "very significantly" hurt the EU, outgoing Barclays chairman John McFarlane warned. The bank's chairman, who will step down in May, also said a financial services deal would be struck between the UK and the EU whatever the outcome of Brexit. Read more: Bank of England holds interest rates amid Brexit deadlock [...]