Mark Kleinman: Every Lidl helps a new era of supermarket mergers Business Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Every Lidl helps a new era of supermarket mergers Every Lidl helps. For that matter, every Aldi does too. With apologies to the creators of Tesco’s famous advertising slogan, that might be the neatest way to encapsulate [...]
BT launches AI cyber defence service as UK faces growing attack threat Telecoms BT is stepping up its efforts to tackle AI-powered cyber attacks through its partnership with Microsoft, as British businesses face mounting pressure to shield themselves against increasingly sophisticated threats. The telecoms giant is seeking to capitalise on growing demand for outsourced cyber security, as companies struggle to keep pace with attacks that are becoming faster [...]
VodafoneThree raises cost-cutting target to £1bn after merger Tech Vodafone has hiked its UK cost-saving target to £1bn a year as the telecoms giant looks to boost profits following its merger with Three. The FTSE 100 company said on Thursday it now expects VodafoneThree to deliver £1bn in annual savings by 2032, up from its previous target of £700m by 2030. The upgraded target [...]
How Talktalk went from taking on BT to being rescued by it October 5, 2026 TalkTalk was founded to take on BT, slash the price of broadband and shake up a market dominated by a handful of incumbents. But more than two decades later, the challenger has ended up in the arms of the company it was built to challenge. BT stepped in on Monday to buy Talktalk and its [...]
Virgin Media takes aim at ‘stitch up’ BT rescue of Talktalk October 5, 2026 Virgin Media has hit out at BT’s rescue of Talktalk as a “stitch up”, warning the deal could further strengthen its rival’s grip on Britain’s broadband market. BT agreed on Monday to acquire debt-laden Talktalk and its wholesale arm PlatformX Communications out of administration, safeguarding services for 1.5 million retail customers and one million wholesale [...]
Government intervenes as BT inks deal to rescue embattled Talktalk October 5, 2026 Broadband giant BT has agreed to snap up embattled telecommunications firm Talktalk in a move that has prompted the government to weigh in. The FTSE 100 group said on Monday it had acquired Talktalk and its wholesale arm PlatformX Communications (PXC) out of administration on a debt-free basis. The deal, for an undisclosed sum, is [...]
San Francisco tech firm expands London footprint with new City office September 30, 2026 US design software group Figma has expanded its London headquarters as it looks to double down on its growth in Britain, where firms created more than 15 million files on its platform over the past year. The New York listed tech firm has moved into an office at Elder Yard in Norton Foldgate, near Liverpool [...]
Openreach eyes further fibre discounts after Ofcom blocks price cut September 28, 2026 Openreach is considering further targeted fibre discounts over the next five years after Ofcom blocked its most aggressive attempt to cut wholesale prices, the BT-owned network told City AM. The broadband giant said it remained open to competition in different parts of the country after the regulator approved a separate £50 rebate for new full-fibre [...]
‘Resilience or reliance’ – Tech chiefs urge Burnham to spend £20bn on ‘sovereign AI’ September 28, 2026 British tech bosses have called on the government to commit more than £20bn to sovereign AI infrastructure, warning the UK risks becoming dependent on foreign technology in one of the most important industries of the coming decades. Senior figures from BT, Telefónica Tech, Leonardo, HPE, Kainos and Sopra Steria are among the signatories to an [...]
BT Openreach told to pull ‘unfair’ broadband discount July 28, 2026 Ofcom has moved to block a heavily discounted Openreach broadband offer after warning it could squeeze rival fibre networks out of the market, in the regulator’s first attempt to stop a commercial deal from BT’s network arm. The telecoms watchdog said Openreach’s proposed discount for internet providers signing up new full-fibre customers was “not fair [...]