BT completes £12.5bn EE deal today – and the sector’s M&A activity could be a good thing for consumers who want more from their providers January 29, 2016 So it’s finally official: BT now owns EE. The result is a telecoms market that looks very different this morning than yesterday, with BT gaining access to the one in three UK mobile users already on EE. Existing EE customers can expect to see some exciting offers over the coming months as BT tries to persuade them to [...]
Mayor of London Boris Johnson accused of “cover up” over Garden Bridge meeting January 29, 2016 The Mayor of London has been accused of misleading the London Assembly over the controversial Garden Bridge, amid claims he targeted Apple for corporate sponsorship before the scheme had even received backing. According to trade magazine Architects' Journal, which has been running a series of exposes on the matter, Boris Johnson and Garden Bridge designer Thomas Heatherwick travelled [...]
Facebook founder Mark Zuckerberg just made $6bn on share price surge, making him world’s sixth richest person January 29, 2016 Facebook investors will be patting themselves on the back after last night's share price surged more than 15.5 per cent, closing just shy of $110 per share. But there's one among them who is probably feeling most pleased with himself: creator and owner of 28.8 per cent of the social media company Mark Zuckerberg, whose stake [...]
Apple recalls plug adaptors over electrification fears January 29, 2016 Apple has issued a major recall of wall plug adapters used around the world, with the tech firm warning they could cause an electric shock. Plug adapters in Europe, Argentina, Australia, Brazil, New Zealand and South Korea, which were shipped with Mac and "certain" iOS devices between 2003 and 2015, have been recalled. "In very rare [...]
BT’s share price climbs as it completes EE deal – creating UK’s biggest telecoms firm – but Ofcom’s decision on Openreach yet to be made January 29, 2016 BT's share price climbed this morning as it completed its £12.5bn takeover of EE today, in a deal that makes it the biggest telecoms firm in the UK. The deal, which gives BT instant access to around one in three mobile phone customers in the UK, is expected to help pave the way for the [...]
Sky’s share price rises as James Murdoch named chairman (again) and broadcaster reports highest UK and Ireland growth in 10 years January 29, 2016 Rupert Murdoch's son James is to become chairman of Sky in April, as incumbent Nichols Ferguson steps down after 12 years on the board. Martin Gilbert has been appointed as deputy chairman, with Andrew Sukawaty taking over his former role as Sky's senior independent director. This is not Murdoch's first stint as chairman of the [...]
JKX Oil & Gas loses bid to prevent board being ousted as Proxima wins votes January 28, 2016 The board of JKX Oil & Gas has lost its bid to remain in place, with nine directors being ousted as a result. The Ukraine-based business, which is listed in London, had blocked two of its biggest shareholders from voting in today's meeting, called to discuss a bid approach made by Proxima as well as the [...]
Deutsche Bank boss John Cryan confirms board won’t get bonus for 2015 after lender posts first annual loss since 2008 January 28, 2016 Deutsche Bank boss John Cryan has confirmed that the lender's management board won't get bonus for 2015, after the company posted its first annual loss since 2008. This will be the first time the board has not received a boost to their pay packets in that time, Cryan said. The new boss of the lender, which revealed a [...]
More south London schools have been evacuated after receiving a bomb threat – and they are in Merton again January 28, 2016 Three London schools have had a bomb threat made against them this morning. Ursuline High School, a Roman Catholic girls' school in Wimbledon, Merton, was evacuated this morning after the school received a threatening call. "We have had a bomb threat at the school this morning," the school said. "All students have been safely evacuated to the [...]
Can fintech survive when interest rates rise? This is what will happen to those models when it does… January 28, 2016 NULL
