BBC unveils plan to double global audience to 1bn by 2030 January 15, 2020 The BBC today announced plans to double its global audience to reach 1bn people per week by the end of the decade. Director general Tony Hall today said the corporation aimed to build its global brand and expand its audience in a bid to pull in more revenue from outside the UK. “If we’re strong [...]
US recommends no jail time for flash crash trader January 15, 2020 US prosecutors have recommended that the British trader linked to the so-called flash crash in 2010 should not receive any additional jail time. Navinder Singh Sarao pleaded guilty to spoofing and wire fraud in 2016 for his role in the crash of 6 May 2010, when markets dropped five per cent in five minutes. But [...]
UK box office revenue tops £1.25bn as cinemas fend off streaming giants January 15, 2020 UK cinemas pulled in more than £1.25bn last year as film fans continue to flock to the big screen despite the growing popularity of streaming services. Cinema admissions exceeded 176m in 2019 as punters were drawn in by blockbuster hits such as Avengers: Endgame, The Lion King and Joker. It marks the third consecutive year [...]
UK ‘must not let fox into the hen house’ with Huawei decision January 15, 2020 Boris Johnson has been warned not to “let the fox into the hen house” by allowing Huawei to build the UK’s 5G network. Tom Tugendhat, who is running for reelection as chair of the Foreign Affairs Committee, today said the embattled telecoms giant was “integrally” part of the Chinese state and could not be trusted. [...]
Picardilly Circus: TfL renames Tube station to celebrate Star Trek launch January 15, 2020 When Star Trek fans talk about exploring strange new worlds, they probably don’t have Piccadilly Circus Tube station in mind. However, Trekkies can now enjoy a taste of the extraterrestrial thanks to a publicity stunt launched by Transport for London (TfL). Read more: Experts unsure about the effect of air pollution on the Tube For [...]
Marketing budgets return to growth after General Election boost January 15, 2020 UK marketing budgets returned to growth in the fourth quarter as an easing of political uncertainty encouraged businesses to splash out on campaigns. A net balance of four per cent of firms lifted their total budgets in the last three months of 2019, according to new figures from the Institute of Practitioners in Advertising (IPA). [...]
Government cyber programme unveils new intake of scale-ups January 15, 2020 The London Office for Rapid Cybersecurity Advancement (Lorca) has today announced the 20 latest scale-ups to join its cohort of cyber firms. The government-backed incubator said its fourth intake was the largest to date, and includes companies using automation and quantum to protect UK industry against online threats. Though the majority of businesses are British, [...]
Former Reach boss Simon Fox in the frame to lead Frieze art fairs January 14, 2020 The former chief executive of Daily Mirror publisher Reach has secured a new role as head of the company behind iconic arts fair operator Frieze. Simon Fox, who left Reach in July after seven years at the helm, is set to be announced as the new head of Frieze tomorrow. The appointment is said to [...]
Huawei hits back at ‘unsubstantiated allegations’ of spying January 14, 2020 Huawei has urged the government to ignore “unsubstantiated allegations” of spying levelled by the US amid fresh speculation over the Chinese firm’s role in the UK’s 5G network. Top US officials have reportedly warned their British counterparts that using Huawei’s equipment would be “nothing short of madness”. During crunch meetings in London yesterday the security [...]
Chipmaker revenue slips amid global oversupply and smartphone slowdown January 14, 2020 Global semiconductor firms suffered a decline in revenue last year as a huge oversupply in the market and a slowdown in smartphone sales took their toll. Semiconductor revenue totalled $418.3bn (£322bn) in 2019, down almost 12 per cent on the previous year, according to figures from research firm Gartner. This was driven by a huge [...]
