Publisher Future braced for shareholder backlash over executive pay January 14, 2020 Publishing firm Future could face a shareholder revolt at its annual general meeting (AGM) next month after an influential proxy adviser urged investors to vote down the firm’s executive pay policy. Future’s remuneration report outlines a base salary increase of more than 27 per cent for finance director Penny Ladkin-Brand, who is set to take [...]
Alphabet nears $1 trillion valuation on ad growth optimism January 13, 2020 The valuation of Google parent company Alphabet is on the verge of hitting the prestigious $1 trillion (£770bn) mark after a string of positive analyst coverage pushed up its share price. Shares in Alphabet edged to within one per cent of the $1 trillion market capitalisation on Friday as the tech firm continues a bullish [...]
Prince William and Prince Harry slam ‘offensive’ newspaper report January 13, 2020 Prince William and Prince Harry have launched a blistering attack on an “offensive and potentially harmful” newspaper report about their relationship, as tensions between the palace and the press deepen. In a joint statement the Duke of Sussex and Duke of Cambridge said: “Despite clear denials, a false story ran in a UK newspaper today [...]
Tiktok mulls curated content feed in bid to woo advertisers January 13, 2020 Tiktok is said to be mulling the launch of a curated content feed as the Chinese social media app looks to assuage advertiser fears over harmful material posted to its platform. The video-sharing firm is considering setting up a new stream that would contain carefully vetted content from so-called Tiktok creators or videos from professional [...]
Revealed: London’s most polluted parkruns January 13, 2020 Scores of Brits have once again vowed to take up a vigorous exercise routine as part of their New Year’s resolutions this year, with parkruns likely to feature highly among to-do lists. But eager exercisers who fancy taking part in the weekly 5km running events could be in for a nasty surprise, with London’s high [...]
Open banking ‘held back’ by lack of trust over data sharing January 13, 2020 Businesses have failed to reap the benefits of open banking due to a wariness about sharing financial data, a new report has revealed. Open banking, which enables sharing of financial information with other banks and finance providers, was introduced in the UK two years ago in a bid to boost consumers and small businesses. Read [...]
BBC to move two-thirds of jobs outside London as it doubles down on regions January 12, 2020 The BBC plans to have two-thirds of its employees based outside London by 2027 as the embattled broadcaster hits back at accusations of metropolitan bias. Director general Tony Hall said the corporation had a responsibility to “serve everyone” and “reflect every part of the UK”. Read more: Samira Ahmed claims victory in BBC equal pay [...]
US officials to hold last-ditch talks with UK over Huawei ban January 12, 2020 US officials are gearing up for a final attempt to persuade the government to block Huawei from building the UK’s 5G network. Representatives from the US National Economic Council and National Security Agency are set to hold meetings in London tomorrow ahead of a final verdict on whether the embattled Chinese tech firm will face [...]
Channel 4 under fire over BP Paralympics sponsorship January 12, 2020 Channel 4 has come under fire from climate activists after it announced that BP will sponsor its coverage of the 2020 Paralympic Games in Tokyo. Environmental evangelists have taken aim at the broadcaster for accepting money from the oil giant, which is one of the world’s largest contributors to fossil fuel emissions. Read more: Boris [...]
TSB risk chief Iain Laing steps down after IT meltdown January 12, 2020 TSB’s chief risk officer Iain Laing has become the latest executive to part ways with the bank as it reels from the fallout of a massive IT meltdown. Laing will step down at the end of January after three years in the role and will be replaced by chief audit officer Carlos Paz, who joined [...]
