Netflix under fire after accounts ‘reactivated’ without permission November 28, 2019 Streaming giant Netflix has come under fire after users who cancelled their subscriptions months ago said their accounts had been reactivated without consent. The unwitting customers fell victim to criminals who hacked into their dormant accounts and were able to reactivate them without knowing the user’s bank details, a BBC investigation revealed. Read more: Netflix [...]
Belgian media group Mediahuis ‘interested’ in Telegraph titles November 28, 2019 Belgian media group Mediahuis is said to be interested in a potential purchase of the Telegraph newspapers, which have been put up for sale by the billionaire Barclay brothers. Chief executive Gert Ysebart said that while no formal discussions have taken place, his company is looking for acquisitions. Read more: Ex-Donald Trump strategist Steve Bannon [...]
Tiktok apologises after banning US teen behind Uighur video November 28, 2019 Chinese social media firm Tiktok has apologised to a US teenager who was blocked from the platform after posting a video criticising the country’s repression of Uighur Muslims. Feroza Aziz was suspended from the app earlier this week after criticising the Chinese authorities in a video disguised as a make-up tutorial. Read more: Tiktok owner [...]
Top City investors urge UK firms to pay living wage November 28, 2019 Some of the City’s biggest investors have written to the chief executives of companies including Just Eat, British Airways, and Royal Mail urging them to pay the so-called real living wage. The letter, published today, outlines a growing business case for the living wage, arguing that it can boost productivity, reduce staff turnover and improve [...]
Amigo shares jump as it boosts customer numbers and loan book November 28, 2019 Shares in lender Amigo jumped 15 per cent this morning after it posted a rise in customer numbers and a beefed up loan book in the first half of the year. In the six months to the end of September, the firm’s net loan book increased 8.8 per cent to £730.7m, driven by customer growth [...]
General election 2019: Labour to overhaul strategy after poll loss November 28, 2019 The Labour party is set to revamp its election campaign strategy in a desperate bid to fight back against a huge Conservative lead in the polls. The rethink is said to be aimed particularly at Leave-supporting areas after the party underestimated the willingness of Leave voters to defect to the Tories. Read more: UK mega-poll: [...]
Government’s halted Brexit ad campaign cost taxpayers £5m November 27, 2019 Boris Johnson’s ad campaign urging people and businesses to prepare for leaving the EU on 31 October cost taxpayers almost £5m in just a month. The government unveiled a £100m “Get Ready for Brexit” campaign at the end of August, promising an advertising blitz across billboards, TV and radio, as well as a revamped website. [...]
Shares in publisher Future drop as chief executive takes £15m bonus November 27, 2019 Shares in publishing firm Future dropped as much as 10 per cent today after boss Zillah Byng-Thorne cashed in a bumper £14.6m bonus. In a regulatory filing Future said that Byng-Thorne had sold roughly 1.04m shares priced at £14 each. Chief financial officer Penny Ladkin-Brand pocketed £7.7m after offloading 550,000 shares. Read more: Boss of [...]
UK households to splash out an extra £600m on streaming November 27, 2019 British households are willing to pay an additional £600m each year to stream their favourite films and TV shows following the arrival of a spate of new services, new research has revealed. While Netflix, Amazon Prime and Now TV have so far held dominant positions in the UK, they will soon be competing with the [...]
Brewin Dolphin posts ‘resilient’ results as expansion plan hits profit November 27, 2019 Brewin Dolphin has boosted its funds under management but took a hit to profit for the full year as it pursues a rapid expansion plan. The asset manager increased its total funds more than five per cent to £45bn in the year to the end of September, including inflows of £1.4bn. Total income also rose [...]
