Warner Music buys record label behind Les Miserables and Mary Poppins July 15, 2019 Warner Music Group has acquired First Night Records, an independent label specialising in recordings of West End and Broadway hits including Les Miserables and Mary Poppins. Warner, whose roster of artists includes Ed Sheeran and Cardi B, has snapped up the London-based firm for an undisclosed sum as it looks to build its presence in [...]
One Last Dance: Theresa May celebrates England cricket win with victory boogie July 15, 2019 Prime Minister Theresa May danced away one of her final weekends in number 10, throwing her trademark shapes in celebration of England’s cricket World Cup victory. May, who has been branded the ‘Maybot’ by detractors, dropped some of her notoriously awkward dance moves last night to Abba hits including Dancing Queen and Mamma Mia. Read [...]
US firms ‘could restart Huawei sales in two weeks’ July 15, 2019 The US may allow companies to resume sales to Chinese tech firm Huawei in as little as two weeks, according to reports, in a sign the easing of President Donald Trump’s crackdown could come into effect quickly. Trump has added Huawei to a trade blacklist, effectively banning American firms from doing business with the controversial [...]
New York and London top rankings for strongest business brands July 15, 2019 London has been ranked the city with the second strongest business brand globally, missing out only to New York. The Big Apple topped the list of global cities with the strongest brands for attracting businesses and investors, according to research by Saffron Brand Consultants. Read more: London listings triple in second quarter after Brexit extension [...]
Music streaming firm Roxi plans London float as it looks to take on Spotify July 15, 2019 British music streaming firm Roxi Music has appointed advisers for an initial public offering (IPO) on the London Stock Exchange later this year. Roxi, which boasts a string of celebrity backers including Alesha Dixon, Sheryl Crow and Robbie Williams, said it will float on the Aim market in the fourth quarter 2019. Read more: Music [...]
Tory leadership contenders to woo City bosses at secretive fundraising dinner July 14, 2019 Tory leadership rivals Boris Johnson and Jeremy Hunt will host a secretive fundraising dinner for City bigwigs this week as the cash-strapped Conservative party looks to top up its coffers. Around 100 business chiefs have been invited to attend the central London knees-up on Tuesday night, with tickets priced at £1,000 a head. Read more: [...]
Government cybersecurity under scrutiny as staff lose hundreds of mobile devices July 14, 2019 Staff at government departments lost more than 500 mobile and laptop devices in the first four months of the year, sparking concerns hackers could gain access to a “goldmine” of data. Employees at nine departments, including the Ministry of Defence and the Foreign & Commonwealth Office (FCO), lost 508 phones, laptops and tablets between January [...]
Huawei plans ‘extensive’ US job cuts amid trade blacklisting July 14, 2019 Huawei is said to be planning extensive layoffs in the US as the Chinese tech firm grapples with the impact of President Donald Trump’s trade ban. The job cuts are expected to affect staff at the firm’s US-based research and development subsidiary Futurewei Technologies, which employs roughly 850 people across the country, the Wall Street [...]
May’s team in row over press freedom after Cabinet leak threat July 14, 2019 Prime Minister Theresa May and her top officials have been dragged into a bitter row over the freedom of the press after the Metropolitan Police warned journalists could be prosecuted for publishing diplomatic leaks. The Cabinet Office last week called in Met Police assistant commissioner Neil Basu, who issued a warning to the media that [...]
Interserve taps turnaround veteran Alan Lovell as new chairman July 11, 2019 Interserve is set to tap industrial turnaround specialist Alan Lovell as its new chairman as the beleaguered outsourcer looks to reverse its fortunes. The appointment of Lovell, who was brought into Carillion just weeks before its collapse and has held a string of other high-profile roles over the last thirty years, will be unveiled tomorrow, [...]
