Face masks to remain compulsory on London Tube and buses July 14, 2021 Face masks will remain compulsory on London Tube and bus services despite the wider easing of lockdown measures under new plans unveiled by mayor Sadiq Khan. While the legal requirement to wear face masks will end on 19 July, the mayor said he was “not prepared to stand by and put Londoners, and our city’s [...]
EU puts tech tax on hold, amid US pressure – but Ireland pushes back July 12, 2021 The EU has decided to delay plans for a new digital services tax, under pressure from the US administration and after the G20 agreed to a global overhaul of corporation tax – but EU member Ireland has restated its criticisms of the wider reform. The European Commission had planned to outline its proposed tech tax [...]
Murdoch’s News UK ‘held talks’ over BT Sport tie-up June 22, 2021 Rupert Murdoch’s News UK is said to have eyed up a partnership with BT’s TV division as the mogul looks to secure the future of his media empire. News UK, which publishes The Sun and The Times titles, held talks with the telecoms giant over a potential tie-up with BT Sport. Bankers from Lazard were [...]
Ofcom flooded with GB News complaints amid advertising boycott June 17, 2021 Ofcom has been hit with a flood of complaints over GB News’ opening night, piling pressure on the channel amid an advertising boycott. The media watchdog received 373 complaints about a programme hosted by Dan Wootton on Sunday night. During a monologue in his inaugural show, the former Sun executive editor railed against Covid lockdowns, [...]
Sir James Dyson has moved back to UK, docs show, as tax row continues April 21, 2021 Sir James Dyson has moved back to the UK, Companies House documents show, amid a row over texts the billionaire vacuum cleaner maker exchanged with Boris Johnson over tax problems during the pandemic. The documents, which were first reported by the Telegraph, show that Dyson’s new residence is in the UK. He had moved to [...]
Cyber firm Darktrace confirms plans for London float in early May April 19, 2021 UK cybersecurity company Darktrace today confirmed it will float on the London Stock Exchange in the coming weeks as it looks to build on a successful pandemic year. The firm’s offer price will be determined following a book-building process, with the listing expected to take place early next month. The company is understood to be [...]
Wall Street opens in the red ahead of Fed chair testimony March 23, 2021 Wall Street ticked into the red this morning as energy and travel stocks slipped, while investors awaited remarks from Federal Reserve chair Jerome Powell on the health of the US economy. Powell will join US Treasury secretary Janet Yellen to provide testimony to US politicians in Congress later today. He is expected to say that the [...]
Ofcom gives BT green light to charge more for full-fibre broadband March 18, 2021 Ofcom has given BT the green light to continue charging higher prices for its full-fibre broadband services in a bid to encourage investment in the network across the UK. The media watchdog today said BT’s Openreach will be free from price caps on its wholesale offering for at least a decade. The long-awaited announcement forms [...]
Volkswagen sets 1m electric vehicle target as it outlines cost-cutting plan March 16, 2021 Volkswagen today said it aims to sell 1m electric or hybrid vehicles this year as the German car giant outlined plans to return to profitability through a cost-cutting plan. Sales of electric vehicles grew sharply last year, but the company is now targeting a rapid expansion that would see its deliveries more than double in [...]
STV Group sets out digital growth plans after pandemic hits profit March 16, 2021 Scottish media firm STV Group saw its profit fall two-thirds in 2020 but said that it had achieved a record viewing performance amid the chaos of the pandemic. The firm, which runs the STV television channel north of the border, said that profit before tax had fallen from £19m to £6.7m in 2020. However, it [...]