Renault names new chairman and chief executive following Ghosn resignation January 24, 2019 Renault has named its new chairman and chief executive following a board meeting just hours after the resignation of Carlos Ghosn. The French car manufacturer named former Michelin head Jean-Dominique Senard as chairman and interim boss Thierry Bollore as chief executive. Read more: Carlos Ghosn resigns from Renault amid financial misconduct scandal The appointments mark a separation [...]
Netflix leads the way as UK on-demand video subscriptions soar January 24, 2019 The number of UK homes that subscribe to an on-demand TV service has soared in the last year, with Netflix the most popular choice, new figures have revealed. A total of 11.6m UK households had a subscription to at least one of Netflix, Amazon Prime Video or Now TV in the third quarter of 2018, [...]
Daily Mail maintains guidance as digital revenues help offset print decline January 24, 2019 The Daily Mail’s parent company today said it maintains its full-year guidance as revenue rises for its online and TV offerings offset a decline in print sales. Daily Mail and General Trust (DMGT) said reported revenue growth slipped two per cent in the three months to the end of December, impacted by disposals in its [...]
TV analytics platform Admo raises €6m in series B fundraising for London expansion January 24, 2019 Advertising analytics firm Admo.tv has secured €6m (£5.2m) in funding to help boost its presence in London, the company said today. Admo, which helps brands measure the impact of TV adverts on online traffic, raised the series B funding from venture capital firms Runa Capital, Entrepreneur Venture and Cap Decisif. Read more: Social media influencers promise [...]
Haynes shares soar as growing digital business boosts half-year results January 24, 2019 Publisher Haynes saw its share price jump this morning after reporting a rise in half-year revenue and profits as it looks to shift its car manuals to digital formats. The figures Haynes reported a 23 per cent rise in profit before tax to £1.6m in the 26 weeks to the end of November. Revenue jumped [...]
Carlos Ghosn resigns from Renault amid financial misconduct scandal January 24, 2019 Embattled executive Carlos Ghosn has resigned from Renault ahead of his trial in Tokyo on financial misconduct charges, the French finance minister has said. “Carlos Ghosn just resigned last night,” Bruno Le Maire told Bloomberg at the World Economic Forum in Davos this morning. Read more: Ghosn to stay in jail after Tokyo court rejects bail [...]
MPs slam BBC for not acknowledging pay discrimination problem January 23, 2019 The BBC is facing fresh criticism over pay equality after the government slammed the broadcaster’s response to its report published in October. The Department for Digital, Culture, Media and Sport (DCMS) today blasted the BBC for not acknowledging the problem of equal pay within the organisation. Read more: BBC executive Jackie Edwards tapped to head new [...]
John Lewis to close historic Knight & Lee department store in Southsea January 23, 2019 John Lewis today said it is shutting its historic Knight & Lee department store in Southsea in the chain’s first closure for more than a decade. The department store said it will close Knight & Lee, which at 35,000 square feet (sq ft) is its smallest outlet, in July this year. Read more: John Lewis enjoys [...]
Pub group Marston’s scales back expansion plans as it looks to slash debts January 23, 2019 Marston's today said it will limit its expansion plans in a bid to reduce its £1.4bn debt pile amid continued economic uncertainty. In a trading update Marston’s said like-for-like sales rose 1.4 per cent in the 16-week period to 19 January, boosted by strong trading over the Christmas fortnight. Read more: Pub chain Marston's raises a [...]
Joules sees half-year sales rise thanks to strong online trading January 23, 2019 Fashion retailer Joules today reported a double-digit rise in profits for the half year, boosted by strong online trading. Joules said pre-tax profits for the 26 weeks to 25 November were up 14.7 per cent on the same period last year to £10.7m. Read more: Joules shines amid retail gloom as it prepares for Brexit Total [...]
