Social media influencers promise greater clarity over sponsored posts amid CMA crackdown January 23, 2019 A host of high-profile celebrity influencers have agreed to be more transparent about when their social media posts are sponsored amid a crackdown on surreptitious product endorsements. Singers Ellie Goulding and Rita Ora and models Alexa Chung and Rosie Huntington-Whiteley are among the 16 social media stars who have given formal commitments to state clearly [...]
Vodafone and O2 eye sale of phone mast joint venture CTIL to speed up UK’s 5G rollout January 23, 2019 Vodafone and O2 today said they will consider a sale of their joint phone mast venture as they look to expand the partnership ahead of the rollout of 5G. The two telecoms firms said they had entered into a non-binding agreement to extend their existing network sharing partnership CTIL, which owns and manages phone masts, [...]
Young’s buys rival pub chain Redcomb in £34m deal as it expands in the south east January 23, 2019 Young’s today said it has bought pub chain Redcomb Pubs in a cash-free deal worth £34m. The pub operator said it has acquired Redcomb, which owns 15 pubs in London and the south east, as it looks to expand its presence in the area. Read more: Young's pubs boss Patrick Dardis: "Smithfields is the new Covent [...]
Wetherspoons maintains full-year guidance despite slowing profits due to labour costs January 23, 2019 JD Wetherspoon said its first-half profits will be lower than expected as rising costs took the fizz out of strong sales growth. The pub chain reported a 7.2 per cent rise in like-for-like sales for the 12 weeks to 20 January, with total sales up 8.3 per cent. Read more: Wetherspoons boss Tim Martin defends column [...]
City suffers slowest broadband speeds in London, report finds January 22, 2019 Broadband speeds in the City are the lowest of any London borough, new research by consumer group Which has revealed. Average internet speeds in the Square Mile are just 9.9Mbps, lagging far behind other boroughs and below the government’s minimum speed of 10Mbps. Read more: City leads London full fibre rollout league table The report also [...]
Chemical elements in mobile phones placed on ‘endangered’ list January 22, 2019 Chemical elements used in everyday devices such as smartphones and TVs are at risk of going extinct, according to Scottish scientists. Boffins at the University of St Andrews have created a new periodic table in a bid to highlight the scarcity of elements used in must-have tech gadgets and encourage a reduction in waste. Read more: Mobile [...]
London commuters spend £153 a week shopping – here’s what they spend it on January 21, 2019 Commuter spending sprees contribute £22.8bn to the UK economy every year, with London commuters splashing out almost twice the national average, according to new data. Commuters in the capital fork out on average £153 a week while on the move, nearly double the UK average of £89, research by the Centre for Business and Economics [...]
Public trust in Putin falls to new low as disposable income falls, new figures show January 21, 2019 Public trust in President Vladimir Putin has fallen to its lowest level in 13 years as Russians contend with new taxes and a sluggish economy. Confidence in Putin fell to 33.4 per cent last week, down more than 30 percentage points since its high in 2015 after the annexation of Crimea, according to state-owned polling [...]
Petition to unseat Dominic Grieve reaches 10,000 signatures ahead of Plan B amendment January 21, 2019 A petition calling for the deselection of MP Dominic Grieve has reached 10,000 signatures amid claims he is trying to “overturn” Brexit through an amendment to May's Brexit deal. The online petition calling on the Tory party to unseat Grieve, launched seven months ago, has seen a surge in support amid a parliamentary deadlock over Brexit. [...]
Easyhotel sees sales rise but warns of lower margins in the year ahead January 21, 2019 Easyhotel today reported a jump in sales in the first quarter, but warned uncertainty in the year ahead could eat into margins. The low-budget hotel chain said total sales were up 31 per cent in the three months to the end of December, while revenue soared 60 per cent. Read more: Easyjet profits set to soar [...]