BBC to review editorial policies after Diana interview scandal May 24, 2021 The BBC will carry out a review into its editorial policies and governance in the wake of a scandal over reporter Martin Bashir’s interview with Princess Diana. A report into the interview published last week found the broadcaster had covered up the “deceitful” tactics used by Bashir in securing the explosive 1995 sit-down. It blasted [...]
Max Mosley dead: Former Formula One chief dies aged 81 May 24, 2021 Former Formula One chief Max Mosley has died at the age of 81. The controversial racing boss was president of the international racing federation (FIA) and widely considered to be one of the most influential figures in the history of the sport. He began his career as a barrister and an amateur racing driver. Alongside [...]
Luxury Mayfair hotel project at former US embassy lands £450m green loan May 24, 2021 The developer behind plans to build a new luxury hotel on the site of the former US embassy in Mayfair has secured a £450m green loan to finance its construction. Building work began this year on Chancery Rosewood, a 139-room luxury hotel and retail site in Grosvenor Square. Qatari Diar, the real estate division of [...]
London shopper numbers surge as return of indoor dining drives up trips to city centre May 24, 2021 shopper numbers surge as return of indoor dining drives up trips
G7 closing in on deal for global corporate tax shake-up May 24, 2021 The G7 is said to be nearing an agreement over corporation tax for multinationals, paving the way for a new global tax regime cracking down on some of the world’s largest companies. A pact between the major economies could be inked as early as Friday following progress in talks among top officials in recent days, [...]
George Osborne’s venture capital firm cashes in on crypto boom May 24, 2021 George Osborne’s venture capital firm is said to have racked up gains of 3,000 per cent after betting on an obscure cryptocurrency that has surged in value in recent weeks.. San Francisco-based 9Yards Capital has invested in Internet Computer — also known as ICP — which was launched by non-profit group Dfinity a fortnight ago, [...]
Cineworld shares fizz as big screen reopening drives ‘strong’ first weekend May 24, 2021 Shares in Cineworld pushed higher this morning after the cinema chain hailed a strong opening weekend in the UK following the easing of Covid lockdown measures. The cinema chain said its performance was led by the success of family hit Peter Rabbit 2: The Runaway, starring James Corden. Cineworld, which also owns the upmarket Picturehouse [...]
Ericsson warns of losing China market share amid Huawei spat May 24, 2021 Ericsson has warned that it may end up with a lower share of China’s telecoms market following the rollout of 5G due to an ongoing spat over controversial tech firm Huawei. The telecoms company has been thrown into the middle of a row between China and Sweden after its home country’s government last year banned [...]
Euromoney snaps up networking platform Relationship Science in $7.4m deal May 24, 2021 Financial data firm Euromoney today said it has acquired networking platform Relationship Science in a deal worth $7.4m (£5.2m). The London-listed company said the bolt-on deal would add further scale to its growing people intelligence business and bring further value to clients. Relationship Science provides relationship-mapping services, giving users data on how two different businesses [...]
Saturday Sitdown: Public media played key role during Covid, says STV boss May 22, 2021 The UK’s public service broadcasters played a vital role during the Covid-19 pandemic and should be protected, the chief executive of STV has said. In an interview with City A.M., Simon Pitts threw his weight behind traditional TV channels, insisting they were still relevant despite the rise of streaming heavyweights such as Netflix. “I don’t [...]
