Exclusive: Teams rival Starleaf plots London float as demand surges March 10, 2021 British video call and messaging firm Starleaf is plotting an initial public offering in London after demand for its services surged during the pandemic, City A.M. can reveal. Watford-based Starleaf, whose platform is used by major corporate clients including the NHS, booked a record year of trading in 2020 amid the shift to home working. [...]
ITV shares fall after Piers Morgan quits broadcaster March 10, 2021 Investors switched off ITV today after Piers Morgan resigned from breakfast show Good Morning Britain. Shares are down nearly six per cent this afternoon. The controversial broadcaster stepped down from the programme last night amid a furore over his comments about Oprah Winfrey’s interview with Meghan Markle and Prince Harry. Shares in ITV are currently [...]
BBC to cash in on children’s shows amid commercial push March 10, 2021 The BBC has unveiled plans to cash in on the success of its children’s TV shows as the embattled broadcaster looks to ramp up its income from commercial ventures. The corporation today said it will move BBC Children’s Productions, which makes shows such as Blue Peter and My Mum Tracey Beaker, into its commercial arm [...]
Royal Mail hikes profit forecasts as it delivers letter boost March 10, 2021 Royal Mail today lifted its profit forecasts after it delivered better-than-expected letter volumes and revenue since the start of the year. The postal company delivered a record number of parcels in the run-up to Christmas as the pandemic fuelled an online shopping boom, though letter volumes fell. But in a trading update this morning the [...]
Virgin Media down: Thousands of broadband customers hit by UK outage March 10, 2021 Thousands of Brits were left without internet access this morning after Virgin Media suffered broadband outages across the country. Users in London, Birmingham, Manchester, Cardiff and Glasgow reported issues with their internet connection. The issues began at around 7am and peaked two hours later with more than 2,500 reports of problems, according to website Down [...]
FTSE 100 opens lower as inflation worries weigh March 10, 2021 The FTSE 100 opened lower this morning as market momentum slowed following a tech-fuelled rally on Wall Street last night and inflation worries weighed on investors. London’s blue-chip index dipped 0.21 per cent to 6,715 points shortly after markets opened. The domestically focused FTSE 250 was marginally down. It came on the back of a [...]
Disney boss Bob Iger linked to UK ambassador role as streaming service hits 100m users March 10, 2021 Disney last night said its Disney Plus streaming service has racked up 100m users, as speculation grows that outgoing boss Bob Iger could be named US ambassador to Britain. The US media giant said it had passed the milestone just 16 months after launching the platform. Netflix, which now has 200m users, took 10 years [...]
Just Eat Takeaway forecasts order growth after bumper year March 10, 2021 Just Eat Takeaway today said it expected further growth in orders in 2021 after the pandemic helped drive a sharp rise in revenue for the year. The food delivery group hailed an “exceptional” 2020 after posting revenue of €2.4bn (£2bn), up 54 per cent from €1.6bn in the previous 12 months. The company said it [...]
Adidas returns to growth but warns of Reebok sale costs March 10, 2021 Adidas today reported a return to sales growth in the final quarter of the year, but warned of a hit to profit caused by its decision to divest the Reebok brand. The German sports giant reported sales growth of one per cent on a currency-neutral basis in the fourth quarter to €5.5bn (£3.9bn). This came [...]
FTSE 100 and Wall Street push higher on economic recovery hopes March 9, 2021 Wall Street pushed higher and the FTSE 100 reversed early loses to post modest gains today as investors were buoyed by optimism about global economic recovery and more US stimulus. All three major US indices pushed higher, with the tech-heavy Nasdaq rebounding after a steep decline in yesterday’s trading. As the end of trading neared, [...]
