British musicians ‘shamelessly failed’ over post-Brexit touring January 20, 2021 Musicians have been “shamelessly failed” by the government over the failure to secure visa-free touring after Brexit, some of the UK’s biggest music stars have said. Sir Elton John, Ed Sheeran and Liam Gallagher are among more than 100 signatories on a damning open letter that warns many performers could be “tipped over the edge” [...]
Tesla is hiring someone to defend Elon Musk on social media January 20, 2021 Elon Musk’s indiscretions on social media have moved stock markets, led to a high-publicised defamation lawsuit and landed him a $20m fine. But it seems the blunt billionaire is now going on the defensive, hiring someone to fend off attacks by Twitter trolls. A job advert posted by Tesla, Musk’s booming electric car maker, said [...]
British chipmaker IQE pulls in record revenue amid bumper demand January 20, 2021 British chipmaker IQE secured a record revenue performance last year amid soaring global demand for its technology. The London-listed firm, which makes components for chips used in Apple products, said full-year revenue would come in at roughly £178m. This is in line with its previous guidance of at least £170m and marks year-on-year growth of [...]
S4 Capital steps up a gear with automotive acquisition January 20, 2021 S4 Capital has snapped up a production studio specialising in the automotive industry as its aggressive expansion plans show no signs of slowing down. Sir Martin Sorrell’s advertising firm today said Germany-based Staud Studios would merge with its Media Monks content division. The move cements S4’s presence in Germany, which is Europe’s second largest advertising [...]
Multiverse raises $44m to fuel apprenticeship scheme expansion January 19, 2021 A London startup founded by Tony Blair’s son has raised $44m (£32m) to help fuel expansion of its tech and leadership apprenticeship schemes. Multiverse, whose training programmes are billed as an alternative to traditional university education, has pursued rapid growth over the last year, tripling its number of apprentices to more than 2,000. The company [...]
Shares in Ladbrokes owner Entain plunge as MGM pulls takeover offer January 19, 2021 Shares in Ladbrokes owner Entain took a plunge today after MGM withdrew its takeover offer. The betting group, which also owns brands such as Coral, Bwin and Partypoker, had rejected an £8bn bid from MGM, saying it “significantly undervalues the company”. But casino giant MGM today said it would not submit a revised proposal and [...]
Audioboom shares rise as podcast listeners tune in January 19, 2021 Audioboom shares pushed higher this morning after the podcasting platform reported a jump in revenue last year. The London-listed firm posted revenue of roughly $26.8m (£19.7m) in 2020, up by a fifth on the previous year. Audioboom, which hosts and distributes podcasts including No Such Thing As A Fish and Sue Perkins: An Hour Or [...]
Health secretary Matt Hancock self-isolating after NHS app alert January 19, 2021 Matt Hancock is self-isolating after receiving an alert from the NHS coronavirus contact tracing app. The health secretary today said he had been “pinged” by the app and would not be leaving his house until Sunday. “This self-isolating is perhaps the most important part of all the social distancing,” he said in a video posted [...]
Deliveroo appoints Next boss Simon Wolfson to board January 19, 2021 Deliveroo has appointed Next chief executive Lord Simon Wolfson to its board as a non-executive director. Wolfson, who has led the high street fashion chain since 2001, took up the role this week. It comes as the food delivery platform gears up for what could be the largest initial public offering of the year. Deliveroo [...]
Business directors removed from UK travel exemption list January 19, 2021 Top business leaders are no longer exempt from UK travel restrictions, meaning they will have to self-isolate for 10 days when returning to the country. Business directors bringing jobs and investment to the UK had been listed as one of the exemptions of the coronavirus quarantine rules. But new changes that came into effect at [...]
