BBC set to cut original CBBC content as licence fee tries to remain competitive March 10, 2022 The UK media regulator has opened a new consultation into the number of CBBC’s original productions, accepting the BBC’s request to make cuts to its output. In an announcement this morning, Ofcom agreed with BBC’s suggestion to reduce the original productions quota for the dedicated TV channel for children, shifting it from 72 per cent [...]
Home sales continue to soar as buyers keen to move despite rates hike March 10, 2022 Home sales surged last month with strong demand from buyers not letting up, even in spite of an uplift to increase rates. The latest RICS Residential Market Survey reported a net balance of nine per cent more respondents saying sales were increasing. This represented the strongest reading since May 2021. The survey also reported a [...]
Octopus bets big on wind power with four new European deals March 10, 2022 Octopus Renewables will nearly double its wind power capabilities after reaching four new deals to ramp up power generation in Europe.
Drivers in Camden, Tower Hamlets and Lambeth among worst offenders in UK March 10, 2022 London is home to some of the worst drivers in the country, with Camden in particular having the fourth-worst record for crashes nationally. Four key London authorities have among the highest number of accidents per 100,000 registered vehicles, new figures show this week. The culprits were Camden, Tower Hamlets, Lambeth, and Westminster, with other areas [...]
European Central Bank leaves rates negative despite inflation hitting record high March 10, 2022 The European Central Bank left interest rates unchanged in negative territory today despite inflation on the Continent running at a record high. President Christine Lagarde and co kept borrowing costs at minus 0.5 per cent, where they have been for several years, sticking with its more dovish stance toward monetary policy. The ECB has been [...]
UK financial watchdog tells British firms to boost cybersecurity following Russia’s invasion of Ukraine March 10, 2022 The UK’s financial regulator has told British companies to strengthen their cybersecurity systems, amid fears Russia’s invasion of Ukraine may spark an increase in hacking. The Financial Conduct Authority (FCA) said firms should take measures to boost their resilience to cyber attacks and be wary of people sharing false information on social media. The comments [...]
Former Radio 1 DJ Mark Page gets 12 years in prison following ‘grotesque sexual abuse’ of children March 10, 2022 Former Radio 1 DJ Mark Page has been jailed for 12 years after arranging to have sex with vulnerable children in the Philippines. Page was convicted of four counts of arranging the commission of a child sex offence between 2016 and 2019. Two of his charges related to contact he had via webcam from his [...]
London-based Lendable tops £3.5bn valuation after fresh funding round March 10, 2022 London-based lending platform Lendable has announced a £210m funding injection today that pushes its valuation north of £3.5bn, as it looks to accelerate a push into new markets.
Aussie media firms have raked in £111m from Google and Facebook since law shake up March 10, 2022 A new report has revealed that Australian media firms have raked in A$200m (£111m) from Google and Facebook since last year’s regulatory crackdown that forced tech giants to negotiate payment terms.
Government workers union threatens ‘mass disruption’ to force Legal Ombudsman to recognise staffing crisis March 10, 2022 The UK’s sixth biggest union has threatened to launch a campaign of “mass disruption” to force the Legal Ombudsman to formally acknowledge its staffing issues, after more than a fifth of the government body’s staff left within a year. The threat comes after talks collapsed between staff at the Legal Ombudsman and the senior management [...]
