BBC’s frozen licence fee pushes annual savings of £285m as broadcaster fights vicious talent wars July 12, 2022 The BBC have aired concerns that the current funding settlement, where the licence fee is frozen for two years despite crippling inflation, could spell danger for the broadcaster’s long-term future. Discussing the Beeb’s annual results this morning, BBC Chairman Richard Sharp said the “working assumption is that this [a frozen fee] will open up a [...]
‘You can only block it out for so long’: Sir Mo Farah says he was trafficked to the UK as a child July 12, 2022 Olympic legend Sir Mo Farah has revealed he was brought to the UK illegally as a child. Speaking to the BBC, Farah said his real name is actually Hussein Abdi Kahin, and he was flown over from the east African country of Djibouti at the age of eight or nine by a stranger and forced [...]
June bookings for Hostelworld climb to pre-pandemic levels as pent-up demand for travel surges July 12, 2022 June bookings for Hostelworld sites hit 80 per cent of June 2019 levels as backpackers flock back on holiday this summer. Net revenue exceeded 2019 levels by 104 per cent thanks to higher average booking values, and the firm’s success in April and in May in drawing backpackers in once again. Booking demand into Europe, the largest destination [...]
BBC investigation finds SAS killed Afghan detainees and unarmed men in suspicious circumstances July 12, 2022 A BBC Panorama investigation has uncovered evidence that the British SAS executed detainees and murdered unarmed people on operations in Afghanistan. It reveals disturbing new evidence of scores of secret killings by the SAS, and efforts by some of the most senior figures in UK Special Forces to conceal evidence of war crimes. Panorama [...]
Record industry could save £200m as court order extends pirate website block to mobile networks July 12, 2022 The music industry celebrates this morning after a High Court Order forces mobile providers to start blocking pirate music websites, potentially saving the record industry £200m a year. Website blocking acts as a powerful legal remedy for those who own and invest in copyright and brands from music, film, sports and gaming industries, whose rights [...]
Letter to Dorries: Campaigners warn Online Safety Bill amendment risks becoming ‘disinformation laundromat’ July 11, 2022 Dozens of campaigners and academics have written to the Culture Secretary Nadine Dorries to warn that the Online Safety Bill could make the UK the world’s first "disinformation laundromat", where malicious actors receive legal protections to spread hate and lies.
Twitter shares take a tumble as Elon Musk’s takeover u-turn sets in July 11, 2022 Shares continue to tumble for Twitter as the Silicon Valley titan feels the hangover of Elon Musk’s takeover u-turn this weekend. The stock dropped over seven per cent in early morning trading on the Nasdaq after the eccentric billionaire called off his $44bn (£37bn) purchase of the social media platform. He accused the company of [...]
Ofcom opens 999 monitoring system for telecom firms as UK pushes forward with digital transformation July 11, 2022 Ofcom has opened a new monitoring programme to determine whether telecoms providers are complying with rules designed to ensure that people can contact the emergency services at all times.
Joules share price plummets after retailer calls in KPMG to help boost profitability July 11, 2022 Joules share price has tumbled after it confirmed weekend reports that it has called in the KPMG debt advisory to help boost its cash position. As set out in its May trading update, the premium lifestyle group said it will continue to focus on improving profitability, cash generation and liquidity headroom. As at 29 May, [...]
Then there were 11: Live TV debate for Tory leader to be held as Liz Truss throws hat into ring July 11, 2022 Sky News will host the first live television debate for the new leader of the Conservative Party and the next Prime Minister.
