Allwyn’s lottery projections deemed ‘implausible’ as Camelot eyes appeal July 4, 2022 Independent evaluators of the Allwyn's winning National Lottery bid have called its revenue projections “implausible” and carrying “a high degree of risk”, as the legal battle seems likely to drag on for the lucrative contract.
Brewdog chief James Watt admits to management mistakes following workplace culture row July 4, 2022 CEO and founder of Brewdog James Watt has opened up about issues of anger management and mistakes he’s made around Brewdog's workplace culture.
UBS injects £900m into GSK life sciences hub as it looks to compete with Cambridge July 4, 2022 UBS Asset Management has teamed up with property firm Reef Group to invest up to £900m to create a life sciences cluster. The pair plan to buy 33 acres of land at GlaxoSmithKline’s (GSK) research site in Stevenage, which will create up to 5,000 “highly skilled” new jobs. While the spot is already a global [...]
Royalty rate rocks for Hipgnosis Songs Fund following US ruling July 3, 2022 Shares in Hipgnosis Songs Fund climbed today after after a fresh court decision effectively meant it will be able to collect a greater royalty rate for music streaming. It comes after the US Copyright Royalty Board upheld its decision regarding the top-line streaming royalty rate for songs, which boosted the percentage of streaming service revenue [...]
William Hill top execs step down as 888 completes takeover July 1, 2022 William Hill top executives will step down as 888 completes its acquisition of the gambling powerhouse.
Complaints from EU push Amazon to allow two-click cancellation for Prime July 1, 2022 Amazon have made it easier for users to cancel their Prime subscriptions in just two clicks after consumer groups took their grievances about the e-commerce giant to the EU last year. The European Consumer Organisation (BEUC), the Norwegian Consumer Council and the Transatlantic Consumer Dialogue criticised Amazon for pushing users to go through a number [...]
UK food prices now over seven per cent higher than 2021 with perishable goods leading the way July 1, 2022 Food and consumer goods prices across Europe are now 6.9 per cent higher than they were a year ago, rising to 7.5 per cent in the UK. According to new data released by NielsenIQ today, more than eight FMCG categories out of 10 showed increasing inflation rates during the 12 week period ending April 24 [...]
‘A win for all parties’: BT and Amazon to share Champions League rights under new £1.5bn deal July 1, 2022 Amazon will split the rights to the Champions League with BT for the 2024-27 cycle, a period which marks the start of a new format for UEFA’s men’s European club competitions. It means Amazon has secured live UK rights to the Champions League for the first time, spelling danger for broadcasters who have already felt [...]
S4 Capital snaps up another agency despite claims it has expanded too quickly July 1, 2022 S4 has announced yet another merger this morning between XX Artists and Media.Monks, which significantly expands the capabilities of its Content practice. The combination augments its Social Media Marketing capabilities and expands its client base. Headquartered in Los Angeles with a majority-female, majority-diverse team of 125 globally, XX Artists helps clients such as Google, YouTube, Logitech, and Ancestry.com [...]
Oxford Biomedica extends deal with AstraZeneca to make Covid vaccines beyond 2022 July 1, 2022 Oxford Biomedica have inked a new three-year agreement to make AstraZeneca's COVID-19 vaccine beyond 2022.
