Shares fly for THG as bidding war pushes online retailer’s value to £1.8bn May 20, 2022 Shares in the online retailer THG surge as much 25 per cent this afternoon as investors back the bidding war taking hold of the ecommerce firm. The online health and beauty retailer said that it had batted away a £2.07bn bid from two investment companies, Belerion Capital and King Street Capital Management last night. It [...]
BT heads for top-line growth thanks to impending price rises May 20, 2022 Berenberg has estimated that BT will return to top-line growth thanks to inflation-induced price rises.
Canada bans Chinese telecom giants Huawei and ZTE calling it the ‘right decision’ in the 5G world May 20, 2022 Canada is set to ban two of China's biggest telecoms equipment makers, Huawei and ZTE, from working on its 5G phone networks, following the lead of the UK and US.
M&C Saatchi agrees £310m takeover by Next Fifteen just days after snubbing Vin Murria May 20, 2022 Just days after M&C Saatchi snubbed Vin Murria's hostile takeover, the ad giant has announced a £310m takeover by fellow advertising agency Next Fifteen.
Amazon bets on UK as Netflix slows down May 20, 2022 Amazon has invested more than £1bn in TV, movie and live sport content in the UK since 2018, with plans to pump even more cash into establishing itself as the go-to content provider for Brits.
Swapping fast for second-hand fashion: Love Island announces eBay UK as new brand partner May 19, 2022 Love Island has swapped fast fashion for second-hand fashion, announcing a new brand partnership with eBay UK this morning.
Nadine Dorries pushes back against potential subscription model for privatised Channel 4 May 19, 2022 Culture Secretary Nadine Dorries has said she “can’t see a scenario” in which a privately owned Channel 4 would become partly or wholly subscription based.
Keeping up with the royals: Duke and Duchess of Sussex film documentary series about their life May 19, 2022 The Duke and Duchess of Sussex are gearing up to launch their own “at home with the Sussexes-style” show.
UK’s biggest-ever National Lottery winners go public with £184m jackpot from lucky dip May 19, 2022 The country’s biggest-ever National Lottery winners have gone public with their £184m win. The lucky pair banked the giant EuroMillions jackpot in the draw on Tuesday May 10, 2022 and are now celebrating with an astonishing £184,262,899.10. The Gloucester based Joe and Jess Thwaite bought their EuroMillions Lucky Dip ticket for the massive draw on [...]
Video didn’t kill the radio star: Heart Radio keeps UK top spot reaching 10m a week May 19, 2022 The UK’s biggest commercial radio company Global celebrates its best-ever audience results, scoring its highest ever reach, hours and share. Global leads the commercial radio market in all measures, with a record-breaking 25.8m weekly listeners, 242m hours and 24 per cent share.
