Collective: Feeling the benefit of the gig economy growing up July 10, 2021 Back in the halcyon days of the mid-2010s – a world before Brexit buses and a global pandemic – it was easy to find cheerleaders for the gig-ification of the capital’s employment scene. Uber and others were redefining work. Londoners were whizzing around in cheap cabs. Politicians were falling over themselves to champion the free-market [...]
The Analyst: What could the future hold for Channel 4? July 10, 2021 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his second monthly column for City A.M. The UK Government recently announced a consultation on the future of state-owned Channel 4. Theoretically all options remain but [...]
Amazon snaps up Tesco exec Tony Hoggett to run stores worldwide July 9, 2021 Amazon today announced it has appointed Tony Hoggett, formerly one of Tesco’s top executives, to run its physical stores. Joining in January 2022, Hoggett will take on the role of senior vice president of physical stores and report to Dave Clark, chief executive of Amazon’s worldwide consumer business. He will be based in Seattle. Clark [...]
EE to remove data charges during England Euro 2020 final July 9, 2021 EE customers will be able to stream England’s Euro 2020 final clash against Italy on Sunday night for no extra cost after the mobile network said it will remove data charges. The company today said that any data used from 6pm until midnight on Sunday will be free of charge. The data freebie, which will [...]
Cardano aiming for a BILLION users over next decade July 9, 2021 Cardano supremo Charles Hoskinson has revealed the organisation’s mission is to have a billion users over the next five to 10 years.
Startup funding in Europe on track for record year July 9, 2021 Europe is set to see its biggest year for startup investment, with US investors especially keen to back companies. Startups received three times more funding in the first half of this year compared to that of 2020, according to data from Dealroom reported by Politico. While Europe’s start up scene has lagged behind that of [...]
Sainsbury’s investors revolt over executive pay amid £261m loss July 9, 2021 Almost a fifth of Sainsbury’s shareholders rejected the supermarket’s renumeration report on Friday in the latest investor revolt against executive pay. It comes a month after it was revealed that CEO Simon Roberts took home a £583,000 bonus in his first nine months at the helm of the British supermarket, despite the company posting a [...]
Murdoch shuts down aggregation site Knewz after 18 months July 9, 2021 Rupert Murdoch’s media empire has shut down its news aggregation site Knewz after just 18 months, saying it had failed to pull in a profit. News Corp set up Knewz in January 2020 in a bid to claw back advertising revenue from Google. The site, which had a garish yellow backdrop, aggregated news articles from [...]
Patriot Pact: Ministers urged not to say ‘It’s Coming Home’ ahead of England final July 9, 2021 Ministers have reportedly been urged not to say ‘It’s Coming Home’ ahead of England’s Euro 2020 final on Sunday night amid fears of offending other countries. In a briefing note sent by the Department for Digital, Culture, Media and Sport (DCMS) mandarins warned the phrase “does not go down well overseas” and might damage a [...]
Top Tesco executive Tony Hoggett to step down after 30 years July 9, 2021 One of Tesco’s most senior executives is stepping down after more than three decades at the supermarket. Tony Hoggett joined Tesco in 1990 and has served in a number of top roles in the UK and Asia. He became group chief operating officer in 2018 before being appointed to the newly-created role of chief strategy [...]
