Q&A: Why are brands like Marks and Spencer pulling their advertising from Google? March 20, 2017 A newspaper investigation uncovered examples of several high profile brands being advertised against extremist content such as videos of a preacher banned from Britain and from white extremist David Duke insulting Jewish people. The BBC, Channel 4, The Guardian as well as the Financial Conduct Authority, Transport for London and the Royal Navy, advertising for [...]
City Moves for 20 March 2017 – who’s switching jobs at Keystone Law, MarketInvoice and Sage Group March 20, 2017 Today's City Moves cover legal eagles, peer-to-peer finance and enterprise software. Take a look at these movers and shakers: Keystone Law Chancery Lane-based law firm Keystone Law has appointed five senior lawyers across its residential property, regulatory, dispute resolution, employment and private wealth teams. Katie Cohen (pictured) will join Keystone as residential property partner. She [...]
Now banks have pulled their Google ad spend as Royal Bank of Scotland, HSBC and Lloyds pile on pressure March 20, 2017 Google is facing growing pressure over claims it's profiting from hate speech as some of Britain's biggest banks are the latest to pull their ads from YouTube. Royal Bank of Scotland, HSBC and Lloyds have suspended their advertising with the tech giant following an investigation which revealed household brand names were appearing next to offensive and extremist [...]
GKN considers debt raise in order to manage £2bn pension shortfall March 19, 2017 Engineering group GKN is preparing to go to debt markets to raise £200m in an attempt to placate the trustees of its pension scheme, according to reports. The FTSE 100 group is in the middle of a three-yearly review of its pension scheme with 2016 accounting valuations revealing its deficit had swelled by £475m over the last 12 months to [...]
Manx Telecom share price rises after revealing “solid” annual figures March 15, 2017 Manx Telecom, which operates the Isle of Man's telecoms network, today revealed it is generating annual sales equivalent to almost £1,000 per person living on the island. Shares rose one per cent in the wake of the news. The figures Revenue rose by 1.5 per cent to £81m, with underlying earnings of £28m, the same [...]
Why Great Britain’s inspirational Paralympians offer a unique and economic sponsorship proposition March 14, 2017 This month marks a year before the start of the 2018 Paralympic Winter Games in PyeongChang and expectations for Great Britain's performance in South Korea are high following our most successful ever summer and winter Paralympics. In Rio last year, we won 147 medals, coming second in the medal table. In Sochi in 2014, we topped [...]
Will legally separating BT and Openreach be enough to give broadband customers a better deal? March 10, 2017 Kate Devine, head of home communications at MoneySuperMarket, says Yes. Legally separating BT and Openreach should be seen as a victory for broadband customers. It will offer a better deal for many, built on the promise to treat all customers equally in terms of repairs and services, in comparison to the current system, which is [...]
BT needs to be able to “hire and fire” Openreach board and had to get the deal done before starting pension negotiations March 10, 2017 BT chief exec Gavin Patterson has said having the ability to “hire and fire” the Openreach board was a red line that the telecoms giant couldn’t cross in agreeing a deal with Ofcom over the future of its infrastructure arm. And breaking the deadlock with regulators over Openreach’s independence was imperative before entering into negotiations with [...]
BT Openfudge? Four things you need to know about the Ofcom deal… and what the regulator says about them March 10, 2017 BT's settlement with regulator Ofcom has been championed as a significant step towards making its Openreach broadband division a separate entity, after months of debate over the subject. Today's agreement isn't quite a spin-off. Although the two will be legally separated, Openreach, the company responsible for running the majority of the UK's telecoms infrastructure, will be forced to consult [...]
BT and Ofcom’s Openreach deal: Here’s how City analysts, competitors and consumer groups reacted March 10, 2017 BT and telecoms regulator Ofcom this morning announced that they'd settled their differences over the future of Openreach, the company that owns the majority of Britain's telecoms infrastructure. It's been a long road for both parties, and it did appear that Ofcom was going to be forced into going to European authorities to force through [...]