EE to create 600 jobs in UK, bringing all customer service roles onshore, as it pledges to fill 4G gaps “to the very edges of the UK” April 25, 2016 Mobile operator EE has announced plans to buck a trend – creating 600 customer service roles onshore, meaning all customer calls will be answered in the UK and Ireland by the end of the year. The move, which comes just weeks after the completion of BT's £12.5bn takeover of the firm, creating the biggest telecoms group in [...]
BT Tower goes up in flames for the Queen’s birthday – kind of April 21, 2016 Camden Council has taken a rather unique approach to celebrate the Queen's 90th birthday this evening – it's projected flames onto the screen at the top of the iconic BT tower. While the screen had been showing a more traditional, and less frightening, birthday message throughout the day, the "beacon flames" started burning at 8.30pm and [...]
Sky’s share price falls as churn rate picks up despite adding 177,000 new customers as it reports revenue growth April 21, 2016 Sky has reported strong growth for the third quarter as it experiences "good trading" across all its markets but its churn rate picked up, pushing its share price down over 4.4 per cent. The figures Sky reported revenues to have risen five per cent to £8.72bn over the nine months to the end of March. Operating [...]
EU referendum: 2015 was record year for UK-targeted deals from Europe despite approaching Brexit vote April 20, 2016 The looming referendum was not enough to put European Union countries off doing business with the UK last year, newly-compiled figures show. Some $206bn (£143bn) worth of deals in which businesses based in other EU countries acquired British counterparts were announced last year. This marked a new record, according to Dealogic, and was up from $12.3bn [...]
UK investment banking revenue down 21 per cent in first quarter of 2016 despite Shell and BT deals completing April 19, 2016 UK investment banking revenue was down 21 per cent in the first quarter of this year, according to newly-compiled figures. Goldman Sachs accounted for 12.3 per cent of the total $1bn (£695m) revenue, ahead of JP Morgan (10.4 per cent) and Barclays (6.9 per cent). Read more: Investment banking revenue plummets to post-crisis low Dealogic's UK [...]
Making global local: Maxus’s Lindsay Pattison talks India, inequality and the long term April 18, 2016 "Media is the fastest growing area of marketing. We are the link now between advertising and sale, and everyone wants a piece of the action,” says Lindsay Pattison, global chief executive of Maxus. The fourth arm of WPP’s Group M – the world’s largest advertising media company, which buys one in every three adverts sold – [...]
BT’s going on a massive security hiring spree April 13, 2016 BT is going on a hiring spree. The telecoms firm announced this morning that it will hire 900 people over the next 12 months focused entirely on security. They will largely be based in the UK, in London, Sevenoaks and Cardiff, but with some roles in Europe, the Middle East, America and Asia, while some of [...]
UK cyber security company Darktrace embarks on funding round to secure $400m valuation April 10, 2016 UK cyber security company Darktrace has turned to Silicon Valley in a bid to secure funding which would see the company valued at $400m (£283.2m). The company, which is headquartered in both Cambridge, UK, and San Francisco, USA, was founded in 2013 by mathematics and computer specialists from the University of Cambridge and intelligence experts from MI5 and GCHQ. [...]
Why we should worry about the Three O2 merger March 30, 2016 It won’t have escaped your notice that Three and O2 want the path cleared for a £10.5bn merger. Even with the owner of Three – Hutchison – proposing to keep O2 operationally separate, it would still leave Three/O2 with a 40 per cent market share. Ofcom has sounded alarm bells, and been uncharacteristically vociferous in its opposition. While [...]
“How would you get an elephant in a fridge?”: These are the 10 toughest questions asked at job interviews – including questions from Topshop, Network Rail and EY March 29, 2016 Job interviews are galling at the best of times – but imagine being asked how to squeeze an elephant into a fridge, or how many people named Gary were born in 2013. That's what candidates at, respectively, Gemalto and BT were faced with, according to jobs marketplace Glassdoor, which has put together the 10 toughest [...]