Telecomms giant BT Group to name Simon Lowth, who has previously worked for BG Group and AstraZeneca, as new finance chief tomorrow morning March 17, 2016 BT Group is set to name Simon Lowth as its new finance chief tomorrow morning. Lowth was previously finance chief at oil company BG Group before it merged with Royal Dutch Shell earlier this year and, prior to this, he was finance chief at pharmaceutical company AstraZeneca. Lowth also sits on the board of Standard Chartered and has [...]
The UK is the sport industry capital of the world – its businesses must lead the way with corporate responsibility March 11, 2016 In case you hadn’t noticed, the UK is sport mad. We watch, discuss, engage and play sport with great passion. So it’s not surprising that we are pretty damn good at the business of sport as well. Led by the Barclays Premier League we have an industry worth an estimated £24bn per year. But more [...]
The best off the beaten track art shows in London March 10, 2016 Harmony Korine: Fazors Gagosian Davies St Harmony Korine may be best known for his lurid, colour-drenched films such as Spring Breakers and Gummo, but he’s also an established artist. This exhibition, “Fazor”, refers to “a musical swirl of oscillating sound that summons the hypno-psychedelic effects”. The result is a collection of jarring, hypnotic pieces based [...]
EE says it has fixed its outage problem after customers were left without access to Orange webmail service for two days March 9, 2016 EE has apologised to customers who were left with no access to Orange webmail services for almost two days and says it has resolved the problem. "We have now resolved the issues preventing some Orange webmail users from accessing their accounts through an internet browser," an EE spokesperson said. "We apologise to anyone affected for the [...]
City Moves for 4 March 2016 | Who’s switching jobs March 4, 2016 LIDA Digital direct marketing agency LIDA has appointed Trefor Thomas, executive creative director of SapientNitro, as its chief creative officer – a newly created role. Trefor’s brief will be to focus on furthering the agency’s direct, digital brand and innovation capabilities, while continuing to gear up LIDA’s loyalty credentials across new platforms. He boasts over two [...]
Britain needs to take a giant leap forward and embrace radical competition to achieve ultrafast broadband February 29, 2016 London is one of the world’s greatest cities, and arguably the pre-eminent global financial centre. The UK has 17 of Europe’s 40 tech unicorns (startups valued at $1bn or more), and all bar three of these are in London. And yet, compared to other European cities, its broadband infrastructure – the vital sensory network of a [...]
IoD: UK broadband ambition needs to be “a thousand times” higher February 29, 2016 The Government stood today accused by business leaders of a “poverty of ambition” when it came to UK broadband speeds. The Institute of Directors (IoD) also called for a new target for households and business to have access to speeds of 10 gigabits per second (Gbps) by 2030, 1,000 times faster than the current official [...]
BT Openreach ruling: Has Ofcom done enough to ensure broadband competition? February 26, 2016 Dana Tobak, managing director of Hyperoptic, says Yes. Yes – for now. Ofcom has rightly focused on the key areas of change required to promote investment in fibre and to support true product competition for consumers. By keeping structural separation as the potential “naughty step”, Ofcom has ensured that Openreach should be compelled to partner in [...]
TalkTalk accuses Ofcom of dodging BT Openreach decision after digital review demands better access for rivals, sending BT’s share price soaring February 25, 2016 TalkTalk boss Dido Harding has slammed Ofcom for “kicking the Openreach can down the road”, after the telecoms regulator decided not to split off the infrastructure arm from BT. Ofcom yesterday released the results of its once-a-decade industry review that stopped short of demanding Openreach be hived off from BT, but said the option was still [...]
At the close: FTSE 100 index surges as banks’ share prices including Lloyds, RBS and Barclays rise February 25, 2016 The FTSE 100 index rocketed on Thursday as banking stocks surged, supported by the news that fourth quarter UK GDP was revised upwards to 0.5 per cent. The index closed 2.48 per cent higher at 6,012 points, led higher by Lloyds Banking Group and RSA Insurance Group. "European banks were the centre of market turmoil two [...]