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      Dimon casts doubt over JP Morgan’s London tower with tax warning to Burnham

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  • Premier League bids heat up as TV broadcast deadline nears

    January 26, 2015

    WITH a fortnight remaining until bids are due in the multi-billion pound auction for the TV broadcast rights of three seasons of the most-watched football league in the world, BT, Sky and Discovery are preparing for battle. Before Christmas the Premier League said it had opened up bidding for seven packages of live broadcasting rights [...]

  • Mobile market activity booms as Sky eyes deal with O2 or Vodafone

    January 26, 2015

    Mobile consolidation is set to be a hot topic again this week as European pay-TV operator Sky has been linked in talks with O2 and Vodafone to launch its own mobile offering on one of their networks. The talks come as BT races to finalise more details around its £12.5bn takeover of EE, which it [...]

  • UK growth lift as FTSE aims to test 7,000 level – London week ahead

    January 25, 2015

    THE FIRST estimate of GDP growth in the fourth quarter of 2014 looks set to deliver good news this week, with growth of around 0.6 per cent on the previous quarter and 2.8 per cent year-on-year. Howard Archer, of IHS Global Insight, said: “Ongoing robust services expansion likely ensured that GDP growth held up pretty [...]

  • As Three’s owner eyes up O2, will more sector consolidation prove negative for consumers?

    January 25, 2015

    Kester Mann, principal operators analyst at CCS Insight, says Yes. A move from four mobile operators to three will undoubtedly raise concerns among UK consumers that they’ll end up paying more for mobile services. Indeed, evidence in other European markets, notably Austria, points to an increase in prices following similar in-market consolidation. Mobile users in [...]

  • Adrian Chiles dropped as ITV football presenter despite £500,000 a year contract

    January 23, 2015

    ITV has ditched Adrian Chiles as its lead football host, even though he signed a contract with the broadcaster worth £1m last summer.   Chiles will be replaced by BBC Radio 5 Live’s Mark Pougatch, who will kick-off by presenting the Champions League meeting of Chelsea and Paris Saint-Germain next month.   According to reports, [...]

  • Telefónica to sell O2 to Hutchison Whampoa for £10bn

    January 23, 2015

    Telefónica has confirmed it is in exclusive talks with Chinese company Hutchison Whampoa to sell O2 for £10bn, a deal which would revolutionise the landscape of the UK's mobile market. In a statement this morning, Telefónica said the deal would take the form of an initial payment of £9.25bn, followed by deferred payment of £1bn, to [...]

  • Three owner Hutchison Whampoa to buy O2 for £1Obn

    January 22, 2015

    Spanish telecoms giant Telefonica is set to pick up more than £10bn by selling O2 to Three’s parent company, Hutchison Whampoa. Telefonica has been in talks to sell its British mobile business for months. The Hong Kong-based group, which is owned by Asia’s richest man, Li Ka-shing, emerged as a frontrunner to take the company [...]

  • Discovery Communications named as bidder in Premier League auction

    January 22, 2015

    US MEDIA group Discovery Communications has been named as another possible player, along with Sky and BT, eyeing up a bid in the ongoing multi-billion pound auction to screen Premier League football. Last month the Premier League announced it had opened up bidding for seven packages of live broadcasting rights (totalling 168 matches) as well [...]

  • 11 of the world’s 100 most sustainable companies are in the UK: Marks & Spencer, BT, and the London Stock Exchange

    January 22, 2015

    The UK is home to 11 of the world's 100 most sustainable companies with Marks & Spencer, BT, and the London Stock Exchange all making it into the prestigious ranking. The other UK-based companies listed were Reckitt Benckiser, Centrica, Unilever, British Land, Sky, Pearson, BG Group and Electrocomponents. Each year media company Corporate Knights produces the ranking which measures companies' sustainability in terms [...]

  • BT Sport to treat US sports fans to 5,000 hours of ESPN content

    January 22, 2015

    Team spirit is alive at BT Sport and ESPN. The two sport TV channels have signed a new seven-year agreement which will deepen their existing relationship.   US based ESPN will provide BT Sport with up to 5,000 hours of programming per year for UK fans of global sports to enjoy, including coverage of the [...]

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