Vodafone CEO: A merger with Three isn’t a threat to national security or competition June 30, 2023 Vodafone chief executive Ahmed Essam has defended plans to merge with Three.
If offices still look like they’re out of an 80s sitcom, we will see more exits like HSBC June 29, 2023 The death of the office proclaimed post-pandemic is far from real; what's true is that London still lacks good quality office spaces. HSBC's change of location is proof of that, writes Gareth Lewis
FTSE 100 close: Asia stock surge lifts London index as Wise soars 16 per cent June 27, 2023 London’s FTSE 100 regained ground today, taking its lead from a decent overnight session in Asia that was aided by Chinese lawmakers signalling economic support measures are on the way. The capital’s premier index jumped 0.11 per cent to 7,461.47 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health [...]
HSBC moving out of Canary Wharf headquarters in favour of Square Mile June 26, 2023 HSBC is set to leave its headquarters at Canary Wharf when its lease expires in 2027 and will move back to the heart of the City, City AM understands. The bank has been based in 8 Canada Square for more than two decades, but hopes to downsize to Panorama St Paul’s, 81 Newgate Street. The [...]
MLB returns to London this weekend. How and where can I watch it? June 23, 2023 Major League Baseball (MLB) is returning to London’s iconic Olympic stadium for the first time since 2019. The London Stadium will play host to St. Louis Cardinals and Chicago Cubs across two games this weekend. Here’s what you need to know. Who are the teams? Chicago Cubs The Cubs play their games at Wrigley Field [...]
ITV ‘actively exploring’ Traitors producer All3Media acquisition June 16, 2023 Broadcaster ITV has confirmed it is “actively exploring” an acquisition of Traitors producers All3Media. It follows reports the TV channel was seeking to buy the production company from its joint owners Warner Bros Discovery Inc., which is facing a debt issue, and Liberty Global. The business would be combined with ITV’s Studios unit, according to [...]
Vodafone and Three UK ‘transformative’ merger sparks speculation over CMA approval June 15, 2023 Britain’s competition regulator is set to scrutinise the long-awaited tie-up of Vodafone and Three, announced yesterday. The deal will create the largest mobile network in the UK. Vodafone boss Margherita Della Valle said the merger is “great for customers, great for the country and great for competition”, but commentators warned last night the CMA was [...]
The Notebook: Ian Whittaker is sceptical about AI – plus his take on the Telegraph takeover June 13, 2023 The Notebook is a column where interesting people say interesting things. Today, it’s Ian Whittaker, media analyst and founder of Liberty Sky Advisors Is AI’s biggest benefit its use as a buzzword? BT announced last month it is cutting up to 55,000 jobs as it restructures and stream lines its business. What particularly caught the [...]
BT boss Jansen bags £1.8m bonus as group plans to slash workforce June 8, 2023 BT has revealed its boss took home a £1.8m bonus last year as the telecoms giant plans to shed up to 55,000 jobs by the end of the decade. Philip Jansen, the group’s chief executive, secured the annual bonus despite the firm’s sweeping cost-cutting plans raising the alarm among unions. He bagged the £1.8m in [...]
FTSE 100 close: Markets close lower as housebuilders weigh on index June 7, 2023 Strong morning bumps for Primark-owner Associated British Foods and BT were offset by a slump for housebuilders today as the FTSE 100 closed marginally lower. A slump in trading for housebuilders kept movement on London’s flagship index subdued, with the index closing lower. Housebuilders were down after figures from Halifax showed a first annual fall [...]