Broadband startup Cuckoo calls on industry to abolish exit fees and end £1.3bn price hikes March 30, 2022 Broadband exit fees and above-inflation price rises should be scrapped as UK customers face a cost of living crisis, the CEO and founder of broadband firm Cuckoo Alex Fitzgerald has demanded.
BT pauses landline cut off after Storm Eunice victims were unable to call 999 March 29, 2022 BT has backtracked on plans to replace landline phones with digital ones following complaints that this would leave the elderly and vulnerable at risk. Following a reports from the Telegraph which found that BT customers were blocked from calling for help during storms earlier this year, the company has now apologised and said it got [...]
Boardroom shuffle: Mitie ushers in BT executive and former government adviser March 29, 2022 British outsourcing giant Mitie has undergone a boardroom shuffle, ushering in a BT executive and former special adviser to health secretary Sajid Javid. Stepping onto the board at the beginning of April, Chet Patel and Salma Shah join as non-executive directors. Patel, who will maintain his role as BT’s chief commercial officer and managing director [...]
What is the outlook for UK dividends in a less certain world? March 16, 2022 Russia’s invasion of Ukraine looks set to exacerbate economic trends which had already been influencing markets. Amid the uncertainty, experienced investors Sue Noffke and Graham Ashby give their views on the outlook for UK dividends. Investors had already been viewing markets in a more cautionary manner, even before Russian troops amassed on the border with [...]
City Moves: Who’s switching jobs in the Square Mile this week? March 10, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Field Renewable energy storage company Field has announced a flurry of senior hires. Elspeth Vincent, who joins the London-based firm as general counsel, brings over a decade of legal experience to the role. While Ben Saward joins [...]
Bango revenue jumps over a third as it eyes new high growth sectors like crypto March 8, 2022 Mobile commerce technology company Bango, which works with clients including BT and Verizon, has secured a full-year revenue which its CEO has hailed as “ahead of expectations”. Revenue jumped more than a third in the year to 31 December to $20.7m, up from $15.7m in 2020. Bango, which now has services available to marketers on [...]
EE teams up with Nokia to boost network coverage on 200 UK streets March 7, 2022 EE has deployed 200 mobile radio cells across its UK network to boost capacity in high demand areas, allowing customers to benefit from download speeds up to 300Mbps. Small cells help provide better coverage for customers at street level, where it’s often impractical to build larger sites, and 300Mbps can be quantified as downloading a movie [...]
World’s blue-chips ditch Russia as West ramps up efforts to freeze out Moscow March 2, 2022 More of the world’s top companies are pouring out of Russia as the West ramps up efforts to freeze Moscow out of the global economy. Despite the exodus, French energy firm Total bucked the trend by announcing tepid measures today, stating it will keep doing business in Russia, but not invest in new projects. The [...]
Britain’s richest man foots bill as Dazn faces $1.3bn in losses February 23, 2022 Sir Leonard Blavatnik is patching losses for sports streaming company Dazn which hase reported a $1.3bn shortfall for 2020.
Why sport is taking over terrestrial TV airwaves again February 21, 2022 If you’ve turned on your subscription-free, Nadine Dorries-unfriendly, terrestrial TV recently you may have been transported back to a time when moustachioed behemoths like Dickie Davies and Des Lynam ruled the afternoon airwaves – for we again live in an era of live, free-to-air sport. Of course, you may not have noticed. Sky and BT [...]