Audit watchdog is ‘in poor state’, says FRC candidate for chair: ‘This is really not the way to run a regulator’ January 25, 2022 Sir Jan du Plessis, the government’s preferred candidate to head the Financial Reporting Council (FRC), has said the independent regulator is now in a “pretty poor state” due to the failures of its top level managers. Du Plessis, who has previously chaired some of Britain’s major companies including BT and Lloyds TSB, vowed to “address [...]
Over nine million broadband customers are unaware of the biggest in-contract price hike in years January 25, 2022 Research today reveals that over nine million consumers are unaware that their broadband bills are set to increase, according to research by Hyperoptic.
BT slaps millions of customers with 9 per cent hike in charges on phone and broadband bills January 21, 2022 Telecoms giant BT has said it plans to increase prices by 9 per cent from the end of March for most customers, another sign the cost-of-living squeeze is deepening. The company said those affected will end up paying an extra £3.50 a month – or £42 annually – on average for phone and broadband bills. [...]
Firms must explain themselves in this winter of price hikes January 20, 2022 The last time inflation was a hot-button political issue, Whitney Houston was top of the charts, the VCR was the must-have purchase, and a scandal-ridden Tory prime minister was clinging on desperately to power. Some things change, others less so. This marks trouble for business – in two ways. In the most obvious sense, prices [...]
Premiership Rugby to return to terrestrial on ITV with live games and highlights January 20, 2022 Premiership Rugby has agreed a deal to show live matches and highlights on ITV in a move that ends the English top division’s exile from free-to-air television. BT Sport will remain the primary broadcast partner but ITV will simulcast a handful of live games each season, including the Premiership final, and air a weekly highlights [...]
Championship rugby club chairman: ‘Increase funding to clubs’ January 18, 2022 Richmond’s chairman has called on the Rugby Football Union (RFU) to solve the Championship’s increasingly insurmountable financial barriers to promotion to the top division. The RFU has cut funding for already cash-strapped second-tier clubs from around £550,000 each per year to less than half that this season. It is another hurdle to promotion for Championship [...]
Committee recommends withholding cricket funds in Rafiq racism report January 14, 2022 A report by MPs into the Azeem Rafiq racism scandal has recommended that the government makes any public funding for English cricket dependent on the sport showing progress in eradicating racism. The Digital, Culture, Media and Sport Committee report, published today, calls for the domestic game to “clean up its act” or face cuts following [...]
BT hires new managing director to head up digital transformation unit ‘Division X’ January 13, 2022 BT today announced the appointment of Marc Overton as Managing Director of its newly created ‘Division X’ unit, which forms part of its Enterprise business.
DAZN close to finalising BT Sport takeover in $800m deal January 12, 2022 Sports streaming service DAZN is edging closer to finalising a deal to snap up BT Sport in an $800m deal. Bosses are preparing to ink a deal as soon as this month, four sources familiar with the matter told the Reuters news agency. The acquisition would give DAZN access to the highly-desired rights English Premier [...]
BT engineers new digital network infrastructure for robotics firm ABB January 12, 2022 BT today announced it is working with robotics company ABB to elevate its international communications infrastructure.