FTSE 100 climbs despite mounting concerns over Delta variant June 29, 2021 London’s FTSE 100 climbed on Tuesday despite mounting concerns over the spread of the Delta variant of coronavirus. The capital’s premier index rose 0.39 per cent to 7,100 in afternoon trading. The gains come as data from the Bank of England shows households recorded positive net consumer borrowing for the first since August, fuelling hopes [...]
Oneweb and BT ink deal for rural broadband rollout June 28, 2021 Oneweb and BT have inked an agreement to use satellites to help roll out broadband in the most remote rural areas across the UK. The two companies have signed a memorandum of understanding to explore how satellite technology could be used to beam internet services to rural areas that are too difficult or expensive to [...]
Former BT executive Leslie Winnister locked up for life for killing wife of 40 years June 25, 2021 A wealthy former BT executive who killed his wife of nearly 40 years after becoming paranoid she was having an affair with the handyman has been locked up indefinitely. Leslie Winnister, 69, had “lost touch with reality” when he attacked 66-year-old Suzanne Winnister at their home in Bexley, Kent, on 8 September last year, the [...]
EE to bring back Europe roaming charges after Brexit June 24, 2021 EE will reintroduce additional roaming charges for customers who use their phones in Europe from next year, despite promises not to hike fees after Brexit. Users will be charged a new flat fee of £2 a day when roaming across 47 European destinations, which will cover their plan’s data, minutes and texts allowance. The changes [...]
Murdoch’s News UK ‘held talks’ over BT Sport tie-up June 22, 2021 Rupert Murdoch’s News UK is said to have eyed up a partnership with BT’s TV division as the mogul looks to secure the future of his media empire. News UK, which publishes The Sun and The Times titles, held talks with the telecoms giant over a potential tie-up with BT Sport. Bankers from Lazard were [...]
ITV outlines Love Island duty of care measures amid safety fears June 17, 2021 ITV has outlined stringent duty of care protocols for the upcoming series of Love Island after media watchdog Ofcom tightened safety rules for reality TV. The hit dating show, which was cancelled last year due to the pandemic, will return to screens later this month for its seventh series. But producers have now introduced a [...]
US stocks fall as Fed’s taper talk drags down tech shares June 17, 2021 Tech stocks dragged Wall Street lower today after the Fed hinted at tapering its stimulus sooner than expected, piling pressure on a sector that is vulnerable to higher interest rates. The tech-heavy Nasdaq fell by 0.25 per cent at the open, while the Dow Jones Industrial Average was down 0.1 per cent. Meanwhile, the S&P [...]
Shakespeare on advertising: KFC’s return to screens looks finger-lickin’ good June 16, 2021 Last year, Covid-19 forced KFC to temporarily drop its “finger-lickin’ good” slogan following complaints to the Advertising Standards Authority. In May 2021 – with restrictions eased, vaccinations opening up to a larger number of Britons, and ‘finger-lickin’’ presenting less of a public health risk – the brand brought it back in a new TV ad. [...]
Road to recovery: FTSE 100 closes at highest point since the start of the pandemic June 15, 2021 The FTSE 100 has returned to its highest point since the start of the Covid-19 crash that wiped hundreds of billions of pounds off the index last year. The market ticked back up to 7,172.48 after gaining another 25.8 points on Tuesday, a 0.4 per cent rise. It means that the index is currently at [...]
US stocks open near record highs while FTSE 100 stays in the green June 15, 2021 US stocks opened near record highs today as attention turned to the Federal Reserve for cues on whether a jump in inflation will prompt a tapering in monetary policy. The Dow Jones Industrial Average was up 0.1 per cent, while the S&P 500 opened flat, remaining near an all-time time. Meanwhile, the Nasdaq Composite was [...]