Queen’s Birthday Honours: the full 2021 list June 12, 2021 Below the full list of names for this year ORDER OF THE BRITISH EMPIRE Knights Grand Cross of the Order of the British Empire (GBE) The Rt. Hon. Frederick Richard Penn Curzon, The Earl Howe. For political and parliamentary service. (Amersham, Buckinghamshire) ORDER OF THE BATH Knights Commander of the Order of the Bath (KCB) [...]
Screenshot: How did a software glitch break the internet? June 11, 2021 This week **Media Moment of the Week: Motty goes off the rails **How did a software glitch break the internet? **BT’s bolt from the blue Media Moment of the Week: Motty goes off the rails Look, everyone loves John Motson. He’s a juggernaut of football broadcasting and I don’t have a bad word to say [...]
Wall Street opens higher while FTSE 100 stays in the green June 10, 2021 Wall Street’s main indexes rose today as investors shrugged off a surge in consumer prices that raised concerns of early policy tightening by the Fed. The Dow Jones Industrial Average was up 0.6 per cent, while the S&P 500 advanced 0.4 per cent at the open. Meanwhile, the tech-heavy Nasdaq gained 0.2 per cent. Wall [...]
Altice UK takes 12.1 percent stake in BT but ‘does not intend’ takeover June 10, 2021 A French telecoms giant has taken a significant stake in BT ahead of the expansion of the UK’s full-fibre network. Altice UK this morning announced it had taken a 12.31 stake in BT becoming its larget shareholder. Despite the sizable equity stake Altice said it had no intention to make a takeover bid, and instead [...]
Shakespeare on advertising: BT hit the back of the net with Hope United campaign June 9, 2021 Internet harassment has been a major topic of public conversation in recent months. Nadia Whittome MP recently announced that she would be taking time off work after receiving death threats on social media, and sports stars such as Neal Maupay and Marcus Rashford have spoken out about the barrage of “vile and toxic abuse” they [...]
Wall Street flat but FTSE ticks up as investors await inflation data June 7, 2021 Wall Street’s main indexes were muted this afternoon as investors stayed on the fence ahead of key inflation data this week, while tech stocks shrugged off a G7 agreement on a new global corporate tax minimum. The Dow Jones Industrial Average and S&P 500 dipped 0.46 and 0.26 per cent respectively by early evening trading. [...]
Wall Street opens lower while FTSE plunges to snap June winning streak June 3, 2021 Wall Street’s main indexes opened lower today as investors weighed up data showing a pick up in jobs growth for cues on the trajectory of inflation. The Dow Jones Industrial Average fell 0.7 per cent at the open, while the Nasdaq Composite shed 1.3 per cent. Meanwhile, the S&P 500 dropped 0.8 per cent to [...]
Backlash over Russian oligarch’s £1bn UK broadband bet June 3, 2021 Campaigners have called for greater scrutiny over foreign investment in the UK telecoms market after a Russian oligarch backed a £1bn plan to upgrade the country’s broadband network. Letter One, an investment company founded by billionaire Mikhail Fridman, is a key investor in a project by new broadband firm Upp to deploy full-fibre connections in [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 2, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Brown Advisory expands London office with senior hires Investment management firm Brown Advisory has bolstered its London office this week with two senior hires as its collection of assets hits $15bn. [...]
Ex-BBC Trust boss throws hat in the ring for BT chair May 30, 2021 Rona Fairhead, former BBC Trust chair, could become BT’s first female board boss, according to reports. Fairhead is in the running to succeed Jan du Plessis, who announced his retirement in March, the Telegraph reported. If successful, she will become the first woman to lead BT’s board. The search for a new leader is however [...]