Broadband speeds are increasing but rural towns lag behind December 20, 2019 Rural areas of the UK are lagging behind cities and towns as Boris Johnson’ government brings the nation’s digital divide into focus. A report by Ofcom, the UK’s telecoms regulator, showed that around 155,000 UK properties can not access decent broadband. These homes will be able to request coverage from BT from March 2020, the [...]
Live sport: How, when and where to watch all the best action on TV this Christmas December 20, 2019 It’s the most wonderful time of the year if you are a sports fan with endless live action to get stuck into. Here City A.M. details the biggest and best events over the festive period and how to watch them. Scroll down for a full list. Football It all gets underway this Saturday as Arsenal [...]
Ofcom to ban firms from selling ‘locked’ mobile phones December 17, 2019 Communications regulator Ofcom has proposed a new set of plans which would prevent phone companies from selling ‘locked’ handsets. BT/EE, Tesco Mobile and Vodafone still sell mobile phones that cannot be used on other networks without being unlocked first, which can cost £10. Read more: MPs say hands-free phones should be banned while driving The [...]
BT sells Spanish business as it ploughs ahead with transformation plan December 16, 2019 BT today said it has agreed the sale of its Spanish assets to private equity firm Portobello Capital, as the telecoms giant slims down its international business. The FTSE 100 firm said it will continue to have access to the ICT infrastructure, which provides network services to roughly 600 major Spanish companies, through a wholesale [...]
Sky scuppers hopes of Britbox deal in blow for new streaming service December 15, 2019 ITV and the BBC have suffered a major setback to their plans for Britbox, as the chances of securing a highly sought-after distribution deal with Sky have all but disappeared. The streaming service, jointly run by the public service broadcasters, has already bagged partnerships with the likes of BT, Freeview and Samsung to deliver its [...]
Negotiating a better broadband deal ‘could save £120 per year’ December 14, 2019 Consumers could save around £120 a year on broadband by negotiating with their internet suppliers, but around 45 per cent do not ask for a better deal, according to research from Which. Around 78 per cent of the more than 5,000 people surveyed revealed they had been offered an incentive, discount or better deal, by [...]
UK stocks and sterling surge after Conservative election win shuts out Labour December 13, 2019 UK stocks surged today after the Conservatives secured a decisive majority in the General Election, boosted by rallying retailers, housebuilders and utility firms. The FTSE 100 index climbed over one per cent in morning trading, but was held back slightly by a strong sterling, while the FTSE 250, however, leapt as much as four per [...]
BT shares jump as it dodges Labour nationalisation December 13, 2019 Shares in BT jumped in early trading this morning as Boris Johnson’s thumping election victory staved off fears of nationalisation under Jeremy Corbyn’s Labour party. BT shares spiked as much as 10 per cent to 206.8p before easing back down to an eight per cent rise as investors breathed a deep sigh of relief. Read [...]
Sterling soars as exit poll predicts huge Tory majority December 12, 2019 Sterling skyrocketed nearly two per cent as the exit poll predicted a huge Tory majority of 86 seats, the largest for the Conservatives since the days of Margaret Thatcher. The pound briefly hit as high as $1.35, reaching a level last seen in May 2018, which put the currency on course for its biggest one [...]
DWF pays €50m for Spanish law firm Rousaud Costas Duran December 11, 2019 Listed London law firm DWF is set to pay €50.5m (£42.5m) for Spanish law firm Rousaud Costas Duran (RCD) in a move designed to expand its presence in the country. The acquisition will bring 40 new partners and 400 staff to DWF and will give it offices in Madrid, Barcelona and Valencia. Read more: These [...]