Bosch cuts ties with Pitch@Palace as Prince Andrew stays on November 21, 2019 Bosch is the latest company to end its association with Prince Andrew’s Pitch@Palace scheme, City A.M. has learnt. A spokesperson for Bosch confirmed: “While Bosch will continue to support the next generation of entrepreneurial talent through various means, the company has decided against renewing its sponsorship with Pitch@Palace. The current contract is due to expire [...]
Buckingham Palace confirms Prince Andrew will continue to work on Pitch@Palace scheme November 21, 2019 Buckingham Palace this morning confirmed that Prince Andrew will continue to work on his Pitch@Palace initiative, as was first reported by City A.M. last night. A source close to Pitch@Palace told City A.M. that it was “business as usual” at the programme, which connects entrepreneurs with investors. Read more: Entrepreneurs back Pitch@Palace as pressure grows [...]
Entrepreneurs back Pitch@Palace as pressure grows on Prince Andrew November 21, 2019 Entrepreneurs have expressed their support for Prince Andrew’s Pitch@Palace startup initiative even as the Duke was urged to give evidence to US authorities. A lawyer representing some of billionaire paedophile Jeffrey Epstein’s victims has pushed for the Duke of York to speak with US investigators, following last night’s announcement that the prince will retreat from [...]
Prince Andrew steps back from Royal duties but will continue business role November 20, 2019 PRINCE Andrew last night said he will step back from Royal duties as corporate sponsors continued to sever ties with his entrepreneurship schemes following his widely criticised BBC interview. The announcement from the palace came hours after two more FTSE 100 companies abandoned the prince amid the fallout from his Newsnight grilling over links to [...]
Inmarsat and BT cut ties with Prince Andrew over Epstein friendship November 20, 2019 Inmarsat and BT have become the latest organisations to cut ties with the Duke of York in light of questions about his relationship with convicted sex offender Jeffrey Epstein. A source close to Inmarsat confirmed to City A.M. that the satellite company had withdrawn its sponsorship. In a statement, BT said that they would no [...]
Duke of York to step back from public duties November 20, 2019 Prince Andrew has announced that he will be stepping back from public duties for the “foreseeable future.” In a statement released this afternoon, the Duke said that “it has become clear to me over the last few days that the circumstances relating to my former association with Jeffrey Epstein has become a major disruption to [...]
Virgin Media website down: Customers complain as provider denies broadband outage November 19, 2019 Virgin Media broadband customers complained after being left without internet today, but the company denied it has suffered a major outage. Virgin Media’s status checker, which allows users to check the level of service in their local area, was inaccessible, with the company saying it was undertaking “essential work on our systems”. Read more: 21 [...]
John McDonnell: ‘No one needs to be a billionaire’ November 19, 2019 Shadow chancellor John McDonnell is set to take aim at billionaires today, describing their wealth as “obscene” as Labour releases research showing almost a third of Britain’s billionaires have donated money to the Tories. McDonnell is expected to say he wants to “rewrite the rules of our economy” in a speech in central London later [...]
Telecoms firm’s credit ratings ‘at risk’ from Labour’s broadband plan November 18, 2019 Telecoms companies may take a hit to their credit profiles if Labour’s plans to nationalise parts of BT go ahead, a top rating agency has warned. Shadow chancellor John McDonnell last week unveiled plans to bring Openreach into public ownership and offer free full-fibre broadband to all UK households by 2030. Read more: Labour’s BT [...]
Jeremy Corbyn ‘investment blitz’ pitch to businesses draws frosty response November 18, 2019 Jeremy Corbyn has said an “investment blitz” would create “immense” opportunities for businesses under a Labour government in a pitch to corporate Britain. Speaking at the CBI’s annual conference in London, Corbyn sought to appeal to firms by saying Labour’s Brexit policy would provide “the certainty of a customs union and access to the single [...]