US-based FIS buys Worldpay at $43bn valuation, creating payments giant March 18, 2019 British payment processor Worldpay was snapped up this morning by US-based Fidelity National Information Services (FIS) in a deal which values the firm at $43bn (£32bn). Excluding the target’s debt, the valuation comes to $34.83bn, the companies said. Read more: BT names payment services veteran as its new CEO It creates a company which had [...]
City Hall accused of ‘repeating mistakes’ of Garden Bridge scandal over £22m housing loan March 18, 2019 City Hall has been accused of repeating the mistakes of the Garden Bridge after it agreed to loan nearly £22m towards the development of a controversial housing site in south London. The Greater London Authority (GLA) has agreed to loan American property developer Anthology £21.8m to build homes at Woodlands and Masters house in Lambeth, despite [...]
Revealed: The broadband provider most likely to cut you a better deal March 18, 2019 Consumers have long discussed the craftiest ways to negotiate the best deal from their broadband providers. But new research from check and challenge site Ismybillfair.com has revealed how likely broadband providers are to cut you a better deal. Read more: Satellite firm Inmarsat boosts revenue due to in-flight broadband demand According to the survey, Virgin [...]
FA Cup quarter-finals: Competition presents a rare opportunity for non-Premier League Big Six sides to make their mark March 14, 2019 The best advertising strikes a chord with consumers and BT Sport’s publicity for its FA Cup coverage has neatly captured the mood around this season’s competition. In the advert, common grievances about football's oldest competition – not enough giant-killings, an unwanted break from fantasy football, a halting of league momentum – are aired. An oversized [...]
Focus On Stratford: Around 30,000 new homes are planned for the east London Olympic hub by 2030 March 13, 2019 The 2012 Olympic Games may feel like they happened last century, but their legacy lives on in Stratford. Though it resides in Newham, one of the most deprived boroughs in the capital, the host neighbourhood of the Games has attracted a phenomenal amount of property investment in both commercial and residential sectors. There are currently [...]
London’s Here East partners with Texan co-working space March 11, 2019 Here East, home to start-ups and businesses in London’s Olympic Park, and its tenant Plexal, a co-working space, have announced a new partnership with a Texan company to promote transatlantic links. The two London companies today unveiled an agreement with co-working space Capital Factory in Austin, Texas. It will enable startups at Here East and Plexal to use Capital Factory [...]
BT TV to offer Vice channels in bid to bolster its youth appeal March 8, 2019 BT has secured a deal with Vice Media to give its customers access to the youth channel’s content on live and on-demand TV. The partnership, which comes into effect next week, will give BT TV customers access to Vice on TV, a lifestyle and entertainment channel offering documentaries about popular culture and current affairs. Read [...]
Sky Incredibles Wi-Fi advert banned after BT and Virgin lodge complaints March 6, 2019 An advert for Sky broadband has been banned after rivals BT and Virgin argued it made misleading claims about the company’s ability to boost home Wi-Fi networks. The advert, which featured characters from the hit animated film The Incredibles 2, depicted a Sky employee boosting Wi-Fi throughout the house using just a tablet. Read more: [...]
City Fibre appoints Goldman Sachs’ senior partner Simon Holden as COO March 1, 2019 Goldman Sachs has strengthened its hold on UK telecoms company City Fibre after announcing one of its senior partners will become the firm's new chief operating officer. Simon Holden will take up the newly created role on City Fibre's board from 1 March having worked as a partner at Goldman for 18 years. Read more: Excessive [...]
Customers can walk out of slow broadband contracts, Ofcom’s new rules say February 28, 2019 Broadband firms will have to be more honest about connection speeds before customers sign new contracts under new rules coming into force tomorrow. Read more: Ranked: The phone and broadband providers with the most complaints Regulator Ofcom's new protections will mean broadband providers have to give customers a minimum guaranteed speed at the point of sale. [...]