UK ‘complacent’ on data protection, OVH Cloud chief warns January 28, 2024 The UK is too complacent in its approach to data protection, the boss of French cloud provider, OVH Cloud, has said.
Culture Secretary makes new intervention in Abu Dhabi-backed Telegraph takeover January 27, 2024 Lucy Frazer has issued a new public interest intervention notice (PIIN) and extended the deadline for Ofcom and the Competition and Markets Authority (CMA) to hand over the findings of their probes into the acquisition.
Competition watchdog launches formal probe of Vodafone and Three tie-up January 26, 2024 The Competition and Markets Authority (CMA) has launched a formal investigation into the merger of Vodafone and Three. Back last June, Vodafone and CK Hutchinson, owner of Three, announced their long-awaited UK £15bn merger. The deal would combine the companies’ telecommunications operations under one single network provider. The CMA today has started its Phase 1 [...]
Media secretary ‘minded to’ open second probe into Telegraph sale January 24, 2024 Media secretary Lucy Frazer has said she is "minded to" to open a new investigation into the proposed £600m sale of the Telegraph.
Brace for the ‘techlash’ says FCA chief as he warns on future of financial services January 23, 2024 The chief of the Financial Conduct Authority (FCA) has said the UK's financial services may need to prepare for a "techlash".
Accounting watchdog cuts red tape as ministers press regulators for UK growth January 22, 2024 The City’s accounting watchdog has confirmed a newly slimmed down rulebook for companies today as it looks to ease the red tape burden on firms and “support the growth and competitiveness” of the UK.
City chiefs: We must embrace risk to stay competitive January 22, 2024 Leading City figures have reignited calls to policymakers to embrace risk or watch the UK's financial system lose out to rival markets around the world.
Wholesale data: Firms stuck in ‘endless cycle’ of price rises due to aggressive pricing strategies January 18, 2024 "Firms procuring market data never catch up with what vendors say they should be paying," Mike Carrodus said.
CMA wins appeal in bid to get overseas data from BMW and VW January 17, 2024 BMW and Volkswagen suffered a defeat at the Court of Appeal today after it ruled that the German car companies must comply with information requests from the UK's competition agency.
EMEA M&A Outlook: Optimism and Opportunity January 15, 2024 M&A in the EMEA region seemed to have bottomed out in Q1 2023 and H2 slowed after a bustling Q2. But the outlook remains relatively optimistic and opportunities appear to be out there for dealmakers this year. Factors affecting M&A The past year saw multiple interest rate hikes, and the European Central Bank’s (ECB) efforts [...]