WH Smith chair Henry Staunton lined up as new Post Office head August 22, 2022 The UK government is lining up outgoing WH Smith chairman Henry Staunton to head the Post Office, as it seeks to navigate the fallout of the miscarriage of justice that saw hundreds of the state-owned company’s workers wrongfully convicted of serious crimes. Former ITV finance director Staunton has been chosen as the preferred candidate to [...]
Poll shows Tory members still prefer Johnson to remain PM despite Truss 66 point lead August 22, 2022 With just two weeks to go in the Conservative leadership race, a new poll has claimed Boris Johnson is still more popular than Liz Truss and Rishi Sunak. Figures released by YouGov shows Liz Truss has 66 per cent Tory members’ support compared to Rishi Sunak, on 34 per cent. The 32-point lead however pales [...]
Matalan founder Hargreaves guns for outright ownership of retailer August 21, 2022 Fashion retailer Matalan is facing a battle between its lenders and its founder over its ownership as a deadline for refinancing looms. According to a report in Sky News, the retailer’s chairman John Hargreaves has proposed pumping tens of millions of pounds into the clothing firm. Hargreaves is reportedly hoping to retain outright control of [...]
Truss vows to slash taxes for SMEs and to unleash ‘business revolution’ August 21, 2022 Liz Truss has promised to slash taxes for British SMEs and unleash a “business revolution” in the UK if she is crowned Prime Minister next month. Truss said that her government would “back business to deliver” and “stop putting so much red tape, so much tax on business”. The foreign secretary told The Sun On [...]
Watch the trailer for Sky dramatisation of Boris Johnson’s first days in office battling Covid, Brexit and controversy August 19, 2022 As Boris Johnson enters his final few weeks in Number 10, the trailer for a new Sky drama detailing his first months in office has been released. BAFTA and Academy Award-winner Kenneth Branagh portrays the flamboyant prime minister in the tumultuous early stages of his term, as he battles the first Coronavirus wave, Brexit and [...]
Dire economy drags UK consumer confidence down to lowest level ever August 19, 2022 “Exasperation” with the plight of the UK economy has eroded consumer confidence to the lowest level ever, reveals a closely watched survey published today. Households are being downtrodden by a string of bleak economic news, uncertainty over how they will cope with sky-high energy bills during the winter months and sharp fall in spending power. [...]
Discovery dumps stake in GB News as it claws £60m investment August 18, 2022 GB News has secured £60m in investment in a new ownership arrangement, which sees Warner Bros. Discovery dump its stake in the firm.
Going old school: why new media’s rise is far from inevitable August 18, 2022 Ian Whittaker is twice winner of the City A.M. Analyst of the Year, a long-standing Square Mile media analyst and founder of advisory firm Liberty Sky Advisors The last 12 months has been a brutal one for many of the most high-profile names in the Media space. According to a recent FT piece, nearly $400bn [...]
Our kids are getting their news from TikTok – and Putin is using it against us August 17, 2022 Every year, telecoms regulator Ofcom releases a survey on how people consume the news. This year’s winner was TikTok, the fastest growing news source between 2020 and 2022. In the UK, the Chinese-owned app was as popular for news as Sky News’ website and app. Among teenagers in particular – those between 12 and 15 [...]
Frankenstella on a frightening mark in Stayers Handicap August 16, 2022 THERE are plenty of trappy looking handicaps at York over the next four days, but the best bet on the opening day could be in the Sky Bet Stayers Handicap (4.10pm). Recent Goodwood winner Master Milliner and in-form Soapy Stevens will be popular at the top of the market but I’m not sure the first [...]