News channels to be given new freedoms to broadcast sentencing hearings July 27, 2022 Broadcasters will be given new freedoms to film and broadcast Crown Court judges’ sentencing remarks, after a new law comes into force tomorrow morning. The UK’s biggest broadcasters will be given the right to broadcast statements made by Crown Court judges during sentencing hearings, both online and on TV. Under the new rules, TV news [...]
CBI: Consumer spending smashes expectations, but deeper dip may be on the way July 26, 2022 Consumer spending is defying expectations and holding up better than feared amid sky high inflation, a new survey published today reveals. Retail sales volumes dipped to net a balance of minus four per cent this month, slightly lower than June, according to the Confederation of British Industry (CBI). But, the marginal drop was much better [...]
JD Sports set to announce former B&Q executive as new CEO July 26, 2022 A former boss at B&Q is being touted to take the reins at JD Sports Fashion to replace the brand’s long-term CEO who stepped down over board disagreements. Frenchman Regis Schultz is set to take over at the sportswear fashion giant according to Sky News’ Mark Kleinman. City sources said the agreement could be signed [...]
TalkTV reaches only three per cent of Brits despite hefty investment July 25, 2022 TalkTV reaches only three per cent of the UK viewing population per month for an average visit length of eight seconds, according to data from Broadcasters’ Audience Research Board (BARB). As first reported by the Press Gazette, the Rupert Murdoch-backed channel has struggled to get off the ground, despite heavy investment in studio space and big [...]
Barclays takes stake in crypto firm Copper July 24, 2022 Barclays is snapping up a stake in the crypto firm advised by former chancellor Lord Hammond in a fresh funding round, according to reports today.
Insolvency Service writes to Greensill’s execs as part of investigation July 23, 2022 The Insolvency Service has written to Greensill’s executives as it investigates whether to disqualify them as company directors. The agency sent questions to Greensill’s founder Lex Greensill and another former colleague, Sky News’ Mark Kleinman reported. Former chairman Maurice Thompson and former finance director Neil Garrod might also have been contacted. “As part of our [...]
EY calls in Rothschild to advise on break-up plans July 22, 2022 EY has drafted in Rothschild to advise on its $80bn break-up, City sources have suggested. As first reported by Mark Kleinman for Sky News, the British arm of the accountancy behemoth has brought in Rothschild to advise on the implications of a splitting its audit and consulting businesses. Sources have suggested that the move could [...]
Investment behemoth Hilco Capital joins race to snap up Paperchase July 22, 2022 Former HMV-owner Hilco has joined the race to snap up Paperchase, according to City sources.
Summer getaway: Dover ‘critical incident’ blamed on French border staff being ‘woefully inadequate’ July 22, 2022 Dover authorities have slammed “woefully inadequate” staffing levels at the French border, with queues on UK motorways tailing back for miles. Ferry operators told travellers to leave several hours to account for delays, while motoring group RAC urged drivers to set off early in a bid to beat long queues. There was a perfect storm [...]
BT Sport and Sky Sports consult on freelancer day rates as watchdog continues probe on ‘cartel’ July 21, 2022 BT Sport and Sky are said to have consulted on day rates for freelancers just as the UK competition watchdog continues its investigation into potential collusion in sports broadcasting.