Ministers postpone junk food advertising and ‘buy one get one free’ curbs amid cost of living crunch May 14, 2022 As the cost of living crunch sets in, ministers have delayed their plans to ban multi-deal buys on junk food in its quest to clamp down on childhood obesity.
BT’s Warner tie-up screams streaming opportunity for investors May 12, 2022 BT confirmed its new sports joint venture with Warner Bros Discovery for the UK and Ireland this morning, shifting focus away from its mediocre results and onto a brighter future.
The City View: Subpar UK economic figures, and more rate hikes to come May 12, 2022 Today Andy Silvester talks to City A.M.’s Economics and Markets reporter Jack Barnett. They go through the gloomy economic figures released by the ONS this morning measuring the economy’s performance, and explain what this will mean for rate hikes going forward. And in the news: BT has confirmed a joint sports venture with Warner Bros [...]
Octopus backs plans to build the world’s largest subsea power cable to power seven million homes May 12, 2022 Octopus is backing Xlinks' plans to build the world’s largest subsea power cable to deliver renewable energy from Morocco to the UK.
Goodyear blimp to cruise over central London today May 12, 2022 The iconic Goodyear blimp will be seen in the skies above London today and tomorrow. The world’s most famous tyre advert is set to make an appearance above a host of London landmarks. A fixture at major US sports events, the blimp will also be making an appearance at a motor racing event at Brands [...]
BT teams up with Warner Bros for new sports venture in UK and Ireland May 12, 2022 BT Group has agreed to form a new sports joint venture with Warner Bros Discovery in the UK and Ireland. The telecoms giant confirmed the deal as it also reported that trading is “on the right track” despite a dip in revenues for the past year. In February, BT said it was in exclusive negotiations [...]
D-Day for Brexit deal as UK and EU hold crunch talks after Boris Johnson calls Northern Ireland discussion ‘crazy’ May 12, 2022 As ministers consider whether to override parts of the post-Brexit deal on Northern Ireland, Foreign Secretary Liz Truss will hold crunch talks with the vice president of the European Commission in the coming hours. Attorney General Suella Braverman is said to have approved the scrapping of swathes of the agreement, giving Boris Johnson legal cover [...]
Beauty Bay eyes outright sale after ditching London IPO plans May 11, 2022 Online marketplace Beauty Bay has recruited bankers to look at options including a sale, after previously eyeing a London listing. Beauty Bay has reportedly hired Threadstone Capital to advise it as it mulls options including a full or partial sale, or snapping up other firms to further its expansion ambitions. The beauty platform is now [...]
Michael Gove: There won’t be an emergency budget to tackle the cost of living crisis May 11, 2022 Levelling Up Secretary Michael Gove has insisted there will not be an emergency budget to deal with the cost of living crisis. The minister made his comments on Sky News this morning after the prime minister told the Commons yesterday, that Rishi Sunak would be “saying more” on the UK’s response to rising inflation and [...]
Scrap National Insurance hike to ease cost of living, says Khan May 10, 2022 BORIS Johnson should cut National Insurance contributions in a bid to ease the cost of living, Sadiq Khan has said during a trip to the US. The Queen’s speech, delivered today, did not include further measures to ease the burden of sky-high gas prices and the Prime Minister warned that “we cannot spend our way [...]