BT executive appointed by government to scrutinise tech regulation January 26, 2020 A senior BT executive will run a new body that looks at regulation in technology and artificial intelligence (AI). Cathryn Ross, the group’s director of regulatory affairs, will chair the government’s new Regulatory Horizons Council, first reported by Sky News. The body, which is still being set up, will scrutinise whether tech regulation is keeping [...]
Priti Patel: British businesses too reliant on ‘cheap labour’ from the EU January 26, 2020 Home Secretary Priti Patel has accused British businesses of being too reliant on “low skilled” and “cheap” labour from the EU, calling on firms to “invest in the British public”. Speaking to Sky’s Sophy Ridge programme this morning, Patel said the points-based immigration system the government plans to introduce after Brexit would “put a spotlight [...]
UK to set out EU free trade deal objectives next month, says Brexit secretary January 26, 2020 Britain will outline more details about its objectives for a free trade deal with the European Union next month after leaving the bloc on Friday, Brexit Secretary Stephen Barclay said. “We are going to publish our objectives for the negotiation… in due course after the 31st,” he told the BBC’s Andrew Marr this morning. Barclay [...]
Sky poised to sign streaming deal with Disney January 26, 2020 Sky is said to be close to signing a deal with Disney to bring the US giant’s new streaming service to its pay-TV platform. The two companies are finalising a multi-year tie-up that could shut out rivals Virgin Media and BT, the Sunday Telegraph reported. Disney Plus is expected to launch on Sky alongside its [...]
Audit regulator proposes challenger firms get larger share of the work January 25, 2020 The Financial Reporting Council (FRC) has proposed a regime to the government that would see challenger firms outside the so-called big four auditors be given a substantial proportion of the audit work of major British companies. The accounting regulator has drawn up plans behind closed doors that would require all but the very biggest FTSE-350 [...]
Vodafone ranked ‘worst’ UK mobile and broadband provider January 24, 2020 Vodafone is the UK’s most complained about provider for broadband, landline and mobile, according to regulator Ofcom. The firm topped the broadband complaint charts for the second quarter in a row, between July and September last year. The Ofcom report said thousands of customers had complained to them regarding the supplier’s poor customer service, faulty [...]
Javid dismisses Ryanair complaint over Flybe rescue package January 24, 2020 Chancellor Sajid Javid has insisted that embattled airline Flybe has not received state aid to ensure its survival. In a letter to Ryanair chief executive Michael O’Leary, Javid said that the decision to defer Air Passenger Duty (APD) for Flybe was a “standard ‘Time to Pay’ arrangement…because of their short-term difficulties”. The chancellor’s letter, which [...]
Comcast hikes dividend as broadband boost pushes up revenue January 23, 2020 Comcast today said it had ramped up its dividend after reporting a rise in both revenue and profit in the fourth quarter. The US media titan posted revenue of $28.4bn (£21.6bn), up two per cent on the same period last year, while earnings before interest, tax, depreciation and amortisation rose three per cent to $8.4bn. [...]
British officials recommend ‘limited’ 5G role for Huawei January 23, 2020 British officials have reportedly recommended granting Huawei a limited role in the UK’s 5G network, despite US calls for a complete ban over security fears. The recommendation was made at a meeting of senior government officials and security chiefs this morning, Reuters reported, citing people with knowledge of the matter. It comes ahead of a [...]
Britain will make Huawei decision soon, says Leadsom January 23, 2020 Britain will soon decide what role Huawei will have in its 5G network but there are only a limited number of alternative providers, Andrea Leadsom said today. The business secretary told Sky: “Ideally there would be more providers of infrastructure similar to the work that Huawei does but the UK is looking very carefully at [...]