BT Group ‘leads push for timetable’ on Britain’s big broadband switch September 18, 2019 BT Group and other broadband infrastructure firms are said to be holding talks with the government about a timetable for switching off copper broadband services. In a move that would echo the switch-off of analogue TV signal in 2012, BT is reportedly spearheading the initiative, which has been under discussion with other firms, regulators and [...]
World will have twice as many planes in the skies in 20 years, says Airbus September 18, 2019 The world will have twice as many passenger jets in 2038 as are currently in the skies, Airbus forecast today, as the plane maker raised concerns over a potentially damaging tariff war between the EU and the US. The European plane maker has hiked its forecasts for jet plane demand to 47,680 aircraft by 2038, [...]
Short-term let adverts banned from Tube following outcry September 18, 2019 Adverts that promoted short-term lettings in the capital have been banned from the Transport for London (TfL) network following criticism from campaigners. London mayor Sadiq Khan was urged to crack down on adverts across the Tube by firms that encouraged landlords to flout the 90-day annual limit for short-term lettings in London. Read more: Overcrowding [...]
Sports Direct notifies business department as it continues auditor hunt September 18, 2019 Sports Direct has notified the Business, Energy and Industrial Strategy (BEIS) department that it is tendering for a new auditor after Grant Thornton declined to be reappointed at its annual meeting last week. Sports Direct does not have an auditor following Grant Thornton’s withdrawal from the role. Read more: Mike Ashley survives shareholder vote at [...]
Ousted Stobart Group boss ‘preparing bid for Eddie Stobart’ September 17, 2019 The ousted former chief of Stobart Group, Andrew Tinkler, is said to be gearing up for a raid on struggling haulage firm Eddie Stobart Logistics. Tinkler has reportedly told advisers to the firm that he is interested in taking part in a refinancing of the firm, which could include making an offer for it. The [...]
Sky and Channel 4 sign advertising deal as streaming threat looms large September 17, 2019 Channel 4 has signed a deal to use Sky’s advertising technology as the broadcasters strengthen ties amid growing competition from streaming rivals. The two companies today announced a multi-year deal that will see Channel 4 use Sky’s Adsmart platform to deliver targeted ads on its linear channels. Read more: Ofcom clears Channel 4 News over [...]
Justice secretary Robert Buckland evades questions over prorogue plans September 17, 2019 Justice secretary Robert Buckland has refused to say whether parliament would be recalled if the Prime Minister loses at the Supreme Court this week. Two separate legal cases challenging the legality of Boris Johnson’s move to prorogue parliament for five weeks are being heard in Westminster. Former Prime Minister Sir John Major is among those [...]
Ranked: The most popular employers for UK tech talent September 17, 2019 Monzo, Skyscanner and the BBC are the most desirable companies to work for among UK tech talent, according to a survey published today. The survey, compiled by recruitment firm Hired, revealed fintech firms remain among the most attractive employers for techies, with Transferwise, Starling Bank and Revolut all making it into the top 10. Read [...]
City Fibre ‘set to announce former National Grid CEO as new boss’ September 16, 2019 City Fibre, the ultrafast broadband network which is competing to become the biggest UK rival to BT, is said to be gearing up to announce the former chief executive of National Grid as its new chairman. Steve Holliday, who was well-thought-of by investors while at the helm of the energy infrastructure firm, has reportedly agreed [...]
Lord Livingston to step down as chair of Man Group September 16, 2019 Man Group confirmed today that its chair is to step down, making way for the ex-boss of Deutsche Bank as part of the latest boardroom shake-up inside the world’s largest listed hedge fund. Former BT boss Lord Livingston of Parkhead is to resign as chair of the FTSE 250 firm at the end of this [...]