21st Century Fox takeover of Sky unlikely to be blocked by regulators, say media analysts December 10, 2016 Media analysts do not believe regulators would block a takeover of Sky by Rupert Murdoch’s 21st Century Fox. Fox said last night it had reached an agreement in principle to acquire the 61 per cent of Sky it does not already own for £10.75 per share. This would value Sky at £18.5bn. Murdoch’s News Corporation [...]
At the close: FTSE 100 boosted by late Sky surge on 21st Century Fox takeover bid December 9, 2016 The FTSE ended the week looking very healthy indeed – its best week since July. It was up 22.66 points to 6,954.21 bolstered by a Sky surge. US media firm 21st Century Fox tabling a takeover bid for Sky of £10.75 per share in cash, prompted shares to rise sharply. Sky’s share price shot up [...]
Jump in a sea kayak and take to the iceberg infested fjords of Greenland December 9, 2016 The iceberg looming above me is the size of an apartment block, yet despite its enormity the frozen seascape is eerily silent. I am sitting in my kayak with eight other paddlers in one of Greenland’s enormous Arctic fjords. All that breaks the calm is the snap, crackle and pop of the ice. Then, as [...]
21st Century Fox in talks to buy Sky, valuing UK firm at £18.5bn December 9, 2016 Sky’s share price leapt by more than 30 per cent on Friday afternoon after the company said it was in talks to be taken over by Rupert Murdoch's 21st Century Fox. The directors of both companies have reached an agreement at £10.75 per share in cash – putting an overall value of Sky at £18.5bn. Fox [...]
Who said millennials don’t want to climb the property ladder? December 9, 2016 In the 1960s and 1970s architects designed a maze of gigantic housing estates stretching from Elephant and Castle to Peckham. When the buildings were complete, you could walk from the Aylesbury Estate near Elephant and Castle to the North Peckham estate via the Elmington Estate in Camberwell using elevated pedestrian walkways without ever touching the [...]
Millennials don’t want build to rent. They want to buy homes like everyone else December 9, 2016 In the 1960s and 1970s architects designed a maze of gigantic housing estates stretching from Elephant and Castle to Peckham. When the buildings were complete, you could walk from the Aylesbury Estate near Elephant and Castle to the North Peckham estate via the Elmington Estate in Camberwell using elevated pedestrian walkways without ever touching the [...]
Horse racing betting tips: Japanese raiders look set to take Hong Kong by storm December 8, 2016 SHA TIN Racecourse in Hong Kong stages its glittering Longines International meeting on Sunday morning. The good news for racing fans in this country is that for the first time Racing UK (Sky channel 432) will show Sunday’s meeting, as well as racing from both Sha Tin and Happy Valley going forward. Those early risers [...]
Transport for London hits out at government for failing to share air quality information relating to Heathrow expansion December 8, 2016 Transport for London (TfL) has criticised the government for failing to share key information on Heathrow expansion. Speaking at a London Assembly Transport Committee meeting on Thursday, Alex Williams, acting managing director of planning at TfL, said: "There is an ongoing issue that pre any legal challenge, we have asked for a regular series of [...]
Byron Hamburgers to get new big cheese chairman in former Morrisons boss Dalton Philips and new chief exec December 7, 2016 There will be a new chair at the table at Byron Hamburgers this week, when former Wm Morrison boss Dalton Philips will be appointed chairman of the up-and-coming restaurant chain. The appointment could come as soon as tomorrow, Sky News reported. It will be Philips' biggest corporate role since leaving the supermarket at the beginning [...]
PlayStation VR review: An affordable entry into the world of virtual reality entertainment December 7, 2016 The PlayStation VR has made a right mess of my living room. Sony’s new headset requires the use of roughly seven thousand bits of cable, which snake and coil around your TV and your console and your neck like rubbery snakes. Truly, I have never felt more at risk of accidental self-strangulation than when reviewing [...]