Rivals hit back at BT criticism of their campaign August 16, 2016 BT rivals – TalkTalk, Sky, and Vodafone – have hit back following BT boss Gavin Patterson’s complaints over their Fix Britain’s Internet campaign. In a letter signed by Sky chief executive Jeremy Darroch, Jeroen Hoencamp, the outgoing head of Vodafone UK, and TalkTalk CEO Dido Harding, the bosses rail against the level of BT’s spending [...]
Direct Line abandons plan to offload part of its pension scheme August 16, 2016 Direct Line has abandoned the potential offload of part of its pension scheme, following the conclusion of an internal review. It was part of a defined benefit (DB) scheme — in which monthly payouts are linked to an employee's final salary — going back to when the insurer was wholly owned by the Royal Bank of Scotland. Direct Line [...]
Arsenal identify alternative transfer targets as negotiations with Valencia for Shkodran Mustafi hit a snag August 16, 2016 Arsenal have identified two alternative centre-backs to target after transfer negotiations for Shkodran Mustafi appeared to have hit a snag. Arsene Wenger is on the hunt for defensive reinforcements after captain Per Mertesacker and fellow centre-back Gabriel were both ruled out with injury for four months and six to eight weeks respectively. German international Mustafi is the Gunners' priority but they are yet [...]
Why Mallorca is up there with Tuscany as one of Europe’s top retreats August 15, 2016 In the first half of the 20th century, Mallorca was a relatively poor island, its inhabitants eking out a largely pastoral existence. But the Balearics, which include Mallorca, Minorca, Ibiza and Formentera, boast some of the most stunning scenery in the world, especially the former, by far the biggest of the four main islands, which [...]
A tale of two cities: Sales of London new-build homes have plunged as sky-high prices put off buyers August 15, 2016 New research suggested sales of new-build homes in London have almost halved – despite the fact the city is in the grip of a housing crisis. Research by London Central Portfolio (LCP) using figures from the Land Registry has shown only 1,491 new-builds in inner London have been sold so far in 2016 – 43 per cent [...]
Barter for a living: Astus co-founder Frances Dickens talks media barter, tackling China and risk aversion August 15, 2016 "I can't think of anything more stupid than setting up my own media barter company,” says Frances Dickens candidly. “But it has worked.” Since 2003, the Astus co-founder and her partner Paul Jackson have grown Astus into the largest barter company in the UK, Ireland and Australia, and with it, the size of the market [...]
Sky plots Spain launch as online TV war escalates August 14, 2016 The battle for control of the growing online streaming market is heating up as Sky prepares to launch Now TV in Spain. It’s understood Sky plans to use Spain as a springboard in to other European markets if the Spanish launch is a success. Now TV will be competing directly with US streaming site Netflix in [...]
City groups want “the right Brexit deal – not the quickest one” August 14, 2016 City groups are unconcerned by the prospect of a delayed departure from the European Union, urging the government to get the terms of Brexit right for business. “Brexit is permanent, so what difference does a few months’ delay at the beginning of the process make?” an Institute of Directors spokesperson told City A.M. after it [...]
After the whistle: Premier League clubs have been busy monetising content this summer which Sky, BT Sport and the BBC would eagerly compete for August 12, 2016 In recent weeks, Sky Sports has had David Beckham running through the streets taking in 10 months of Premier League footballing drama. But the UK’s top flight tournament is no longer seasonal. Over the summer, fans have been assiduously following transfer news and international friendlies with a new level of fervour. And Premier League clubs [...]
Channel 4 and Sky invest in startup selling British TV content overseas August 11, 2016 Channel 4 and Sky have made a joint investment in an online startup service aiming to boost British TV sales abroad. Dial Square 86, the holding company for the RightsXchange (TRX), today announced the pair had invested in the company’s latest financing round, which will raise up to £5.2m. Read more: Peppa Pig maker turns down [...]