Hunt backed BSkyB deal before he judged the bid May 24, 2012 DAVID Cameron faced fresh questions over his judgment last night after it emerged he knew Jeremy Hunt was an enthusiastic backer of News Corp’s £8bn bid for BSkyB when he asked the culture secretary to decide on the deal. The Prime Minister gave Hunt a quasi-judicial role in December 2010 after Vince Cable, the business [...]
O’Brien still tight-lipped on Investec Derby team identity May 24, 2012 AIDAN O’Brien still remains reluctant to confirm the exact make-up of his Investec Derby team, although he confirmed yesterday at Epsom’s ‘Breakfast with the Stars’ that his teenage son Joseph would be on hot favourite Camelot a week tomorrow. The master of Ballydoyle gave nothing more away via telephone link other than the fact that [...]
Cavendish extends points lead May 24, 2012 CYCLING: Team Sky’s Mark Cavendish tightened his grip on the Giro d’Italia points jersey despite losing a sprint finish to the 18th stage. Italian Andrea Guardini beat the Manxman, who extended his lead over Joaquim Rodriguez to 29 points.
Sky Movies is cleared in probe thanks to Lovefilm and Netflix May 23, 2012 SATELLITE broadcaster BSkyB no longer dominates the pay-TV movie market following the arrival of new entrants Lovefilm and Netflix, the competition watchdog said yesterday in a reversal of its initial findings. But the decision drew angry responses from Sky’s main rivals BT and Virgin, who said its Sky Movies channel reduces competition. Laura Carstensen, chairman of the [...]
HMV mulls potential break-up of its live entertainment arm May 21, 2012 MUSIC chain HMV is said to be considering a break up of its live entertainment business as it struggles to drum up interest from bidders for its festivals arm. Earlier this year, HMV hired bankers at Citigroup to find a buyer for its profitable HMV Live division, which runs 13 music venues and stages five [...]
Ryanair says fuel prices will drive down profits May 21, 2012 BUDGET airline Ryanair yesterday announced record profits of €503m (£406m) for the year to March 2012, an increase of a quarter on a like-for-like basis. But the Dublin-based firm said that this would be the last year of expectation-beating profit rises and warned that returns could drop by as much as 20 per cent during the next [...]
Sky could win reprieve over pay TV probe May 20, 2012 THE COMPETITION Commission is to publish a preliminary report this week suggesting that BSkyB’s dominance in the pay-TV movie market has been weakened by new entrants, reducing the need to impose restrictions, it is understood. Following the entry of Amazon-owned LoveFilm and fellow US operator Netflix into the market – which both offer films online and [...]
London Heathrow retains top spot as Europe’s busiest airport May 14, 2012 LONDON Heathrow was Europe’s busiest airport in 2010, handling 66m passengers, ahead of Paris’ Charles de Gaulle and Frankfurt’s Main airports, figures released by the European Union show. This was in stark contrast with Stansted, London’s third biggest airport where traffic fell by seven per cent in 2010 – the second largest decline in passenger [...]
Time to buy your tickets for our special trading event May 8, 2012 IT IS safe to say that social media is now a key tool in today’s markets – helping you to trade. However, there are dangers too. Here are my top five tips for using social media to trade – a taster for the trading show on 24 May. 1 OPEN YOUR EYES Don’t blindly follow others [...]
Kelvin takes on Murdoch’s Sky sport channels May 7, 2012 KELVIN MacKenzie, the ex-editor of The Sun, will today march into battle against BSkyB, potentially going head to head with its majority owner and his former employer Rupert Murdoch. Sports Tonight, the TV channel founded by MacKenzie, will today challenge the exclusive broadcast agreement between BSkyB and the Football League by lodging a complaint with [...]