Mark Kleinman: What’s next for BT and the City’s ugliest row of 2023 July 13, 2023 Mark Kleinman, City editor of Sky News, writes fortnightly for City A.M. Germans could be on the line at Jansen-less BT Hanging-up time is fast-approaching for Philip Jansen, whose plan to step down as CEO of BT Group next year – revealed by me last weekend – was confirmed on Monday. Sources have told me [...]
Our mobile network is unsafe but Ofcom won’t be able to fix it by itself July 5, 2023 Cyber-attacks on mobile phones are dangerous because they exploit the vulnerabilities of the network itself. To stop them, Ofcom needs help from governments and businesses, writes John Hughes
New Online Safety Bill sparks privacy and national security concerns among public July 4, 2023 The draft Online Safety Bill (OSB) has sparked security and online privacy concerns according to a new survey – although Ofcom has brushed off the scrutiny. Under the new OSB, which is in its final stages of passing through parliament, authorities could force communication providers like WhatsApp to scan online messages sent in the UK [...]
‘Be a better neighbour’: BBC warned its digital expansion will ‘wreak untold damage’ for local news outlets July 4, 2023 Local news outlets are pleading for government intervention in the BBC’s plans to digitally expand, saying it will decimate an already struggling industry. Independent publishers such as News Media Association, Bristol Post, and The Northern Echo have said the nation’s license fee-funded broadcaster needs to ‘be a better neighbour’ and rethink its plans to grow [...]
Vodafone CEO: A merger with Three isn’t a threat to national security or competition June 30, 2023 Vodafone chief executive Ahmed Essam has defended plans to merge with Three.
Mark Kleinman on banks, Ocado and London’s IPO market June 29, 2023 Mark Kleinman is City editor at Sky News Politics could push ministers to punish banks This is a cost of living crisis, not a banking crisis: if I had a fiver for every time a senior bank executive had said that to me over the last 18 months, I’d never need another mortgage of my [...]
Hunt unveils measures to ensure customers get fair pricing June 28, 2023 Chancellor Jeremy Hunt has drafted an action plan with authorities to ensure customers are being facing fair prices during the cost of living crisis. Hunt sat down with the Competition and Markets Authority (CMA), and the regulators for the energy, water and communications sectors, early on Wednesday 28 June at 11 Downing Street. He was [...]
Supermarkets behaving badly: Asda and Morrisons bosses back ‘transparent’ fuel pricing model June 27, 2023 Supermarkets bosses have been grilled by MPs on prices at the pump and agreed to consider entering into a fuel model which would give more transparency. The government has been mulling a scheme whereby petrol stations would have to share live prices in efforts to bring more price transparency for drivers – a similar system [...]
Jeremy Hunt to meet CMA, Ofgem, Ofwat and Ofcom over ‘profiteering’ concerns June 26, 2023 Jeremy Hunt will ask industry regulators what they are doing about any companies exploiting rampant inflation by raising prices. The Chancellor is set to meet the Competition and Markets Authority (CMA), and the watchdogs for energy, water and communications on Wednesday. He will press them on whether there is a profiteering problem in their sectors [...]
Return to sender: Union suspends Royal Mail pay deal over ‘toxic’ environment May 24, 2023 A pay deal that helped end months of strike action at Royal Mail is at risk of falling apart after the Communication Workers Union (CWU) said today it would suspend its upcoming vote on the agreement over concerns with the company’s “toxic” working environment. The agreement, struck last month, included a 10 per cent salary [...]