Watchdog dismisses concerns that music streaming causes harm to artists and backs consumer choice July 26, 2022 The UK competition watchdog has found that music streaming delivers good outcomes for consumers and dismisses concerns that the concentrated market is causing harm or driving the issues raised by artists.
Sir Craig Reedie interview: Inside London 2012 and why Olympics was value for money July 25, 2022 If you lived through the London 2012 Olympics then you will probably remember where you were for its most spectacular or poignant moments – Super Saturday, Danny Boyle’s vivid opening ceremony, Andy Murray winning tennis gold – and Sir Craig Reedie is no different. But while the former chairman of the British Olympic Association, one [...]
‘Just me then?’ Rishi Sunak agrees to Andrew Neil grilling on Channel 4 but Liz Truss refuses to come July 25, 2022 Channel 4 said this afternoon that former Chancellor and Tory leadership hopeful Rishi Sunak has agreed to be interviewed by veteran political journalist Andrew Neil. However, his main rival – Liz Truss – has declined, the channel confirmed. The former chancellor will be grilled live at 7.30pm on Friday on the network, where Neil hosts [...]
Twitter blames Musk for declining revenue July 22, 2022 Twitter has blamed Elon Musk for its revenue decline in the second quarter as the social media firm feels the strain of failed takeover talks. Revenue dropped one per cent year-over-year to $1.18bn, falling short of the projected $1.32bn. While the social media titan blamed the challenging macroeconomic environment for the revenue dip, it also [...]
Summer getaway: Dover ‘critical incident’ blamed on French border staff being ‘woefully inadequate’ July 22, 2022 Dover authorities have slammed “woefully inadequate” staffing levels at the French border, with queues on UK motorways tailing back for miles. Ferry operators told travellers to leave several hours to account for delays, while motoring group RAC urged drivers to set off early in a bid to beat long queues. There was a perfect storm [...]
Competition watchdog green lights BT and Warner Bros sports broadcasting tie-up July 22, 2022 The UK competition watchdog has given the BT Group and Warner Bros. Discovery joint venture the green light.
Our public services are losing money to haphazard ‘social value’ procurement July 22, 2022 Public procurement is a third of all government spending, a tenth of the entire economy, yet it is a topic that attracts almost no media attention. Discussions of procurement are rare and typically only get attention when something goes wrong, like the controversy around PPE contracts during the pandemic. Think of it this way, for [...]
BT Sport and Sky Sports consult on freelancer day rates as watchdog continues probe on ‘cartel’ July 21, 2022 BT Sport and Sky are said to have consulted on day rates for freelancers just as the UK competition watchdog continues its investigation into potential collusion in sports broadcasting.
The Elon Effect: Musk’s influence is waning over crypto July 21, 2022 Elon Musk has clearly lost his powers over the price of cryptocurrencies - and we should welcome this news, says Nigel Green.
In cryptocurrency, the market is always the greatest teacher July 21, 2022 Umesh Perera says we should remind ourselves that the cryptocurrency market has shown us the technology works.