Better together: How media firms are teaming up to take on tech November 30, 2019 The media industry is in flux and embattled publishers and broadcasters are banding together. But will it be enough to fend off the might of big tech? In Succession, the hit HBO show about a crumbling media dynasty, virtually every conversation is a power struggle. But for ageing patriarch Logan Roy, a thinly-veiled Rupert Murdoch, [...]
Police kill man wearing hoax explosive device in London Bridge terrorist incident November 29, 2019 Police have shot and killed a man wearing a hoax explosive device after multiple people were injured during a terrorist incident on London Bridge this afternoon. The Metropolitan Police said “a number of people have been stabbed” during the incident, following reports circulating on social media of multiple stabbings. Met commissioner Neil Basu said one [...]
Natwest and RBS down: Outages hit online banking and mobile apps on Black Friday November 29, 2019 RBS and Natwest’s mobile apps and online banking services suffered intermittent problems today, with customers taking to Twitter to complain. “Our Online Banking, mobile app and Bankline are currently facing intermittent problems,” Natwest told customers on Twitter. “We’re working hard getting them back up and running smoothly for you. We’ll post an update when we [...]
Daily Mail owner buys i newspaper for £50m November 29, 2019 The owner of the Daily Mail has snapped up the i newspaper for £49.6m, bringing to an end part of a drawn-out sales process by publishing group JPI Media. The Daily Mail and General Trust (DMGT), which also owns Metro, announced the acquisition in a short statement released today. Read more: Publishing group Reach pulls [...]
Who’s buying UK shares and what does it tell us? November 29, 2019 High demand for UK-quoted companies from large and experienced buyers suggests other investors may be overlooking an opportunity. Will a UK general election on 12 December help break the Brexit stalemate? Possibly, possibly not. The ongoing uncertainty means investors of almost every stripe remain cautious about buying UK equities (shares). I stress ‘almost’ because some [...]
FTSE 100 opens lower as trade war worries weigh November 29, 2019 The FTSE 100 opened lower this morning as escalating trade tensions between the US and China took their toll. London’s blue-chip index was down 0.5 per cent in early trading, as stuttering trade talks were compounded by a lack of economic data or earnings. Read more: EU and UK feel the pain as global pain [...]
Inside Amazon’s Black Friday operations hub: How the e-commerce giant prepares for its busiest day of the year November 29, 2019 Where could be a better place to witness the behind-the-scenes impact of Black Friday than at the heart of Amazon’s UK warehouse operations? Some of the credit – or perhaps, blame – for the annual shopping event’s popularity in Britain surely lies with the US e-commerce giant. The fulfilment centre – which is the size [...]
Mother Nature means business: Why leaders need ‘feminine’ qualities November 29, 2019 The business world has come a long way in celebrating and enabling gender equality. But while there might be more women entering the boardroom, we’re still a long way from achieving truly equal representation in the workplace — especially at a senior level. The problem is that while we’re more comfortable with having women take [...]
Napoleonic cellars and Peaky Blinders: How the old merchants of St James’s Street are fighting to stay relevant November 28, 2019 Reserved, polite and unashamedly old-fashioned, the shop-owners of St James’s Street do not offer many similarities with the brash retail bosses we so often see in the news. Unlike Mike Ashley or Sir Philip Green, they are not waging takeover wars or stirring up corporate controversies. They are cautious in their ambitions, and conservative in their tastes. But just [...]
Belgian media group Mediahuis ‘interested’ in Telegraph titles November 28, 2019 Belgian media group Mediahuis is said to be interested in a potential purchase of the Telegraph newspapers, which have been put up for sale by the billionaire Barclay brothers. Chief executive Gert Ysebart said that while no formal discussions have taken place, his company is looking for acquisitions. Read more: Ex-Donald Trump strategist Steve Bannon [...]