Outernet signs deal for ‘world’s largest’ LED screen deployment November 18, 2019 Outernet, a new immersive advertising and live entertainment space under construction in central London, has secured a deal to install the world’s largest deployment of LED screens. Outernet today said it has signed an agreement, understood to be worth millions of pounds, with Chinese display manufacturer AOTO to provide 8K, 360-degree floor-to-ceiling screens. Read more: [...]
Sajid Javid: My pitch to the businesses of Britain November 18, 2019 Britain’s 6m businesses are the lifeblood of our economy. They have driven employment to record highs, with wages outstripping inflation. And they have made our country a hotbed of furious innovation in products and services. We would all like to see higher economic growth — after a decade of recovery from the last Labour government [...]
You just can’t keep the staff these days… November 18, 2019 As we enter the next phase in political campaigning, and Christmas parties are interrupted by the forthcoming election, HR departments might want to brace themselves for the next potential wave of uncertainty. According to 16,000 UK workers recently surveyed by Totaljobs and Universum, over half of employees expect to move jobs in the next 12 [...]
Arcuri blasts Prime Minister for treating her like ‘one night stand’ November 17, 2019 US tech entrepreneur Jennifer Arcuri has accused the Prime Minister of casting her aside “like a gremlin” and treating her as “some fleeting one night stand”. Arcuri addressed the Prime Minister directly in an interview with ITV’s Exposure on Sunday evening over their alleged relationship. “I’ve kept your secrets, and I’ve been your friend… I [...]
It’s the Davis Cup, but not as we know it: the lowdown on the ‘world cup of tennis’ taking place in Madrid November 17, 2019 After 118 years of the Davis Cup being played over the duration of the tennis season, this week it is replaced by a new version that is decided over just seven days. The revamp will some of the world’s best players compete for 18 countries in Madrid in a format designed to equate to a [...]
Labour hasn’t factored BT’s pensions black hole into its nationalisation plan November 16, 2019 Here’s a riddle: how do you spend several billion pounds of taxpayers’ money and get nothing but a bunch of smiling accountants in return? The answer: tear Openreach out of BT, as Ofcom attempted a few years ago and Labour now proposes as part of its plan to nationalise the provision of ultrafast broadband. Read [...]
Four reasons to fear Labour’s plan to part-nationalise BT November 15, 2019 British businesses today poured scorn on Labour’s plans to provide Brits with free broadband and part-nationalise BT, slamming the policy as a major setback for the UK’s digital economy. Labour leader Jeremy Corbyn has set out plans to nationalise BT’s full-fibre arm, Openreach, along with other divisions, funding it by taxing multinational tech giants. Read [...]
China condemns ‘attack’ on Hong Kong minister in London November 15, 2019 The Chinese government has condemned what it called an “attack” on Hong Kong’s justice minister after she fell to the ground while surrounded by furious pro-democracy protesters in London last night. Teresa Cheng, who was in London to promote Hong Kong as a dispute resolution and deal-making hub, was circled by protesters shouting “murder” and [...]
Media group Future buys Barcroft Studios as results beat expectations November 15, 2019 Media company Future has acquired production company Barcroft Studios for £23.5m, in a deal announced alongside the group’s annual results, which beat analysts’ expectations. Future, which owns brands including Techradar and PC Gamer, reported an operating profit of £26.7m for the year ending 30 September, a 404 per cent increase. The company’s revenue jumped 70 [...]
DEBATE: Is the UK going to require higher taxes in the future? November 15, 2019 Whoever wins this election, is the UK going to require higher taxes in the future? Adam Corlett, senior economic analyst at the Resolution Foundation and author of its report “The shifting shape of UK tax”, says YES. Tax is set to be a major battleground at the election. Labour has been upfront about its plans [...]