Enfranchise the teenager? Votes at 16 is not as mad as you think November 1, 2019 “Votes at 16!” opposition MPs demanded in the debate on whether Britain should have an election. They were denied the chance to vote on this by the deputy speaker, so 16–17 year olds will not be voting on 12 December – a relief, given the gargantuan hurdle of registering 1.4m new voters. But the question [...]
Jennifer Arcuri’s £100,000 grant deemed ‘appropriate’ by government audit October 31, 2019 A £100,000 grant given to Boris Johnson’s American friend Jennifer Arcuri has been deemed to be “not unreasonable” and “appropriate”, despite the funding being intended to grow the UK tech sector. The Department for Digital, Culture, Media and Sport (DCMS) grant was given to Arcuri’s US-based company Hacker House earlier this year. Read more: London [...]
Thomson Reuters reports surge in operating profit October 31, 2019 Media conglomerate Thomson Reuters has reported a surge in operating profit for the third quarter, ahead of analysts’ estimates. Operating profit at the Canada-based company jumped 51 per cent to $262m (£202m) for the three months to September, ahead of $173m for the same period a year ago. Read more: Thomson Reuters defends boss following [...]
General election 2019: Jeremy Corbyn pledges to go after ‘greedy bankers’ as Labour launches campaign October 31, 2019 Jeremy Corbyn has pledged to go after “the greedy bankers” and “bad bosses” as he kicks off his election campaign in South London this morning. The Labour leader spoke before a packed hall of supporters at the Battersea Arts Centre, near Clapham. Read more: Labour’s renationalisation plans would cost £200bnRead more: EXCLUSIVE: Tories tap up [...]
BT keeps dividend alive despite heavy network spending October 31, 2019 BT kept its dividend alive despite a hit to earnings and revenue in the first half of new boss Philip Jansen’s first financial year due to hits from regulation and legacy product declines. The telco posted a flat profit and interim dividend as it pushes to try and roll out fibre broadband to 4m premises [...]
Dataminr is helping to save local journalism October 31, 2019 Journalism is in a tough spot. For decades, money and jobs in the industry have been in decline. The government’s Cairncross review, released last year, revealed the scope of the problem. It found that total press industry revenues had declined by more than half over the previous 10 years, and that the number of full-time [...]
TfL ‘can’t rule out’ Thor’s hammer as cause of huge London Overground delays October 30, 2019 Travel chaos hit London Overground commuters today as the service suffered suspensions due to a track obstruction. Londoners coming into the city were forced to find alternative routes with no service between Highbury & Islington and New Cross, Clapham Junction, West Croydon and Crystal Palace. Read more: Crossrail is at risk of even more delays [...]
The economic impact of Brexit tariffs only tells us half the story October 30, 2019 Brexit is about much more than the economic costs and benefits, but the idea that the former dramatically outweigh the latter has become the received wisdom in much of the media. Report after report emerges which purports to show that, under any of the various trade arrangements envisaged, the UK will be worse off as [...]
United States Grand Prix key part of Liberty Media’s grand plan for Formula One expansion October 29, 2019 Formula One returns to Austin, Texas this weekend for the United States Grand Prix, a race with a growing symbolic significance for owner Liberty Media’s ambitions for the sport. An exciting track designed specifically for F1 by German engineer Hermann Tilke, it is one of only five anti-clockwise circuits on the calendar and has seen [...]
Tiktok owner Bytedance denies having immediate plans for Hong Kong listing October 29, 2019 Bytedance, the $75bn Chinese firm behind short-form video app Tiktok, has denied reports it is considering an initial public offering (IPO) in Hong Kong as soon as next year. The Financial Times has reported that the seven-year-old startup could list in the territory as soon as the first quarter of next year, but Bytedance denied [...]