Verizon beats profit estimates as it boosts phone subscribers August 1, 2019 Verizon has posted better than expected profit for the second quarter thanks to strong growth in phone subscribers. Read more: Buzzfeed and Verizon plan to slash hundreds of jobs in grim day for digital media The US telecoms provider said it added 245,000 phone subscribers over the quarter, compared to 199,000 in the same period [...]
ITV used Facebook to find Jeremy Kyle Show contestants July 31, 2019 ITV used Facebook to find guests who wanted to take a lie detector test on its axed reality series The Jeremy Kyle Show, according to new evidence published today. In a letter to MPs, ITV boss Dame Carolyn McCall said the show’s producers used the social media platform to attract contestants, admitting that “some did [...]
Jubilee Line chaos: Commuters evacuated from North Greenwich station July 31, 2019 Commuters blasted Tube bosses this morning after they were emergency evacuated from a busy station due to severe Jubilee Line delays. An alarm warned people to evacuate North Greenwich station amid overcrowding and severe delays earlier today. Read more: Severe delays hit Jubilee Line after fire alert A faulty train at Canary Wharf started the [...]
Forget a one-size-fits-all immigration policy – we need to get creative to protect the talent pipeline July 30, 2019 Different sectors of the economy are often accused of special pleading when it comes to making their case for immigration reform. In any given area, improving the skills base can boost productivity, and with the clock once more ticking down to the Brexit deadline, calling into question the status of future EU applicants, it is [...]
Facebook fact checkers stumped by satire amid crackdown on harmful content July 30, 2019 Third-party fact checkers tasked with flagging misinformation on Facebook have been forced to reconsider how they handle humorous posts due to the number of people misinterpreting satire as fact. Full Fact, which carries out fact checking services on Facebook in the UK, has urged the social media firm to introduce a new rating for humorous [...]
‘Doomsday narrative’: Sterling tanks to 28-month low on no-deal Brexit fears July 29, 2019 Sterling has fallen to its lowest point in over two years against the dollar after ministers in Prime Minister Boris Johnson’s new government made clear they were now assuming a no-deal Brexit. The pound had fallen 1.1 per cent against the dollar to buy $1.225 by 2pm UK time. Read more: Dominic Raab: Britain ‘turbo-charging’ [...]
Herd behaviour is more to blame for the Neil Woodford saga than the man himself July 29, 2019 Over the last two months, the media storm around Neil Woodford has captured the attention of investors, regulators, and even parliament. A man who was once billed as “Britain’s Warren Buffett” is now at the centre of a crisis which threatens to extinguish the star fund manager and his eponymous fund. Woodford built his reputation [...]
A clash of visions at Sports Direct July 28, 2019 Mike Ashley once admitted that there was in fact another person who has really been running Sports Direct. She is a media-shy 51-year-old woman called Karen Byers. For almost three decades, Byers has been quietly working under Ashley as one of his core lieutenants, pulling 18 hour days and keeping a ruthless focus on the [...]
Beggars Group music boss Martin Mills bags £8m payday July 28, 2019 The music mogul behind record company Beggars Group bagged an £8m dividend last year as his firm cashed in the sale of its stake in Spotify. Read more: Warner Music buys record label behind Les Miserables and Mary Poppins Martin Mills, who founded Beggars in 1977, secured the sum after a strong year of trading [...]
Air traffic control error causes flight delays at Heathrow, Gatwick and London City airports July 26, 2019 An issue with the UK’s air traffic control system failure caused flight delays at most of London’s airports this afternoon. Nats, the body in charge of the UK’s air traffic control, admitted a “technical problem” had caused issues at the Swanwick Air Traffic Control centre, leading to “flight restrictions”. Read more: Train delays hit commuters [...]