Metro Bank denies rumours of financial trouble ahead of fundraising May 12, 2019 Under-fire high street lender Metro Bank sought to quash fresh rumours of financial trouble this evening ahead of a crucial City fundraising effort expected to take place in the coming days. The challenger bank insisted today there was no truth to speculation on social media and messaging apps about instability at the firm, as it sought [...]
Hipgnosis snaps up rights to music catalogue of Eurythmics co-founder Dave Stewart May 10, 2019 Music royalties investment firm Hipgnosis has bought the rights to more than 1,000 songs written by Eurythmics co-founder Dave Stewart. Read more: One Media IP shares jump as streaming boosts profits The songwriter and record producer is best known as one half of pop group Eurythmics, which he formed in 1980 with eight-time Brit Award [...]
DEBATE: In light of the latest study, have we overreacted about the effect of social media on teenagers? May 10, 2019 In light of the latest study, have we overreacted about the effect of social media on teenagers? Kevin Craig, chief executive and founder of communications agency PLMR, says YES. While the discussion about the impact of social media on young people has been a hot topic at the school gates over recent years, we parents have [...]
Follow the money: Brexiter Tories stuff their war chests ahead of leadership election May 10, 2019 The one thing that is always guaranteed to raise eyebrows in British politics – not least since the scandal that rocked this country exactly ten years ago – is MPs’ finances. Amid a greater focus on transparency, Commons members must declare money they earn outside of their salary as an elected representative. For some, this could be [...]
Stockwatch: When you should buy Amazon and Microsoft May 9, 2019 By Edmond Jackson from interactive investor. We've studied the charts, now our companies analyst runs through the fundamentals and gives his view. At a time of questions over durability of growth in US GDP and corporate profits, results in respect of Q1 2019 from Amazon.com Inc (NASDAQ:AMZN)and Microsoft (NASDAQ:MSFT) have beaten expectations. As a result, [...]
UK average broadband speeds rise by a fifth to hit superfast level May 8, 2019 Average broadband speeds in UK households have jumped 20 per cent over the last year, according to new figures from Ofcom. The regulator said average speeds have passed the 50Mbps mark – one of the most commonly-available levels of superfast broadband – for the first time, after an 18 per cent surge to 54.2Mbps. Read [...]
ITV revenues slip ahead of Britbox launch as strain on advertising continues May 8, 2019 Shares in ITV fell more than five per cent after it posted a slip in revenues for the first quarter, as economic uncertainty and lower demand for advertising continue to take their toll. Read more: ITV and BBC announce online streaming service to rival Netflix The figures Total external revenue fell four per cent to [...]
Carlsberg puts its hopes in hops – but will its new brew lift fortunes? May 8, 2019 Danish brewers Carlsberg sparked confusion after promoting a series of tweets ridiculing the taste of their own beer, likening it to bath water among other less than favourable comparisons. Yet this wasn’t some serious error from Carlsberg’s social media team, but the start of a carefully brewed marketing campaign, one amended with a tweaked version [...]
The British aversion to foreign languages isn’t charming – it’s a diplomatic travesty May 7, 2019 Avez-VOUS bien fermé votre porte à clé ce matin? How many Londoners would immediately understand this sentence on their morning commutes? I would wager not many. Certainly, if the English equivalent were written in Der Spiegel, la Repubblica, or Aftonbladet, the majority of German, Italian, or Swedish readers would have no problem telling you what [...]
The green rush? The UK’s cannabis industry is reaching dizzying new highs May 7, 2019 Predicting the emergence of the UK’s next billion-pound industry is the dream of any investor. Yet what if, unbeknown to many of its citizens, the UK were already competing as a global leader in that market? When it comes to the burgeoning legal cannabis market, this is already the reality. According to the UN’s International Narcotics [...]