Zuckerberg: Governments must help Facebook and other web giants regulate harmful content March 31, 2019 Mark Zuckerberg has called on regulators and governments to take a “more active role” in controlling content on the internet. Writing in the Washington Post, Facebook’s founder said firms like his could not be expected to shoulder all the responsibility for moderating harmful content. Read more: Access to Facebook Live to be restricted in wake [...]
Labour’s John McDonnell reveals plans to turn post offices into branches of nationalised bank March 31, 2019 Labour would transform post offices into branches of a new, nationalised bank, shadow chancellor John McDonnell has announced today. Labour said the policy would halt the decline of the high street and face-to-face banking by bringing footfall back into town centres. According to consumer watchdog Which, the UK has lost nearly two-thirds of its bank and [...]
Five retail tips for small businesses worried about Brexit March 29, 2019 So much of the political debate over Brexit has focused on the impact on big business. The banks, multinational drug companies, carmakers, and other corporate pressure groups have been leading the conversation. But Brexit also impacts the hundreds of thousands of small businesses that employ most Britons and are the heartbeat of the economy. Read [...]
Brands, don’t let your employees’ bad social media posts harm your reputation March 27, 2019 One of the many lessons of 2018 was how easily a worker’s social media activity can damage a brand’s reputation. I don’t just mean the deliberate attacks made by angry ex-employees, but the accidental disasters caused by well-meaning contributions to the marketing effort. HSBC experienced this in October, when Business Insider published a piece about [...]
Spotify makes latest podcast acquisition as it looks to cash in on true crime March 26, 2019 Spotify has snapped up its third podcast company of the year as it looks to double down on the format amid a boom in on-demand listening. The Swedish streaming service today said it had acquired Parcast, a podcast studio specialising in true crime series. Read more: Apple hits back at Spotify in App Store war [...]
Rolls-Royce boss enjoys £1.6m pay increase despite £2.9bn 2018 losses and engine issues March 25, 2019 Rolls-Royce chief executive Warren East saw his pay skyrocket by more than £1.6m last year, despite presiding over a loss-making year and a series of issues with the firm’s engines which grounded a British Airways jet for nearly a year. East did not receive a rise in his base salary, but was the beneficiary of [...]
Game plays with higher profits to buck high street worries March 21, 2019 Profits soared at video game retailer Game’s parent company in the first six months of the financial year, even as revenue fell by nearly five per cent. The figures Game Digital’s profits before tax increased over 20 per cent to £14.8m, however gross profit contracted 1.2 per cent to £122m. Read more: Game shares boosted [...]
WPP board ‘finally came to their senses’ over £2m bonus, says Sir Martin Sorrell March 19, 2019 Advertising veteran Sir Martin Sorrell has said the board of WPP “finally came to their senses” over his £2m bonus, which it has paid out almost a year after his abrupt exit. Speaking at Advertising Week Europe this evening Sorrell, who left the ad group amid allegations of misconduct, denied any wrongdoing as he took [...]
‘Yellow vest’ protesters storm office of attorney general Geoffrey Cox March 19, 2019 A number of "yellow vest" protesters have stormed the office of the attorney general, Geoffrey Cox, demanding he be removed from his post. In a live video posted on Facebook, a group of people crowded around his office in Westminster where they were greeted by police who told them they were committing an offence by trespassing. [...]
Sorrell’s S4 Capital posts revenue rise as mergers help to reel in new clients March 18, 2019 Sir Martin Sorrell’s new advertising venture S4 Capital has posted a large rise in revenue for the year after a string of acquisitions helped it land big-name clients. Read more: S4 Capital ready to compete 'at the highest levels' after Mightyhive merger The figures Revenue jumped 58 per cent year-on-year to £54.8m. Billings hit £59.1m. [...]