MPs warn against UK neglecting ties with India in favour of China June 24, 2019 The UK is failing to build an economic and security relationship with India as it grows in wealth and influence, the Foreign Affairs Committee (FAC) has today warned. Read more: New UK-India tech hub to be opened in confidence boost for the City In a new report the FAC cautioned that Britain’s focus on building [...]
Friends, then rivals: Boris Johnson has the last laugh over Michael Gove June 20, 2019 First they were friends, then they were rivals, and now, Johnson is the victor. The lives of Boris Johnson and Michael Gove ran parallel for many years, before becoming intertwined during the EU referendum and split apart by an act of betrayal in the 2016 leadership contest. Johnson has now got his revenge for Gove [...]
Experience success: what’s the value of experiential advertising? June 17, 2019 A few weeks ago, commuters passing through Waterloo train station were greeted with the site of a miniature Garden of Eden, where they could stop to chat with angels and demons, pick up a toffee apple, and take a picture with a live snake. This event was designed by marketing agency Experience12 to promote the [...]
They call it ‘the idiot box’ for a reason… June 11, 2019 The competition to become leader of the Conservative Party – and, by default, prime minister – is still in its early stages, yet has already been extraordinary. We peaked at 13 hopefuls, which has now been whittled down to ten registered runners, of whom five are members of the current cabinet (four of the others resigned [...]
Channel 4 grows revenue as it doubles down on digital June 11, 2019 Channel 4 has posted a modest rise in revenue for the year as it looks to shift its focus to digital viewing amid a “challenging” economic environment. The broadcaster reported a 1.5 per cent rise in revenue to £975m in 2018, as record digital revenue offset a decline in traditional viewing. Pre-tax profit hit £5m, [...]
City Moves for 11 June – who’s switching jobs? June 11, 2019 Who’s switching jobs today? Cazoo Cazoo has announced it has appointed Jonathan Howell as its chief technology officer (CTO). Jonathan joins Cazoo from Made.com where he has spent the last five years as CTO and grew the technology and product management teams from 15 to 100, supporting revenue growth of more than six times as [...]
UK trade gap widens as ministers seek Brexit deals June 10, 2019 The UK’s overall trade deficit widened by £2.7bn to £15.6bn in the three months to April, as Britain increased its imports of goods, official statistics today showed. Read more: Pound falls as UK economy shrinks by 0.4 per cent in April Yet if certain volatile goods are excluded, the trade deficit narrowed by £4.2bn in [...]
Tory leadership race: Contenders must stay until the bitter end June 6, 2019 Tory leadership race hopefuls have been told they must be prepared to stay in the contest until the bitter end to avoid a repeat of the coronation of Theresa May as party leader in 2016. May won the race to succeed David Cameron three years ago when leadership rival Andrea Leadsom pulled out of the [...]
Entertainment One shares jump as it denies reports of senior executive exit June 6, 2019 Shares in Entertainment One jumped as much as 15 per cent this morning after it rebuffed reports that boss Mark Gordon was in talks to leave the company. Read more: Profits slip at Entertainment One after £61m write down President and chief content officer Mark Gordon is reportedly set to leave his role amid a [...]
Trump meets FTSE business leaders over breakfast June 4, 2019 Business leaders will sit down for breakfast with US President Donald Trump this morning as part of a bid to strengthen transatlantic relations, as fears over an impending global trade war continue to mount. Representatives from 10 leading companies – five from the UK and five from the US – will break bread at St [...]