Hong Kong’s new censorship rules will ban some films based on ‘national security’ August 24, 2021 Hong Kong authorities have proposed a series of law changes to scrutinise previously approved films and new productions which it deems threats to national security. The city’s government announced today to amend the Film Censorship Ordinance, which requires censors to assess a product’s impact on national security before offering their endorsement. The new arrangement will [...]
Boris Johnson signals willingness for new UK online tax on internet giants March 10, 2021 Boris Johnson has today signalled he could be open to a new online tax on tech giants like Amazon, while highlighting the taxation “discrepancy” between digital and bricks and mortar businesses. Johnson said during Prime Minister’s Questions (PMQs) today that chancellor Rishi Sunak has “tried to address” the discrepancy “in an equitable way”. Sunak has [...]
Amazon shares slump after online retailer posts third-quarter profit drop October 24, 2019 Shares in online retail giant Amazon slumped in after-hours trading this evening after the firm reported a slump in third-quarter profit. Shares in Jeff Bezos’ company fell as much as eight per cent after it posted a fall in net income for the first time in two years, from $2.88bn to $2.13bn in the three [...]
DEBATE: Will a global minimum corporate tax lead to real change for multinational giants? June 9, 2021 Chancellor Rishi Sunak has agreed to back a deal with G7 nations to create a global minimum corporate tax rate of at least 15 per cent. The agreement has been hailed a world-first to crack down on multinationals shifting profits to low-tax countries in order to skirt tax rules. The proposal, however, has also been [...]
BBC Sounds launches on Sky in latest streaming tie-up January 12, 2021 Sky has agreed a deal with the BBC to embed the Sounds app on its platform, marking the pay-TV giant’s latest effort to become a one-stop shop for streaming services. From today the BBC Sounds app will be available to all Sky Q customers in the UK, offering more than 80,000 hours of audio content. [...]
New Tricks: Video streaming sites are trending among over-65s August 17, 2021 The pandemic has encouraged 65 to 75 year olds to start using video streaming sites such as Netflix and Amazon Prime. Almost three fifths of consumers in this age bracket, some 57 per cent, have access to a video streaming service as of 2021. The figure marks an increase of 19 percentage points compared to [...]
Pret A Manger mulls expanding into coffee vending machines in move to diversify July 29, 2021 Pret A Manger is set to expand into coffee vending machines. The sandwich chain is joining the trend, according to the Financial Times, to widen its product offering through automated dispensers as the sector suffers from the drop in commuters and staff shortages. Earlier this month, the company’s application to trademark the name “Pret Express” [...]
Emma Raducanu Instagram and Twitter following rockets by more than 1m during run to US Open title September 13, 2021 Emma Raducanu is reaping the rewards of her US Open success with more than 1m new social media followers. The teenage British tennis player, who won her first Grand Slam in New York on Saturday, began the tournament with around 400,000 Instagram followers. By Monday, that number had soared to more than 1.6m. Raducanu has [...]
LinkedIn: Barclays, Tesco and NatWest ranked top three UK workplaces April 28, 2021 Barclays has been crowned the best company to work for, followed by Tesco and NatWest, according to LinkedIn’s list of the 25 top workplaces in the UK. The list ranks workplaces on their capacity to build and sustain a long-term career and have been compiled based on actions taken by the platform’s 30m UK members [...]
Rishi Sunak calls on other G20 countries to finalise global tax deal July 9, 2021 Rishi Sunak has called on other G20 countries to “maintain momentum” over a global tax deal on the eve of a Venice summit. Sunak will meet with other G20 finance ministers and central bank governors in a bid to endorse the global tax plan that has been agreed by the G7 and the Organisation for [...]