NEWS CORP FEARS DELAY TO SKY BID July 6, 2011 NEWS Corp bosses yesterday feared they may be forced to delay the firm’s multi billion pound bid for BSkyB, as the toxic political and commercial fallout of the phone hacking scandal continued to gather pace. Bankers close to the deal told City A.M. that negotiations have ground to a halt while both sides consider the [...]
NEWS CORP FEARS DELAY TO SKY BID July 6, 2011 NEWS Corp bosses yesterday feared they may be forced to delay the firm’s multi billion pound bid for BSkyB, as the toxic political and commercial fallout of the phone hacking scandal continued to gather pace. Bankers close to the deal told City A.M. that negotiations have ground to a halt while both sides consider the [...]
Lord Wolfson: don’t protect Broadgate June 12, 2011 NEXT chief executive Lord Wolfson has backed City A.M.’s campaign to allow the redevelopment of the Broadgate estate near Liverpool Street, warning that “unthinking bureaucracy is fossilising the economy” by giving the site listed status. Wolfson, who sits in the House of Lords as a Conservative peer, said English Heritage’s move to recommend the listing [...]
City cheers Hunt decision on Broadgate June 15, 2011 THE City of London’s top executive yesterday thanked City A.M. for its campaign to allow the redevelopment at Broadgate, after culture secretary Jeremy Hunt confirmed that he would not award the estate listed status. Stuart Fraser, chairman of policy at the City of London, said: “I would like to thank City A.M. for their support [...]
Architects oppose listing of Broadgate June 6, 2011 A POLL of architects suggests that most in the industry are against protecting buildings on the Broadgate estate from redevelopment. An online survey by the Architects’ Journal yesterday showed that 68 per cent think that Broadgate Square near Liverpool Street should not be the second-ever postwar City building to be given listed status, as recommended [...]
BORIS INTERVENES IN BATTLE OF BROADGATE June 13, 2011 BORIS Johnson has thrown his weight behind City A.M.’s campaign to allow UBS to build its new headquarters on the Broadgate estate, after English Heritage threatened to scupper the plans by recommending the site for listed status. The London Mayor told City A.M. he was “astounded” to learn that English Heritage had recommended the collection [...]
BORIS INTERVENES IN BATTLE OF BROADGATE June 13, 2011 BORIS Johnson has thrown his weight behind City A.M.’s campaign to allow UBS to build its new headquarters on the Broadgate estate, after English Heritage threatened to scupper the plans by recommending the site for listed status. The London Mayor told City A.M. he was “astounded” to learn that English Heritage had recommended the collection [...]
END OF THE WORLD July 7, 2011 ■ Murdoch closes best-selling tabloid in desperate bid to save rest of his empire ■ Bid for BSkyB hangs in balance as Hunt delays decision until September RUPERT MURDOCH abruptly ended his 42 year ownership of the News of the World yesterday, killing off the iconic brand in a desperate bid to save the rest [...]
Murdoch: She is my top priority July 10, 2011 THE News of the World may have printed the final edition in its 168-year-old history but the political maelstrom raging around the phone hacking scandal continues to gather pace. Rupert Murdoch flew into the UK yesterday for emergency talks with Rebekah Brooks, head of his UK newspaper business News International, amid growing concerns the scandal [...]
Government confirms Tote sale to Betfred for £265m June 3, 2011 The government has confirmed it has agreed to sell its betting operation the Tote to private bookmaker Betfred in a deal valued at £265m. The highly-anticipated decision sees Betfred’s rival Sports Investment Partners, the investment vehicle set up by Sir Martin Broughton, lose out on the prize. The decision is also likely to stoke tensions [...]