BT shares fall as Virgin Media ditches telco for Vodafone network November 6, 2019 Virgin Media is leaving BT’s mobile network for rival Vodafone from late 2021, in a five-year deal that will give its customers access to new services including 5G. Under the deal, Vodafone will supply wholesale mobile services including voice and data to over three million Virgin Mobile and Virgin Media Business customers until 2026. Read [...]
December strikes: Who’s walking out when and how will it affect you? December 6, 2022 December is set to be a month blighted by industrial strife, with everyone from nurses and posties to train drivers and security staff to walk out. With inflation reaching a 41-year high at an eye-watering 11.1 per cent, thousands of workers have voted to down tools and ask for a real-term increase in pay. As [...]
Labour’s BT plans show ‘misunderstanding’ of broadband industry, firms warn November 17, 2019 British broadband providers have slammed Labour’s proposals to nationalise parts of BT, saying the plans show a “fundamental misunderstanding” of how the industry works. Shadow chancellor John McDonnell last week said Labour would take Openreach and other parts of BT into public ownership, and promised free full-fibre broadband for every UK household. Read more: Labour [...]
FTSE 100 sinks to five-week low while tech shares drive Wall Street higher May 13, 2021 London’s FTSE 100 dropped sharply this afternoon, giving up yesterday’s gains amid fears of a rise in inflation and weak performance from heavyweight stocks. London’s premier index was down by 0.7 per cent in afternoon trading, dropping to 6,953.60 points – its worst price for almost a month. The FTSE 250 of midcap companies was [...]
Mishcon de Reya launches new £150m litigation financing unit September 8, 2021 Law firm Mishcon de Reya has today announced plans to launch a new litigation funding unit with Harbour, one of the biggest litigation and arbitration funders in the world. The new venture, known as MDR Solutions I, will be used to assess and finance prospective litigation and arbitration cases originated by Mishcon de Reya clients [...]
ITV to restore dividend as advertising revenue bounces back July 28, 2021 ITV today pledged to reinstate its full-year dividend after the embattled broadcaster said it was emerging from the worst effects of the pandemic. The London-listed company said that while it will not pay an interim dividend due to ongoing uncertainty related to Covid, it planned to resume its payout at the end of its 2021 [...]
London brawling: Why the city has become a combat sports capital again May 15, 2023 Wrestling and MMA have followed boxing in staging huge shows in London this summer, cementing the city’s reputation as a leading destination for combat sports’ biggest events. An earthquake hit the world of professional wrestling earlier this month and its epicentre was London. All Elite Wrestling, formed to compete with the all-conquering World Wrestling Entertainment, [...]
BT scores sponsorship deal with home nations football teams October 8, 2019 BT has signed a five-year deal to sponsor all four home nations teams as it bolsters its marketing ties with English football. The telecoms giant has netted a series of deals to become the exclusive lead partner of all four teams until 2024, while its newly-revamped logo will appear on the teams’ training kits from [...]
London markets climb as Staley steps aside after FCA Epstein probe November 1, 2021 London markets climbed during the opening session of November as Barclays chief Jes Staley stepped down after UK regulators showed the bank preliminary findings of its investigation into his ties with disgraced financier Jeffrey Epstein. The capital’s FTSE 100 premier index advanced 0.60 per cent to hit 7,280.97 points, while the mid-cap FTSE 250 climbed [...]
Telecom chiefs call on EU lawmakers to make Big Tech ‘share the burden’ of investment February 14, 2022 Chiefs at Deutsche Telekom, Orange, Telefónica and Vodafone have called on European lawmakers to push Big Tech to contribute to expanding internet infrastructure.