Championship rugby club chairman: ‘Increase funding to clubs’ January 18, 2022 Richmond’s chairman has called on the Rugby Football Union (RFU) to solve the Championship’s increasingly insurmountable financial barriers to promotion to the top division. The RFU has cut funding for already cash-strapped second-tier clubs from around £550,000 each per year to less than half that this season. It is another hurdle to promotion for Championship [...]
Darktrace revenue hits $200m as it confirms London float April 12, 2021 Darktrace today said its revenue surged to almost $200m (£146m) thanks to the pandemic as it confirmed plans to float on the London Stock Exchange. In a filing this morning the Cambridge-based tech firm unveiled its intention to list in London, with its registration document due to be published later today. Darktrace did not provide [...]
Openreach shelves board overhaul amid concerns over BT links October 6, 2019 Openreach is said to have shelved plans to overhaul its board amid concerns the move would erode its independence from BT. Read more: Ofcom gets the green light for new Openreach broadband regulation The telecoms network business, which was spun off from BT last year, has been looking to appoint BT’s strategy chief Michael Sherman [...]
What Amazon is doing with French football rights and the clues it offers to its plans for the Premier League July 14, 2021 Amazon is yet to make its widely anticipated big move for Premier League football rights, being content so far to buy up handfuls of live games and bundle them with its Prime Video subscription. But it is a different story in France, where the e-commerce behemoth is embarking on its first season as the main [...]
Gary Lineker joins LaLigaTV in ‘multi-year’ deal July 30, 2021 Gary Lineker has joined LaLigaTV as a presenter in a “multi-year agreement” to front coverage of Spain’s top-flight football league. The former England striker will present key fixtures on the 24-hour channel and feature regularly on its Viva LaLiga studio programme broadcast live from Barcelona. Lineker, who played for Barcelon during his career, already presents [...]
Labour hasn’t factored BT’s pensions black hole into its nationalisation plan November 16, 2019 Here’s a riddle: how do you spend several billion pounds of taxpayers’ money and get nothing but a bunch of smiling accountants in return? The answer: tear Openreach out of BT, as Ofcom attempted a few years ago and Labour now proposes as part of its plan to nationalise the provision of ultrafast broadband. Read [...]
Deep Verge shares jump on upbeat 60-second Covid breath test trials March 17, 2021 Shares in Deep Verge jumped today after the science tech firm revealed upbeat data from clinical trials of its rapid Covid breath test. The London-listed firm hailed a “major milestone” after initial results from phase three clinical studies showed its test could recognise Covid infections in under 60 seconds. While the company is still awaiting [...]
Staff at 02 to be handed £2,000 bonus May 13, 2021 Staff at 02 will be handed a nearly £2,000 bonus at the end of the month, after the operator recorded profits in the first three months of the year. All 02’s 6,500 employees will get an extra £1,930 in their May payslips, according to reports. Some 186 full time staff at giffgaff will also be [...]
Screenshot: How Amazon set up shop on cloud nine February 5, 2021 This week **Media Moment of the Week: Parish the thought **How Amazon set up shop on cloud nine **Will BT look to the stars? Media Moment of the Week: Parish the thought Anyone who thinks local politics is boring has clearly never attended a meeting of the Handforth Parish Council Planning and Environment Committee. Or [...]
FTSE 100 recovers after Bank of England holds interest rates March 18, 2021 London stocks recovered this afternoon after suffering a drop following the Bank of England’s decision to hold interest rates indicated the pace of Britain’s economic recovery from the Covid-19 pandemic. The BoE kept its stimulus programme unchanged this afternoon ahead of an expected recovery in Britain’s economy later this year, helped by the fast rollout [...]