Over a third of Londoners now travelling into the office more frequently as strikes fail to deter commuters May 31, 2023 Rail strikes have failed to stop Londoners heading into the office this year, new data shows. Almost two in five Londoners (38 per cent) are commuting more frequently than they were at the start of the year, according to new data from Virgin Media’s O2 Business Mover Index, covering January to March. Wednesday was the [...]
BT gets thumbs up from Ofcom to roll out new wholesale broadband pricing May 24, 2023 BT has been given the all-clear to roll out its discounted wholesale full-fibre offer to broadband providers after the telecoms watchdog found the proposals were not anti-competitive. BT’s network arm Openreach, which runs the UK’s only national broadband network, put forward plans for a pricing deal that would give lower prices to wholesale customers, such [...]
Virgin Media O2 reports slight bump in revenue after price hikes May 10, 2023 Virgin Media O2 reported a slight increase in revenue in the first quarter of 2023 as a result of price increases and stronger consumer retention. Adjusted quarterly revenue increased by 3.9 per cent on the same period last year to £2.6bn, the company announced today. Adjusted EBITDA for the first quarter increased by 2 per [...]
Why 2023 is the year of the litmus test for women’s rugby, cricket and football April 24, 2023 On Saturday afternoon more than 50,000 fans will descend on Twickenham Stadium to not only watch England’s final match of the Women’s Six Nations against France but also be part of history. Because the fixture is set to smash all previous records for attendances at a women’s rugby match and set a new standard in [...]
Millions of low income households are overpaying for their broadband, says Ofcom April 24, 2023 More than half of low-income homes who qualify for cheaper broadband tariffs are missing out on the deals, according to the UK communications regulator. Only 220,000 households were on a social tariffs as of February 2023, meanwhile 53 per cent of people receiving benefit payments were completely unaware of cheaper deals, Ofcom revealed in a [...]
Exclusive: Uber joins CBI exodus April 23, 2023 Uber is pausing its engagement with the CBI, City A.M. has learnt. The ride-hailing tech firm is the latest in a string of companies who have either ditched the organisation or suspended their engagement in the last few days, following reports of sexual misconduct by senior CBI members. Uber’s decision will be yet another blow [...]
CBI suspends policy and membership activities after exodus April 22, 2023 The CBI has said it will “suspend all policy and membership activity” until it can hold a meeting of its membership in June.
CBI exodus: Which firms have quit or suspended their relationship with the lobby group? April 21, 2023 A slew of top firms have quit or suspended engagement with the CBI today after the lobby group was rocked by new allegations of sexual abuse.
Virgin Media 02 could bag up to £750m from selling stake in masts business April 20, 2023 Telecoms company Virgin Media O2 has reportedly started the process to sell part or all of its stake in Cornerstone, the operator of Britain’s largest mobile tower network. Virgin Media O2 is set to sell at least half of its 25 per cent stake in the company and will use the funds to fuel its [...]
Striving for success in 2023? Turn to your partners to find the right balance March 6, 2023 2022 showed us just how much can change in a year. We saw UK businesses emerge from the grips of the pandemic with a sense of cautious optimism. It even seemed like normal service might finally resume. The battle for talent got more competitive as employees made their new working expectations clear. ESG commitments moved [...]