What is the outlook for UK dividends in a less certain world? March 16, 2022 Russia’s invasion of Ukraine looks set to exacerbate economic trends which had already been influencing markets. Amid the uncertainty, experienced investors Sue Noffke and Graham Ashby give their views on the outlook for UK dividends. Investors had already been viewing markets in a more cautionary manner, even before Russian troops amassed on the border with [...]
Amazon brings in BT Sport for Premier League matchday coverage March 21, 2019 Amazon has hired BT Sport to produce its studio and live action matchday coverage for Premier League games next season. The tech giant last year revealed it had secured exclusive rights to livestream 20 matches per season, which will be available to its Prime customers. Read more: Disney closes $71bn takeover of 21st Century Fox But [...]
FTSE 100 and US stocks soar on coronavirus treatment hopes August 24, 2020 The FTSE 100 jumped and US stocks hit fresh highs after the US authorised a new coronavirus treatment, lifting the mood among global investors. London’s blue-chip index rose 1.7 per cent to close at 6,104 points. The FTSE 250 index of mid-cap firms rose 0.6 per cent. Read more: Asian stocks climb after Wall Street [...]
BT profits rise but revenues slip as UK giant ramps up full-fibre targets May 9, 2019 BT has ramped up its targets for rolling out full-fibre broadband, despite posting a slip in revenues for the full year. Read more: BT’s bosses in London 'linked to Italian accounting fraud' The figures Revenues dropped one per cent to £23.4bn in the year to the end of March. Pre-tax profit rose two per cent to [...]
Tech testing firm Calnex plots £42m London listing as it cashes in on 5G September 21, 2020 Telecoms testing firm Calnex today said it is aiming to raise £22.5m through a London initial public offering (IPO) as it looks to capitalise on the rollout of 5G. The Scottish tech firm said the Aim listing, planned for early October, will value the company at £42m. Calnex specialises in test equipment for telecoms networks, [...]
Government backtracks on full-fibre broadband rollout pledge November 25, 2020 The government has backtracked on its pledge to bring full-fibre broadband to the whole of the UK by 2025. The promise to reach all premises across the country with gigabit-capable speeds was a key part of Prime Minister Boris Johnson’s manifesto at the last election. But in its national infrastructure strategy published today, the government [...]
Competition watchdog requests probe into Virgin-O2 merger October 8, 2020 The UK competition watchdog has asked the EU to refer the planned tie-up between O2 and Virgin for a full investigation in Britain. O2’s owner Telefonica in May confirmed plans for a £31bn mega-merger with Virgin Media, owned by Liberty Global. The proposed deal falls under the remit of the European Commission to review, but [...]
O2-Virgin Media merger: The deal makes sense, but could rival bids crash the party? May 4, 2020 It’s a busy time for the telecoms industry, which has been forced into overdrive as millions of people turn to mobile and broadband services during the coronavirus lockdown. So it may seem like an unlikely time to embark on a mega-merger, but this is exactly what O2 and Virgin Media are looking to do. Parent [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 30, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. IoD’s chief economist departs for Fitch Ratings The Institute of Director’s (IoD) chief economist will step away from the role next week to become director of economics at US credit rating [...]
Screenshot: Will the digital advertising boom ever end? July 30, 2021 This week **Media Moment of the Week: You are what you tweet **Will the digital advertising boom ever end? **Esports: Britain’s next big thing? Media Moment of the Week: You are what you tweet You know the scenario: someone says something you don’t like on Twitter and you have an overwhelming urge to rise to [...]