The UK has a vital role to play in leading the global fourth industrial revolution October 28, 2019 For nearly a year, my mayoral programme – Shaping Tomorrow’s City Today – has promoted UK innovation and technology, addressed social and digital exclusion, and championed digital skills. And during my recent business delegation visit to Kenya, I saw the great potential that technological innovation offers to individuals and communities seeking financial empowerment. Over the [...]
Twitter goes bonkers over Innocent’s fake conkers drink October 23, 2019 Smoothie maker Innocent, famous for its playful advertising, has been forced to warn people not to eat conkers after putting out an advert for a fake autumnal drink. The company’s promotion of a new range of Innocent nut milks backfired when it included a seasonal addition of conker-based milk, telling customers: “Your taste buds are [...]
Arqiva owners plan break-up of company after ditching £6bn float August 4, 2019 The investment firms behind telecoms mast giant Arqiva are said to be planning a break-up of the business, two years after they ditched a £6bn float. Read more: BT eyes £80m sale of legal software division Tikit as it focuses on full-fibre The move would see Arqiva’s TV and radio towers business split from its [...]
Sky and Channel 4 sign advertising deal as streaming threat looms large September 17, 2019 Channel 4 has signed a deal to use Sky’s advertising technology as the broadcasters strengthen ties amid growing competition from streaming rivals. The two companies today announced a multi-year deal that will see Channel 4 use Sky’s Adsmart platform to deliver targeted ads on its linear channels. Read more: Ofcom clears Channel 4 News over [...]
BT chief executive Gavin Patterson will step down this year as chairman says there is ‘a need for a change of leadership’ June 8, 2018 BT Group chief executive Gavin Patterson will step down at the end of the year, with a search now underway to find his successor. The telecoms giant expects to have its next chief executive in place by the second half of the year, with Patterson continuing to serve as chief executive until then. Read more: [...]
UK stocks and sterling surge after Conservative election win shuts out Labour December 13, 2019 UK stocks surged today after the Conservatives secured a decisive majority in the General Election, boosted by rallying retailers, housebuilders and utility firms. The FTSE 100 index climbed over one per cent in morning trading, but was held back slightly by a strong sterling, while the FTSE 250, however, leapt as much as four per [...]
It’s up to businesses to make sure no one gets left behind in the digital revolution October 14, 2019 The digitisation of the global economy is transforming the way we communicate, work and live. Today, you can transfer money to the other side of the world in the blink of an eye, pay for a coffee by tapping your phone, and open a bank account in minutes. The startling growth of the UK’s innovative [...]
Community Fibre bags £50m funding boost for London broadband rollout July 16, 2019 London-focused full-fibre broadband company Community Fibre has secured an additional £50m of funding to support its rollout in the capital. Read more: BT may cut dividend to fund full-fibre rollout Community Fibre said the backing, which comes from its two institutional investors, RPMI and Amber Infrastructure, will accelerate its ambition of reaching 500,000 homes. The [...]
Big Four broadband providers lag behind for customer satisfaction March 25, 2019 Broadband customers using the largest providers are the most likely to be getting a bad deal, a new survey has revealed. Despite collectively supplying almost nine in 10 customers, BT, Sky, Talktalk and Virgin Media consistently rank poorly for customer satisfaction, according to consumer group Which. Read more: Zen named best broadband provider by Which [...]
EE and Vodafone ditch Huawei devices from summer 5G rollout May 22, 2019 EE and Vodafone have both blocked Huawei handsets from their 5G launches this summer, the telcos confirmed today, as the fallout from US accusations of spying turned radioactive. Read more: EE will be the first UK provider to offer 5G later this month They had announced the launch of Huawei’s Mate 20 X 5G smartphone when [...]