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Britain’s credit rating looking at downgrade 
Posted on  10-02-2010 10:06:46 AM (GMT +01:00)
Published By  City News Desk

City News Desk

The UK's credit rating is facing a potential downgrade, following a higher than expected trade deficit, with £7.3 billion goods imported in December up from £6.8 billion in November, against a projected £6.6 billion from economists.


Fitch the credit rating ...

  
City begins to realise the "looming threat" of new Brussels regulation 
Posted on  08-02-2010 08:54:48 AM (GMT +01:00)
Published By  City News Desk



New rules threaten London based hedge funds
City "not happy" with Government's lack of defence for financial services in London

City Desk

Voices within the City of London are growing to "scrap the AIFM directive" with campaigns now in the Daily Telegraph and ...

  
Music rights vs Pub industry – New court ruling expected 
Posted on  05-02-2010 02:12:46 PM (GMT +01:00)
Published By  Media Desk

Recording rights collecting society PPL is now awaiting a new court ruling in its ongoing dispute with the UK pub industry.
 
The PPL has been in disagreement with the British Beer And Pub Association and the British Hospitality Association, about what royalties pubs and their like should ...


  
Gatwick 'carve up' continues - more foreign owners 
Posted on  05-02-2010 01:57:48 PM (GMT +01:00)
Published By  declan@thelondondailynews.com

The carve up of London's second biggest airport continued today with the announcement of The Abu Dhabi groups 15% purchase  of Gatwick.

Earlier this week, South Korea’s National Pension Service took a 12% from Global Infrastructure Partners (GIP), who bought the transport hub for £1.5bn last year after ...


  
Has Evening Standard Freesheet gamble paid off? 
Posted on  04-02-2010 04:46:08 PM (GMT +01:00)
Published By  declan@thelondondailynews.com

Almost four months since the Evening Standard went freesheet there are signs the move may have been a good call.

This week the National Readership Survey showed 1.37million people read the paper.

Figures show for the period 11 October to the end of December, readership has grown from ...


  
Facebook rule out music service - no ‘knockout’ for Myspace - Shares 'to go public' - $11bn valuation 
Posted on  04-02-2010 01:57:53 PM (GMT +01:00)
Published By  Media Desk

Facebook have unequivocally said they "have no plans to launch a music service".

There has been chatter for years now that Facebook would launch some sort of proprietary music service to compete with MySpace's music platform, the strong link to music being the latter's only real Unique Selling ...


  
What happened to London's new Freesheet? "No advertising - no reporters" 
Posted on  04-02-2010 12:10:38 PM (GMT +01:00)
Published By  Media Desk

Last week we reported on the apparent launch of a new freesheet set to hit London's streets, but not is all it appears to be.

The Weekly's initial chief editor, Roisin Robertson, has apparently left the company.

A Press Manager at leading media buying agency Starcom Mediavest, Scott ...


  
City still unsure High Street entertainment stores can survive 
Posted on  04-02-2010 02:53:21 PM (GMT +01:00)
Published By  Business Desk

The continued growth of digital entertainment products over the physical will present a challenge for high street entertainment retailers like HMV and Game, a report from a KPMG-backed think tank says.

Many thought the loss of Borders, Zavvi and Woolworths had 'bottomed out' the systemic demise of the ...


  
Fears of a 'cut to the bone' as ITV appoint Adam Crozier as Chief Executive 
Posted on  28-01-2010 01:47:12 PM (GMT +01:00)
Published By  declan@thelondondailynews.com

There are fears of a 'cut to the bone' as ITV lined up Adam Crozier as their new Chief Executive.

Crozier has never worked in media, but has experience of handling the media in his pervious roles in advertising and running the Football Association.

He has spent the ...


  
Is the iPad a bit of a damp squid? 
Posted on  28-01-2010 07:43:45 PM (GMT +01:00)
Published By  Business Desk

There has been a mixed response overnight to Apple's latest new product, the iPad.

What had previously been dubbed the iTablet, is Apple's big play in the so called 'tablet' PC market, ie an entertainment-focused, touch screen laptop without a fold out keyboard.

There is no ...


  
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Chinese military power worries JapanChina's military puts the scare into Japan and the U.S. is a key to keeping peace in the region, Japan's Defense Ministry said in a white paper Friday. FULL STORY l YEN BUYS TROUBLE TOKYO l NEW PM COMING?

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