UK media and telecoms correspondent
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Oct 1, 2014

UK’s Sainsbury’s cuts full-year sales forecast after trading worsens

LONDON, Oct 1 (Reuters) – Britain’s J Sainsbury cut
its full-year sales forecast and said it would assess its
dividend policy as part of a strategic review after
second-quarter sales fell sharply, adding to the turmoil in the
grocery market.

Shares in the company, which trails troubled market leader
Tesco and is battling with Wal-Mart Stores’
Asda to be the UK’s No. 2 grocer, rose initially on relief that
sales had not fallen further.

Sep 30, 2014

Virgin Media lodges complaint over Premier League rights auction

LONDON, Sept 30 (Reuters) – Cable operator Virgin Media has complained to Britain’s broadcast regulator over the way that rights to Premier League soccer matches are sold, saying that consumers are being forced to pay too high a price to watch games.

Britain’s Virgin Media, owned by Liberty Global, says it does not plan to bid in the next rights auction but it is affected by the prices paid through its role as a wholesaler of sports channels from BSkyB and BT.

Sep 22, 2014

Tesco cuts profit outlook again and suspends staff after accounting error

LONDON (Reuters) – Tesco cut its profit forecast for the third time in two months on Monday and suspended four members of staff after finding a major fault in its accounts, dealing another blow to the reputation of the world’s third biggest retailer.

Just three weeks after Dave Lewis started as its new chief executive, Tesco’s shares fell up to 12 percent after the firm said it had called in its lawyers as well as new accountants to investigate an error in its UK food business that forced it to cut its first-half profit outlook by 250 million pounds ($408.50 million).

Sep 19, 2014

British PM Cameron says Scottish independence issue settled ‘for a generation’

LONDON (Reuters) – British Prime Minister David Cameron said the issue of Scottish independence had been settled “for a generation” on Friday but pledged a swift constitutional shake-up after what he called “a clear vote” by Scots to stay part of the United Kingdom.

Cameron, whose own job would have been on the line if Scots had voted in favour of independence, said his strategy to allow Scots a referendum had been the right thing to do from a democratic point of view and had been vindicated.

Sep 19, 2014

Cameron says Scottish independence issue settled ‘for a generation’

LONDON (Reuters) – British Prime Minister David Cameron said the issue of Scottish independence had been settled “for a generation” on Friday but pledged a swift constitutional shake-up after what he called “a clear vote” by Scots to stay part of the United Kingdom.

Cameron, whose own job would have been on the line if Scots had voted in favour of independence, said his strategy to allow Scots a referendum had been the right thing to do from a democratic point of view and had been vindicated.

Sep 14, 2014

Tesco seeks ingredient to be Britain’s best-loved grocer again

THETFORD, England, Sept 14 (Reuters) – Standing with bags of
groceries outside discount store Lidl in Thetford, eastern
England, Jodie McGloughlin explains simply why she turned her
back on Britain’s biggest retailer – its high prices.

“With Tesco.. all them pounds add up,” the 22-year-old mum
says. “I think that’s what people notice.”

Aug 29, 2014

Tesco slashes profit forecast and dividend as trading slumps

LONDON (Reuters) – Britain’s biggest retailer Tesco (TSCO.L: Quote, Profile, Research, Stock Buzz) slashed its interim dividend by 75 percent as tough trading conditions forced it to cut its profit forecast for the second time in two months.

Tesco, which warned on profits in July as it ousted chief executive Phil Clarke, also said his replacement Dave Lewis would start on Monday, one month earlier than expected, and with a remit for a major review of the company.

Aug 22, 2014

British Muslims blame jihadi subculture after beheading video

LONDON/BAGHDAD (Reuters) – A British Muslim leader called for action on Thursday to tackle a jihadi sub-culture after an Islamic State video showed a suspected Briton beheading U.S. journalist James Foley, held hostage in Syria.

In Washington, U.S. Defense Secretary Chuck Hagel said the threat from Islamic State was “beyond anything we’ve seen” and the U.S. Justice Department opened a criminal investigation into the death of Foley on the video, which featured a masked man speaking English with a British accent.

Aug 21, 2014

British Muslim calls for action on jihadi subculture after beheading video

LONDON/BAGHDAD (Reuters) – A senior British Muslim called on Thursday for action to tackle a jihadi sub-culture after an Islamic State video showed a suspected Briton beheading U.S. journalist James Foley held hostage in Syria.

In Washington, Attorney General Eric Holder said the U.S. Justice Department had opened a criminal investigation into the death of Foley on the video, which featured a masked man apparently speaking English with a British accent.

Aug 21, 2014

British Muslims urge cooperation in Foley murder hunt

LONDON (Reuters) – British Muslim leaders urged people to contact police if they knew the identity of the man with an English accent who appeared in a video showing the beheading of an American journalist.

The Muslim Council of Britain, the largest Muslim umbrella group in the country, condemned the “abhorrent murder” of James Foley in Syria and called for united action by Muslims to stop the “poison of extremism” infiltrating their communities.

    • About Kate

      "I am based in London and cover the UK media and telecoms sectors including BSkyB, Vodafone and WPP. I have previously covered UK general news and sports including major events such as the Olympics and football World Cups."
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