UK media and telecoms correspondent
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Jun 26, 2015

UK online pioneer hopes to strike oil with new tech venture

LONDON, June 26 (Reuters) – One of the three founders of
pioneering British online grocery retailer Ocado, which
has warehouses but no stores, has taken control of a Silicon
Valley-based firm with a similarly unique approach to the
exploration for natural resources.

Jonathan Faiman made his name in Britain in 2000 when, with
no retail experience, he joined two other investment bankers
from Goldman Sachs to form the online supermarket which rivals
said would never work but is now a common sight on Britain’s
high streets with its colourful delivery vans.

Jun 23, 2015

Ladbrokes shares leap on $5 billion Gala Coral merger talks

By Kate Holton and Neil Maidment

(Reuters) – Shares in British bookmaker Ladbrokes (LAD.L: Quote, Profile, Research, Stock Buzz) jumped 20 percent on Tuesday on news of its merger talks with Gala Coral, designed to create a $5 billion giant with the firepower to get ahead in the key online gambling market.

The talks are the first major move by Ladbrokes Chief Executive Jim Mullen, who was appointed in March with a remit to grow digital services at Britain’s second biggest bookmaker and close the gap on market leader William Hill (WMH.L: Quote, Profile, Research, Stock Buzz).

Jun 9, 2015

BT steps up pay-TV battle with European football offer

LONDON (Reuters) – Britain’s BT (BT.L: Quote, Profile, Research) raised the stakes in its battle with arch-rival Sky (SKYB.L: Quote, Profile, Research) on Tuesday by making European Champions League football matches available for free to its television customers.

The move, after BT outbid Sky to the exclusive UK rights to the competition by paying a record 897 million pounds, is the latest bet by the telecoms firm on using the appeal of football clubs such as Barcelona and Bayern Munich to draw in customers to its TV and broadband packages.

Jun 9, 2015

BT steps up pay-TV battle with European soccer offer

LONDON, June 9 (Reuters) – Britain’s BT raised the stakes in its battle with arch-rival Sky on Tuesday by making European Champions League soccer matches available for free to its television customers.

The move, after BT outbid Sky to the exclusive UK rights to the competition by paying a record 897 million pounds ($1.4 billion), is the latest bet by the telecoms firm on using the appeal of soccer clubs such as Barcelona and Bayern Munich to draw in customers to its TV and broadband packages.

May 28, 2015

Vodafone investors open to Liberty deal

LONDON (Reuters) – Some of the biggest investors in Vodafone say they are open to a European tie-up with Liberty Global, as the British company is now in a stronger position to negotiate a deal with John Malone’s cable group.

Shares in the world’s second largest mobile operator hit a 14-year high last week after Liberty’s billionaire chairman Malone said a much-mooted union would be a “great fit” for his company.

May 28, 2015

Britain’s pro-Europeans prepare ‘Yes’ campaign group: sources

LONDON (Reuters) – Supporters of Britain’s membership of the European Union will create a new group shortly to run the “Yes” campaign for a referendum Prime Minister David Cameron has promised by the end of 2017, four sources familiar with the plan told Reuters.

The new group aims to focus the efforts of disparate pro-Europeans who fear a British exit from the 28-nation bloc it joined in 1973 would diminish London’s clout, hammer the world’s fifth largest economy and trigger a new crisis in the EU.

May 19, 2015

Vodafone’s return to growth hints at wider sector recovery

LONDON, May 19 (Reuters) – Britain’s Vodafone posted
a rise in quarterly sales for the first time in nearly three
years on Tuesday in the clearest sign yet that Europe’s mobile
market is edging towards recovery.

The world’s second largest mobile operator has been hit hard
by the constraints on consumer spending in its big European
markets, fierce competition in India and by regulator-imposed
price cuts around the world.

May 19, 2015

Vodafone returns to quarterly sales growth

LONDON (Reuters) – Britain’s Vodafone posted a rise in quarterly sales for the first time in nearly three years on Tuesday in the clearest sign yet that Europe’s mobile market is edging towards recovery.

The world’s second largest mobile operator has been hit hard by the constraints on consumer spending in its big European markets and by regulator-imposed price cuts. But on Tuesday it finally forecast 2016 core earnings growth on an organic basis following seven straight years of declines.

May 19, 2015

Britain’s Vodafone returns to quarterly sales growth

LONDON, May 19 (Reuters) – Britain’s Vodafone posted
a rise in quarterly sales for the first time in nearly three
years on Tuesday in the clearest sign yet that Europe’s mobile
market is edging towards recovery.

The world’s second largest mobile operator has been hit hard
by the constraints on consumer spending in its big European
markets and by regulator-imposed price cuts. But on Tuesday it
finally forecast 2016 core earnings growth on an organic basis
following seven straight years of declines.

May 9, 2015

Cameron savors shock triumph in British election

LONDON (Reuters) – British Prime Minister David Cameron swept to a stunning election victory on Friday, confounding forecasts that the vote would be the closest in decades and winning a clear majority that left his Labour opponents in tatters.

The sterling currency, bonds and shares surged on a result that reversed near-universal expectations of an inconclusive “hung parliament”, in which Cameron would have had to jockey for power with Labour rival Ed Miliband.

    • 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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