UK media and telecoms correspondent
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Sep 3, 2015

EasyJet upbeat after surge in demand for late-summer sun

LONDON, Sept 3 (Reuters) – EasyJet raised its
full-year profit outlook on Thursday after record demand for
beach holidays and city breaks showed the British low-cost
airline was more than meeting a challenge from reinvigorated
rival Ryanair.

The airline said it was optimistic about its performance,
forecasting full-year profit growth of up to 21 percent for the
year to end September, compared with a previous forecast of up
to 14 percent. Its shares rose more than 6 percent and topped
the FTSE 100 leader board.

Sep 2, 2015

Murdoch favourite Brooks returns to UK job in remarkable comeback

LONDON (Reuters) – Rebekah Brooks, the Rupert Murdoch protegee cleared last year of orchestrating a criminal campaign that damaged the British establishment, will return to her old job running the tycoon’s British newspapers next week in a stunning comeback.

Brooks, who worked her way up from the lowest rung on a newsroom ladder to become one of the most influential people in Britain, will resume oversight of the Sun and The Times of London papers on Monday following a high-profile fall from grace four years ago.

Sep 2, 2015

Murdoch favorite Brooks returns to run British newspapers

LONDON (Reuters) – Rebekah Brooks will return to her old job running Rupert Murdoch’s British newspapers, one year after she was cleared of criminal wrongdoing in one of the biggest media and political scandals to hit the country.

Brooks, who worked her way up from the lowest rung on a newsroom ladder to become a Murdoch protege and one of the most influential people in Britain, will resume oversight of the Sun and Times of London papers on Monday in a remarkable comeback.

Aug 28, 2015

Rebekah Brooks returning to News Corp as UK chief: FT

LONDON (Reuters) – Rebekah Brooks will return to her old job heading Rupert Murdoch’s British newspaper division, the Financial Times reported, just over a year after being cleared of criminal charges in a phone-hacking scandal.

Her return to News Corp could be as soon as early September, the Financial Times said on Friday, citing people familiar with the matter.

Aug 26, 2015

U.S. growth offsets Chinese jitters at ad group WPP

LONDON (Reuters) – Britain’s WPP (WPP.L: Quote, Profile, Research, Stock Buzz), the world’s biggest advertising company, said it was on track to hit its demanding full-year sales target after solid first-half demand in mature countries helped to offset a slowdown in China.

WPP, which handles the advertising needs of brands such as Ford and Unilever through agencies including JWT and Ogilvy & Mather, posted results showing it was performing broadly on a par with its two big U.S. rivals Omnicom (OMC.N: Quote, Profile, Research, Stock Buzz) and IPG (IPG.N: Quote, Profile, Research, Stock Buzz) and ahead of French group Publicis (PUBP.PA: Quote, Profile, Research, Stock Buzz).

Aug 12, 2015

Agnelli family lifts stake in The Economist as Pearson sells out

LONDON (Reuters) – Britain’s Pearson brought an end to its near 60-year ownership of the Economist on Wednesday, agreeing to sell its 50 percent stake in a deal that makes Italy’s Agnelli family the largest shareholder in the weekly title.

The 469 million pound ($731 million) deal had been expected after Pearson sold the Financial Times newspaper last month to Japan’s Nikkei to focus on its education business.

Aug 10, 2015

UK farmers protest over fear of financial ruin from low milk prices

LONDON, Aug 10 (Reuters) – British farmers warned on Monday
they were facing financial ruin with falls in the price of milk
forcing many out of work and spurring others to blockade
distribution centres and walk cows through supermarkets.

Farming unions from across the country were meeting in
London to urge the government to provide more help for an
industry that has seen a 25 percent year-on-year drop in the
amount farmers are paid for milk.

Jul 30, 2015

Clarkson and ‘Top Gear’ presenters sign with Amazon for new car show

LONDON (Reuters) – Britain’s former BBC “Top Gear” host Jeremy Clarkson has signed an exclusive deal with Amazon to present a new motoring show for the online retailer’s subscription service alongside co-presenters Richard Hammond and James May.

Clarkson had generated both controversy and profits for Britain’s publicly-funded broadcaster. His BBC contract was not renewed after he physically attacked a member of the “Top Gear” production staff in March.

Jul 29, 2015

Sky beats year forecasts with broad demand across Europe

LONDON (Reuters) – European pay-TV group Sky said on Wednesday it expects to perform strongly in its new financial year after better-than-expected 2014/15 profits prompted investors to rethink their growth forecasts for the newly-enlarged group.

Sky, formed from the combination of Britain’s BSkyB, Sky Deutschland and Sky Italia to serve 21 million customers in Europe, posted full-year results boosted by record demand in Germany and Austria, a stabilization in Italy and continued solid growth in Britain and Ireland.

Jul 24, 2015

Recovery takes hold at Britain’s Vodafone

LONDON, July 24 (Reuters) – Vodafone said an
acceleration in quarterly sales growth should continue through
the year, showing its recovery is moving on to a stronger
footing and boosting its shares on Friday.

The world’s second-largest mobile operator by customers,
which reported a return to quarterly sales growth for the first
time in nearly three years in May, has been hit by weak consumer
spending in its big European markets and price cuts imposed by
regulators around the world.

    • 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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