Scottish Radio Holdings (SRH) has paid £3.2 million for the remaining 60% stake in Carlisle Radio (CFM) it does not already own, the group announced this morning. CFM started broadcasting to Carlisle and West Cumbria in April 1993 and covers an area with a population of 230,000; 47% tune in each week. Its share of… Continue reading Scottish Radio Takes Remaining 60% Of Carlisle Radio

Despite an almost global downturn in the telecoms and IT markets, in Italy these sectors are growing ‘steadily’ reports Europemedia. Lay offs in the US have reportedly reached 136,006 for the period December 1999 to July 2001 (according to thestandard.com) yet the number of workers in the Italian IT sector has grown by 3.7% since… Continue reading IT Slowdown Yet To Hit ‘Steady’ Italian Market

A recent survey of leading online brokerage firms by Deloitte & Touche reveals that average use of online accounts has declined 42% as investors are taking a more conservative approach to their portfolios due to market volatility. The slowdown and unease in the US economy which began in early 2000 has significantly affected investment in… Continue reading Use Of Online Brokerages Falls In US

Despite slow short-term growth, the worldwide B2C market is set to be worth £428 billion by 2004 according to new research by eMarketer. Currently, due to the failure of many dotcoms over the past year, B2C commerce accounts for only a small percentage of all retail but eMarketer forecast that this will change after 2002… Continue reading Worldwide B2C Commerce Worth $428 Billion By 2004, Says eMarketer

Despite a huge potential market, UK firms lack the capability to exploit the B2B online market, according to a new report by Forrester. Online business could be worth £300 billion by 2005 says Forrester but firms will have to work hard to overcome their current organisational and technological difficulties in order to reap the benefits… Continue reading UK Online B2B Commerce Will Be Worth

The slowdown in the US economy and the knock-on effect on IT spending has had understandable repercussions for the rest of the world, being as it is the largest market. However, regions outside of the US and Canada have remained relatively immune to the slump so far and most are still showing growth for 2001.… Continue reading IDC Forecasts IT Spending Recovery In 2002

According to recent report by Oftel, there are now six million more internet households in the UK than there were a year ago. OftelÂ’s residential survey shows that 10 million (40%) of UK households were online in May 2001, an increase of 3.75 million in a year. Source: Oftel, July 2001

The softening economy in the US finally took its toll on online shopping last month, according to the most recent findings of Forrester Research’s Online Retail Index. The 18th edition of the monthly survey shows that total US spending via the web decreased from $3.9 billion in May to $3.2 billion in June. The number… Continue reading US Economic Downturn Hits Online Sales

The German advertising market is now looking extremely weak, according to an analysis of ACNielsen data by ABN Amro. The broker says that its previous forecast growth of 0.7% is now too high and is instead predicting a decline of 0.2% for the full year. The worst hit sectors will be outdoor and newspapers and… Continue reading German Ad Market Is ‘Extremely Weak’

According to PricewaterhouseCoopers, significant change is underway in the Information, Communication and Entertainment markets. In the report “The New Ice Age: Focusing Around The Individual”, PWC puts forward it’s forecasts for the future of these markets and assesses the outlook for companies operating within this environment in the UK. Considering the current turmoil of the… Continue reading The New ICE Age, PWC Reports On The Information, Communication And Entertainment Markets