The Bank of England has today voted to leave UK interest rates on hold at 6% after its monthly monetary policy meeting. The decision was in line with City expectations and will be greeted with relief by businesses and homeowners, who have seen rates rise four times since September.
The Guardian Media Group is to become official media sponsor for the Manchester 2002 Commonwealth Games. The group, which publishes the Guardian, Observer and the Manchester Evening News, signed a £12 million deal with two other unnamed sponsors last night.The group will be responsible for publications and website material for the Games, which will be… Continue reading Guardian To Sponsor Commonwealth Games
The Competition Commission has told the Department of Trade & Industry that it believes there should be an extension to the deadline for its enquiries into the proposed merger of Carlton Communications and United News and Media. A report on the merger was proposed on 8 February, with the Commission expected to complete its report… Continue reading Competition Commission Extends Deadline To Report On Carlton/UNM
Aura is Eve Pollard’s Parkhill Publications latest offering following the launch of Wedding Day last year. It is to be published monthly and the cover price is £2.50.Aura aims to target ABC1 women with an average age of 40 – the ones who “read Honey, wore loon pants and Biba T-shirts, screamed at The Monkees,… Continue reading First Issue Review: Aura: Jaffa Cake Years
Faith in technology, media and telecoms (TMT) shares continues to falter, exacerbated by the court decision against Microsoft. This factor, combined with heavy falls on the US Nasdaq index, made yesterday a bad day for media stock.United News and Media fell 49p to 735p in spite of a vote of confidence from Deutsche Bank, which… Continue reading Sharewatch
TalkSport, the UK’s first national sports radio station, is to launch its biggest advertising campaign next week. The £2 million push will last for six weeks from 10 April.The ads will be based around the slogan “All Sport All Day” and will comprise national television slots, Sky Sports channels and 6-sheet posters. An on-air promotion… Continue reading TalkSport Unveils Major Ad Campaign
The ITC has upheld complaints about two television adverts by Cable & Wireless. Seven viewers in the Granada region complained when an advert about the company’s digital television cable service aired with the strapline “The most advanced digital TV on earth is here.” At the time, the full digital service was not available in the… Continue reading ITC Agrees Cable & Wireless Ads Were Misleading
The Radio Authority has announced that it is inviting applications for a local digital multiplex licence in the Northern Ireland area. This is the latest of the planned advertisements of digital radio licences, at a rate of one per month, designed to provide local digital services throughout the UK.The licence is to cover an area… Continue reading Radio Authority Advertises Digital Licence For Northern Ireland
The Granada Group today announced a 10% increase in media sales in the six months to 31 March. Net advertising revenue is estimated to have grown by 11%, which it claimed is well ahead of ITV averages for the period.The media and hospitality group announced the increases in a trading update ahead of going into… Continue reading Granada Reports 10% Increase In Media Sales
The Daily Mail has had a complaint against its Monday supplement M upheld by the Advertising Standards Authority. An objection was raised when the complainant bought a copy of the newspaper, having read a front page flash the previous week which described the supplement as “A brilliant new Monday Magazine”. When she discovered that M… Continue reading ASA Upholds Complaint About Daily Mail Spoiler Supplement
