The UK government lost more than £340 million (€297.4m) in Eutelsat’s OneWeb Company according to a report in the Sunday Telegraph newspaper. The report states that the investment (of a total of £517 million) was “championed” by Dominic Cummings, at the time an advisor to the Conservative government led by Boris Johnson. The government agreed […]

At this time last year, I was writing about the shameful shambles that was the inevitable disintegration of Richard Sharp’s tenure as BBC Chair. A cash machine crony of Boris Johnson, his tenure was nothing short of embarrassing all round. It has taken a year for a new Chair, Samir Shah, to be named. The […]

The merger between Eutelsat and constellation operator OneWeb has cost the UK taxpayer around £200 million (€230.9m) in losses. The unexpected decision to rescue OneWeb from bankruptcy was driven, at least in part, by anxieties that China could gain control of the struggling business. Dominic Cummings, a key adviser to the now disgraced former Prime […]

GB News, the right-leaning current affairs broadcaster, is reportedly in talks to raise millions of pounds as it contends with a number of Ofcom investigations and a dwindling number of advertisers. SGB News’ parent company, All Perspectives Limited, is targeting a fundraising worth in the region of £30 million (€35.08m) in the coming months, with […]

UK Culture Secretary Lucy Frazer has suggested that the government is to block an expected 9 per cent licence fee increase set out in a funding agreement struck by former Prime Minister Boris Johnson. The fee is supposed to rise in line with inflation from April 2024, and in the three years after that. Speaking […]

Former Prime Minister Boris Johnson is joining GB News as a presenter, programme maker and commentator. Johnson, who joins in the new year, will play a key role in the channel’s coverage of both the UK general election and the US elections next year. GB News added that Johnson “will create and present a new […]

Richard Sharp, the current Chair of the BBC, may have been an outstanding banker. He worked for both JP Morgan and Goldman Sachs and, presumably, made them a lot of money, certainly made himself rich. Is that the definition of a good banker? Did he do it more outstandingly than any of the other individuals […]

BBC Chair Richard Sharp made ‘significant errors of judgement’ when failing to declare his role in the facilitation of a loan to the then Prime Minister Boris Johnson and should reflect on the potential damage caused to trust in the Corporation, according to the Digital, Culture, Media and Sport Committee. The conclusion from the Committee […]

Richard Sharp, the BBC chair, has told MPs his only role in providing a loan to Boris Johnson shortly before he got the job was to “ensure due process was followed”. Sharp said he had personally told Johnson as well as Rishi Sunak, the then chancellor, that he was going for the BBC job before […]