Sky forced to drop ITV holding
UK broadcaster BSkyB has been told to offload the majority of its holding in rival ITV, on recommendation from the Competition Commission. John Hutton, secretary of state for business and enterprise, said Sky must reduce its stake in ITV from 17.9 per cent to less than 7.5 per cent, and must not sell the shares [...]







With summer supposedly fast approaching, many look to trim some fat and get in shape for the sunny months. The Informer has never been a huge fan of gyms; in fact his favourite machine in the gym is the one that sells chocolate. Telefonica’s UK arm O2, is one business that is looking to get lean for the holidays, though, and this week it announced that it is to trim 3,500 UK employees.