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  • UK media giants join forces to curb AI’s use of their journalism

    Media

    Sky News has teamed up with the BBC, the Financial Times, the Guardian and the Daily Telegraph to form a new coalition aimed at setting industry standards for how AI uses news content. The group, under the name the Standards for Publisher Usage Rights coalition (SPUR), has been launched in response to growing concern that [...]

    GettyImages 2163025724 showing a significant moment or event relevant to the latest news in the General category.
  • Financial Times lays off staff as chief executive warns of ‘need for change’

    Media

    The Financial Times has completed a round of layoffs, City PM understands, as the London newspaper’s new chief executive told staff of “the need for change” as part of an internal restructuring.  Around a dozen roles across the paper’s Product and Tech department have been axed following a consultation process, according to internal communications seen [...]

    Operating profit at the Financial Times fell by £4.56m year on year
  • Amol Rajan to step down from BBC Radio 4’s Today programme

    Media

    Amol Rajan is to step down from BBC Radio 4’s Today programme later this year, ending a four-year stint as one of the flagship show’s presenters, according to the BBC. Rajan will remain with the company and continue to present University Challenge as well as the Radio 4 podcast ‘Radical with Amol Rajan’. An announcement [...]

    Amol Rajan speaking at a press conference, wearing a suit and tie, addressing the media with microphones in front of him
  • Steven Bartlett hiring journalists for new tech news site

    December 1, 2025

    Dragons’ Den entrepreneur Steven Bartlett has set up his own journalism website focused on technology news, City PM can reveal. The website, Founded.com, is to report on technology companies based in the UK and US and is expected to officially launch in the middle of December. A total of 10 journalists, as well as an [...]

  • The Guardian slashes losses amid record sales following The Observer deal

    May 27, 2025

    The Guardian has slashed its losses and achieved a record revenue in the year the media group sold The Observer. The title achieved a revenue of around £275m, according to unaudited figures for the year to 31 March 2025, up from the £257.8m it posted for its prior financial year. The Guardian’s losses, which it [...]

  • ITN: Profit slashed at ITV, Channel 4 and 5 news giant

    April 7, 2025

    Profit at ITN, the organisation which powers ITV News, Channel 4 News and 5 News, was slashed almost in half in 2024. The business has reported a pre-tax profit of £779,000 for its latest financial year, down from the £1.4m it posted for 2023. The total for 2023 was also significantly down from the £8.9m [...]

  • Dan Walker and Jeremy Vine help Channel 5 to record year

    February 3, 2025

    The star power of Dan Walker and Jeremy Vine helped viewing figures for ITN-produced daily news and current affairs on Channel 5 surge in 2024. 5 News at 5pm, which is anchored by Walker, increased its audience by four per cent to a 3.4 per cent market share. The figure means 2024 was the highest [...]

  • Sicily yacht sinking: Five bodies found inside Bayesian wreck

    August 21, 2024

    Five bodies have been found on day three of a search for six missing people following the sinking of a superyacht on Monday off the coast of Sicily.

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