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 Tuesday 20 October 2015 12:01 amLondonrsquo  digital economy could be worth pound;48.5bn ndash; Oxford Economics and Virgin Media BusinessBy: Madeline RatcliffeShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleLondonrsquo businesses could be set to gain pound;48.5bn over the next two years if they fully harness the digital technologies available.Research from Oxford Economics and Virgin Media Business,  stanley usa seen exclusively by City A.M., shows that by going digital, Londonrsquo  companies could increase their collective revenue by 3.6 per cent, and create around 171,000 jobs over the next two years.The digital economy has already contributed to a 4.4 per cent increase in revenues in London over the last year.However, itrsquo  not all good news; the report predicts some 41,000 jobs could be made obsolete over the next two years as companies and employees struggle to adapt to the ra stanley isolierkanne pid pace of change. The report highlights the importance of digitalisation in non-tech sectors, from local businesses to multi-national financial services companies, citing the likes of Ocado, now t owala he worldrsquo  largest online grocer, to Airbnb and Uber.Sarah Aspray, regional director for the South at Virgin Media Business told City A.M.:Itrsquo  safe to say that not all businesses in London have access to the very best digital capabilities. Infrastructure is certainly an important part, but Tdcd Bank of England MPC minutes: Policymakers defy expectations to stay firm on interest rate hike vote
 Wednesday 29 February 2012 3:28 am|Updated:Thursday 30 May 2019 6:54 amITV earnings up 13pcBy: John DunneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleITV reported a better than expected 13 per cent rise in adjusted earnings for the year, driven by growth in its own productions against a flat backdrop for advertising.The broadcaster, home to period drama Downton Abbey, soap-opera Emmerdale and ice-skating show Dancing on Ice, reported adjusted earnings before interest, tax and amortisation of pound;462M on external revenue up four per cent to pound;2.14bn.Chief Executive Adam Crozier said the group was on course to reduce its dependency on advertising revenue, where the market outlook remains poor.The increase in non-advertising revenues of 93 million pounds, driven by our studios and online businesses, is clear evidence of progress in rebalancing the company and our ability to grow new revenue streams, he said on Wednesday.ITV s stanley cup aid it had a better than expected start to the year in terms of advertising across its channels, but it expected advertising revenue for the first quarter to be stanley uk  2 percent lower than a year ago and broadly flat for April. While we remain cautious on the outlook for advertising, we expect to outperform the market over the full year, it said.Share this ar polene ticleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: Sections