Interest rate hikes are all about timing, which makes this rise bizarre

The Bank of England cut rates last year to deal with a Brexit downturn that didn’t happen but it raised rates now when the risks feel more immediate

Alex Salmond joins bid to take control of anti-independence paper the Scotsman

Ex-first minister aims to make title more ‘pro-Scotland’ as part of bid for Johnston Press, which also owns Yorkshire Post

WPP cuts forecasts again – but says Brexit is boosting UK business

Sir Martin Sorrell says British market is stronger than other parts of world but firms worldwide are cutting costs

Battles over music and sports streaming dominate high court

Nearly 300 cases were brought by the Football Association and performance rights bodies in year to March, study shows

Vanity Fair hunts for an editor in a post-Weinstein world

As sexual harassment accusations sweep through many industries, the selection of a new editor has become a prism through which to read a changing landscape

Spotify on song as UK revenue rises to £237m

Music streaming service continues to boom ahead of expected IPO, as subscription income rises by 26%

Twitter bans ads from RT and Sputnik over election interference

Company announced decision following US intelligence community’s conclusion that Russian media outlets sought to interfere with the US election

Channel 4 move from London could create 7,500 jobs, report says

Government study says relocation could bring almost £600m in economic benefits to the region where broadcaster is moved

Apple has Netflix and Amazon in sights as it hires British TV executive

Channel 4’s Jay Hunt who poached Bake Off from BBC and commissioned hit shows like Sherlock appointed creative chief of European video operations

ITV’s After the News beats BBC’s Newsnight in ratings

Early success of current affairs show is boost for ITV and improves chance of four-week run being extended

The Weinstein Company in talks on possible sale

Film studio to take ‘capital infusion’ and discuss potential sell-off in wake of allegations against Harvey Weinstein

So long, Slumdog? Film studio chief says Brexit threatens British cinema

Lionsgate’s Zygi Kamasa fears hits such as Slumdog Millionaire will no longer be made as funding for UK films starts to dry up

WPP companies lobbied for NRA – as ad firm claimed to oppose gun violence

UK multinational has been one of US pro-gun group’s key political advocates, its firms collecting $1.46m in fees since 2007