It was always an unfair tax and now the Chancellor has gotten rid of VAT on digital magazines, papers and books. The BBC reports on yesterday's announcement that the Government has tackled the odd situation that printed reading material was always VAT-free but incurred a 20% tax once it went online.

"The Guardian" is speculating today that as applications for the top job at the BBC close, no senior UK media executives are applying because the role is a a "poisoned chalice" that will lead to instant conflict with the Government.

Adam & Eve/DDB has won "Campaign" magazine's agency of the year for a record sixth time.

A third of customers want more than points that eventually lead to discounts from loyalty schemes, according to research from the DMA covered in "Netimperative."

"Campaign" reveals that according to its latest annual report, Unilever increased brand and marketing investment spending by 1.7% in 2019 to reach 7.27 billion Euros.

Sequoia, the well-know Silicon Valley venture capital giant, is to open a London office and has poached Luciana Lixandru from European firm Accel to run it, "The Telegraph" reports.

"The Independent" is raising the prospect that the launch of Apple's new smartphone at the end of the month, rumoured to be a budget iPhone 9 model, may have to be called off, or moved, because large gatherings of more than 1,000 people have been outlawed in the Santa Clara area.

Boris Johnson's Government survived a revolt among its own MPs yesterday over a vote on whether to allow Huawei to play a role in the UK's 5G mobile network. The Tory rebels had proposed that "high risk" vendors should not be allowed to supply equipment after 2022, but the Government won the vote, "ITV News" reports.

Concern over the coronavirus could be behind a 12% uptick in demand for subscription tv packages and an 8% surge in spending on home food deliveries noted by payments provider Barclaycard, "The Drum" reports.

"The Telegraph" has been speaking to experts who believe that, despite government assurances over grocery supplies, the reason the UK is seeing empty shelves for products such as toilet rolls is largely attributable to hysteria spread on social media.