Junior doctors strike: British Medical Association (BMA) confirms all-out strike for 26 and 27 April March 23, 2016 Junior doctors in England will stage a full walk-out on 26 and 27 April, the British Medical Association said this afternoon. The announcement marks the latest move in an escalating row between medical professionals and the government. The planned strikes on 26 and 27 April will be the first time the doctors have refused to provide [...]
Sky’s got a new UK chief executive: Stephen van Rooyen named chief of UK and Ireland under Europe boss Jeremy Darroch March 23, 2016 Sky has re-jigged its management in the UK, promoting digital and marketing chief Stephen van Rooyen to chief executive of the UK and Ireland. He'll focus on running the business in the UK and Ireland, reporting to Jeremy Darroch who recently became group chief executive of the Europe-wide business. Sky reshuffled its management earlier this week, [...]
EU referendum: Business groups hit back at claims by Boris Johnson that business support for remaining in EU is not as strong as commonly thought March 23, 2016 Mayor of London Boris Johnson has said that business support for the European Union is not as zealous as people commonly think, in a clash with senior Tory MP Andrew Tyrie. Speaking to MPs, Johnson said that he is aware that organisations such as the CBI and the British Bankers Association are in favour of [...]
“Riskier” European M&A market may mean sellers have to lower prices and heighten risk appetites this year March 23, 2016 Sellers may have to lower their prices and heighten risk appetites in this year's European mergers and acquisitions (M&A) market, according to a new report. Law firm CMS's eighth annual M&A Study found 2015 was a record year for European activity, as was the case across the globe, with more than $5 trillion of deals tracked. But 2016 is “already [...]
Prime Minister David Cameron: Pubs will stay open later on 10th and 11th of June for Queen Elizabeth II’s 90th birthday March 23, 2016 Pubs will be allowed to stay open longer on 10 and 11 June as part of nationwide celebrations marking the Queen's 90th birthday, Prime Minister David Cameron confirmed today. Downing Street said that subject to a consultation process with licensing authorities, the pub industry and community groups, pubs that are licensed to trade until 11pm will be allowed [...]
Network Rail to invest £800m to develop London Waterloo to boost capacity by 30 per cent March 23, 2016 London Waterloo will become less busy and congested by 2019 after Network Rail piles £800m into developing the station. The investment to improve London's busiest railway stations will provide extra seating and a fleet of new trains that will be longer, while providing a 30 per cent increase in peak time passenger capacity by 2019. [...]
Chinese economy carried on growing at a sluggish pace in March, according to business survey March 23, 2016 China’s economy continued to grow at more moderate pace in March, according to new business survey data released today. The sales managers’ index produced by World Economics scored 51.2 in February, equal to the month before. As the score is above 50, it implies the economy grew over the month. While it is the joint-lowest [...]
Hinkley Point C nuclear power plant: EDF chief executive Vincent de Rivaz assures MPs that the project will go ahead March 23, 2016 EDF assured MPs that the Hinkley Point C nuclear power project will go ahead, but failed to give an exact date for the final investment decision. Appearing before the energy and climate change select committee, EDF Energy's chief executive Vincent de Rivaz said: "Clearly and categorically, Hinkley Point C will go ahead." He added that the [...]
Switching mobile networks is about to become much easier under new proposals from Ofcom March 23, 2016 Changing your mobile phone provider is about to become much easier. Regulators have put forward new proposals to make switching networks easier for customers. Ofcom has suggested two options, its preferred one being the new provider handling the switch. "It is unacceptable for people to be missing out on better mobile deals because they fear the hassle of [...]
Rupert Murdoch’s Times newspapers report pre-tax profit of £10.9m, up from 2014 loss March 23, 2016 Times Newspapers, part of Rupert Murdoch's News UK, has reported a return to pre-tax profit. Elsewhere, News Group Newspapers – the News UK arm that publishes The Sun – reported a £253m pre-tax loss because of legal costs. The figures The Times and Sunday Times titles reported a pre-tax profit of £10.9m for 2015, up from a loss of [...]