Unison launches NHS lawsuit August 24, 2010 Unison has launched legal action against the government, claiming the public wasn’t properly consulted over plans to substantially overhaul the NHS. The union has applied for a judicial review of the proposed shake-up, calling Andrew Lansley’s review of the public health service a “sham”.
PPF announces plans for survival August 24, 2010 The Pension Protection Fund (PPF) is today expected to unveil plans to generate enough cash to cover all employers’ future benefits by 2030. The PPF’s Long-Term Funding Strategy will use a programme of adjustable employer levies.
WHAT THE OTHER PAPERS SAY THIS MORNING August 24, 2010 FINANCIAL TIMES CIVIL SERVANTS IN PLEA OVER JOBS CULL John Bercow, the Commons Speaker, is being urged to stop ministers from rushing through legislation that will slash redundancy terms for civil servants and clear the way for a cull of up to 100,000 jobs. Francis Maude, cabinet office minister, has asked Mr Bercow to approve [...]
Fears of fresh dip see a race for safe assets August 24, 2010 FEARS of a double-dip recession on both sides of the Atlantic intensified yesterday sending rattled investors rushing into the relative safety of the government debt market. In the UK, yields on 10-year government debt fell to 2.876 per cent – the lowest level on record and below the level of March 2009 when the Bank [...]
Facebook value exceeds $33bn on pre-IPO rush August 24, 2010 FACEBOOK, the privately held social networking website, could be worth as much as $33.7bn (£21.8bn), based on secondary market transactions, pushing it past rivals Yahoo and Ebay. According to reports in the Financial Times, a scramble for common stock in the company, which is trading as high as $76 per share, has given the group [...]
Jupiter chief predicts series of shocks to UK August 24, 2010 JUPITER chief executive Edward Bonham Carter yesterday sounded a warning note on the fragility of the economic recovery, predicting a series of shocks over the coming months which could plunge the UK back into recession at any time. Bonham Carter, who pulled off a coup in June by floating Jupiter successfully on the LSE in [...]
Parker’s late show spares Grant blushes August 24, 2010 WEST HAM UNITED (1) vs OXFORD UNITEDM (0) PRICELESS captain Scott Parker struck the winner in the third minute of stoppage time to spare Avram Grant’s blushes and snatch his first win as West Ham manager. The Premier League side largely failed to assert their superiority over a team currently ranked 86th in the country [...]
More than a series at stake in final Test August 24, 2010 AT THE CREASE WITH THE IMPORTANCE of a win for England in tomorrow’s deciding Test against Pakistan should not be underestimated. With an Ashes tour just months away, Andrew Strauss and his men would really benefit from ending the summer on a triumphant note. Clinching the series with a comfortable victory would restore the feel-good [...]
Another investor mulling Liverpool bid, says Harris August 24, 2010 A MYSTERY would-be buyer has already completed due diligence on Liverpool and is weighing up whether to make a bid, according to high-profile financier Keith Harris. Chinese businessman Kenny Huang last week ended his flirtation with buying the club, which has debts of around £280m, after emerging as the latest interested party. But Harris, who [...]
Monty: Ryder Cup choice ‘impossible’ August 24, 2010 EUROPEAN Ryder Cup captain Colin Montgomerie has compared his selection dilemma with Fabio Capello’s headache over whether to take Theo Walcott to the World Cup. England football team boss Capello caused a stir by dropping Arsenal winger Walcott from his final 23 for South Africa earlier this year. But Montgomerie believes he faces an even [...]
