NHS urges private healthcare to share patient data and boost care in winter crisis December 14, 2022 The NHS has urged private healthcare operators to share data across the health network to boost patient care amid a winter crisis. A report by the NHS’ Acute Data Alignment Programme has doubled down on its bid to create a single source of healthcare data in England, saying it could improve the quality of treatment [...]
Arm shies away from China over US and UK export controls on advanced chips December 14, 2022 British chip firm Arm has been taken off the roster for China’s semiconductor supply chain after the UK and US adopting stringent export controls on advanced chips to the country. It has reportedly left Chinese consumer technology giant Alibaba unable to get its hands on some of the most advanced chips in the sector, according [...]
Fewer hospital beds and rising staff sickness dragging down NHS, says IFS December 14, 2022 The NHS is less productive now than it was before the pandemic despite an increase in spending each year since 2019. In October 2022, the NHS carried out 14 per cent fewer emergency admissions, 14 per cent fewer outpatient appointments and 11 per cent fewer elective and maternity admissions than in the same month in 2019, [...]
City Moves: Who’s switching jobs in the Square Mile? December 14, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Cadwalader, Wickersham & Taft Law firm Cadwalader, Wickersham & Taft has poached its latest partner from Hogan Lovells. New ESG finance and investment partner Sukhvir Basran had previously co-founded Hogan Lovells’ global sustainable finance and investment group. [...]
Europe’s largest life sciences laboratory gets one step closer to landing in London December 13, 2022 Planning permission for Europe’s largest laboratory has been submitted today, as London patiently awaits a boost to its life sciences sector. The Canary Wharf Group and Kadans Science Partner, which builds science facilities, have submitted their planning application for the 23-storey tower, which was first announced in March. The pair are reportedly expected to fork [...]
China crafts £116bn chips support package as it tackles US curbs with WTO December 13, 2022 China is reportedly crafting a $143bn (£116.5bn) package to support its semiconductor industry, as it tackles new US trading curbs with the World Trade Organisation (WTO). The package would be a major pillar in sustaining its chips sector, which is currently fielding attempts from the US to slow its technological advances. Beijing plans to roll [...]
Conviction Life Science pushes back IPO deadline as winter investment freezes December 13, 2022 Investment manager Conviction Life Science has pushed back the funding deadline for its London float into the new year, as investors hibernate for the Christmas period. The soon-to-be listed fund said it wanted to extend its book-building period after seeing many large professional investors close their books and shelve new potential investments until the new [...]
Airports slammed by regulator for being ‘unacceptable’ for disabled travellers – and London Luton is the worst offender December 13, 2022 Airports in the UK are no where near accessible enough for disabled people and passengers with reduced mobility, according to the aviation watchdog. The Civil Aviation Authority (CAA) said that despite signs of improvements in recent months, a number of airports in the country have been providing travellers with “unacceptable” levels of service. London Luton [...]
Aerospace tech supplier Chemring boosted by rising defence budgets December 13, 2022 Aerospace tech supplier Chemring has had its order intake grow by nearly a third, as governments upped their defence spending in the past year. The London-listed group recorded £551.5m worth of orders in the 12-month period, which boosted revenue to £442.8m. Order intake for Chemring’s countermeasures and energetics division, which includes rocket components, decoys and [...]
FRP Advisory’s restructuring team faces rising demand amid economic downturn December 13, 2022 FRP Advisory, which specialises in corporate restructuring, reported £1.2bn worth of transactions in the second half of the year as the economic downturn rattles businesses. The London-listed group said it expects an increase in demand for its services, which also include corporate finance, debt, forensics, and pensions, to continue. In a statement today, CEO Geoff [...]
