CITY VIEWS: ARE YOU WORRIED ABOUT STOCK MARKET TURBULENCE? June 30, 2010 PETER WALTON | BT “It is always going up or down. The uncertainty does make it difficult for institutional investors to manage very large portfolios. It goes up or down for often unknown reasons, and I don’t get too concerned about short-term undulations in the indices.” ANGIE TABBINER | CITY OF LONDON “I wouldn’t say [...]
BT footy prices to be revealed June 29, 2010 BT will tomorrow unveil the pricing for Premier League matches snapped up from Sky. Customers signed up to BT Vision will be able to watch Premier league games for a knock-down price after communications watchdog Ofcom ruled Sky must slash its wholesale prices for Sky Sports 1 and 2. Speculation has been building that BT [...]
Uni pension fund to vote on changes June 28, 2010 BRITAIN’S second-largest private retirement scheme – which pays pensions to university staff ??– could be forced to cut benefits and shift away from equities as it tackles a huge deficit. Next week, a University Superannuation Scheme (USS) committee will try to decide between two proposals to address a deficit which stood at £17bn as of [...]
BT strikes up a footy deal with BSkyB June 28, 2010 BT HAS finalised a deal with BSkyB to offer its subscribers top-flight football next season. The move, which means football fans can watch their teams on BT Vision for the first time, could rock Sky’s dominance of the pay TV market after decades controlling the lion’s share of subscribers. It follows a controversial Ofcom ruling [...]
BT to offer Sky Sports for new season June 28, 2010 BT will offer customers of its Internet television service access to rival BSkyB’s sports channels in time for the new Premier League season, it has said. BSkyB was ordered by telecoms regulator in March to cut the prices it charges competitors to air its sports channels, loosening BSkyB’s grip on premium programming and potentially sparking [...]
Capgemini extends Met deal June 21, 2010 Technology consultancy Capgemini has renewed a three-year, £190m contract with the Metropolitan Police to provide communication and computing services. The agreement renews an existing seven year contract with the Met, which is due to run until 2012. The firm will continue sub-contracting to existing partners BT and Unisys.
BT could face long strike June 17, 2010 THE Communication Workers Union said last night it was prepared for a lengthy strike at BT, as the telecoms firm took to contacting workers directly in an attempt to avert industrial action. Andy Kerr, the CWU’s deputy general secretary, said that he was willing to organise a protracted strike in order to improve upon BT’s [...]
Bonuses are back for top boardrooms June 16, 2010 THE average FTSE 100 boardroom bonus topped half a million pounds in the first half of this year, with an average pay rise for top directors of 23 per cent, research out today reveals. Bonus payments rose to an average of £558,918, a dramatic bounce from last year when payouts fell 30 per cent, according [...]
Latitudinal thinking in Aldwych June 14, 2010 28-50 140 Fetter Lane, EC4A 1BT 020 7242 8877 www.2850.co.uk Cost per person without wine: £30 THE first thing to chew on at 28-50 is its name. It gets stuck in the teeth, frankly, involving two non-symmetrical numbers that bear no obvious relation to each other. For the innumerate among us, it’s a bit intimidating, [...]
Managers could man the phones at BT June 13, 2010 BT plans to use hundreds of middle managers to fill frontline positions in call centres and engineering roles in the event of a strike, sources say. The telecoms group is putting together contingency plans for the first strike at the firm since 1987, after talks with the Communications Workers Union (CWU) broke down last week. The [...]