Sky ready for round one with Ofcom April 21, 2010 SKY and Ofcom will tomorrow begin what promises to be a long and tortuous legal battle over the future of pay TV. Sky will appear before the Competition Appeal Tribunal to request a stay of implementation on Ofcom’s new rules forcing the broadcaster to slash the prices it can charge rivals for Premier League football. [...]
Relief as UK flight ban ends April 20, 2010 ALL UK airports re-opened last night after the Civil Aviation Authority (CAA) decided to remove restrictions on airspace. The first British Airways flight landed at Heathrow around 10pm, spelling an end to the six day ban on flying. The announcement came after experts reassessed the risk to planes from volcanic ash. The CAA said that [...]
Grounded commercial flights create a boon for private jets April 20, 2010 A RAFT of private jet and helicopter companies have cashed in on the chaos generated by thousands of grounded commercial liners as they transported stranded business passengers to and from mainland Europe. Operators, including NetJets, Ocean Sky and Jet Aviation have seen the number of requests sky rocket as most of Europe continues to face [...]
FUND MANAGEMENT NEWS April 20, 2010 MORNINGSTAR RATES NEW FUNDS Fund information company Morningstar has just assigned ratings to four funds available for sale in the UK. GLG’s Japan CoreAlpha Equity fund receives an elite rating thanks to the experience of fund managers Stephen Harker and Neil Edwards who are “talented stock pickers who have put their long experience to excellent [...]
UK skies are crystal clear for light planes April 19, 2010 WHILE the cloud of Icelandic ash has kept most of Europe’s airliners firmly on the ground, anyone with an interest in flying smaller aircraft will have noticed the volcanic activity has not interrupted all sections of aviation. Many light aircraft even took advantage of the empty skies over the weekend to fly through controlled airspace [...]
ELECTION2010 April 18, 2010 Tories in iconic buildings pledge The Conservatives yesterday said they would legislate to protect iconic buildings, ensuring they aren’t obscured by new sky-scraper developments. Shadow arts minister Ed Vaizey said: “These are buildings people treasure and are part of our identity. We hope that the scheme would provide a significant hurdle against intrusive developments.” Paxman [...]
BANKER BASHING IS ‘JUST LOUSY ECONOMICS’ April 18, 2010 AT LONG last, the City’s beleaguered banking contingent has found itself a champion willing to stand up and state the bleedin’ obvious. Tim Morgan, the head of research at inter-dealer broker Tullett Prebon, on Friday put out a damning note condemning our politicians’ obsession with bashing the bankers and non-doms – and advising them to [...]
Premier League to defend Sky April 15, 2010 THE Premier League has announced it will challenge Ofcom’s ruling to slash the price Sky can charge its rivals to show matches. It says investment in the sport will suffer as a result. Premier League chief executive Richard Scudamore said: “Having taken time to study the Ofcom decision we have concluded we have no option [...]
City can leave United’s title hopes in tatters April 15, 2010 MANCHESTER CITY vs MANCHESTER UNITED TOMORROW – 12.45PM SKY SPORTS 1 THIS must be one of the most important Manchester derbies in recent memory with United trying to gain ground on Chelsea and City looking to consolidate their fourth-place position. Add the whole Carlos Tevez saga, Gary Cook’s intelligent remarks and the fiery Carling Cup [...]
Sorrell: WPP will return to UK under the Tories April 14, 2010 ADVERTISING mogul Sir Martin Sorrell dealt a blow to Labour yesterday by claiming he would relocate WPP, the world’s largest advertising firm by revenue, back to London if the Tories are elected. The firm shifted its tax base to Ireland over 18 months ago in protest at what it estimated as tens of millions of [...]