WHAT THE OTHER PAPERS SAY THIS MORNING January 5, 2012 FINANCIAL TIMES NEW CLASHES BREW OVER TOBIN TAX Britain and France are set for another European clash as Paris attempts to frame a new Eurozone financial transaction tax in a way that is likely to have a significant impact on the City of London. President Nicolas Sarkozy of France wants to include the so-called Tobin [...]
Ofcom drops TV ads review December 15, 2011 British media regulator Ofcom has decided not to refer the television advertising trading market for a full competition review after finding that the system was functioning properly, it said yesterday. Ofcom had in June opened a consultation on whether the way TV advertising was bought and sold could restrict competition.
CITY MOVES | WHO’S SWITCHING JOBS December 15, 2011 Smith & Williamson Finbarr O’Connell, the former managing partner of turnaround specialist Re10, has joined the accountancy and investment management group as a director, bringing the total number of staff in the restructuring and recovery team to 70. O’Connell is a past president of the Insolvency Practitioners’ Association and has 25 years’ restructuring and turnaround [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 6, 2011 FINANCIAL TIMES BOURSES VIE FOR TIE-UP WITH KAZAKH EXCHANGE The London Stock Exchange and Russia’s two main exchanges are vying to secure a strategic partnership with the Kazakhstan Stock Exchange as the bourse becomes the latest play on the central Asian country’s huge natural resources. The manoeuvring comes as the Kazakh exchange is preparing for [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 1, 2011 FINANCIAL TIMES BIG AREAS STILL LACK 3G, SAYS OFCOM Nearly 90 per cent of the UK’s land mass and a quarter of buildings are unable to receive all five 3G phone networks a decade after the introduction of the mobile licences, according to the telecoms regulator. In its first report on the UK’s communications infrastructure, [...]
Stamp costs to rise on Ofcom plan October 20, 2011 Stamp costs could go up dramatically under new plans from the communications watchdog to let Royal Mail set its own prices for almost all deliveries. Ofcom yesterday proposed giving Royal Mail greater power to raise revenue to help keep the UK’s universal postal service going in an increasingly email-driven world. It said Royal Mail should [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 13, 2011 FINANCIAL TIMES INSURERS BLAME APPLE AS LEVEL OF FRAUDULENT CLAIMS RISES The readiness of Apple to replace blocked or faulty iPhones with new smartphones is helping to fuel a big rise in fraud, insurers warn. Specialist mobile phone insurers say fraudulent claims have risen sharply amid the recession, especially related to smartphones. They estimate between [...]
Three says it will be hit hard by Ofcom’s delay of mobile auction October 10, 2011 Network operator Three has said Ofcom’s decision to delay the mobile spectrum auction, which will eventually allow faster mobile data use, will hit its customers and give its larger rivals an unfair advantage. The network said the delay until the end of next year widens the “massive competitive and commercial imbalance” it suffers from. It [...]
Vodafone weighs into 4G row October 9, 2011 Vodafone yesterday launched a broadside against 3, its smaller rival in the British mobile market, over the increasingly controversial auction of next-generation 4G mobile spectrum. Vodafone’s UK chief executive Guy Lawrence told the Sunday Telegraph 3 was “running around the playground complaining that they’re being bullied by the older boys,” when in fact 3 sold [...]
Ofcom takes postal responsibility October 3, 2011 Ofcom yesterday took regulatory responsibility for the UK postal services. The media watchdog says it has worked closely with Postcomm to ensure a smooth transition of responsibilities with “minimal disruption for industry and users”. Ofcom says it will publish proposals on the framework for economic regulation of post later this month. The government handed the [...]