Carter under attack over Digital vision June 16, 2009 CRITICS were yesterday lining up to say that Lord Carter’s Digital Britain Report had failed to prepare the nation for a digital future. The communications minister, who is leaving the government this summer, outlined plans to use part of the BBC’s “switchover surplus” – money earmarked to pay for the digital switchover – and a [...]
Q & A : WHAT DID THE CARTER REPORT DELIVER? June 16, 2009 Q. WHAT DOES THE REPORT MEAN FOR REGIONAL NEWSPAPERS A. Struggling regional newspaper owners like Johnston Press, Trinity Mirror and DMGT had been hoping for a relaxation of merger rules, which would have led to scores of cost-saving mergers across the industry. But the Office of Fair Trading says the rules should stay as they are Q. WILL IT LEAD TO BROADBAND FOR ALL?A. It’s unlikely. It proposes universal access to 2Mbps broadband, which is actually very slow but fast enough to watch [...]
CITY VIEWS: SHOULD PART OF THE BBC LICENCE FEE GO TO COMMERCIAL BROADCASTERS? June 16, 2009 DAVID MAYNARD UBS“If the BBC is going to remain competitive it’s going to have to pay enough to keep the best people at the channel. I think it should keep the money. At the end of the day if they don’t pay enough, their best staff will defer to rivals who will.” RISHI PATEL RBS [...]
CITY VIEWS: SHOULD PART OF THE BBC LICENCE FEE GO TO COMMERCIAL BROADCASTERS? June 16, 2009 DAVID MAYNARD UBS“If the BBC is going to remain competitive it’s going to have to pay enough to keep the best people at the channel. I think it should keep the money. At the end of the day if they don’t pay enough, their best staff will defer to rivals who will.” RISHI PATEL RBS [...]
Tchenguiz not backing down June 16, 2009 PROPERTY tycoon Vincent Tchenguiz yesterday refused to adjourn a general meeting of shareholders in Bramdean Alternatives, the listed fund for which he is tussling for control, while a leading corporate governance group warned his actions could give rise to potential conflicts of interest. The announcement comes after Nicola Horlick, the manager of Bramdean Alternatives, on [...]
Tchenguiz not backing down June 16, 2009 PROPERTY tycoon Vincent Tchenguiz yesterday refused to adjourn a general meeting of shareholders in Bramdean Alternatives, the listed fund for which he is tussling for control, while a leading corporate governance group warned his actions could give rise to potential conflicts of interest. The announcement comes after Nicola Horlick, the manager of Bramdean Alternatives, on [...]
More cheer for hedge funds as liquidations fall 50 per cent June 16, 2009 THE pace of hedge fund closures slowed in the first quarter, falling by 50 per cent compared to the final three months of 2008, in yet more good news for the industry. The record hedge fund liquidations seen in last three months of 2008, when 778 vehicles folded, proved to be short-lived, according to research [...]
More cheer for hedge funds as liquidations fall 50 per cent June 16, 2009 THE pace of hedge fund closures slowed in the first quarter, falling by 50 per cent compared to the final three months of 2008, in yet more good news for the industry. The record hedge fund liquidations seen in last three months of 2008, when 778 vehicles folded, proved to be short-lived, according to research [...]
GEITHNER: A MAN WITH A PLAN June 16, 2009 US TREASURY secretary Timothy Geithner’s plan to revamp financial regulation, likely to be the broadest overhaul since the 1930s, will today be announced by President Barack Obama. The changes are expected to include tougher capital requirements for financial institutions and more “robust” reporting requirements.
GEITHNER: A MAN WITH A PLAN June 16, 2009 US TREASURY secretary Timothy Geithner’s plan to revamp financial regulation, likely to be the broadest overhaul since the 1930s, will today be announced by President Barack Obama. The changes are expected to include tougher capital requirements for financial institutions and more “robust” reporting requirements.