Europe recovery draws in investors November 5, 2013 But some fund managers are now seeking to rein in this enthusiasm WHILE the Eurozone has been plagued by macroeconomic and political uncertainty over the past few years, the case for investing in Europe may be strengthening. European bourses have performed strongly this year, boosted by news that the Eurozone returned to growth in the [...]
Hunt asks City to provide cover for old age care February 11, 2013 HEALTH secretary Jeremy Hunt yesterday called on the City to help solve the funding crisis in long term care by providing new savings products, as he confirmed care fees would be capped at £75,000 for the elderly from 2017. “People will need to prepare and plan for social care costs as much as people prepare [...]
The NHS is losing global arms race to offer better healthcare for less March 9, 2013 THE Francis Inquiry into failings at Stafford Hospital has put the NHS under the spotlight once again. Just yesterday, NHS chief executive Sir David Nicholson was grilled by MPs over his role in the scandal. All too often the service fails to deliver the quality, compassionate and patient-centred care the public expects. International comparisons are [...]
Cameron hauled back to defend Jeremy Hunt over BSkyB probe April 30, 2012 DAVID Cameron was forced to return to parliament yesterday to defend his culture secretary Jeremy Hunt and his handling of News Corp’s bid for the rest of BSkyB. Cameron pulled out of a local election campaign trip to Buckinghamshire so he could field an urgent question from the Labour party on Hunt, who has already [...]
Zurich chief calls for tax breaks for long-term care January 7, 2013 THE GOVERNMENT will not be able to meet the crushing cost of long-term care for the elderly and must introduce tax breaks to avert the looming crisis, according to one of the UK’s leading insurers. Gary Shaughnessy, chief executive of Zurich’s UK life insurance business, told City A.M. that demand for long-term care is set [...]
HOW MUCH WILL THE REVELATIONS OF JEREMY HUNT’S BSKYB EMAILS DAMAGE THE GOVERNMENT ? April 25, 2012 ROBIN HARRIS COMO GROUP Potentially, but we haven’t heard Hunt’s side of the story yet. We’ve only heard James Murdoch’s – he’s an astute speaker, and has been briefed very well. Until you’ve heard the other side of the story, you can’t have a measured opinion. CHARLOTTE DAUGHTREY PERTRAC I don’t think it will hurt [...]
Virgin Media in plea to modify internet fund December 2, 2012 AN OVERHAUL of the government’s multi-million pound superfast broadband initiative could be on the cards under Maria Miller, the new culture secretary. Virgin Media is today writing to Miller with a list of recommendations for the government’s criticised £150m urban broadband fund – which was set up by George Osborne to boost internet speeds for [...]
Maria Miller clears Global Radio’s GMG takeover in blow to Bauer October 11, 2012 GLOBAL RADIO’S takeover of GMG Radio, the owner of the Smooth and Real stations, was cleared by culture secretary Maria Miller yesterday, in a significant victory for Britain’s biggest commercial radio operator after former culture head Jeremy Hunt had ordered an investigation into the deal. The acquisition, which has an estimated value of £70m and will [...]
New media star is born as DMGT sells Northcliffe November 21, 2012 DAILY MAIL & General Trust (DMGT) yesterday sold off its regional newspaper arm to a consortium led by the former chief executive of the Mirror Group, David Montgomery, in a deal that forms a new British media firm. The firm, called Local World, will consist of Northcliffe’s more than 80 papers, with 36 titles from [...]
NHS hospitals urged to copy City takeovers September 27, 2012 THE NHS should learn from the City takeover process and allow successful health providers to take full control of failing public hospitals, according to research released today by the think tank Reform. Professor Paul Corrigan, the report’s author and a former health adviser to Tony Blair, told City A.M. that the current ad-hoc policy of [...]