A new Corporate Governance Code was issued today by the Financial Reporting Council, which for the first time requires Boards to ‘ Pay due regard to the benefits of diversity on the Board, including gender’. Only 12% of Directors in the FTSE 100 companies are women and this drops to 7% in the medium sized [...]
The world’s largest producers of PC’s has bought out struggling Palm for $1.2 billion. The move will allow Hewlett- Packard immediate entry into the smartphone market as well as an opportunity to bring innovation to Palm. Sales of Palm’s handsets, the Palm and the Pre, have proved disappointing in a market dominated by Blackberry, iPhone and Nokia. [...]
The new rate will affect the top 300,000 earners in the UK out of the 29 million paying income tax. The new tax is aimed at raising public finance but there is disagreement over the effectiveness of the new measures. The Institute of Directors argued that the new tax would damage business confidence and foreign investment. “We believe the 50p rate [...]
This article first appeared in Times Online, 15 September 2009. Virgin Media and Vodafone dominated the second annual Top 10 Broadband Awards tonight, winning two awards each to emerge as the year’s fastest home and mobile broadband providers. The awards are based on over 1.5 million customer ratings and 400,000 speed tests conducted on the Top [...]
The following article was published in the FT on 3rd September 2009 By Gerrit Wiesmann in Frankfurt and Tim Bradshaw and Maija Palmer in London Deutsche Telekom has started talks with the UK’s Vodafone, France Telecom, and Telefónica of Spain about selling T-Mobile UK, its flagging mobile phone unit. People familiar with the situation said all three companies [...]