Deals and Agreements


David Cameron is appointed as UK Prime Minister

At around 8.40pm today David Cameron, leader of the UK’s Conservative Party,  stood on the steps of Number 10 Downing Street and said:
Her Majesty the Queen has asked me to form a new government and I have accepted.
He went on to say,
In terms of the future, our country has a hung parliament where no party [...]

Gordon Brown sets Labour leadership contest in motion

At just after 5pm today ( May 10, 2010), Gordon Brown announced that he would be willing to step down from the post of Labour leader staying no longer than is needed to set political reform in motion and assure economic growth.  He stood on the steps of 10 Downing Street and said:
If it becomes [...]

Deal reached with GlaxoSmithKline (GSK) on surplus pandemic vaccine

The Department of Health and GlaxoSmithKline (GSK) today announced that they have reached an agreement on the Department’s outstanding orders of swine flu vaccine resulting in significant savings for the Government.
The final settlement was mutually agreed as representing fair value for the UK Government and the manufacturer and means savings of around a third of [...]

Zend Teams with IBM, Microsoft, Rackspace and Other Cloud Leaders on Open Source Cloud Initiative

A New Simple Application Programming Interface (API) for Cloud Application Services Facilitates Development of Cloud Applications That Can Access Services on All Major Cloud Platforms
Zend Technologies, the PHP Company, yesterday (Sept. 22, 2009) launched the Simple API for Cloud Application Services project, a new open source initiative that allows developers to use common application services in [...]

TalkTalk to acquire Tiscali’s UK operations for £236 million

The Carphone Warehouse and Tiscali S.p.A. (MI:TIS) have reached agreement for TalkTalk to acquire Tiscali’s UK operations for a total cash consideration of £236 million, funded entirely from existing Group debt facilities. Completion is subject only to EU competition authority clearance and Tiscali S.p.A. obtaining formal approval pursuant to its debt restructuring plan. Completion is [...]

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RSS World Business News

  • WBNews: Future bank bailouts? 02 Sep 10 September 2, 2010
    The head of the US Federal Reserve, Ben Bernanke says banks must never again be allowed to become "too big to fail". Appearing before a US Congressional inquiry Mr Bernanke said new financial reforms would make government bailouts less likely in future. However, Doug Elliott, of the Brookings Institution think tank says there will always be times w […]

RSS Peter Day's World of Business

  • InBiz: Hidden Depths: 02 Sept 10 September 2, 2010
    London-born Graham Hawkes is the man who has created a submersible vessel that flies through the deepest ocean like a plane. Peter Day reports from his workshop in California, where he wonders why space exploration makes decades of headlines while it is so hard to get backers for deep sea travel into a world no-one has ever seen. Producer: Sandra Kanthal E […]
  • GlobalBiz: Developing the Developing World : 31 Aug 10 August 31, 2010
    Peter Day brings together senior staff working in development agencies that have engaged, or attempted to engage, directly with social entrepreneurs working in emerging markets. He asks to what degree have these respective agencies facilitated the work of innovative social change agents working directly with the poor? And what can be done to enhance the imp […]

RSS Money Box

  • MoneyBox: Bank merger IT 28 Aug 10 August 28, 2010
    Former Alliance and Leicester customers experience problems as their accounts transfer to Santander's IT system. Plus: websites charging for free services and taking out money abroad.