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Paul Sandle

Mar 17 2017

In surprise, ex-Chancellor Osborne named editor of London paper

LONDON George Osborne, who lost his job as Chancellor of the Exchequer last year after helping lead the doomed campaign to stay in the European Union, was given a high profile platform on Friday as the editor of London's main metropolitan daily paper. | Video

Mar 17 2017

In surprise, UK ex-finance minister Osborne named editor of London paper

LONDON George Osborne, who lost his job as Britain's finance minister last year after helping lead the doomed campaign to stay in the European Union, was given a high profile platform on Friday as the editor of London's main metropolitan daily paper. | Video

Mar 17 2017

Circassia strikes deal with AstraZeneca for respiratory drugs

LONDON Britain's Circassia has secured the U.S. rights from AstraZeneca for two drugs to treat chronic obstructive pulmonary disease (COPD), a progressive lung condition affecting millions of people, for up to $230 million.

Mar 16 2017

British regulator to investigate Sky takeover by Murdoch's Fox

LONDON The British government has referred Rupert Murdoch's planned 11.7 billion pound ($14.4 billion) takeover of European pay-TV group Sky to regulators to decide if the deal is in the public interest.

Mar 10 2017

Britain's BT resolves two-year broadband battle with Openreach deal

LONDON Britain's biggest telecoms group BT has bowed to industry and regulatory pressure and agreed to legally separate its national network, as the government seeks to deliver faster broadband speeds for millions. | Video

Mar 10 2017

Vodafone pays the price for inertia as rivals pull ahead

LONDON British mobile operator Vodafone risks being left on the sidelines as rivals converge to break free from just selling ever-cheaper data bundles and become internet companies offering combined services from phones to TV to broadband.

Mar 09 2017

John Lewis cuts staff bonus to brace for difficult times

LONDON Britain's John Lewis cut its staff bonus to 6 pct, the lowest percentage payout since 1954, saying on Thursday that it needed to preserve cash to brace for difficult times.

Mar 09 2017

Britain's BT appoints Jan du Plessis as next chairman

LONDON BT has appointed Jan du Plessis, chairman of the world's second-biggest miner Rio Tinto , to take over from Mike Rake in the same role at a testing time for Britain's biggest telecoms group.

Mar 08 2017

Fox takes issue with UK government analysis of Sky deal

LONDON Rupert Murdoch's Twenty-First Century Fox said it was not surprised the British government wanted to scrutinise its takeover of Sky, but disputed the analysis that led to the view the deal may not be in the public interest.

Mar 08 2017

Satellite group Inmarsat's earnings boosted by governments, airlines

LONDON British satellite company Inmarsat said strong demand from governments and aviation customers in the final quarter of 2016 helped core earnings for the year to rise 9.5 percent to $795 million, sending its shares to a two-month high.

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