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May 15, 2015

Ofcom wants to open up BT’s business fibre network

LONDON (Reuters) – Britain’s telecoms regulator Ofcom said BT’s fibre network should be opened to other operators to improve competition in high-speed data links for large businesses and mobile and broadband companies.

Ofcom’s proposals concern the 2 billion pound market for dedicated leased lines that are used by companies as well as universities, schools and other public bodies to move around large amounts of electronic information.

May 15, 2015

UK telecom regulator wants to open up BT’s business fibre network

LONDON, May 15 (Reuters) – Britain’s telecoms regulator
Ofcom said BT’s fibre network should be opened to other
operators to improve competition in high-speed data links for
large businesses and mobile and broadband companies.

Ofcom’s proposals concern the 2 billion pound ($3.2 billion)
market for dedicated leased lines that are used by companies as
well as universities, schools and other public bodies to move
around large amounts of electronic information.

May 15, 2015

Cameron to face Scottish secessionist leader over fate of Britain

EDINBURGH/ABERDEEN, Scotland (Reuters) – David Cameron travels to Scotland on Friday to face his new adversary, the Scottish secessionist leader whose triumph at last week’s election put Britain’s unity in jeopardy just nine months after a referendum saved it.

As both sides brace for a confrontation, Cameron is offering Scotland the “the strongest devolved government anywhere in the world”, with more powers to set income tax rates and influence welfare spending.

May 14, 2015

PM Cameron to face Scottish secessionist leader over fate of UK

EDINBURGH/ABERDEEN, Scotland, May 14 (Reuters) – Prime
Minister David Cameron travels to Scotland on Friday to face his
new adversary, the Scottish secessionist leader whose triumph at
last week’s election put Britain’s unity in jeopardy just nine
months after a referendum saved it.

As both sides brace for a confrontation, Cameron is offering
Scotland the “the strongest devolved government anywhere in the
world”, with more powers to set income tax rates and influence
welfare spending.

May 14, 2015

TalkTalk lifts revenue forecasts on ‘quad play’ demand

LONDON, May 14 (Reuters) – British broadband company
TalkTalk raised its revenue growth target on Thursday
after it said more customers were adding TV and mobile services
to their broadband packages as well as upgrading to faster fibre
connections.

The group said it expected revenue to grow by 5 percent for
the next two years, better than its previous 4 percent target,
after it posted a 15 percent rise in earnings for the year to
end-March.

May 9, 2015

Scottish nationalists tell PM Cameron: Ignore Scottish landslide at your peril

SOUTH QUEENSFERRY, Scotland (Reuters) – After sweeping almost all the seats in Scotland in Thursday’s British election, the leader of the secessionist SNP cautioned British Prime Minister David Cameron on Saturday: Ignore the wishes of Scottish voters at your peril.

Cameron’s Conservatives stormed to a surprise overall majority in the national parliament, but scraped only one seat in Scotland while the Scottish National Party, less than nine months after losing an independence referendum, grabbed half of all the votes cast north of the border.

May 8, 2015

Cameron sweeps to unexpected triumph in British election

LONDON (Reuters) – Prime Minister David Cameron won an emphatic election victory in Britain, overturning predictions that the vote would be the closest in decades to sweep into office for another five years, with his Labour opponents in tatters.

The sterling currency soared on a result that reversed expectations of an indecisive result that could have left Cameron jockeying for power with his Labour rival, Ed Miliband. Instead, Cameron was due to meet Queen Elizabeth before noon to accept a swift mandate to form a government.

May 7, 2015

BT hails customer growth before Champions League debut

LONDON, May 7 (Reuters) – BT Group said it was
confident it could retain its edge over rivals Sky and
Virgin in the broadband market when it starts charging
customers to watch European Champions League soccer this year.

The British market leader, which is buying mobile network EE
for 12.5 billion pounds ($19 billion), added a record number of
customers to its fibre network in the last quarter of its
financial year, helping it beat expectations for annual earnings
and raise its free cash flow outlook.

May 5, 2015

‘No smoking gun’ says Autonomy’s Lynch as HP lays out $5 bln claim

LONDON, May 5 (Reuters) – British IT entrepreneur Mike Lynch
said Hewlett-Packard Co had failed to produce a “smoking
gun” to back its claim he masterminded a complex fraud that led
it to overpay by more than $5 billion when HP bought Autonomy in
2011.

The U.S. company is suing Autonomy founder Lynch and former
Autonomy finance director Sushovan Hussain for in excess of $5
billion in damages over their management of Autonomy, which it
acquired for $11.7 billion.

May 4, 2015

Whoever triumphs in UK election, it won’t be the press “wot won it”

LONDON, May 4 (Reuters) – Rupert Murdoch’s British tabloid
famously crowed “It was the Sun wot won it” in 1992, claiming
its support had swayed 10 million readers to back John Major’s
Conservatives to an unexpected election victory.

In the three elections that followed, the rightwing paper
backed the other side, helping to deliver victories for Tony
Blair’s newly pro-business Labour Party.