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Sep 17, 2014

Insight – Ignored and fed up, UK regions call for Scottish-style devolution

CAERNARFON/YORK (Reuters) – Scotland’s chance to vote for independence has lit hopes in other regions of Britain that a reworking of political ties might boost their chances of self-rule too.

London-based parliamentarians have been wrong-footed by a late surge of support among Scottish voters planning to say ‘Yes’ on Sept. 18, and their consequent hurried promise to award Edinburgh more economic decision-making if it stays part of the union is being eyed by Manchester, Yorkshire and Wales.

Sep 17, 2014

Ignored and fed up, UK regions call for Scottish-style devolution

CAERNARFON/YORK, Sept 17 (Reuters) – Scotland’s chance to
vote for independence has lit hopes in other regions of Britain
that a reworking of political ties might boost their chances of
self-rule too.

London-based parliamentarians have been wrong-footed by a
late surge of support among Scottish voters planning to say
‘Yes’ on Sept. 18, and their consequent hurried promise to award
Edinburgh more economic decision-making if it stays part of the
union is being eyed by Manchester, Yorkshire and Wales.

Sep 15, 2014

Micro Focus to buy The Attachmate Group in all-share deal

LONDON, Sept 15 (Reuters) – British mainframe computer
specialist Micro Focus International is to buy
privately-owned U.S. rival The Attachmate Group Inc in an
all-share deal valuing the firms’ combined capital and debt at
$2.35 billion.

Micro Focus said on Monday that following the reverse
takeover, its shareholders would own about 60 percent of the
equity in the new group which will be re-listed in London.

Sep 9, 2014

Culture Secretary to look into allowing free TV to charge re-transmission fees

LONDON (Reuters) – Culture Secretary Sajid Javid said on Tuesday he would examine whether Britain’s so-called public service broadcasters like ITV should be allowed to charge cable and satellite operators to carry their transmissions.

Channels from the publicly funded BBC and commercial PSBs are currently carried for no fee on the platforms of cable company Virgin Media and satellite broadcaster BSkyB, under rules that ITV and Channel 4 want changed.

Sep 9, 2014

UK Culture Minister to look into allowing free TV to charge re-transmission fees

LONDON, Sept 9 (Reuters) – Culture Secretary Sajid Javid
said on Tuesday he would examine whether Britain’s so-called
public service broadcasters like ITV should be allowed
to charge cable and satellite operators to carry their
transmissions.

Channels from the publicly funded BBC and commercial PSBs
are currently carried for no fee on the platforms of cable
company Virgin Media and satellite broadcaster BSkyB
, under rules that ITV and Channel 4 want changed.

Sep 9, 2014

Liberty Global has no plans to increase ITV stake

LONDON (Reuters) – Liberty Global has no plans to increase its stake in British broadcaster ITV, its chief strategy officer James Ryan said, after the firm took a 6.4 percent stake earlier this year as part of its European expansion.

Speaking at the Royal Television Society’s conference in London on Tuesday, Ryan said the holding gave the London-headquartered cable group a “seat at the table”, but that it had no plans to increase it at this stage.

Sep 8, 2014

Britain’s ITV pushes for Sky, Virgin to pay for its channels

LONDON (Reuters) – British free-to-air commercial broadcaster ITV wants to charge pay-TV rivals such as BSkyB and Virgin Media to carry its channels, saying such a move would give it more money to make programmes.

ITV, along with rival public service broadcasters (PSBs) BBC, Channel 4 and Channel 5, previously paid satellite broadcaster BSkyB to carry its channels. PSBs receive prime position in the pay-TV companies’ electronic program guides, used by about half of Britain’s households to plan viewing.

Sep 8, 2014

ITV pushes for Sky, Virgin to pay for its channels

LONDON (Reuters) – Free-to-air commercial broadcaster ITV wants to charge pay-TV rivals such as BSkyB and Virgin Media to carry its channels, saying such a move would give it more money to make programmes.

ITV, along with rival public service broadcasters (PSBs) BBC, Channel 4 and Channel 5, previously paid satellite broadcaster BSkyB to carry its channels. PSBs receive prime position in the pay-TV companies’ electronic programme guides, used by about half of Britain’s households to plan viewing.

Sep 4, 2014

Co-op tasks Pennycook to rebuild food-to-funerals mutual

LONDON, Sept 4 (Reuters) – Britain’s Co-operative Group
said it would rebuild its food-to-funeral operations
under chief executive Richard Pennycook after the loss of
control of its bank and disposals helped stem the large losses
of last year.

The mutual organisation was hit by a raft of problems that
culminated in a 2.5 billion pounds ($4 billion) loss in total.

Aug 28, 2014

Chipmaker CSR rejects Microchip approach, shares soar

LONDON (Reuters) – Britain’s CSR (CSR.L: Quote, Profile, Research, Stock Buzz) has rebuffed an approach from Microchip Technology (MCHP.O: Quote, Profile, Research, Stock Buzz), saying its U.S. rival would have to pay more if it wants to bolster its role in the “Internet of Things” with the chipmaker’s radio technology.

“The price proposed by Microchip has been rejected and the board is considering its options for the company,” CSR said in a short statement on Thursday.