Tim's Feed
Nov 25, 2011

UK firms to trial sharing of cyber attack data

LONDON (Reuters) – Britain will try to bolster defenses against cyber attack by encouraging companies to overcome their reluctance to admit computer security breaches and share their experiences with each other, the government said on Friday.

Companies from five strategic sectors – defense, telecoms, finance, pharmaceuticals and energy – will take part in a pilot with the government starting in December to exchange information on cyber attacks and threats to their businesses.

Nov 25, 2011

Government subsidises young workers to ease jobs drought

LONDON (Reuters) – The government will spend up to 1 billion pounds on employment subsidies and other support to help young people into work as youth unemployment hits record levels, Deputy Prime Minister Nick Clegg said on Friday.

More than one million young people aged 16-24 are out of work in Britain, official data showed last week, with companies holding back from hiring as the economy threatens to tip back into recession after barely growing over the past 12 months.

Nov 25, 2011

UK subsidises youth workers to ease jobs drought

LONDON (Reuters) – Britain will spend up to 1 billion pounds on employment subsidies and other support to help young people into work as youth unemployment hits record levels, Deputy Prime Minister Nick Clegg said on Friday.

More than one million young people aged 16-24 are out of work in Britain, official data showed last week, with companies holding back from hiring as the economy threatens to tip back into recession after barely growing over the past 12 months.

Nov 23, 2011

Government cuts employee rights in hope of boosting hiring

LONDON (Reuters) – Companies will be freed from “burdensome” employment rules in a bid to boost hiring and aid an stagnant economy, the government said on Wednesday.

Employers’ groups welcomed the plans, which include restricting workers’ access to tribunal hearings, but unions said the proposals would not create a single job and could provide cover for rogue bosses to bully staff.

Nov 23, 2011

UK cuts employee rights in hope of boosting hiring

LONDON (Reuters) – British companies will be freed from “burdensome” employment rules in a bid to boost hiring and aid an stagnant economy, the government said on Wednesday.

Employers’ groups welcomed the plans, which include restricting workers’ access to tribunal hearings, but unions said the proposals would not create a single job and could provide cover for rogue bosses to bully staff.

Nov 15, 2011

Dutch PM says Europe must not lose growth focus

LONDON (Reuters) – European Union nations must focus on promoting growth and creating jobs and not get sidetracked by a debate about the future of the bloc, Dutch Prime Minister Mark Rutte said on Tuesday.

He also said any EU treaty change in response to the financial crisis should be very limited.

Nov 14, 2011

UK ponders missile defence for London 2012 Olympics

LONDON, Nov 14 (Reuters) – Britain is ready to use
missiles to protect next year’s London Olympics from an airborne
attack, Defence Minister Philip Hammond said on Monday, amid
reports the United States was unhappy with security plans for
the games.

“All necessary measures to ensure the security and safety of
the London Olympic Games will be taken including, if the advice
of the military is that it is required, appropriate
ground-to-air defences,” Hammond told parliament.

Nov 10, 2011

UK can handle eurozone crisis fallout – Cable

LONDON (Reuters) – Britain is ready to cope with any fallout from problems in the euro zone and is in a stronger position than before the 2008/9 financial crisis, Business Secretary Vince Cable said on Thursday.

“Our banks are better capitalised, they’ve been through the mill on one occasion, government has seen a crisis at first hand,” Cable told Reuters Insider on the margins of a conference in London.

Nov 10, 2011

Circle clinches UK hospital management deal

LONDON, Nov 10 (Reuters) – Circle Holdings, a
British health workers’ co-operative backed by investment funds,
is set to be the first private company to run a general hospital
for Britain’s state-funded National Health Service.

Circle said on Thursday it will oversee an estimated 1
billion pounds ($1.6 billion) revenue running Hinchingbrooke
hospital in Huntingdon, eastern england, for 10 years from
February.

Nov 9, 2011

Cameron seeks to avoid loss of another minister

LONDON (Reuters) – Less than a month after losing one senior minister, Prime Minister David Cameron was forced to defend another on Wednesday as pressure grew on his interior minister Theresa May in a row over border security.

Cameron gave public backing to May as he sought to protect her from suffering the fate of former Defence Secretary Liam Fox who quit last month over his links to a friend who had falsely claimed to be his official adviser.