Tesco Names John Allan as New Chairman
Tesco has named John Allan as its new Chairman, succeeding Richard Broadbent who announced in October 2014 he would step down.
From the 90s to Now: Why Adaptation is Key for Professional Services Organisations
a recent survey by Forrester Research explains how complacent firms which do not adapt to the changing market place are struggling to win new business or even recruit.
EE to Provide 4G Coverage for 90% of the UK by 2017
The UK’s largest mobile operator, EE, has new plans to bring 4G speeds of 60 Mbps to 90 percent of the UK by 2017. In addition, 20 of the UK’s busiest cities will get a boost up to 150 Mbps speeds during the same time frame. EE has set aside £1.5 billion to fund the project. The telecoms giant also has ambitious plans to bring 4G overage to 99 percent of the country by 2017. Boosting 4G up to 60 Mbps will mean that the majority of users will see their speeds double. “Stage one of our network strategy saw us overhaul UK mobile networks, launching 4G and changing the way people and businesses use their smart devices. This revolution of the mobile landscape has made the UK a leader in global communications once again,” EE Chief Executive, Olaf Swantee, said. “Today we’re announcing the next stage with a commitment to once again radically improve mobile coverage, this time with a strong focus on rural UK, all while continuing to increase speeds and capacity with deeper coverage in more cities. Smart devices are playing an ever-increasing part in our customers’ lives in every part of the UK,” he added.
POWER-GEN Europe Reveals First Keynote Speaker
POWER-GEN Europe and its co-located event Renewable Energy World Europe has confirmed Maria van der Hoeven, Executive Director of the International Energy Agency (IEA), as the first speaker for the keynote address.
Siemens to cut 3,300 Jobs in Germany
German engineering giant Siemens plans to cut 7,800 jobs worldwide as part of an ongoing restructuring plan aimed at saving US$1.15 billion. Currently, the company employs more than 300,000 staff worldwide.
BT Agrees US$19 Billion EE Deal
BT has spent the last few weeks in exclusive talks with the owners of EE, Orange and Deutsche Telekom to negotiate a deal.
Spanish Bank Santander Posts Jump in Profit in Q4 2014
Santander, the euro zone's biggest bank, has posted close to a 70 percent jump in fourth quarter profit from a year earlier, lifted by earnings from its lending business and as charges on soured loans fell. The Spanish bank said net profit was US$1.67 billion in the October-December period of last year - the first quarter under new CEO Ana Botin, who has shaken up the lender with management changes and recently bolstered capital through a cash call. The profits were slightly below the forecasted US$1.68-billion quarterly profit. Alongside other companies who also posted their results this month, Santander revised 2013 earnings downwards to reflect payments to deposit guarantee funds. Without that restatement, fourth quarter net profit would have risen just 37 percent.
Bibby Ship Management Appoints New Regional Managing Director
There are exciting times ahead for Bibby Ship Management with the recruitment of a new Regional Managing Director for the UK and Isle of Man, Andrew Rodden.
