UK Business News

British Telecom shares took a dive last week as the company announced cash flow problems and a drop in the value of the company  pension fund.
It raises the question amongst the big  Internet Service Providers, how much more value is there in the broadband market. BT themselves added 103,000 new subscribers in the three months [...]

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The worlds largest mobile phone company, Vodafone, has launched a campaign to buy back £1billion of it’s shares following an adverse reaction in the stock market yesterday, to the companies warning that profits would be at the bottom end of forecasts.
The warning to shareholders saw Vodafone prices crash by 14% to 129p. The Vodafone board [...]

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An independent study indicates that small business and the public at large have felt absolutely no benefit from the freeing up of the Royal Mail’s monopoly two years ago.
Big business is the big winner here, tying up lucrative mass mailing contracts with
companies who will print, batch and pre-sort prior to handing-off to Royal Mail to [...]

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1st of May saw the launch of O2’s Business Broadband offering - a deal which includes 24/7 UK-based telephone support and also on-site support in the price.
O2 has recognised the need to get sensible and is rolling out a white-label BT wholesale product rather than attempting to unbundle 5,500 exchanges.
The service starts at £15 per month [ex-VAT] for existing [...]

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Research by YouGov for T-Mobile shows that the heads of  60% of UK SMEs spend up to a month out of the office on business each year.
When added to annual holiday entitlement this means key decision makers are in only limited contact with their firm for 2 months out of 12.
The survey of 540 companies found, not [...]

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