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Media Round Up, 15 April 2008 15/04/2008 |
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Industry concern at competition regulator's rise in data demands
Financial Times, p.2 British companies have seen an eight-fold increase in demands to hand over critical internal data to the competition watchdog, which warns the trend is likely to continue amid an international crackdown on cartels. Peter Freeman, Competition Commission chairman, told the Financial Times that the commission had issued 25 disclosure orders in the year to the end of March - compared with three in the previous year - as it targeted companies using powers already deployed by its peers in Europe. | |||||||||
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Business failings cost public £6.6bn
Financial Times, p.3 Poor products and services cost the public £6.6bn last year - or roughly the gross domestic product of Bolivia - the Office of Fair Trading claims today in landmark research.The study says more than three-quarters of the damage relates to big-ticket problems that cost people £1,000 or more each, with the financial services industry by far the worst offender. | |||||||||
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Tesco protest at disclosure demand
Financial Times, p.3 Tesco, the largest supermarket group, on Monday accused the Competition Commission of issuing a “heavy-handed” order that forced it to trawl through hundreds of thousands of e-mails as part of a long-running grocery market investigation. | |||||||||
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Biofuel: the burning question
The Independent, p.1 The production of biofuel is devastating huge swathes of the world's environment. So why on earth is the Government forcing us to use more of it? | |||||||||
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as women in 40s lose most from gender gap
The Guardian, p.3 Women workers in their 40s earn 20% less than men, according to an analysis of government data published yesterday. Research for the Office of National Statistics found that the gender pay gap jumps from 1% for women in their 20s to 20.3% for full-timers aged 40 to 49. | |||||||||
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Best-selling vitamin pills are dyed with harmful additives
The Independent, p.10 Britain's best-selling vitamin pill is dyed with artificial colours which can cause rashes and hyperactive behaviour in children. Two colours – sunset yellow and quinoline yellow – criticised in an official study which led to their censure by the Food Standards Agency (FSA) last week – are found in Sanatogen Gold, the country's leading multivitamin brand. | |||||||||
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