Results for United Kingdom
- Intellectual Property Licences and Insolvent Licensors in the Life Sciences sector
This article considers the position of a company which is planning to take a licence of Intellectual Property (IP) critical to the development of a drug. What will happen to that licence if the licensor becomes insolvent? Can the licensee mitigate the ri ...
Resource Article - twallace@abiwor... - 09/23/2013 - 12:25 - 0 comments - 1 attachment
- UK's Blockbuster Closes 62 Stores, 427 Jobs Lost
British film and computer game rental chain Blockbuster said it is to close 62 stores and lay off 427 employees and warned its remaining 91 stores and 808 staff could face the same fate, Reuters reported. Private equity firm Gordon Brothers Europe, which ...
Daily Headline - global.abi.org - 12/05/2013 - 22:29 - 0 comments
- Autumn Statement 2013: Millions To Work Longer For A Pension As Life Expectancy Rises
Millions of young workers will be unable to retire until they reach 70 under new government rules, The Telegraph reported. An overhaul of the state retirement system announced on Thursday will mean that people now under 50 will have to work even long ...
Daily Headline - global.abi.org - 12/04/2013 - 22:05 - 0 comments
- Biggest Drop In Savings For 40 Years, Bank Of England Figures Reveal
Savers have been withdrawing money from their accounts at the fastest rate for nearly 40 years, Bank of England figures show. They took £23 billion out of long-term savings in the past 12 months, equivalent to £900 for every household in the country, T ...
Daily Headline - global.abi.org - 12/02/2013 - 22:16 - 0 comments
- Co-Op Bank Investors Back £1.5 Billion Rescue
The threat of emergency intervention by the Bank of England into the Co-operative Bank receded on Friday night after thousands of retail investors gave their backing to a £1.5bn lifeline for the troubled high street bank, The Guardian reported. The s ...
Daily Headline - global.abi.org - 12/02/2013 - 00:19 - 0 comments
- Osborne Agrees BOE May Need More Powers Over Banks' Capital
U.K. Treasury chief George Osborne on Tuesday gave in to parliamentary demands to enhance the Bank of England's powers to set the amount of capital that banks must hold, but he warned it against using the so-called leverage ratio to impose unnecessa ...
Daily Headline - global.abi.org - 11/26/2013 - 21:20 - 0 comments
- RBS Accused of Forcing Businesses to Default
Royal Bank of Scotland PLC was accused on Monday of pushing small businesses into default to boost profits, putting the bank back in the firing line with government officials who only earlier this month decided the partly state-owned bank didn't nee ...
Daily Headline - global.abi.org - 11/25/2013 - 22:23 - 0 comments
- Student Borrowing Raises Debt Total
The rising cost of student borrowing meant that households sank further into debt this year for the first time since the financial crisis, a report has found, the London Evening Standard reported. Households' non-mortgage debt grew by 4% in 2013 ...
Daily Headline - global.abi.org - 11/25/2013 - 22:24 - 0 comments
- £1,430,000,000,000 (That's £1.43 Trillion): Britain's Personal Debt Timebomb
Britain faces a timebomb as the cost of living crisis forces more people into crippling debt they will not be able to repay, according to a major study published today. The Centre for Social Justice (CSJ) think tank, founded by Iain Duncan Smith in 2004, ...
Daily Headline - global.abi.org - 11/20/2013 - 23:09 - 0 comments
- BoE Paper Endorses Automatic Restructuring of Sovereign Debt
The research churned out by the Bank of England’s financial-stability wing usually focuses on where strange new risks might lurk in the financial system, or how to safely dismantle stricken banks, The Wall Street Journal Brussels Beat blog reported. ...
Daily Headline - global.abi.org - 11/19/2013 - 21:07 - 0 comments