Bedford Hospital has been presented with its official Baby Friendly accreditation by UNICEF (United Nations Childrens Fund) for meeting the highest standards in supporting infant feeding.
A service, which has been piloted at Bedford Hospital, has shown promising signs after it has helped nearly 20 patients to be cared for in their own homes in just five weeks.
Bedford Hospital is consulting on its quality improvement priorities as part of its Quality Account for 2014/15.
Bedford Hospital's Chapel and Prayer Room have relocated following the development of a new Faith and Belief Room.
With the Easter bank holiday approaching, it's important to be prepared.
Bedford Hospital is to hold a second public listening event on Tuesday 14 April 2015.
A Bedford Hospital Cardiologist and his team have been recognised for their commitment to hosting clinical examinations for trainee doctors.
Significant bed pressures have been reported today by Bedford Hospital as it continues to tackle the latest Norovirus outbreak.
Bedford Hospital, in conjunction with Access Bedford and Hhealthwatch has launched a new and confidential direct email service for D/deaf people who want to access hospital services.
Bedford Hospital has been rated in the top 20 acute Trusts in the country for staff engagement and the top 20% for motivation, according to the latest NHS staff survey results
Cameron says Brits can still vote for a stable government Miliband insists he won’t need the support of the SNP Yet a new coalition is inevitable, say the Lib Dems SENIOR Conservative and Labour party figures insist that they can win an outright majority in today’s General Election, but a flurry of last-minute snapshots reveal a race that is too close to call. An ICM poll published last night found Labour and the Tories tied, with each party having 35 per cent of the vote. The Liberal Democrats polled at nine per cent, while Ukip and the Greens came in with 11 and three per cent, respectively. A poll by YouGov for the Sun also showed the main parties deadlocked, this time both on 34 per cent. The Lib Dems were on 10 per cent, with Ukip on 12 per cent. Populus and BMG found the Conservatives and Labour each holding a 34 per cent vote share, while TNS declared: “The parties have reached a stalemate.” The Tories were on 33 per cent of the vote share, with Labour one point behind at 32 per cent, according to its figures. These surveys are in line with other polls that were published yesterday, that all showed razor-thin margins between the two major parties on the eve of the General Election. Comres research for the Daily Mail and ITV News gave the Tories a one per cent lead, with 35 per cent to Labour’s 34 per cent. City A.M.’s final poll of polls showed the Conservatives on 34, Labour on 33, the Lib Dems on nine, and Ukip on 13. Bookmakers also agree that the vote will be extremely tight. Betway make the Conservatives 1/6 to have the most seats, with Labour at 7/2. Ladbrokes make the Tories 2/11 to win the most seats, and Labour 4/1. All the party leaders yesterday wrapped up weeks of campaigning with last-minute countrywide dashes. Today, they are out trying to rally supporters to head to polling booths, which close at 10pm today. This morning Labour leader Ed Miliband will say: “Today you can vote for a Labour government that stands up for working people, you can vote to put your NHS and your family first.” Prime Minister David Cameron will say: “Amid all the confusion and commentary, my message is simple and clear: Britain has the chance of a strong, stable government, but only if you vote Conservative. All other options will end in chaos.” Lib Dem leader Nick Clegg also commented: “Today you face the biggest political decision of your life. Our economic stability, our decent British values of openness, generosity and tolerance and the unity of our United Kingdom are all at stake.” The gridlock that now seems inevitable will almost certainly give greater influence to smaller parties, with the Scottish National Party (SNP) on course to make major gains.
INVESTORS have piled into Wasps’ debut retail bond, stumping up more than the £35m maximum the rugby club planned to raise. As a result, savers who put in bids are waiting to hear how the bonds will be allocated, and how much of the 6.5 per cent yielding, 2022-dated securities they will end up holding. Investec’s Ian Dixon, who worked on the deal, said the bonds have been “distributed more widely than we expected, because of the name and the structure that was put forward.” Sports clubs are typically seen as a risky investment, and Wasps’ financial trouble in 2012 led it close to insolvency. As a result of that episode, the club finds it difficult to access bank finance. But since then it has diversified its revenues, and only one-third of its income comes from the matches. The £35m will be used to pay off other debts, including loans from a major shareholder and Coventry Council.
GREECE’S creditors yesterday hit back at claims they were obstructing negotiations with the cash-strapped country, while officials cast doubt on an agreement being reached at a meeting of finance ministers on Monday. The Greek finance ministry also denied reports it was about to tax bank transactions or wealthy families to alleviate its fiscal position. “The European Commission (EC), the European Central Bank and the International Monetary Fund (IMF) share the same objective of helping Greece achieve financial stability and growth,” Greece’s three main creditors – formerly known as the troika, now referred to as the institutions – said in a statement. It came after a Greek government non-paper said that creditors were contradictory in their demands. The IMF also confirmed it had received a €200m (£150m) payment due from Greece. German Finance minister Wolfgang Schauble also defended the position of the creditors. “Neither the troika, nor Europe, nor Germany can be blamed for Greece’s problems,” he said yesterday. “Greece lived beyond its means for many years.” Jeroen Dijsselbloem, who heads the Eurogroup, the group of Eurozone finance ministers, dashed already slim hopes that Greece would receive funding in time for a €750m payment to the IMF on 12 May. “I’m getting some positive reports from the talks in Brussels. Still, lots of issues have to be solved, have to be deepened more, with more details, so there will be no agreements on Monday. We have to be realistic,” he told an audience in Paris. With progress stalling, Prime Minister Alexis Tsipras has taken a more active role. He met with EC president Jean-Claude Juncker yesterday to discuss pension and labour market reforms – areas the Greeks had previously labelled “red lines” that they would not cross. Meanwhile, a spokesperson for the finance ministry told City A.M. it was not about to impose a tax on cash transactions to prevent outflows from its banks, and also played down reports that it would hike taxes on Greece’s richest households.
THE SOLICITOR representing UK Flash Crash trader Navinder Sarao said he would be appealing to the High Court within a week yesterday, after Sarao failed to raise the £5.05m required for bail. Sarao has struggled to raise the money necessary since the US government froze his assets using an international restraining order. As a result Sarao was told to remain in custody for a further two weeks. Dressed in a grey sweatshirt, the 36-year-old trader defended himself saying: “I’ve not done anything wrong apart from being good at my job. How is this allowed to go on?” Sarao’s legal team argued the bail surety should be reduced to £50,000, set to come from his parents. But despite the difficulties arising from the asset freeze, judge Elizabeth Roscoe declined to change his bail conditions, stating: “I will not vary bail, I will leave it how it is.” Richard Egan, representing Sarao, reacting to Roscoe’s refusal said: “We are very disappointed by the refusal to amend the decision. It would effectively be illegal for him to provide the security without breaching the order.”
A STRONG survey of the service sector firms has reaffirmed economists’ views that a slowdown in growth at the start of the year will prove to be temporary. The service sector purchasing managers’ index compiled by Markit scored 59.5 in April, according to figures released yesterday. Scores above 50 signify growth, with higher figures pointing to faster growth. It shows growth in the service sector, which makes up nearly 80 per cent of the economy, was faster than in March when the survey scored 58.9. “It still looks as though the economic recovery has got quickly back on track,” said economist Vicky Redwood from Capital Economics. The economy slowed at the beginning of the year, growing only 0.3 per cent from January to March, according to preliminary figures, but Redwood believes there’s still a good chance these could be revised up. “It looks like the economy has rebounded from the weakness seen at the start of the year,” said economist Chris Williamson from Markit. “Fears of the economy slumping amid election jitters are allayed.”
City A.M.'s online editor Emma Haslett was crowned Rising Star of the Year at the prestigious British Media Awards at the Brewery last night, putting the gloss on a huge year for City A.M., where its online audience has grown three-fold. Taking the title ahead of media luminaries such as the Mirror and the Telegraph, Emma said the award was vindication for the entire digital team. “I am honoured to have received such an accolade recognising the hard work of the digital team at City A.M.,” she said. City A.M. was also shortlisted for content team of the year at the event, which was hosted by TV newsreader Natasha Kaplinsky. Pearson’s Dame Marjorie Scardino won the award for outstanding contribution to media, the first award to be handed out last night.
DEUTSCHE Bank successfully priced a main-market flotation on the London Stock Exchange yesterday, on the eve of the most uncertain General Elections in decades. Despite claims that investors would not stump up funds at the time of a close vote, Integrated Diagnostics Holdings’ initial public offering (IPO) came through successfully. The stock even rose sharply on conditional trading – the shares increasing 26 per cent from the float price of $4.45 to $5.60 over the day. That hike means the firm’s valuation rose from $668m (£438m) to $835m. Unconditional trading commences on 11 May. The medical services firm had hoped to float in February with a joint listing in Egypt, its home market. But administrative delays led the firm to press ahead with the London listing. “There is UK money on the book, but more from emerging markets investors who are less swayed by the election,” said one insider with knowledge of the deal. “Those emerging markets funds in London, the US, South Africa, as well as a lot of high quality global healthcare institutions as well.” In fact, rather than being put off by the election, investors were happier with the firm because of the London listing. The location in the capital brings reassurances of better governance and lower volatility. Similar medical floats include two from the UAE coming to London – Al Noor Hospitals in 2013 and NMC 2012, both of which have since performed strongly. There are some smaller IPOs coming to the market despite the General Election, with self-invested personal pension plans provider Curtis Banks listing on the Alternative Investment Market (Aim). Meanwhile MayAir Group is also floating on Aim today.
RUPERT Murdoch’s 21st Century Fox yesterday reported a hit to its earnings for the third quarter, after asset sales and the fact it did not show the Super Bowl. Net income fell seven per cent to $975m (£640m), from $1.06bn a year earlier. The media giant posted quarterly revenues of $US6.8bn, which were down from $US8.2bn a year ago, but up by 1.2 per cent when adjusted because of the sale of Sky Italia and Sky Deutschland in November. Television operating income fell 51 per cent to $141m on revenue that sank 22 per cent to $1.2bn. The company suffered from not screening the Super Bowl, as it did in 2013. The company’s other two sections – pay TV and film – were more successful. Operating income for films rose eight per cent to $382m, with revenue of $2.4bn. Box office hits such as Taken 3 and Kingsman: The Secret Service, helped lift the tally. Cable network programming operating income rose five per cent to $1.2bn.
CITY broker Panmure Gordon yesterday said it was on the verge of buying Charles Stanley’s investment bank after a rival bid to buy the unit collapsed earlier this year. Panmure, led by chief executive Phillip Wale, has agreed in principle to buy the unit, which has contracts with 49 corporate clients. Mark Taylor, joint managing director of Charles Stanley Securities and had of its corporate finance team, is expected to join Panmure Gordon as part of the deal The potential tie-up comes in the wake of separate talks held between Charles Stanley and US outfit Stifel Financial in March. Despite Stifel getting exclusivity on the deal, talks eventually collapsed leaving Panmure’s offer on the table. Stifel is best known in the UK for snapping up UK broker Oriel Securities last year. Charles Stanley’s new chief executive Paul Abberley – ex-boss of Aviva Investors – has been explicit in his bid to move away from investment banking and focus on its lucrative asset management business, which looks after about £20bn of assets. Charles Stanley Securities offers trading, sales and M&A advisory services to clients.
On election day, Lauren Fedor examines what business leaders want from the next government CITY leaders want the next government to back new businesses in a big way, supporting start-ups and promoting financial education in schools, according to a survey by City A.M. For the last three weeks, City A.M. has asked leaders of FTSE 100 companies and Tech City start-ups alike what policies would entice them to vote for a particular party today. The results are in, and more than three-quarters of respondents mentioned either entrepreneurship or education in their answers. KPMG chairman Simon Collins said the next government needs to “turbo-charge” entrepreneurs and small and medium-sized businesses by increasing access to research and development tax credits. Sam Smith, chief executive of FinnCap, a broker to Aim companies, agreed, calling on the next government to put in place further tax breaks for investing in growth companies, while maintaining tax relief for entrepreneurs. Virgin Money chief executive Jayne-Anne Gadhia likewise said government policies should “incentivise an entrepreneurial culture.” “That means encouraging start-up businesses created by people from a wide range of backgrounds,” she said. “It also means investing in skills, online connectivity and education to address youth unemployment and to get the engine room of the economy firing.” Nick Hungerford, chief executive of the online investment company Nutmeg, drew a connection between schooling and SMEs, saying he would back a party that “recognises the importance of education towards entrepreneurship.” “Our future leaders could come from anywhere, and entrepreneurial flair and spirit should be encouraged and nurtured at all levels of education,” Hungerford said, suggesting incentives for universities to promote student-led start-ups. Dragons’ Den star Peter Jones also stressed the importance of business education in primary and secondary schools. “Time and time again, research has shown that many school leavers lack the skills required for employment in the modern world,” he said. “Ultimately, this is putting us at a competitive disadvantage as a nation and, in turn, our economy is at risk.” Both Alliance Trust chief executive Katherine Garrett-Cox and British Bankers’ Association (BBA) head Anthony Browne pointed to financial literacy as an important component of classroom curriculums. Garrett-Cox said politicians should increase spending on financial education: “We need to increase knowledge among young people on how to prepare for their financial future and make sure they know what options are available to them.” Browne agreed, saying, “Children should leave school capable of understanding their own financial affairs.” HOW THE MAIN PARTIES STAND IN THE POLL OF POLLS CONSERVATIVE NC 34% LABOUR NC 33% LIB DEM NC 9% UKIP NC 13% GREEN NC 5% For more detail visit cityam.com/polltracker