Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Thursday 24 May, 2007


British Sky Broadcasting/ITV

Dept Trade & Industry
24 May 2007

British Sky Broadcasting/ITV statement

Secretary of State for Trade and Industry, Alistair Darling, has today referred
British Sky Broadcasting Group's acquisition of a 17.9% stake in ITV plc to the
Competition Commission under Section 45(2) of the Enterprise Act.  In accordance
with Section 47(2) of that Act, the Competition Commission must now conduct a
detailed investigation into the effects of the transaction both on competition
and on the specified public interest consideration relating to the plurality of
persons with control of media enterprises.

Alistair Darling said 'My decision reflects consideration of the reports I have
received from both the Office of Fair Trading and Ofcom and of other
representations I have received about this matter.  On the basis of the evidence
before me, a fuller investigation by the Competition Commission is justified.'

Alistair Darling issued an intervention notice in respect of this transaction on
26 February 2007 requiring the Office of Fair Trading and Ofcom to submit
reports to him which they did on 27 April.

At that time, the Office of Fair Trading announced its key competition findings
that a relevant merger situation has been created; that it has resulted, or may
be expected to result, in a substantial lessening of competition within a market
or markets in the UK; and that the competition concerns could not be remedied by
undertakings provided by the parties.

Similarly, Ofcom announced its key findings that the transaction does raise
public interest issues relating to the plurality of news provision to the UK
audience for both cross-media and television news.

Notes to editors

1. The full text of Alistair Darling's statement to Parliament on this matter is
attached to this press notice and will be made available on the DTI website
shortly.  A reference decision document is also being published today on the DTI

2. Section 42(2) of the Enterprise Act 2002 provides that the Secretary of State
may intervene in mergers where he considers that it is or may be the case that a
specified public interest consideration is relevant to a consideration of the
relevant merger.   The public interest consideration specified in this case is
the one at Section 58(2C)(a) of the Enterprise Act 2002. This is as follows:

'58(2C)(a)  the need, in relation to every different audience in the United
Kingdom or in a particular area or locality of the UK, for there to be a
sufficient plurality of persons with control of the media enterprises serving
that audience.

3. Following Alistair Darling's decision of 26 February to issue a public
interest intervention, the Office of Fair Trading (OFT) and Ofcom provided
reports to him under Sections 44 and 44A of the Enterprise Act.  At the time
they provided these reports, the OFT and Ofcom also issued press releases
announcing their key findings. Copies of these may be found on the OFT and Ofcom
websites at and

4.  The reference to the Competition Commission is being made under section 45
(2) of the Enterprise Act 2002.  The Competition Commission must now conduct a
detailed investigation into the effects of the transaction both on competition
and on the specified public interest consideration relating to media plurality
in accordance with Section 47 of the Enterprise Act and, under Section 50 of the
Act, report to the Secretary of State.  Under Section 51 of the Enterprise Act,
they have 24 weeks from the date of the reference to report although this
deadline may be extended by 8 weeks if there are special reasons why this is
necessary.  The Secretary of State must then take decisions in accordance with
Section 54 of the Act on whether to make an adverse public interest finding and,
if so, to take appropriate enforcement action in accordance with Section 55 of
the Act.

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                                                                                                                      

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