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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Tuesday 29 January, 2008

Dept Business&Ent

Final DecisionOn BSkyBs stake

Dept for Business, Enterprise & Reg
29 January 2008

29 January 2008


Secretary of State for Business and Enterprise, John Hutton, has today announced
his decision on British Sky Broadcasting Group's acquisition of a 17.9% stake in
ITV plc.  Under sections 54 and 55 of the Enterprise Act, the Secretary of State
has decided:

•   To make an adverse public interest finding taking account of the Competition 
    Commission's decision that this transaction results in a substantial
    lessening of competition within the UK market for all television.

•   To find that the transaction does not have an adverse effect on the relevant 
    specified public interest consideration relating to plurality of persons 
    with control of media enterprises.

•   To impose the remedies recommended by the Competition Commission to
    address the substantial lessening of competition identified in their report:
    divestment of BSkyB's shares in ITV down to a level below 7.5% and
    behavioural undertakings from BSkyB requiring the company not to dispose of
    the shares to an associated person, not to seek or accept representation on
    the Board of ITV and not to reacquire shares in ITV.

The Secretary of State's decisions in this case follow the Competition
Commission's detailed investigation and report into the effects of BSkyB's
shareholding in ITV on competition and on the public interest as it relates to
the need to ensure a sufficient plurality of persons with control of media
enterprises.   In reaching his decision, the Secretary of State also gave
careful consideration to the representations received by him from both the
principal parties and from third parties.

Draft undertakings will be published in due course in accordance with Schedule
10 of Enterprise Act 2002.  This allows for interested parties to comment on the
proposed undertakings.

Notes to editors

 1. On 24 May, the then Secretary of State for Trade and Industry, Alistair
    Darling, referred the acquisition to the Competition Commission (CC) for
    investigation under section 45(2) of the Enterprise Act 2002 (the Act).
    Under its terms of reference the CC was required to prepare a report in
    accordance with Section 50 of that Act containing decisions on whether a
    relevant merger situation had been created; whether that situation would be
    expected to result in a substantial lessening of competition (SLC) in any
    market or markets in the UK; and whether, taking into consideration only any
    SLC and the media public interest consideration specified in the reference,
    the merger may be expected to operate against the public interest.  The
    public interest consideration specified in this case is the one at section
    58(2C)(a) of the Act. This is specified as: 'the need, in relation to every
    different audience in the UK 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'.

 1. The Secretary of State received the final report of the Competition
    Commission, prepared in accordance with Section 50 of the Act, on 14
    December 2007 ('the Competition Commission Report').  This was published on
    20 December 2007.

 2. The Secretary of State published the Competition Commission's report on the
    merger on 20 December 2007 (BERR Press Notice 20007/141).

 3. Under section 120 of the Enterprise Act 2002, any person aggrieved by this
    decision has four weeks within which to apply to the Competition Appeal
    Tribunal for a review of the decision.

 4. The Secretary of State received a request from BSkyB not to disclose to any
    party other than BSkyB the period of time within which the necessary
    divestment of shares is to be completed.  They argued that wider disclosure
    of this information was not necessary and could be unduly prejudicial to
    their legitimate commercial interests.  ITV argued conversely that the
    period should be made public.  The Secretary of State recognises there are
    arguments on both sides.  On balance, having consulted the Competition
    Commission and the Office of Fair Trading about their practice in similar
    cases, the Secretary of State has decided not to disclose the information.
    The specified divestment period will begin from the date that suitable
    divestment undertakings are finalised.

 5. A copy of the final decision can be found at -

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

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