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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Friday 29 May, 2009

Office of Fair Trade

Contract Rights Renewal

RNS Number : 9881S
Office of Fair Trading
29 May 2009


29 May 2009


The OFT has today advised the Competition Commission (CC) to consider changes to ITV's Contract Rights Renewal (CRR) Undertakings. These were introduced as a condition for the merger of Carlton  and Granada in 2003.  

      The OFT's recommendations follow a review and consultation into CRR, conducted with the assistance of Ofcom.

      The OFT found that whilst ITV1's market position has declined, it remains almost the only provider of very large commercial audiences, which are of particular value to some advertisers. Thus, whilst the detrimental effects of the merger on the advertising market appear to have reduced, they may not have been eroded completely. 

      CRR is, however, not without costs and disadvantages and the OFT recommends that the CC should consider whether any alternatives to the current remedy would now be effective or if  CRR  should stay as it is.

      There have been changes in the way the ITV1 programme schedule is delivered including the development of both a high definition and a potential time shifted (+1) channel. These changes mean that if the CRR remedy remains in place, the CC should consider updating it to take account of new forms of delivering the ITV1 schedule. 

      John Fingleton, OFT Chief Executive, said: 

      'Changes in ITV1's market position and programme delivery since CRR was introduced in 2003  mean it is now time to take another look at it.

      'We recommend retaining some protection for advertisers and media buyers so that all parties have an equal playing field in what are challenging economic circumstances.' 

      The Competition Commission will now make the final decision on whether change to CRR is appropriate or not and, if it is, what form it should take.

      The executive summary of the  OFT's CRR Review is available at


  • The CRR Undertakings are a part (Clauses 5 to 11 and associated clauses) of a larger set of undertakings given by Carlton and Granada in 2003 following a report by the Competition Commission on the proposed merger of those two businesses to form ITV plc. The CRR Undertakings address concerns the Competition Commission had about the effect the enhanced market position ITV plc would have on competition in the sale of advertising airtime. 

  • Among other things, the CRR Undertakings allow buyers of advertising airtime to roll forward their pre-merger contracts, subject to annual adjustments which reflect the change in ITV1's share of advertising (measured in the form of its share of commercial impacts). The Undertakings created the Office of the Adjudicator which is responsible for determining certain disputes arising under the Undertakings and which reports on compliance. For a full text of the undertakings and more information on CRR and the Office of the Adjudicator go to

  • The OFT launched a consultation on CRR in January 2009 and invited media buyers, advertising agencies, ITV and others to submit evidence. The consultation explored a range of possible outcomes. This included at one end of the scale, the removal of CRR in its entirety to retaining CRR largely as it is today, with various easements and modifications in between the two extremes. 

    The OFT and Ofcom formally launched a review of CRR in January 2008. This review was undertaken in light of possible changes of circumstances in the sale of UK television advertising since the Undertakings were accepted in 2003.

  • The full non-confidential version of the OFT's Review into CRR will be available shortly.

MEDIA enquiries: 020 7211+        

Corinne Gladstone    8899                           Kasia Reardon    8901

Jonathan Marciano    8898                          John Fearn         8708    

Out of hours: mobile: 07774 134814            fax messages: 020 7211 8961      


PUBLIC enquiries: 0845 7224499               [email protected]

OFT reports and consumer information leaflets are available free from: 

OFT, PO Box 366Hayes UB3 1XB 0800 389 3158 [email protected]


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

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