Pharmaceutical companies are in the news again being accused of unreasonable price hikes. This time it's Actavis UK, who have been accused by the NHS of overcharging for a "lifesaving" drug by raising the price more than 12 thousand percent. This follows similar situations such as Pfizer being charged a record 107 million dollar fine for allegedly overcharging for an epilepsy treatment, and the Martin Shkreli scandal, when the U.S. Pharmaceutical Executive bought the rights to Daraprim, and raised the price more than 50-fold. Share Radio's Matt Cox has been investigating these price hikes. He spoke to Dr Amit Roy pharmaceutical analyst and founder of independent investment research firm Foveal.
A study of how small and medium sized businesses are feeling about the future suggests revenue and hiring will accelerate in the next 12 months. That’s been revealed in an SME Growth tracker by Capital Economics. Zamir Cajee, an Amazon Marketplace user and online retailer, was involved in the survey and he joined to discuss the findings.
High profile executives, including Microsoft's Bill Gates and Facebook founder Mark Zuckerberg, are investing one billion dollars in a fund for clean energy tech and addressing climate change. They're being joined by others such as Amazon's Jeff Bezos and Alibaba chairman Jack Ma. They hope to increase financing to emerging energy research, and help hit emissions goals set in the Paris Summit. Dr. Charles Donovan is Director of Imperial College London's Centre for Climate Finance, and he joined Share Radio Breakfast to discuss.
Bermuda is considered the world’s worst corporate tax haven, according to a report released by Oxfam. The report also names and shames three other territories, which, like Bermuda, are under UK sovereignty: Cayman Islands, Jersey and the British Virgin Islands. Timon Molloy, Managing Editor of Money Laundering Bulletin, joined Share Radio to discuss this. We started by asking him if we have learnt anything new from this report.
Head of the International Monetary Fund Christine Lagarde is appearing in court today charged with negligence and misuse of public funds. Lagarde is under fire for a massive government payout to tycoon Bernard Tapie from her time as French finance minister. Share Radio's James Brydges has been finding out more.
There are only eleven shopping days left until Christmas and it's already apparent who some of the winners and losers might be on our high streets. But if the queues around their stores are anything to do by, one of the festive winners may be Flying Tiger Copenhagen, until recently known as Tiger. Flying Tiger stores sell everyday home and kitchenware, stationery and toys, often with a Scandinavian design twist. The first UK store was in Basingstoke, and now the company counts 80 stores in the country, 600 stores across 29 countries. What can we learn from how they trade? Philip Bier heads Tiger’s business in the south-east of England, and he joined Share Radio to discuss.
New figures show that the arm sales industry in the UK last year increased 2.8%. BAE Systems, the biggest manufacturer here in the UK and third biggest worldwide saw sales rise to 25.5 billion dollars, in part from Typhoon combat aircraft exported to Saudi Arabia. Share Radio's James Brydges has been speaking to Aude Fleurant, from the Stockholm International Peace Research Institute, that compiled the figures.
Gabriel Pirona, Group Finance Director at Photo-me International, the instant service equipment group, joined Share Radio Breakfast to discuss the company’s latest interim results. Once again the results were positive and Gabriel reflected on the performance.
Tata Steel has made a commitment to secure jobs and production at Port Talbot and other steelworks across the UK, unions have said. It could bring an end to eight months of uncertainty for thousands of workers who faced losing their jobs when Tata's UK business was put up for sale. Community Union made the announcement following talks with Tata and other unions Unite and GMB on Wednesday. But workers still have to agree to it and will be balloted in the new year. Councillor Anthony Taylor, former worker at the Port Talbot steel plant, joined Share Radio to discuss the deal.
Vicky Brock, CEO of industry consultant Clear Returns, joined Share Radio to talk about UK retailers being asked to brace themselves for a surge of returned goods, as shoppers regret their Black Friday purchases.