Pandora online music shares debut

Pandora executives ringing the New York opening bellPandora lost $1.8m in its most recent full year
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The US internet radio service Pandora Media rose sharply on its debut on the New York Stock Exchange, before falling back.

The firm, which has yet to make a profit, had an offering price of $16 (£9.76) a share.

It rose as high as $26 a share on Wednesday before settling down to around $18.75.

The share price values the company at about $3bn, which is well above the current value of AOL, for example.

Pandora is the latest in a series of high-profile internet share sales, with LinkedIn already having floated and Groupon planning a listing.

LinkedIn has a market capitalisation of about $7bn.

Facebook is also expected to launch on the stock market in the next year.

Pandora started out as a music recommendation service called Savage Beast Technologies in 2000.

It changed its name in 2005 when it launched an internet radio service, which allows users to create custom radio stations by specifying which artists and genres they want to hear.

It has 94 million registered users and makes most of its money through advertising.

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Gove sets schools new GCSE target

ClassroomSecondary schools in England are to be given new exam targets
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Secondary schools in England are to be set a more ambitious target of securing five good GCSE passes for at least half of their pupils.

Education Secretary Michael Gove will make the announcement in a speech in Birmingham on Thursday.

Mr Gove will also reject accusations from Labour that his academies programme is solely focused on successful schools.

He wants to end what he claims is a low expectations culture in some schools.

At present a school is assessed as under-performing if fewer than 35% of pupils get five good GCSEs including maths and English.

But Mr Gove believes the bar should be raised to 50% by 2015.

Last year 870 out of the 3,000 secondary schools in England fell short of that benchmark.

This new target would require the worst-performing secondaries to bring their results up to the level currently achieved by the average school.

Those which fail could be taken over by a successful neighbouring academy, a policy introduced under the last Labour government.

Mr Gove will argue Britain and the rest of Europe need to accelerate the pace of educational improvement to compete with successful economies, especially in Asia.

He is expected to propose raising the benchmark to 40% in the 2012-13 academic year and to 50% by 2015.

The Guardian newspaper reports Mr Gove’s interest in educational performance in Singapore, where 80% of pupils already achieve at least grade C in English and maths at 16, compared to 50% in the UK.

The paper also says he will announce plans to turn 88 struggling schools – including 73 secondaries and 13 primaries – into academies over the next two years.

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Civil servants say yes to strikes

Mark SerwotkaMark Serwotka said teachers’ vote to strike would send ministers a clear message
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A union is threatening a walkout by hundreds of thousands of public sector workers, ahead of the results of a ballot over pension changes, job cuts and a pay freeze.

The PCS union is expecting its members to deliver an overwhelming vote in favour of strike action when details are announced on Wednesday.

It follows two teachers’ unions backing strikes on the same day.

But the government said any co-ordinated action would be a “mistake”.

Following Tuesday’s announcements of strikes by the National Union of Teachers and the Association of Teachers and Lecturers, a walkout is set to take place at thousands of schools in England and Wales, affecting millions of children.

PCS general secretary Mark Serwotka has warned that up to 750,000 public-sector workers in total could be taking co-ordinated strike action on 30 June, the biggest outbreak of industrial unrest in the public sector for many years.

He said of the NUT and ATL ballots: “These results send a clear message to the government that public-sector workers do not believe they should be made to pay with their pensions for a recession they did not cause, and we send our support and solidarity to all NUT and ATL members.

“All the experts who have looked at public-sector pensions, including the government’s own adviser, Lord Hutton, agree they are affordable now and in the future.

“The government is isolated in its belief there is a need to cut pensions even further and the only conclusion to draw is that ideology is replacing reality.”

Unison general secretary Dave Prentis has also warned that 1.2 million local authority, NHS and other public-sector workers are “on the road” to industrial action in the autumn, highlighting a “perfect storm” of pay freezes and lower pensions.

But Cabinet Office minister Francis Maude said it was fair to ask public sector workers to pay “a bit more” for their pensions and to create a better balance with what other workers paid.

Contributions would rise across the board by around 3% but public-sector pensions would remain “very generous”, giving a civil servant on a £23,000 salary, with 20 years’ service, a pension worth £250,000, he said.

Mr Maude added: “We have made a great deal of progress in the talks and I am hopeful that more progress will be achieved.

“It will be a big mistake for people to embark on strike action while there are discussions going on.”

Further talks between the government and union leaders are scheduled for 27 June.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Father jailed over baby methadone

Grant YuillGrant Yuill has been jailed for eight years
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A father found guilty of giving the drug methadone to his baby daughter in a bottle of milk has been jailed for eight years.

Grant Yuill, 38, of Porthmadog, Gwynedd, was also convicted of supplying drugs to the baby’s mother.

The child, who cannot be named, has been taken into care. Caernarfon Crown Court was told exposure to the drug had affected her development.

Yuill was previously cleared of rubbing methadone into his daughter’s gums.

He was also found guilty of child cruelty and putting the baby’s mother in fear of violence.

Judge Merfyn Hughes QC said the child was particularly vulnerable, adding that Yuill had abused his position of trust as a father.

He told Yuill: “You were the driving force behind the decision to do this.”

The judge described it as “serious cruelty” to the baby over a period of time.

He added: “It will only be when she’s approaching school age that the full impact of what you have done to her will become known.”

Responding to the judge’s comments during the trial, the Betsi Cadwaladr University Health Board said it was “absolutely confident that staff acted professionally and appropriately”.

A trust spokesman said it was staff vigilance that “ensured that the situation was brought to light”.

Iwan Trefor Jones, chair of the Gwynedd and Anglesey Local Safeguarding Children Board, said the board had completed a serious case review into the incident.

He added that the board “remains determined to openly establish whether there are lessons to be learnt to improve inter-agency working to safeguard children and act upon recommendations made”.

Yuill was found guilty of five offences of supplying methadone to the baby, and supplying methadone and heroin to the mother.

In February last year, she was jailed for three years for supplying methadone to the infant and child cruelty.

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Greek strikers clash with police

A view of the Greek parliament in Athens on 14 June 2011Greece is struggling with the terms of its bail-out package

Workers in Greece are due to stage a general strike, as the parliament meets to debate new austerity measures.

Demonstrators say they will encircle the parliament building in an attempt to prevent MPs from taking part.

Prime Minister George Papandreou is trying to push through fresh policies as part of the conditions for the EU and IMF’s bail-out package.

On Monday, Standard & Poor’s cut Greece’s credit rating, making it the world’s least credit-worthy country.

The Greek government said the downgrade – from B to CCC – ignored its efforts to secure funding.

Activists and unionists plan to gather at Syntagma Square on the front steps of the assembly in central Athens on Wednesday.

Analysis

Gathered outside Greece’s parliament and making obscene gestures, members of the so-called Indignant movement chant “Kleftes” (or “thieves”) at the country’s politicians.

Their intention and that of the unions taking part in the general strike, is to force the government to throw out the new austerity programme.

Prime Minister George Papandreou has no intention of doing so. In a recent interview he compared Greece’s plight to that of a country at war, saying mistakes are made, battles are lost and combatants are wounded, but he said he was determined to win.

The country is losing faith in his leadership, however. For the first time in years, his socialist party is lagging behind the opposition conservatives in opinion polls.

Mr Papandreou faces the risk of a backbench revolt over the plans.

One MP defected from Mr Papandreou’s PASOK party defected on Tuesday, leaving it with only 155 of the chamber’s 300 seats.

“You have to be as cruel as a tiger to vote for these measures. I am not,” George Lianis, a former sports minister, said in a letter to parliament’s speaker announcing his departure from the parliamentary group.

At least one other Socialist MP has threatened to vote against the new programme of cuts and privatisation of state assets.

The government has appealed for consensus over its proposals, which would see 6.5bn euros (£5.7bn; $9.4bn) worth of tax rises and spending cuts this year.

“Every Greek, particularly the new generation, demands that we fight the battle with all our power, a battle to avoid a disastrous bankruptcy which will undermine the future of the country,” government spokesman George Petalotis told reporters.

“We are fighting the battle to serve the common good, in the most crucial moment in the country’s modern democracy.”

The EU and IMF is demanding the measures in return for the release of another 12bn euros in aid next month which Athens needs to pay off maturing debt.

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Salmond attack on legal figures

Alex SalmondAlex Salmond has raised concern over the role of the Supreme Court in Scots law
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A spokesman for Alex Salmond has said he has “nothing to add” to a magazine article in which the first minister attacked several Scots legal figures.

Mr Salmond accused Lord Hope, deputy president of the UK Supreme Court, of “extreme” decisions.

And he said the prominent solicitor Tony Kelly was making “an incredibly comfortable living” from representing the human rights of prisoners.

Mr Salmond made the attack in an article for Holyrood magazine.

It came amid an on-going row over the role of the Supreme Court in criminal cases north of the border, which the Scottish government says is undermining the independence of the Scots legal system.

The court has the ability to rule on cases where Scots law conflicts with human rights legislation.

Attacking Lord Hope, a Scottish judge who sits on the Supreme Court, Mr Salmond told the magazine: “All I would say to Lord Hope is that I probably know a wee bit about the legal system and he probably knows a wee bit about politics.

Analysis

It seems probable that Mr Salmond’s rhetoric will encourage the Supreme Court itself to be yet more minimalist still in the scope of its involvement in Scottish criminal law involvement.

Equally, it should be borne in mind that this is very far from an ordinary political complaint for a Nationalist leader.

Yes, it is seemingly about dry legal structures.

But for Alex Salmond, the Nationalist with the biggest mandate in his party’s history, it is fundamental.

More from Brian Taylor

“But politics and the law intertwine, and the political consequences of Lord Hope’s judgements are extreme and when the citizens of Scotland understandably vent their fury about the prospect of some of the vilest people on the planet getting lots of money off the public purse, they don’t go chapping at Lord Hope’s door, they ask their parliament what they are doing about it.”

Mr Salmond also singled out Professor Kelly, a well-known human rights lawyer and visiting law professor.

He said: “There is not a single person, outwith Professor Kelly, who was the instigator of many of the actions, that believes that the judicial system is there to serve their interests and to make sure they can make an incredibly comfortable living by trailing around the prison cells and other establishments of Scotland trying to find what might be construed as a breach of human rights of an unlimited liability back to 1999, and that is what we were faced with.

The Scottish government has appointed a group of legal experts to look into the Supreme Court issue after a ruling in the case of Nat Fraser, who was jailed for life in 2003 after being convicted of murdering his wife, Arlene, in Elgin.

Having exhausted the appeal process at home, the 52-year-old won an appeal in the Supreme Court to have his conviction quashed.

The judges remitted the case to the Scottish Court of Criminal Appeal. Last week the Crown said it accepted the quashing of the conviction but was seeking a retrial, a move which is opposed by the defence.

The UK government’s senior legal adviser in Scotland, Advocate General Lord Wallace, has defended the role of the UK Supreme Court in Scots law.

He said people across the UK must have their human rights protected at the same level.

A spokesman for Mr Salmond said the article “speaks for itself” and that he had “nothing to add”.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Cancer patients ‘to be worse off’

 
David Cameron

Are cancer patients losing £94 a week?

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David Cameron and Ed Miliband have clashed in the Commons over welfare support for people with cancer.

The Labour leader said benefit changes due to be debated later by MPs could see 7,000 cancer patients losing £94 a week in financial support.

Cancer charities were angry about the move, he said, and the prime minister “did not know his own policy”.

Mr Cameron said benefits would still be paid for at least a year and Labour was “divided” on welfare reforms.

The row over proposed changes to the benefits system, stemming from the government’s current reassessment of all those on incapacity benefit to see if they are able to work, dominated prime minister’s questions.

Mr Miliband said cancer charities were warning that the changes could result in 7,000 sufferers losing vital financial support as they recovered from their illnesses.

Charities have said changes in the government’s Welfare Reform Bill would see some people being made worse off just a year after they were diagnosed with cancer.

Rather than receiving employment support allowance – the successor to incapacity benefit – as they do now, people who are reclassified following a fitness-to-work test will see their benefits means-tested after 12 months.

If their family income is more than £150 a week, the charities say these people could lose £94 a week in contributory allowance.

“These are people who have worked hard all their lives, done the right thing, who have paid their taxes and when they are in need, the prime minister is taking money away from them,” Mr Miliband told MPs.

“Britain’s cancer charities have been making these arguments for months. I am amazed the prime minister does not know about these arguments. How can it be right that people with cancer, 7,000 people with cancer, are losing £94 a week?”

But Mr Cameron said the same benefits would be available for the first 12 months as under the last government and for the most vulnerable, support could continue indefinitely.

No more Nasal Ed. Today saw the hatching of Angry Ed.

He shouts, he growls, he bangs his fist and jabs his finger.

When Miliband stood up, the Lib Dem and Tory benches erupted in cheers for Labour’s leader.

They think he’s a loser who’ll help them win.

Certainly Ed Miliband’s questioning of David Cameron last week fizzled out like many before.

The Labour leader has tended to skip between subjects each session and leave himself open to swift counterattack by Mr Cameron who tends to swat his opponent away.

Not today.

Ed Miliband drilled down into a technical but emotive welfare issue that the prime minister was clearly not expecting.

As if galvanised by the nameless critics muttering about his problems in the papers, Miliband grilled Mr Cameron with anger, focus and passion.

The arguments about the policy will go on through the day.

But when he sat down it was Mr Miliband’s team who were cheering for the first time in weeks.

Today at least, he silenced his critics.

“It is the same test as under the Labour government and it is put in place fairly,” he said.

“The whole point about our benefit reforms is that there are proper medical tests so we support those who cannot work, as a generous and tolerant and compassionate country should, but we make sure that those who can work have to go out to work so that we don’t reward bad behaviour.”

The prime minister accused his counterpart of using the issue as a “smokescreen” to hide the fact his party was “divided” over welfare reforms – a claim that drew an angry response from the Labour leader who said the claim was a “disgrace”.

Asked about the 7,000 figure later, Employment Minister Chris Grayling said it was “pure guesswork”.

But he told the BBC that the government was having to make “difficult” decision on welfare due to the size of the deficit it had inherited.

“We can’t afford to continue to provide, in difficult times financially, support for people through the welfare state who have got other financial means to depend on. That is one of the pragmatic realities of life today.”

Labour called on Mr Cameron to apologise to cancer patients for saying in the Commons that Ed Miliband was using the issue as a “smokescreen” to hide Labour’s reluctance to back welfare reforms.

Macmillan Cancer Support, who have lead the campaign against the changes, said the government’s position was “hard to understand” and it would take about £34m a year to change it and restore the assistance.

The charity said those affected were not the most seriously ill, who would continue to receive indefinite support in, but those who were on the road to recovery and who were expected to take steps to prepare themselves for a return to work – such as preparing a CV.

“We’re very hopeful that the government will look at this again, that they can’t possibly be trying to penalise cancer patients, right at the point when they’re trying to return to work,” the charity’s Mike Hobday, a former Labour candidate, said.

The issue relates to all those recovering from a serious illness and unable to work as a result – not just those with cancer.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.