DOCSLIB.ORG

Guardian Media Group Plc Annual Report and Accounts 2009 Securing the Long-Term Future of the Guardian GMG Annual Report 2009

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Guardian Media Group plc Annual Report and Accounts 2009 Securing the long-term future of the Guardian GMG Annual Report 2009 Contents 01 Introduction 32 Corporate responsibility 02 Group structure 36 Financial review 03 Financial highlights 42 Corporate governance 04 Statement from the chair 47 Report of the directors 07 Chief executive’s review of operations 49 Directors’ remuneration report 08 Introduction 53 Independent auditors’ report 09 Guardian News & Media 54 Profit and loss account 12 GMG Regional Media 54 Statement of recognised income 15 GMG Radio and expense 17 GMG Property Services 55 Balance sheet 19 Trader Media Group 56 Cash flow statement 22 Emap 57 Notes relating to the financial statements 25 Outlook 87 Group five year review 26 Board of directors 89 Company financial statements of Guardian 28 Statement from the chair of the Scott Trust Media Group plc 30 The Scott Trust directors 99 Advisers GMG Annual Report 2009 Securing the long-term future of the Guardian Guardian Media Group (GMG) is one of the UK’s leading multimedia businesses. The diverse portfolio includes national and regional newspapers, websites, magazines, radio stations and business-to-business media. Our flagship is the Guardian newspaper and website. The Group is wholly owned by the Scott Trust, which exists to secure the ongoing editorial independence of the Guardian. Under this unique form of media ownership the Group is able to take a long-term view as it invests in the future and security of the Guardian’s independent, liberal journalism. www.gmgplc.co.uk www.gmgannualreview2009.co.uk 1 GMG Annual Report 2009 Group structure Guardian News & Media GMG Regional Media GMG Radio Turnover £253.6m Turnover £94.5m Turnover £46.6m Publishes the Guardian and Observer Publishes the Manchester Evening News Operates regional radio stations under the newspapers and guardian.co.uk website, and other newspapers across Greater following brands: Real Radio (in North West providing content in print and online, through Manchester, Cheshire, Lancashire, Surrey, and North East England, South and West audio and video, to worldwide audiences. Berkshire and Hampshire. Yorkshire, South Wales and Central Scotland); Operates Guardian Professional, which offers Its two operating businesses are MEN Media Smooth Radio (in North West and North East services in the education, media and public and S&B Media. England, West and East Midlands, Glasgow sectors, and ContentNext Media, the digital and London); and Rock Radio (in Scotland Co-publishes Metro (Greater Manchester) and Manchester). media publishing and events company. with Associated Newspapers. Owns a share in MXR (24.3%), which holds Publishes manchestereveningnews.co.uk and regional digital multiplex licences. websites relating to the other newspapers. Operates Channel M, a television station for Greater Manchester. GMG Property Trader Media Group Emap Services Joint venture (50.1%) Joint venture (29.5%) Turnover £10.7m Turnover £148.3m (GMG share) Turnover £84.2m (GMG share) Provides services to the UK property sector. Publishes a range of leading classified Operates a broad portfolio of business- The portfolio includes market-leading software advertising titles and websites. The to-business media brands: magazines; companies (Vebra, Core Systems and CFP flagship brand is the Auto Trader website information and data products; and Software) and consumer/business-to-business and magazine. exhibitions and events. property portal thinkproperty.com. Other print titles include Top Marques, Bike Key brands include WGSN, Spring Fair, Cannes The division also operates a web Trader, Truck and Plant Trader, Motorhome Lions, CAP, MEED, Health Service Journal, design service. and Caravan Trader and Farmers Trader. Nursing Times, Retail Week and Broadcast. Jointly owned with Apax Partners and Jointly owned with Apax Partners and accounted for as a joint venture. accounted for as a joint venture. Other interests Seven Publishing (41.9%) Turnover £13.3m (GMG share) Publishes customer and consumer magazines (Sainsbury’s, delicious. and other titles). 2 GMG Annual Report 2009 Financial highlights 2009 in context During 2007, the Board decided to reduce the Group’s dependence on classified advertising revenues. Following this decision, the Group sold 49.9% of Trader Media Group in June 2007. The proceeds of this disposal were reinvested in long-term assets (joint venture company Emap and an investment fund) from which the Group will not take an immediate return. The result of this rebalancing and diversification of the portfolio is that the Group has significantly reduced its exposure to risk. As anticipated, a further result of this restructuring has been a fall in operating profit (also driven by the recession, which has led to a decline in revenue). In effect, the Group has exchanged short-term profit for long-term security. The strategy is explained in the statement from the chair. An analysis of the results is included in the financial review. Turnover (£m) EBITA (before exceptional items) (£m)1 (Including share of Trader Media Group and Emap) 2005 705.0 2005 130.1 2006 700.3 2006 118.6 2007 716.1 2007 114.3 2008 502.1 625.7 2 2008 52.8 2009 405.4 637.92 2009 21.4 Net assets (£m) Profit/(loss) before taxation (£m) 2005 424.9 2005 53.7 2006 467.3 2006 66.4 2007 533.3 2007 97.7 2008 836.3 2008 306.4 3 2009 753.9 2009 (89.8)4 Cash and cash equivalents (£m) Debt (net of issue costs) (£m) 2005 67.3 2005 412.2 2006 75.4 2006 394.4 2007 35.3 2007 151.7 2008 577.5 5 2008 65.9 2009 83.2 2009 79.6 1 EBITA is defined as operating profit before exceptional items and amortisation of intangible assets. 2 The dotted lines in 2008 depict Group turnover including share of joint venture company Trader Media Group. In 2009, the dotted lines depict Group turnover including share of joint venture companies Trader Media Group and Emap. 3 Includes an exceptional gain of £335.2 million broadly in respect of the profit on disposal of 49.9% of Trader Media Group in June 2007. 4 Includes £24.4 million of fair value losses on forward exchange contracts, £27.2 million of joint venture fair value losses on interest rate swaps and debt, and £26.4 million of subsidiary and associate company impairment of goodwill and intangibles. 5 Group cash balance at 30 March 2008. In early April 2008, deferred consideration in respect of the Emap transaction of £209.0 million was paid. Also during 2008/09 a gross investment of £212.6 million was transferred to a long-term investment fund. 3 GMG Annual Report 2009 Statement from the chair Amelia Fawcett CBE, chair 4 GMG Annual Report 2009 Statement from the chair Guardian Media Group has a number a statutory loss after taxation of £74.0 Consequently, the focus of these of advantages over its peers in the million (2008 profit £307.2 million) on investments for GMG is more on capital creative industries. turnover from continuing operations of growth than cash generation. Our return £405.4 million (2008 £502.1 million). from these businesses will be taken on exit. The Company’s ownership by the Scott Trust, its unique ethos and purpose, and While declining revenues were a factor in In other words, taken by itself, the Group’s the recent diversification of its portfolio this performance, the reported loss is also reported loss gives only a partial view of offer some protection from the current due to the restructuring of the portfolio over our financial position and health. This is economic storm. the last two years – specifically the partial explained in detail in the financial review sale of TMG and, for the first time this year, on page 36. Our goal is constant. We are here to inclusion of the long-term investment fund fulfil the purpose of the Scott Trust: Our long-term investment fund, created and Emap joint venture. This restructuring guaranteeing the financial security and during 2008/09, was affected by the global followed a Board decision to rebalance and editorial independence of the Guardian economic crisis, but continues to fulfil its de-risk the portfolio by divesting 49.9% of in perpetuity. We continue to have purpose of spreading risk internationally TMG and reinvesting the proceeds in long- confidence in our ability to do that. and across a wide range of sectors and term assets. Thus, Scott Trust ownership, asset classes. It remains a very important We can point to many other positives: the lack of institutional shareholders and part of our strategy to safeguard the future we have net cash rather than net debt; a far-sighted approach to investment have of the Guardian. we have a number of sound long-term allowed the Group to place long-term investments; our businesses continue to be security before short-term profit. Despite the relative strength of our long- bold and innovative; our people are among term financial position, we are part of the very best in the industry; and the an industry facing fundamental threats Guardian’s superb journalism is reaching “ The Guardian’s to many existing business models. an expanding global audience through the To a greater or lesser degree all of our growth of its website. superb journalism businesses are engaged in the process of restructuring and redesigning themselves Nonetheless, 2008/09 was an extremely in light of massive changes in the use difficult year for most parts of the media is reaching an of technology and in consumer and industry, including areas of our own advertiser behaviour – the negative effects business. Our Group is not immune to expanding global of which on media companies have been the combined effects of recession and compounded by the recession.
Recommended publications
  • Guardian News & Media

    Guardian News & Media

    Response to Ofcom consultations on the BBC’s commercial activities and assessing the impact of the BBC’s public service activities About Guardian News & Media Guardian Media Group (GMG), a leading commercial media organisation, is the owner of Guardian News & Media (GNM) which publishes theguardian.com and the Guardian and Observer newspapers. Wholly owned by The Scott Trust Ltd, which exists to secure the financial and editorial independence of the Guardian in perpetuity, GMG is one of the few British-owned newspaper companies and is one of Britain's most successful global digital businesses, with operations in the USA and Australia and a rapidly growing audience around the world. As well as being a leading national quality newspapers, the Guardian and The Observer have championed a highly distinctive, open approach to publishing on the web and have sought global audience growth as a priority. A key consequence of this approach has been a huge growth in global readership, as theguardian.com has grown to become one of the world’s leading quality English language newspaper website in the world, with over 156 million monthly unique browsers. From its roots as a regional news brand, the Guardian now flies the flag for Britain and its media industry on the global stage. Introduction GMG is a strong supporter of the BBC, its core values of public service and its contribution to British public life. GMG supports the fundamentals of the BBC in its current form and a universal service funded through a universal levy, at least for the period covered by the next BBC Charter.
  • FAA Order 8020.11 C

    FAA Order 8020.11 C

    U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIAl-ION ADMINISTRATION National Policy Effective Date: 02/02/2010 SUBJ: Aircraft Accident and Incident Notification, Investigation, and Reporting This order prescribes Federal Aviation Administration (FAA) procedures and responsibilities for aircraft accident and incident notification, investigation, and reporting. It provides direction and guidance to aviation safety inspectors when they are called upon to perform accident investigation. It also explains the responsibilities of the FAA and the National Transportation Safety Board when conducting investigations. The order is also used as a training guide for teaching accident investigation courses at the National Aircraft Accident Investigation School, Transportation Safety Institute, Oklahoma City, Oklahoma. All concerned personnel must familiarize themselves with the provisions of this order that pertain to their operational responsibilities and exercise their best judgment if they encounter situations not covered by the order. /J. *dolph Babbitt Distribution: Electronic Only Initiated By: AAI-100 02/02/2010 8020.11C Table of Contents Chapter 1. General Information Pages 1. Purpose of This Order 1-1 2. Audience 1-1 3. Where Can I Find This Order 1-1 4. What This Order Cancels 1-1 5. Explanation of Changes 1-1 6. Definitions 1-1 7. Forms and Reports 1-7 8. Authority To Change This Order 1-7 9. FAA Responsibilities in Aircraft Accident Investigations 1-7 10. Responsibilities of Regional Divisions and Aircraft Certification Directorates in Aircraft Accident Investigations 1-9 11. FAA and NTSB Accident and Incident Investigation Agreements 1-9 12. Post-Accident or Incident Drug Testing 1-10 13. FAA Investigator-In-Charge (IIC) 1-10 14.
  • EMBARGOED 00.01 2 February 2012 REGIONAL

    EMBARGOED 00.01 2 February 2012 REGIONAL

    PRESS RELEASE – EMBARGOED 00.01 2 February 2012 Year-on-Year growth for Smooth Radio UK and Real Radio brand Almost 5.6 million adults tune into a GMG Radio station each week – an extra 376,000 (YonY) Smooth Radio’s digital audience approaches 1 million adults each week GMG Radio’s Smooth Radio and Real Radio brands have recorded impressive year-on- year growth, according to the latest audience research out today (Thursday). 5.6 million adults now tune into one of the group’s stations each week - 376,000 more than a year ago. Smooth Radio UK’s weekly reach now stands at over 3.3 million adult listeners a week, up 231,000 on the same time last year. The audience also likes what they hear, with total hours listened to the station now standing at 25.75 million - almost two million (1.88m) more than a year ago – making it the UK’s second most listened to national commercial radio station. Simon Bates at Breakfast is celebrating his first year on Smooth Radio and has grown the breakfast audience by 69,000 to almost 1.4 million a week (YoY). For the group’s Real Radio brand the audience growth trend is also upwards. The stations, which broadcast on FM in Wales, Scotland, the North East and North West of England and Yorkshire and digitally across the UK, have added a total of 164,000 new adult listeners in the last year to give them a new weekly reach of just over 2.5 million adults.
  • GMG Radio Response to the Ofcom Consultation on Review of Procedures for Handling Broadcasting Complaints, Investigations and Sanctions

    GMG Radio Response to the Ofcom Consultation on Review of Procedures for Handling Broadcasting Complaints, Investigations and Sanctions

    GMG Radio response to the Ofcom consultation on review of procedures for handling broadcasting complaints, investigations and sanctions Introduction GMG Radio plc is part of The Guardian Media Group and operates fourteen analogue licences within the UK under the separate Real, Smooth and Rock Radio brands. The company was an inaugural partner and is currently a 35% shareholder in the MXR regional multiplex consortium as well as being a long-term service provider on each of its platforms. GMG Radio is also a founding partner and stakeholder in Digital Radio UK, the body charged with helping prepare the UK for digital switchover. GMG Radio considers regulatory compliance to be a hugely important and crucial element to our overall business operation and welcomes proposals which are genuinely designed to assist in improving standards and enhance understanding of regulatory procedures. We note this consultation seeks stakeholder views on proposed changes to procedures as opposed to responses to specific questions. Current understanding Ofcom has no wish to dilute the current process by which it can diligently follow when investigating breaches of broadcast licences, investigating complaints including those on fairness and privacy issues and the consideration of statutory sanctions for proven breaches. As such this consultation is specifically placed within the public arena in order to enlist stakeholder opinions on planned changes which are ultimately designed to ensure an ongoing commitment to the principles of continued fairness to those directly involved and at the same time introduce new procedures which are clearer, simpler and can be implemented as effectively and efficiently as possible. The consultation documents sets out proposals for new procedures covering the handling of broadcasting complaints, investigations and sanctions and it invites written views and comments on each of them prior to the publishing of a finalized version.
  • Annual Report and Accounts 2010 Annual Report and Accounts 2010 Accounts and Report Annual Annual Report and Accounts 2010 Welcome Aboard!

    Annual Report and Accounts 2010 Annual Report and Accounts 2010 Accounts and Report Annual Annual Report and Accounts 2010 Welcome Aboard!

    Annual report and accounts 2010 Annual report and accounts 2010 Annual report and accounts 2010 Welcome aboard! Navigating your way around this report... 01 Overview 54 Accounts 2010 Business highlights 01 Independent auditors’ report to the members easyJet at a glance 02 of easyJet plc 54 15 years of continued success 04 Consolidated income statement 55 Chairman’s statement 06 Consolidated statement of comprehensive income 56 Consolidated statement of financial position 57 Consolidated statement of changes in equity 58 Consolidated statement of cash flows 59 Notes to the accounts 60 Company statement of financial position 90 Company statement of changes in equity 91 Company statement of cash flows 92 Notes to the Company accounts 93 08 Business review 95 Other information Chief Executive’s statement 08 Five year summary 95 Strategy and KPIs 14 Glossary 96 Financial review 16 Corporate responsibility 28 34 Governance Directors’ report easyJet plc is incorporated as a public limited company and is registered in Directors’ profiles 34 England with the registered number 3959649. easyJet plc’s registered office Corporate governance 36 is Hangar 89, London Luton Airport, Bedfordshire LU2 9PF. The Directors Shareholder information 40 present the Annual report and accounts for the year ended 30 September Report on Directors’ remuneration 41 2010. References to ‘easyJet’, the ‘Group’, the ‘Company’, ‘we’, or ‘our’ are to Statement of Directors’ responsibilities 53 easyJet plc or to easyJet plc and its subsidiary companies where appropriate. Pages 01 to 53, inclusive, of this Annual report comprise the Directors’ report that has been drawn up and presented in accordance with English company law and the liabilities of the Directors in connection with that report shall be subject to the limitations and restrictions provided by such law.
  • 3 Radio and Audio Content 3 3.1 Recent Developments in Scotland

    3 Radio and Audio Content 3 3.1 Recent Developments in Scotland

    3 Radio and audio content 3 3.1 Recent developments in Scotland Real Radio Scotland has been rebranded as Heart In February 2014 Capital Scotland was sold to the Irish media holding company, Communicorp. It was sold as part of eight stations divested by Global Radio to satisfy the UK regulatory authorities following the acquisition, two years ago, of GMG Radio from Guardian Media Group. Under a brand licensing agreement, Communicorp has rebranded the 'Real' stations under the 'Heart' franchise and plans to relaunch the 'Smooth' stations following the reintroduction of local programming. Therefore, Real Radio Scotland was rebranded as Heart Scotland in May 2014. XFM Scotland was re-launched by its owners, Global Radio, in March 2014. 3.2 Radio station availability Five new community radio stations are available to listeners in Scotland Scotland’s community radio industry has continued to grow. There are now 23 community stations on air, out of the 31 licences that have been awarded in Scotland. New to air in 2013/14 were East Coast FM, Irvine Beat FM, Crystal Radio, and K107 FM. Irvine Beat FM has received funding from the Lottery Awards for All fund to build a training studio. Nevis Radio, which serves Fort William and the surrounding areas, was originally licensed as a commercial radio service, but having chosen to become a community radio service it was awarded this licence instead, on application. The remaining eight of the most recent round of licence awards are preparing to launch. A licensee has two years from the date of the licence award in which to launch a service.
  • Commercial Realities Will Look Like in a Few Years Time

    Commercial Realities Will Look Like in a Few Years Time

    Responsible advertising Advertising policy The Guardian, Observer and Guardian Unlimited raise a substantial proportion of their income from advertising. Percentage of readers who Every effort is made to ensure the adverts we carry adhere to the rulings of the think we have a responsibility to refuse to carry the following types Advertising Standards Authority (ASA). Any advert that has had a complaint of advertising? upheld by the ASA will not run in our newspapers. COMMERCIAL Music with offensive lyrics 54% Before the advertising department takes any advert, it always checks (eg. homophobic or 44 the copy to ensure it doesn’t jar with our values — that it is legal, decent and racist material) 43 truthful. If it feels the copy is unsuitable, it asks for it to be amended. 39 That we received complaints about only 32 adverts, out of a total of more Gambling 36 than 15,000, shows that our system is working effectively. No single advert REALITIES 36 received more than 10 complaints. Readers usually focus their attention on adverts that offend a strongly 36 held but often not a widely shared belief. A recent example was an advert Religious 35 Priorities: to increase profitability by the following: 40 we carried for formula milk, which received two complaints. This subject is fraught with controversy and is also tightly regulated, and in this instance the 42 ad conformed to all the guidelines. In a case like this, we write to the reader 1) Continue to publish innovative and distinctive Advertising using sexual imagery 34 concerned and explain why we made the decision to carry the ad, and also why 34 we disagree with them, while respecting their right to a differing opinion.
  • Ofcom: the Effectiveness of Converged Regulation

    Ofcom: the Effectiveness of Converged Regulation

    House of Commons Committee of Public Accounts Ofcom: the effectiveness of converged regulation Twentieth Report of Session 2010-11 Report, together with formal minutes, oral and written evidence Ordered by the House of Commons to be printed 1 February 2011 HC 688 Published on 10 February 2011 by authority of the House of Commons London: The Stationery Office Limited £13.50 The Committee of Public Accounts The Committee of Public Accounts is appointed by the House of Commons to examine “the accounts showing the appropriation of the sums granted by Parliament to meet the public expenditure, and of such other accounts laid before Parliament as the committee may think fit” (Standing Order No 148). Current membership Rt Hon Margaret Hodge (Labour, Barking) (Chair) Mr Richard Bacon (Conservative, South Norfolk) Mr Stephen Barclay (Conservative, North East Cambridgeshire) Dr Stella Creasy (Labour/Cooperative, Walthamstow) Jackie Doyle-Price (Conservative, Thurrock) Justine Greening (Conservative, Putney) Matthew Hancock (Conservative, West Suffolk) Chris Heaton-Harris (Conservative, Daventry) Joseph Johnson (Conservative, Orpington) Rt Hon Mrs Anne McGuire (Labour, Stirling) Mr Austin Mitchell (Labour, Great Grimsby) Nick Smith (Labour, Blaenau Gwent) Ian Swales (Liberal Democrats, Redcar) James Wharton (Conservative, Stockton South) The following member was also a member of the committee during the parliament: Eric Joyce (Labour, Falkirk) Powers Powers of the Committee of Public Accounts are set out in House of Commons Standing Orders, principally in SO No 148. These are available on the Internet via www.parliament.uk. Publication The Reports and evidence of the Committee are published by The Stationery Office by Order of the House.
  • Community Credit in Here Children’S Drawings on Display at the Big Draw Event at the Newsroom

    Community Credit in Here Children’S Drawings on Display at the Big Draw Event at the Newsroom

    Community credit in here Children’s drawings on display at the Big Draw event at the Newsroom. Photograph: David Levene 40 Living our values It is not only in our editorial coverage that we have an influence over people’s lives. As a company with around 1,500 employees and an ability to tap into a wealth of resources, we are also having a direct impact on the communities we serve. This includes support for schools and journalism projects across the world, as well as HIV projects in Africa The common good The Scott Trust Foundation The range of community activities has become Guardian’s training scheme for young journal- and the War on Terror. One-off workshops also so numerous that we have spent the last year ists in South Africa, the Foundation has run in conjunction with the Newsroom’s rolling putting a more strategic focus on what we do. developed partnerships in some new countries. programme of exhibitions. This has resulted in the creation of the Scott For example, it went to Ukraine to run a sem- The adjoining archive preserves the heritage Trust Foundation, an umbrella organisation for inar on the art of reporting the EU, and invited of our papers and enables others to share our all the activities taking place under the direc- a group of dynamic young Albanians to London history. Researchers can access material rang- tion of our owner, the Scott Trust. to find out about the mechanics of setting up ing from correspondence and photographs to The Scott Trust Foundation’s central remit re- their own newspaper.
  • Register of Journalists' Interests

    Register of Journalists' Interests

    REGISTER OF JOURNALISTS’ INTERESTS (As at 14 June 2019) INTRODUCTION Purpose and Form of the Register Pursuant to a Resolution made by the House of Commons on 17 December 1985, holders of photo- identity passes as lobby journalists accredited to the Parliamentary Press Gallery or for parliamentary broadcasting are required to register: ‘Any occupation or employment for which you receive over £795 from the same source in the course of a calendar year, if that occupation or employment is in any way advantaged by the privileged access to Parliament afforded by your pass.’ Administration and Inspection of the Register The Register is compiled and maintained by the Office of the Parliamentary Commissioner for Standards. Anyone whose details are entered on the Register is required to notify that office of any change in their registrable interests within 28 days of such a change arising. An updated edition of the Register is published approximately every 6 weeks when the House is sitting. Changes to the rules governing the Register are determined by the Committee on Standards in the House of Commons, although where such changes are substantial they are put by the Committee to the House for approval before being implemented. Complaints Complaints, whether from Members, the public or anyone else alleging that a journalist is in breach of the rules governing the Register, should in the first instance be sent to the Registrar of Members’ Financial Interests in the Office of the Parliamentary Commissioner for Standards. Where possible the Registrar will seek to resolve the complaint informally. In more serious cases the Parliamentary Commissioner for Standards may undertake a formal investigation and either rectify the matter or refer it to the Committee on Standards.
  • The Female FTSE Board Report 2014 Crossing the Finish Line

    The Female FTSE Board Report 2014 Crossing the Finish Line

    The Female FTSE Board Report 2014 Crossing the Finish Line Professor Susan Vinnicombe OBE, Dr Elena Doldor, Caroline Turner CRANFIELD INTERNATIONAL CENTRE FOR WOMEN LEADERS The Female FTSE Board Report 2014 Supporting Sponsors: Foreword FEMALE FTSE BOARD REPORT 2014 It has been exactly 3 years since Lord Davies challenged the UK’s top performing companies to recognise the benefits of gender equality in the boardroom and to take action to increase the number of women on British boards. Since then we have been encouraged to see chairmen and their businesses take ownership of this agenda. The figures speak for themselves. FTSE 100 companies have increased the number of women on their board from 12.5% in 2011 to 20.7% today, with the FTSE 250 similarly improving from 7.8% to 15.6%. We have also seen considerable efforts and a significant change of mindset from other key players such as investors, executive search firms and business leaders – all working together to bring about real change. We are also pleased to see that within the FTSE 100, 98% of boards now include women. Glencore Xstrata and Antofagasta – are now the outliers. This is a considerable turnaround from where 1 in 5 boards were all male in 2011. The FTSE 250 also continues in the same vein with around 50 all male boards today, down by well over half on 3 years ago. In addition, this report highlights the many strong women candidates capable of filling board positions. Cranfield have identified 100 of their top Women to Watch, which is included here.
  • For More Information on Dehavilland and How We Can Help with Political Monitoring, Custom Research and Consultancy, Contact

    For More Information on Dehavilland and How We Can Help with Political Monitoring, Custom Research and Consultancy, Contact

    For more information on DeHavilland and how we can help with political monitoring, custom research and consultancy, contact: +44 (0)20 3033 3870 [email protected] www.dehavilland.co.uk INTRODUCTION ........................................................................................................................................ 3 KEY TAKEAWAYS & ANALYSIS ......................................................................................................... 6 BUSINESS & EMPLOYMENT .............................................................................................................. 10 CULTURE, MEDIA & TELECOMS ..................................................................................................... 14 EDUCATION & SKILLS ......................................................................................................................... 18 ENERGY & ENVIRONMENT .............................................................................................................. 21 FINANCIAL SERVICES, INSURANCE & PENSIONS ............................................................... 25 HEALTH, SOCIAL CARE & LIFE SCIENCES ................................................................................ 28 TRANSPORT & INFRASTRUCTURE ............................................................................................... 30 HOUSING .................................................................................................................................................... 34 PUBLICATIONS, DOCUMENTS &