GORDON BROWN on Tuesday bluntly rejected trade union demands for concessions on workers' rights and pensions, telling them there could be "no return to the old conflicts and disorder of the past", says the Financial Times .
THE IFA network owner Misys faces a revolt next week over a controversial £1.2m retention bonus for two executives, despite offering concessions to leading investors, according to the Guardian .
Kevin Budge, commercial director of 1st Software, says his firm made the first move in a deal to buy back a stake held by Misys.
Assureweb is now wholly-owned by a consortium of five product providers as Misys has sold Sesame's remaining 60% stake in the IFA portal to its existing shareholders.
Industry speculation suggests Assureweb is close to signing a new shareholder deal with a consortium of life insurance companies.
Member productivity has increased at Sesame towards the end of the year, however, revenue at Misys' financial services division is still down 16% on last year because of continuing pressures, according to the firm's annual results.
The Exchange has managed to poach as its newest employees two former Misys employees responsible for developing IFA technology.