- Why electric vehicles are already much greener than combustion engine vehicles International Council on Clean Transportation
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Category: 3. Business
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Why electric vehicles are already much greener than combustion engine vehicles – International Council on Clean Transportation
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American Airlines restores forecast amid economic uncertainty | Travel News
Booking tumbled in the summer months as consumers pulled back on travel expenses
American Airlines has restored its full-year outlook as broader economic uncertainty continues to weigh on domestic consumer demand across the travel industry.
The Fort Worth, Texas-based carrier on Thursday offered a wide range for its full-year forecast on the heels of its earnings report, saying the broader economic uncertainty is hobbling consumer spending. The airline had suspended financial guidance in April.
The airline says it expects an adjusted loss per share of 20 cents a share to a profit of 80 cents a share in 2025. The midpoint of the forecast is 30 cents per share, compared with analysts’ average estimate of 61 cents a share, according to LSEG data.
American, which generates more than two-thirds of its passenger revenue from the US domestic market, said that if domestic travel demand continues to strengthen, it expects to hit the top end of its outlook. But if the economy weakens, it only expects to be at the bottom end of the forecast.
“The domestic network has been under stress because of the uncertainty in the economy and the reluctance of domestic passengers to get in the game,” CEO Robert Isom told analysts on an earnings call.
American said tepid domestic travel demand affected its bookings in July. Isom, however, said the performance is expected to improve sequentially in August and September.
“We expect that July will be the low point,” he said.
The company expects its domestic unit revenue, or revenue generated from each seat, to remain lower year-over-year in the third quarter. Its non-fuel operating costs are estimated to be up as much as 4.5 percent in the September quarter.
American expects an adjusted loss per share in the range of 10 cents to 60 cents in the third quarter, compared with analysts’ estimates of a loss of 7 cents, according to data compiled by LSEG.
The company’s outlook contrasts with upbeat forecasts of rival Delta and United Airlines. Alaska Air Group has also reported improvements in passenger traffic and pricing power.
Most US airlines withdrew their financial forecasts in April as President Donald Trump’s trade war created the biggest uncertainty for the industry since the COVID-19 pandemic. While some have reinstated their expectations, there is lingering uncertainty as to how the economy will fare in an ever-evolving tariff landscape.
Demand in the domestic travel market has remained subdued, with budget travellers approaching their plans with caution, hurting carriers that primarily service the US domestic market and price-sensitive customers.
Even summer, typically the peak money-making season for airlines, is falling short this year, with unsold standard economy seats forcing carriers to cut fares.
It dented the second-quarter earnings of Southwest Airlines, the largest US domestic airline.
At American, the domestic market was the weakest in the second quarter, with its unit revenue declining 6.4 percent from a year ago. The company’s unit revenue in international markets was up, led by a 5 percent annual jump in the transatlantic market.
On Wall Street, the stock is taking a hit and was down 7.2 percent from the market open as of 11:30am in New York (15:30 GMT).
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Thousands unable to make calls as EE and BT networks down
Imran Rahman-JonesTechnology reporter
Getty Images
Thousands of EE and BT customers have reported they are unable to make or receive calls as the mobile phone and landline networks face an outage.
Outages tracker Downdetector, which relies on self-reported user data, showed over 2,500 EE customers experiencing outages at 14:00 BST, with many also reporting issues with other networks.
Some customers reported issues with making 999 calls, but the government said these had “now been restored”.
A spokesperson from BT, which owns EE, apologised and said the firm was “currently addressing an issue impacting our services”.
“We’re working urgently to fix this issue and will provide a further update as soon as possible,” they said.
Vodafone and Three have confirmed to the BBC they do not have network issues.
Other networks have seen spikes in reports of outages on Downdetector – but these are likely to be customers from networks unable to connect to EE or BT phone numbers.
Social media users have been posting about a loss of services of both EE and BT mobile and landline services.
999 calls
BT said customers should use 999 as normal.
However, earlier in the afternoon, Devon and Somerset Fire and Rescue Services posted on social media to say there was “a fault with the mobile phone network, including 999 calls”.
But they posted an update at 15:01 BST on X to say 999 calls had returned to normal.
South Western Ambulance Service then posted on X to confirm there was an issue.
The Department of Science, Innovation and Technology said the outage had “impacted some customers’ ability to make and receive calls between EE and other networks.
“EE and BT digital voice calls to 999 have now been restored.”
A spokesperson added: “Communications providers have statutory obligations to ensure their networks and services are appropriately resilient.”
Customer impact
EE and BT customer service phone lines are currently down.
One customer posted on an EE forum to say they could not access the help line to arrange an “urgent refund,” while another was unable to get through on behalf of their elderly parents, who made an order with EE.
The UK communications regulator Ofcom says it is in contact with BT “to establish the scale and cause of the problem as soon as possible”.
“Mobile networks and landlines are vital to reach essential and emergency services, it’s important for customers to be reconnected as soon as possible – and kept up to date with developments,” said Ernest Doku, Uswitch mobiles expert.
“If your landline stops working, you will be entitled to compensation if it has not been fixed within two days, but make sure to report the issue to your provider as soon as it happens,” he said.
The issue may have also impacted some customers of mobile phone operators which “piggyback” on EE’s network, with 1pMobile saying it was aware of some issues “affecting a small number of customers”.
“We apologise for any inconvenience caused and the EE network engineers are working on the issue currently,” it said.
Lyca Mobile and Spusu have been contacted for comment.
BT Group has more than 30 million customers in the UK and made £20.4bn revenue in the last financial year.
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Stronger regulatory oversight needed for self-testing kits, review concludes – The Pharmaceutical Journal
- Stronger regulatory oversight needed for self-testing kits, review concludes The Pharmaceutical Journal
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Government to pay more for wind-generated energy
Helen CattPolitical correspondent
Reuters
The government has increased the maximum price it will pay to companies for the electricity generated by new wind farms.
It comes as ministers are trying to meet challenging pledges to bring down household bills and create an electricity grid that it is almost entirely free of fossil fuels by 2030.
The Department for Energy Security and Net Zero published the details ahead of the latest auction for government-backed contracts.
The auction opens in August and will be one of the last which can deliver projects in time to meet the government’s target of Clean Power by 2030.
The Conservatives have described the new prices for offshore wind as “eye-watering”.
The government said the prices would not be what is eventually paid, as companies will put in lower bids to win contracts.
A spokesperson for Energy Secretary Ed Miliband said “the auction will reveal the true price, just like it did last year, where the auction cleared at prices significantly lower”.
Each year, companies who want to build renewable energy projects bid for government-backed contracts.
The government agrees to pay them a fixed price for the electricity they produce for a set period, now up to 20 years, and up to a maximum price known as the Administrative Strike Price, or ASP.
Firms put in bids below the ASP to win project contracts and then the government sets a new guaranteed price, known as the clearing price, based on those.
This year, the maximum guaranteed price for offshore wind will be £113 per megawatt-hour, up from £102 in 2024.
Floating offshore wind, which is a newer technology, is more expensive at £271/MWh, up from £245.
Onshore wind has seen a smaller rise from £89/MWh to £92 while the price for solar energy has come down to £75/MWh from £85/MWh.
Conservative Shadow Energy Secretary Claire Coutinho said: “These are eye-watering prices – the highest in a decade and way above the average cost of electricity last year. And this is before the hidden costs of grid, storage and wasted wind which all end up on our energy bills”
She claimed Ed Miliband was putting “Net zero zealotry above the economy or the cost of living”.
The government argues that switching to renewables will protect consumers from volatile gas prices and bring bills down “for good.”
Johnny Gowdy, from not-for-profit group Regen, which advises on transitioning to net zero, said the ASP was about “setting the starting point for the auction; with competitive bids we would expect the actual auction strike price to be much lower”
“There is also a trade-off between volume and price. If the bid prices are high then the government will procure less capacity. If the price is low then the government will be able to buy more capacity.”
He says that the cost of producing offshore wind “probably has risen over the past couple of years” but he adds “we will have to wait and see the auction outcome” to find out how much.
Previous auctions have resulted in a clearing price that was lower than the maximum offered.
There is a risk to setting the maximum price too low.
In 2023, under the Conservatives, no offshore wind developers bid for any projects as they said they weren’t viable at the price offered.
The government has made changes to the system in the hope of attracting more bids to create competition.
For the first time this year, offshore wind projects which don’t have yet have full planning permission will be able to apply for a contract.
The contract lengths have also been extended for wind and solar projects from 15 years to 20 and the Energy Secretary will be able to see developer’s bids before he sets the final overall budget.
A spokesperson for DESNZ said its reforms to the system would “enable a competitive auction that secures the best possible price for consumers while securing the clean energy we need to get us off the fossil fuel rollercoaster.”
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Fitch Rates Arada's Sukuk 'BB-(EXP)'/'RR3' – Fitch Ratings
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US-EU trade deal hopes, Stoxx 600, DAX
European stocks close higher
The Stoxx 600 index provisionally closed 0.24% higher on Thursday, marking a second day of gains as investors remain cautiously optimistic that the European Union will strike a trade agreement with the U.S. before an Aug. 1 deadline.
However, enthusiasm cooled slightly from Wednesday, with the tariff-sensitive autos sector up just 0.13%. EU officials told CNBC that a deal is still not guaranteed, even as expectations mount for the U.S. to impose a 15% baseline tariff rate on imports from the bloc, with some sector exemptions.
The European Central Bank held interest rates on Thursday after a run of cuts took its key deposit facility to 2% from 4%. ECB President Christine Lagarde described policymakers as being in “wait and watch” mode while the economic backdrop remains highly uncertain.
Stoxx 600 index.
European stocks falter after ECB rate hold
Financial markets are still reacting to the European Central Bank holding interest rates steady, a move that was widely anticipated.
The pan-European Stoxx 600 was last seen trading up 0.2%, paring gains seen earlier in Thursday’s session.
Stoxx 600 price
Euro zone government borrowing costs rise
Yields on regional government bonds edged higher after the European Central Bank’s interest rate hold, with the yield on the German 10-year bund — seen as a benchmark for the euro zone — up by almost 9 basis points at 1:43 p.m. in London (8:43 a.m. ET).
Bond yields and prices move in opposite directions.
French, Italian and Spanish 10-year government bonds also saw their yields rise by 8 basis points.
— Chloe Taylor
Euro falls after ECB holds rates steady
EUR/USD cross rate
The euro was down 0.2% against the U.S. dollar after the European Central Bank held interest rates steady on Thursday.
The European currency continued to move lower following the widely anticipated decision from policymakers.
— Chloe Taylor
European Central Bank holds interest rates as tariff turmoil keeps policymakers on edge
The President of the European Central Bank Christine Lagarde at the 2025 European Central Bank Forum on Central Banking on June 30, 2025 in Sintra, Portugal.
Horacio Villalobos | Corbis News | Getty Images
The European Central Bank on Thursday kept interest rates steady amid major economic uncertainty, as the European Union scrambles to negotiate a trade agreement with the U.S. before the end of the month.
The ECB has cut interest rates at each of its four meetings so far this year, taking its key deposit facility from 3% in January to 2% in June. Last year it reduced rates from a record high of 4%.
“The environment remains exceptionally uncertain, especially because of trade disputes,” the ECB said in a statement.
Read more here.
— Jenni Reid
Dassault Systemes shares fall after earnings miss
Shares of French software giant Dassault Systemes fell 9.4% by 12:05 p.m. in London (7:05 a.m. ET), following the publication of the company’s second quarter earnings.
In the three months to June, constant currency revenue rose 5% year-on-year to reach 1.52 billion euros ($1.8 billion) — but analysts had been expecting quarterly revenue to hit 1.55 billion euros in the reporting period, according to LSEG data.
Dassault confirmed its full-year guidance of revenue growth within the range of 6% and 8%.
— Chloe Taylor
Neste tops Stoxx 600
Shares of Finland’s Neste gained 13.7% to top the Stoxx 600 index by 11:34 a.m. in London (6:34 a.m. ET).
That came after the company reported comparable earnings before interest, taxes, depreciation, and amortization (EBITDA) of 341 million euros ($401 million) for the second quarter.
Analysts had been expecting the oil refiner to report quarterly EBITDA of 298 million euros.
— Chloe Taylor
Nokia profit misses expectations, as tariffs and weak dollar weigh on outlook
Finnish telecoms giant Nokia’s second-quarter profit came in below expectations, a day after the company warned it would take a hit of up to $364 million this year from tariffs and a weak U.S. dollar.
The firm’s second-quarter earnings report, published Thursday, showed a 29% year-on-year drop in comparable operating profit, which came in at 301 million euros.
Analysts had been expecting the figure to hit 360 million euros, according to LSEG data.
Nokia share price
“We did have operating headwinds from currency, well of course we hedge … [but] the significance of the currency swing in the quarter was something we felt like we could not recover,” Nokia CEO Justin Hotard told CNBC’s “Squawk Box Europe” on Thursday.
Finland-listed shares of Nokia were 0.5% lower by 9:06 a.m. in London (4:06 a.m. ET), extending the 7.6% loss they notched on Wednesday.
— Chloe Taylor
Deutsche Bank posts better-than-expected quarterly profit despite euro strength
Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K.
Mike Kemp | In Pictures | Getty Images
Deutsche Bank on Thursday beat expectations on the bottom line and said it was on track to meet full-year targets, despite mixed results within its key investment banking unit and euro gains against the U.S. dollar.
Net profit attributable to shareholders reached 1.485 billion euros ($1.748 billion) in the second quarter, versus a 1.2 billion forecast from Reuters. It compares with a loss of 143 million euros in the June quarter of 2024, when earnings were hit by legal provisions linked to Deutsche Bank’s takeover of Postbank.
Across the board, the bank noted an impact from the relative strength of the euro against the U.S. dollar, with Chief Financial Officer James von Moltke describing it to CNBC’s Annette Weisbach as the “big thing that’s kind of flowing through our numbers.”
Read the full story.
— Ruxandra Iordache
Moncler’s second-quarter sales dip on soft tourism flows, flags tariff price rises
Moncler logo is displayed at their store on May 30, 2025 in Washington, DC.
Kevin Carter | Getty Images News | Getty Images
Italian luxury house Moncler posted a dip in second-quarter sales as weak tourist flows weighed on otherwise robust domestic demand in the key U.S. and China markets.
Group revenues fell 1% year-on-year at constant exchange rates to 396.6 million euros ($538.3 million) in the three months to June 30, below the 427.2 million forecast by analysts in an LSEG poll.
The company, known for its ready-to-wear outwear, also flagged an ongoing “difficult global macroeconomic environment” and said that it had moved to slightly raise prices to offset additional tariff costs.
— Karen Gilchrist
Oil giant TotalEnergies posts 23% fall in second-quarter profit on weaker crude prices
Poster and logo on the Coupole Tower, compagny Total’s head office renamed TotalEnergies in 2021 in the La Defense business district west of Paris in Courbevoie, France on 7 June 2024.
Antoine Boureau | Afp | Getty Images
French oil giant TotalEnergies on Thursday reported a significant fall in second-quarter earnings, against a backdrop of lower prices for oil and liquified natural gas.
The energy major posted second-quarter adjusted net income of $3.6 billion, reflecting a 23% drop from the same period a year earlier.
Analysts had expected TotalEnergies’ second-quarter adjusted net income to come in at $3.62 billion, according to an LSEG-compiled consensus.
TotalEnergies also confirmed it would continue to offer share buybacks of up to $2 billion in the third quarter.
— Sam Meredith
BNP Paribas confirms guidance
A BNP Paribas branch
Chesnot | Getty Images News | Getty Images
BNP Paribas has confirmed its outlook after booking a rise in second-quarter group revenue to 12.6 billion euros.
The French lender says it expects revenue to accelerate in the second half of the year, driven by its Commercial and Personal Banking business.
— Brittany Dawe
UK, India to sign trade agreement
RIO DE JANEIRO, BRAZIL – NOVEMBER 18: UK Prime Minister Sir Keir Starmer (L) during a bilateral meeting with Prime Minister of India Narendra Modi as he attends the G20 summit at the Museum of Modern Art on November 18, 2024 in Rio de Janeiro, Brazil. Keir Starmer is attending his first G20 Summit since he was elected Prime Minister of the UK. He is expected to hold talks with President Xi Jinping of China, the first time a UK PM has done so for six years. (Photo by Stefan Rousseau – WPA Pool/Getty Images)
Wpa Pool | Getty Images News | Getty Images
The U.K. is set to sign its trade agreement with India today, as Indian Prime Minister Narendra Modi visits the country.
U.K. officials say the deal will add almost £5 billion ($6.8 billion) to the British economy.
Under the agreement, India’s average charge on U.K. goods will fall from 15% to 3%, while Indian manufacturers will get greater access to the U.K. market.
— Jordan Butt
Nestle’s first-half sales beat expectations as price hikes continue
A KitKat chocolate bar, manufactured by Nestle SA, arranged in London, U.K., on Monday, July 26, 2021.
Bloomberg | Bloomberg | Getty Images
Nestle on Thursday posted better-than-expected first-half organic sales growth as it leaned on price hikes to offset higher input costs for its coffee and cocoa-related products.
Sales growth at the Nescafe and KitKat maker was up 2.9% over the six-month period, led by price rises of 2.7%, slightly ahead of the 2.5% forecast by analysts in a company compiled consensus.
Nestle shares
The world’s largest packaged food company said real internal growth of 0.2% reflected “lower consumer demand and the short-term impact of consumers and customers adjusting to price increases.”
The Swiss company continued to flag “increased macroeconomic risks and uncertainties” ahead, but nevertheless maintained its 2025 guidance for organic sales growth to improve versus 2024 and for an underlying trading operating profit margin of 16% or above.
— Karen Gilchrist
Here are the opening calls
The Millennium Bridge in London, on July 4, 2025.
Jonathan Brady – Pa Images | Pa Images | Getty Images
Good morning from London, and welcome to CNBC’s live blog covering all the action and business news in European financial markets on Thursday.
Futures data from IG suggest a positive open for European indexes as hopes of a U.S.-EU trade deal rise, with London’s FTSE 100 seen opening 0.4% higher, France’s CAC 40 up 1.3%, Germany’s DAX up 1.1%, and Italy’s FTSE MIB 1.24% higher.
European markets rose Wednesday amid hopes that the U.S. and European Union could be closing in on a trade deal. Regional stocks jumped yesterday after the Financial Times reported that the two large trading partners were closing in on a 15% tariff deal.
Optimism that a deal was close rose after President Donald Trump announced that he had completed a “massive Deal” with Japan, and hinted that Europe could be next.
“We have Europe coming in tomorrow, and the next day, we have some other ones coming in,” Trump said late on Tuesday, without specifying details.
— Holly Ellyatt
ECB decision and a raft of earnings ahead
Flags for the European Union members stand during a ceremony to lay a cornerstone for the new European Central Bank (ECB) headquarters in Frankfurt, Germany.
Hannelore Foerster | Bloomberg | Getty Images
It’s a busy day for central banks and corporates on Thursday.
The European Central Bank is widely expected to keep interest rates unchanged as it gauges the trade tariff landscape.
On the earnings front, reports are set to come from BNP, Roche, Nokia, Nestle, Lloyds Banking Group, BT Group, Reckitt Benckiser Group, ITV, Wizz Air, TotalEnergies, Vodafone, Centrica, Michelin, Dassault Systemes, ST Micro, Carrefour, Deutsche Bank, Deutsche Boerse, LVMH and more.
On the data front, flash European purchasing managers’ index data and Germany’s GfK consumer confidence figures are due.
— Holly Ellyatt
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Liverpool’s new public transport ‘not a bus’, mayor says
Claire HamiltonPolitical reporter BBC Merseyside
BBC
The vehicles are being trialled to see they will handle things like roundabouts People have had a first look at the latest additions to a city’s public transport network – amid fierce debate over what to call them.
Trials have started on Liverpool’s roads to see how the new “rapid transit vehicles” will handle things like roundabouts when they start carrying passengers in 2028.
Critics have described the 59ft (18m) vehicles as “bendy buses” and have said they do not compare with Manchester’s Metrolink tram network.
But metro mayor Steve Rotheram insisted the vehicle on show this week was a “trackless tram”, adding: “If you take the tyres off and put it on rails, it’s a tram.”
Rotheram added: “It doesn’t feel like a bus inside because a bus doesn’t have the headroom.
“It’s a very different type of vehicle – it’s got three sets of doors, so people can get on and off quickly and its 30% bigger than a double decker bus.”
In Belfast the vehicles are called gliders. Their official name is rapid transit vehicles.
Inside, they have seating and standing areas, dark mustard-coloured padded seats and a grey floor flecked with gold sparkles.
In other cities with rapid transit networks, passengers buy their tickets before boarding, speeding journeys up.
The 18m long single-decker rapid transit vehicle are set to be in use in Liverpool in 2028 Initial routes will link Liverpool John Lennon airport with the city centre and Everton’s new Hill Dickinson stadium.
In Belfast, gliders use dedicated lanes on the city’s roads, and Rotheram said some infrastructure improvements would be needed to in Liverpool to accommodate the vehicles.
He said roundabouts might need to be taken out to “make it easier for these very long vehicles to get through the narrow confines of some of the roads”.
He added: “We want some dedicated road space – not for the whole route, because that causes difficulties for cars, but we want it to have some space where it can make rapid progress and shorten the time people spend on public transport.”
“If you take the tyres off and put it on rails, it’s a tram,” Rotheram says Plans for a tram system in Liverpool date back decades, but they never came to fruition.
The metro mayor said: “We should have had a tram – there should be trams running here now – but that was abandoned because the Lib Dem council in Liverpool didn’t believe in it.”
The Liberal Democrats did run the city at the time the tram project was initially scrapped, but it was the Labour government which said it wouldn’t fund the increased costs.
Rotheram said a “future benefactor” may decide to give Liverpool “billions” to spend on a tram system and if that happened, the infrastructure for the tram would be boosted by the work going on to accommodate the gliders.
What are people saying?
Critics have claimed the rapid transit system is not ambitious enough, that Liverpool should have trams, and be bolder about prioritising public transport on the roads.
Leader of the Liberal Democrat opposition on Liverpool City Council Carl Cashman said: “The fact we’ve got a bendy bus while Manchester gets more investment in their tram network says everything.
“Labour are prepared to allow Liverpool to play second fiddle to Manchester.
“It’s embarrassing that we’ve got a bendy bus, we need a tram.”
Leader of the Liverpool Community Independents Alan Gibbons said: “Where is the ambition? We should have been planning and building a Merseyrail extension to the airport and a tram system like the one in Manchester.”
But some members of the public who saw the branded vehicle for the first time were more positive.
Kieron, who was on a visit to his home city from Dubai where he now lives, said he was impressed with the vehicles but didn’t know what to call them.
He said: “They are brilliant.
“This is a great feature. I like how clean they are, and I like the bend in the middle. Even getting from South Parkway to the airport, you’ve got to get a taxi – so these will be brilliant.”
Rotheram added: “People haven’t seen what this is, and they’ve heard this thing that it’s just a bendy bus.
“Well go and ask the manufacturers who manufacture buses whether this a bendy bus, they’ll tell you this is completely different.
“Basically, if you take the tyres off and put it on rails, it’s a tram.”
He added: “I’m not bothered if people call it a bendy bus, they can call it what they want.
“What I want people to do is experience it and then they can make their mind up.”
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Imperial College Healthcare NHS Trust Shifts from Maintenance to Innovation with VMware Cloud Foundation
Imperial College Healthcare is a London-based National Health Service (NHS) Trust and one of the largest in the UK. It operates across three major campuses with nearly 50 satellite sites providing acute and specialist healthcare for over one million people annually.
It is also at the forefront of digital innovation within the NHS. The Trust has achieved an advanced rating (level six of seven) for the digital maturity of its clinical services following an assessment by the Healthcare Information and Management Systems Society (HIMSS). This is an internationally recognized standard for electronic medical record transformation and makes Imperial College Healthcare one of a small group of organizations who have reached this standard in England.
A Surge In Demand For Digital Services
This achievement is due to the work of employees like Yusuf Mangera, technical architect, and his team. They have played a key role in demonstrating the value of digital solutions leading to a surge in demand across the Trust.
“We’ve matured as an organization through the successful digitization of our patient records. As a result, there is a huge and growing appetite to digitize more services for our clinicians in the most efficient and optimized manner,” says Mangera.
Addressing Infrastructure Challenges
Despite its leading position in digital innovation, Imperial College Healthcare IT infrastructure had become fragmented, a common issue within the NHS. The large, complex, multi-site IT environment was hindering the rollout of new digital services as operational maintenance consumed the resources of Mangera’s team.
“Over the last decade, IT investment and digital services have become central to healthcare delivery within the Trust. However, we were under constant pressure when it came to the maintenance of our environment. We need to ensure a high level of availability of services for our clinicians so that there is no impact on patient care,” says Mangera.
This need for stability and reliability, combined with the increasing demand for new digital services and the crucial importance of data security, drove the Trust to seek a more modern and robust infrastructure.
“In order to maintain high levels of security for the patients and for the data that we hold within the organization, we needed to modernize our infrastructure to grow our digital services in a secure way,” says Mangera.
Having used VMware solutions for 15 years, VMware Cloud Foundation—the private cloud platform offered by Broadcom—was the logical next step.
“The challenges with public cloud, over the last few years, we’ve seen are spiraling costs in order to consume AI services. Our investment in VMware Cloud Foundation allows us, in the long term, to layer Private AI. And the ambition for the Trust is to ensure that we securely have a Private AI environment in order to innovate with the data that we have,” Mangera says.
Centralized And Automated Management Frees Up Time For Innovation
The Trust is building a private cloud with VMware Cloud Foundation that spans its multiple sites. This enables Mangera’s team to centrally manage the entire IT environment—including compute, storage and networking—significantly simplifying operations and improving visibility.
“VMware solutions have been our bread and butter for 15 years,” says Mangera. “Moving to VMware Cloud Foundation was a natural choice and has allowed us to consolidate and better manage the entire environment through a single pane of glass. This has led to the better availability of our services.”
Despite the relatively new adoption of VMware Cloud Foundation, the solution’s automation capabilities have already removed a burden of manual work for Mangera’s team. “The automation of routine maintenance tasks represents a significant shift for our team. We can now dedicate our time to strategic initiatives and innovation that will directly benefit the Trust,” Mangera says.
Delivering Efficient And Effective Patient Care
Perhaps most importantly, because of the simplified management and automation, service availability has improved and because clinicians have uninterrupted access to systems, they can deliver more efficient and effective patient care.
“Our goal is to improve both the patient experience and clinician productivity,” says Mangera. “VMware Cloud Foundation frees us from constant IT maintenance, allowing us to focus on digitizing processes, streamlining workflows and equipping clinicians with the necessary tools to improve patient outcomes.”
To read more stories on how VMware Cloud Foundation is transforming customer experience, visit https://news.broadcom.com/category/customers.
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Press release – H1 2025 Results
In first-half 2025, Valeo continued to improve its profitability, with an operating margin of 4.5% and free cash flow of 252 million euros, in line with its 2025 profitability and cash generation objectives
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