If we hadn't had this breakthrough today, there would have been significant industrial action that would have started directly affecting patient care.
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The big qualifier on that is that a lot of the price action we've seen in equity markets and earnings expectations are due to that energy price move and higher profit expectations among oil gas firms.Alex Scott
The government did the right thing in addressing the doctors' concerns,
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MA activity has been the pattern for some time. Whilst we still have a decent macro background combined with low financing costs there's probably more to come. It's probably supportive of a relatively cheap market.
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At the start of the year, forecasts generally were for a more subdued year than we'd seen in 2004 so 16 percent is a pretty good year.
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But the health crisis is bigger than one group of workers. Problems exist in many professional groups and the Government needs to fix these problems now.
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