To add to the Prime Minister’s woes over Brexit, more and more pressure is being put on Boris Johnson to reverse his antipathy to the sugar tax. Latest to join in were the outgoing Chief Medical Officer, Prof Dame Sally Davies, whose report published today calls for the extension of the current tax on sugary drinks in her final report, and NHS England head, Simon Stevens, who said that the sugar tax had shown positive results.
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Business Insider reports that Hindenburg Research has released a report on SmileDirectClub detailing the company’s issues and reasons the firm decided to short the stock. The report details financial, regulatory, and competitive reasons why Hindenburg sees their stock falling 85% below current levels. In September, they posted the worst first-day performance since 2007 for a US initial public offering over $1 billion, according to Bloomberg data.
Read more: Research firm releases highly critical report on SmileDirectClub
The NASDAL goodwill survey for the quarter ending July 31, 2019 has witnessed both a sizeable increase in the average goodwill values of those practices sold and an even more substantial rise in practice valuations. Almost all of the growth is in the average goodwill values of NHS practices as they continue their recovery after a difficult year or so.
Read more: NASDAL goodwill results show rising NHS practice values
Peter Ward, British Dental Association Chief Executive of 14 years has announced his retirement from March 31, 2020. He said: “Serving as Chief Executive of my own profession’s representative association has been the greatest honour of my working life.” Martin Woodrow will continue as Acting Chief Executive until a permanent appointment is made.
Dentists around the UK have celebrated a drop of nearly a quarter in the General Dental Council’s (GDC’s) Annual Retention Fee (ARF) for dentists, following its recent consultation on its three-year strategic plan.
The new rate of £680 is broadly in line with where the ARF would have been had it only increased in line with inflation since 2014, when fee levels leapt from £576 to £890.
The new Royal National ENT and Eastman Dental Hospitals has opened. All Eastman Dental Hospital services are now based at the new facility and the hospital site on Gray’s Inn Road is closed to patients. The £100 million hospital is one of the biggest specialist centres in Europe for dental, ear, nose, throat, hearing and balance services.
Read more: Eastman Dental Hospital moves to new £100 million building