Hi

I am currently a first year PhD student. I enjoy my project but feel age creeping up on me and am eager to join the industry (I have no interest in academia). I am interested to hear opinions of employers views on the difference between a PhD & MPhil. The industry I am interested in is related, but not specifically, to my current research.
Cheers

Go for the PhD - more longer term benefits. Quicker promotion, better salary and more opportunities for career development. You will be competing with PhD's in industry, so MPhil will not be very useful.

If all you're getting is itchy feet then stick with the PhD.