Business Headlines
Site: Google News U.K. - BusinessRetail sales hold up better than expected - guardian.co.uk
 AFP | Retail sales hold up better than expected guardian.co.uk - Retail sales in the UK defied expectations last month, falling by far less than expected despite growing signs that high street stores are struggling to persuade shoppers to part with their cash. Retail sales fall far less than expected UK October Retail Sales Decline for a Second Month (Update2) |
Rolls-Royce, AstraZeneca and Bae join list of job-cutting giants - guardian.co.uk
 ITV.com | Rolls-Royce, AstraZeneca and Bae join list of job-cutting giants guardian.co.uk - Airbus A380: delays are blamed for some of Rolls-Royce's cuts. Photograph: Andrew Parsons/PA Thousands more jobs were axed today by some of Britain's leading companies, including Rolls-Royce, AstraZeneca and Bae Systems. Rolls-Royce to slash jobs UK companies' job cuts reach 24000 in a week |
AstraZeneca to cut 1400 jobs - Telegraph.co.uk
 MSN Money UK | AstraZeneca to cut 1400 jobs Telegraph.co.uk - AstraZeneca, the UK's second largest pharmaceutical company, is to cut 1400 global jobs in an effort to improve efficiency. By Graham Ruddick The company's site in Macclesfield will see 250 job losses by 2010, while facilities in Spain, ... AstraZeneca axes jobs and plants AstraZeneca Cuts 1400 Jobs While Fending Off Pulmicort Copies |
Public finances fall into red by £1.8 billion - Times Online
 Daily Mail | Public finances fall into red by £1.8 billion Times Online - Alistair Darling's problems over the rapidly worsening state of the Government's finances mounted today ahead of Monday's critical Pre-Budget Report. UK October budget deficit widens Budget deficit widens in October |
Mortgage lending rises 7 percent in Oct - Reuters UK
 stv.tv | Mortgage lending rises 7 percent in Oct Reuters UK - LONDON (Reuters) - Mortgage lending rose for the first time since July in October, up 7 percent from the month before, but is still 44 percent lower than the same time last year, the Council of Mortgage Lenders said on Thursday. Mortgage lending falls 44 per cent in a year, figures show Mortgage market still weak despite 7% rise |
Britain faces 1-2 year recession despite rate cuts - guardian.co.uk
 Telegraph.co.uk | Britain faces 1-2 year recession despite rate cuts guardian.co.uk - By Jonathan Cable LONDON, Nov 20 (Reuters) - Britain's recession is likely to last more than a year as growth falls off a cliff despite the Bank of England continuing to hack away at interest rates as inflation comes down, according to a Reuters poll. Bank's Dale says could cut rates again Minutes of MPC meeting boost hope of further rate cut |
STOCKS NEWS EUROPE-RBS jumps 8.3 pct ahead of rescue plan vote - Reuters UK
 BBC News | STOCKS NEWS EUROPE-RBS jumps 8.3 pct ahead of rescue plan vote Reuters UK - Shares in Royal Bank of Scotland (RBS.L: Quote, Profile, Research) jump 8.3 percent on positive sentiment ahead of a shareholder vote to approve a plan to raise capital from the UK government. RBS chief to say sorry at fundraising vote-paper Crunch Vote On RBS Bail-Out |
Iceland gets $5.1 billion loan - CityWire.co.uk
 Hürriyet | Iceland gets $5.1 billion loan CityWire.co.uk - By Nicholas Paler | 10:58:16 | 20 November 2008 Iceland has secured a $5.1 billion loan to help the country stabilise its economy in the wake of the credit crisis. IMF approves $2.1bn Iceland loan FACTBOX-Global lenders IMF give aid in financial crisis |
HBOS takeover 'is a done deal' after vote - Scotsman
 Sky News | HBOS takeover 'is a done deal' after vote Scotsman - By MICHAEL BLACKLEY THE takeover of HBOS by Lloyds TSB is looking like a "done deal", according to analysts. Speculation has been mounting in recent weeks about whether shareholders of both banks would back a deal that would almost inevitably lead to a ... Lloyds TSB shareholders vote to take over HBOS Lloyds TSB shareholders approve HBOS takeover |
DMGT cuts 400 jobs amid 9% profit fall - Times Online
DMGT cuts 400 jobs amid 9% profit fall Times Online - Daily Mail and General Trust (DMGT) has axed 400 jobs across its publishing business amid a 9 per cent fall in profits as advertising revenues continue to tumble. DMGT slips by 9% as property ads sag Northcliffe Media set for major cuts as revenues tumble |
Halfords confident on profit despite slowdown - Reuters UK
 Javno.hr | Halfords confident on profit despite slowdown Reuters UK - LONDON (Reuters) - Halfords (HFD.L: Quote, Profile, Research), the car maintenance and cycles retailer, on Thursday posted a 3.2 percent increase in first-half profit and forecast full-year profit in line with expectations despite a slowdown in ... Halfords sees acceleration of profits Halfords upbeat despite dip in sales as profits and divi rise |
Liberata sacked over grant delays - Times Online
 Press Association | Liberata sacked over grant delays Times Online - The company responsible for failing to deliver hundreds of thousands of grants to England’s poorest sixth formers has been sacked. Liberata job fears after contract blow Chairman apologises over payments |
Network Rail debt tops £20bn - Scotsman
 Javno.hr | Network Rail debt tops £20bn Scotsman - NETWORK RAIL'S debt has topped £20 billion in the first half of this year, the company said today. The not-for-dividend firm said its net debt for April to September 2008 was £20.49bn - up from £19.74bn last year. Network Rail’s profits derailed by industrial buildings tax Network Rail profit down 10%; debt hits £20bn |
Growing numbers avoiding or delaying paying tax - guardian.co.uk
Growing numbers avoiding or delaying paying tax guardian.co.uk - Growing numbers of people and businesses are avoiding or delaying paying taxes as the "credit crunch" bites, the National Audit Office says in a new report. Tax shouldn't have to be taxing for small firms HMRC tax changes to benefit taxpayer |
Recession fears hit stock markets - BBC News
 BBC News | Recession fears hit stock markets BBC News - European and Asian markets have fallen sharply on fears that the world economy will enter a protracted slump. The slide comes after the Dow Jones share index in New York fell to its lowest level in five years. Fears over US economy weaken world markets London and Asia dive on further US contagion |
FTSE seen opening lower - Reuters UK
 AFP | FTSE seen opening lower Reuters UK - LONDON (Reuters) - The leading share index .FTSE is seen opening 82-120 points, or around 2.2 percent lower on Thursday, extending Wednesday's hefty falls in reaction to an overnight plunge on Wall Street. London stock market drops 2.25 percent at start of trading Equities fall on fresh fears for global economy |
FSA moves to silence false market rumours - ifaonline.co.uk
 Javno.hr | FSA moves to silence false market rumours ifaonline.co.uk - By Scott Sinclair The FSA has outlined guidelines for firms in a bid to prevent unfounded market rumours heavily impact stock values. Have you heard the rumour? The FSA really doesn't like it FSA cracks down on rumours |
M&S boss says shoppers "never had it so good" - Telegraph.co.uk
 Sky News | M&S boss says shoppers "never had it so good" Telegraph.co.uk - Sir Stuart Rose, the head of Marks & Spencer, claimed that shoppers had "never had it so good" as retailers slashed prices in the run up to Christmas. M&S plays safe with its 2009 collection Thousands of bargain hunters lured by 20% discount as M&S fights ... |
UPDATE 3-Air France-KLM profit, shares fall sharply - Reuters
 AFP | UPDATE 3-Air France-KLM profit, shares fall sharply Reuters - By Matthias Blamont and Tim Hepher PARIS, Nov 20 (Reuters) - Europe's largest airline Air France-KLM on Thursday braced itself for hard economic times with extra cost savings and withdrew a detailed full-year profit forecast after a 44 percent drop in ... Air France-KLM Q2 core profit falls sharply UPDATE: Air France-KLM Hopes To Receive First A380 By End-09 |
Resolution targets £1bn flotation in December - Money Marketing
 This is Money | Resolution targets £1bn flotation in December Money Marketing - Resolution has revealed it will float on the stock market in December with a target price of between £500m and £1bn. The launch of the consolidation vehicle headed by entrepreneur Clive Cowdery and former FSA chief executive John Tiner will be ... New Resolution will be based in Guernsey Cowdery to press ahead with Resolution listing in December |
