Editor's Picks
Recession delays retirement for 1.85m
Wednesday 26 Aug 2009
More than a third of Britons nearing the end of their working lives are putting retirement plans on the back burner as the economic slump destroys pension pots.
Network Rail picks West Coast for high-speed link
Wednesday 26 Aug 2009
Londoners will get to Manchester in just over one hour and Scotland in a little more than two when a new high-speed rail link, outlined by Network Rail today, is built. The state-owned rail infrastructure group said trains on the £34bn 200mph line will run from London to Birmingham, Manchester, Warrington, Liverpool, Preston, then on to Glasgow and Edinburgh
Network Rail picks West Coast for high-speed link
Wednesday 26 Aug 2009
Londoners will get to Manchester in just over one hour and Scotland in a little more than two when a new high-speed rail link, outlined by Network Rail today, is built.
Network Rail to announce high-speed rail line plan
Wednesday 26 Aug 2009
Network Rail is expected to make public today its preferred route for a new high-speed railway line, possibly running as far as Scotland.
Toyota cuts Japan production, UK could follow
Wednesday 26 Aug 2009
Toyota will shut down one of its assembly lines in Japan for a year and reports suggest lines in the UK could also be suspended as part of a global cost cutting drive.
Tullow oil profits plunge
Wednesday 26 Aug 2009
Pre-tax profits plunged at oil group Tullow in the first half of the year from the same period the previous year as the firm felt the pinch of the slide in oil prices between the two periods.
Serco posts strong figures
Wednesday 26 Aug 2009
Outsourcing specialist Serco said its strong performance in the first half and the good start to the second period supports its expectation in achieving its financial guidance for 2009 and beyond.
Tough conditions drag WPP profits down 47%
Wednesday 26 Aug 2009
Advertising giant WPP said half-year results continue to reflect the impact of the global economic contraction, which continued to intensify in the second quarter, though results for July did indicate a 'less-worse' picture. Pre-tax profit for the six months fell 47% to £179.3m, reflecting the impact of higher sterling translation of interest costs on Euro-denominated debt. Reportable revenue were
Venture buckles and accepts Centrica offer
Tuesday 25 Aug 2009
Oil and gas producer Venture Production has finally accepted defeat in its bid to stave off Centrica’s £1.3bn hostile bid.
Comment: Suitors eye struggling Scotsman
Tuesday 25 Aug 2009
When they moved into their plush new offices next to the site where the Scottish parliament would be built 10 years ago, staff at Johnston Press’s The Scotsman must have foreseen exciting times ahead.
Persimmon sees selling prices stabilise
Tuesday 25 Aug 2009
Housebuilder Persimmon reported a drop in first half profits but said selling prices have stabilised in most parts of mainland UK.
GM said to mull abandoning Opel sale
Tuesday 25 Aug 2009
General Motors could shelve plans to sell its European unit and instead raise billions of dollars of rescue funds, according to press reports.
Mortgage approvals highest since February '08
Tuesday 25 Aug 2009
Mortgage approvals rose by more than 7% in July from the month before, hitting their best level in 17 months as the housing market continues to turn. The British Bankers' Assocation (BBA) said 38,181 mortgages were approved last month, up from 35,564 in June and the most since February 2008. This month’s number was up 77% on the same time last year
Bernanke gets second term as Fed chief
Tuesday 25 Aug 2009
Federal Reserve chairman Ben Bernanke is expected to get the backing of President Obama to go for a second four-year term at the central bank.
Bernanke to get second term as Fed chief
Tuesday 25 Aug 2009
Federal Reserve chairman Ben Bernanke is expected to get the backing of President Obama to go for a second four-year term at the central bank.
Mortgage approvals highest since Feb '08
Tuesday 25 Aug 2009
Mortgage approvals rose by more than 7% in July from the month before, hitting their best level in 17 months as the housing market continues to turn. The British Bankers' Assocation (BBA) said 38,181 mortgages were approved last month, up from 35,564 in June and the most since February 2008. This month’s number was up 77% on the same time last year
Bernanke to get second term as Fed chief
Tuesday 25 Aug 2009
Federal Reserve chairman Ben Bernanke is expected to get the backing of President Obama to go for a second four-year term at the central bank. Reports from White House officials indicate the President will break off from his summer holiday at Martha's Vineyard to make an announcement later today. Bernanke is widely credited with preventing global financial meltdown
Persimmon sees selling prices stabilise
Tuesday 25 Aug 2009
Housebuilder Persimmon reported a drop in first half profits but said selling prices have stabilised in most parts of mainland UK.
Bernanke to get second term as Fed chief
Tuesday 25 Aug 2009
Federal Reserve chairman Ben Bernanke is expected to get the backing of President Obama to go for a second four-year term at the central bank. Reports from White House officials indicate the President will break off from his summer holiday at Martha's Vineyard to make an announcement later today. Bernanke is widely credited with preventing global financial meltdown
Persimmon sees selling prices stabilise
Tuesday 25 Aug 2009
Housebuilder Persimmon reported a drop in first half profits but said selling prices have stabilised in most parts of mainland UK.
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