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  • Premium broker tips

    Friday 09 Apr 2010

    Companies covered so far include: Premier Oil, Bowleven, Cairn Energy, Dana International, Gulfsands Petroleum and Soco International, Cobham

  • Factory gate prices soar

    Friday 09 Apr 2010

    Inflationary pressures are building up in the UK economy, judging by the latest Producer Prices data, as manufacturers seek to restore margins in the improved economic environment.The UK producer prices input index rose 3.6% in March, versus expectations of a 1.2% increase. On a year on year basis the index showed a 10.1% rise versus expectations of 7.1%.

  • Michael Page first quarter profit up

    Friday 09 Apr 2010

    Recruitment firm Michael Page said gross first quarter profit is up 2.9% on the same period last year and 8% higher on the last quarter of 2009.

  • Rio Tinto to shift to shorter contracts

    Friday 09 Apr 2010

    Mining giant Rio Tinto said it is in talks with several of its iron ore customers about moving to quarterly pricing of iron ore contracts.

  • Greek bonds hit on debt concerns

    Thursday 08 Apr 2010

    Greek bonds took another pummelling today with the spread between its 10-year bond over the German equivalent rising to its highest level since the euro was introduced in 1999. It has renewed fears about the country’s ability to cut its budget deficit by borrowing funds from the money market. Investors are also concerned the last resort safety help from the EU/IMF might unravel.

  • Petrol prices hit all-time high

    Thursday 08 Apr 2010

    Petrol prices have soared to an all-time high, it was revealed today.

  • Essar Energy in $10bn London listing

    Thursday 08 Apr 2010

    Essar Energy, an offshoot of one of India’s leading companies, is to float in London with a value of about $10bn, which would send it straight into the FTSE 100 index.

  • British Airways and Iberia sign merger agreement

    Thursday 08 Apr 2010

    British Airways and Spanish airline Iberia have signed a merger agreement that will result in the creation of one of the world’s largest airline groups by the end of the year, BA said.

  • Bank keeps rates at 0.5%

    Thursday 08 Apr 2010

    The Bank of England has kept interest rates at record lows and left the quantitative easing programme at £200bn, as expected. The Bank appears to be in ‘wait and see’ mode given mixed signals from economic data recently and ahead of next month’s general election. Revised figures last week showed that Britain’s emergence from recession was more emphatic than previously thought,

  • Marks & Spencer sales beat expectations

    Wednesday 07 Apr 2010

    Marks & Spencer enjoyed a strong start to the year with food and non-food like-for-like sales beating expectations in the first quarter.

  • Marston's recipe for success

    Wednesday 07 Apr 2010

    The name Marston’s may have the ring of an old style English brewer and pub operator, but behind the scenes the company operates a model of clinical efficiency and it is this side of the firm that has pleased investors today.

  • Greenspan: "I was wrong 30% of the time"

    Wednesday 07 Apr 2010

    Former Federal Reserve chairman Alan Greenspan has highlighted the limits of the Federal Reserve’s abilities to influence capital markets in his written testimony to the Financial Crisis Inquiry Commission. The Commission, established last week, is investigating the causes of the recent financial crisis and has called on Greenspan, who was head of the Fed from 1987 to 2006, to provide his insight.

  • Vodafone targets Internet users

    Tuesday 06 Apr 2010

    Mobile phone giant Vodafone is to launch a customised version of Opera, the popular Internet browser, to run on low-cost handsets on 2G networks in a move aimed at developing markets.

  • Northgate boss hands in his keys

    Tuesday 06 Apr 2010

    Steve Smith, chief executive of Northgate, the vehicle hire group, is to step down from the board.

  • Food sales drive Marston's growth

    Tuesday 06 Apr 2010

    Food sales from its managed pubs continued to lead growth at pub group and brewer Marston’s in the half year to April 3.

  • AOL to offload Bebo

    Tuesday 06 Apr 2010

    US internet services giant AOL is to rid itself of Bebo just two years after paying $850m for it, following a mass exodus of users to rival social networking site Facebook. AOL is planning to either sell Bebo or shut it down as it is unwilling to invest in the site to try and make it more competitive. If a sale does go ahead the price is likely to be dwarfed by the original sum AOL paid for it.

  • Electrocomponents to top expectations

    Tuesday 06 Apr 2010

    Electrical parts distributor Electrocomponents has seen sales put on a growth spurt in February and March, which should see full year profits come in ahead of expectations.

  • Cider tax postponed until after election

    Tuesday 06 Apr 2010

    A proposed 10% rise in the duty on a pint of cider has been dropped by the government after fierce opposition from makers and drinkers alike.

  • Election to be called for 6 May

    Tuesday 06 Apr 2010

    Gordon Brown will today ask the Queen to dissolve Parliament and launch the most fiercely contested election campaign for a generation. Polling day is expected to be 6 May. The decision to go to the public will bring to an end the phoney war that has been raging since the start of the year and spark what is expected to be one of the closest elections in years.

  • Last-minute Investment Company ISAs

    Thursday 01 Apr 2010

    With the ISA season well under way, savers who want to make the most of their allowance before the end of the 2009-2010 tax year need to act fast, especially if they want to put their money into an investment company ISA.

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