Business Headlines
Site: Google News U.K. - BusinessBush bails out US mortgage giants - Independent
 ABC News | Bush bails out US mortgage giants Independent - By Stephen Foley in New York The Bush administration ripped up years of laissez-faire economic policies last night and launched a government takeover of two of the most powerful mortgage companies in the US. Video: Feds Take Over Mortgage Giants Asian Stocks, US Futures Rally on Fannie, Freddie Takeover |
Nationwide poised to merge with Derbyshire and Cheshire - Independent
 Sky News | Nationwide poised to merge with Derbyshire and Cheshire Independent - By Sarah Arnott Nationwide, the UK's largest building society, is expected to announce the completion of two separate mergers, with the Derbyshire and Cheshire Building Societies, today. FSA engineers Cheshire Building Society takeover Nationwide in advanced talks with two rivals |
US banks face losses after giant mortgage bail-out - Independent
US banks face losses after giant mortgage bail-out Independent - By Stephen Foley in New York The Government is underestimating the cost of providing pensions to its employees by as much as £15bn a year, pushing the total cost of public sector pension liabilities ever closer to the £1 trillion mark. Taxpayers face £3.5bn pensions bill Pension costs mistated by £15bn |
Executive pay: Crunch catches up with everyone but the top boss - guardian.co.uk
Executive pay: Crunch catches up with everyone but the top boss guardian.co.uk - High-flying chief executives are thriving in the credit crunch even though the pace of pay rises in the boardrooms of Britain's top 350 companies has slowed in the economic downturn, according to a survey out today by consultants Deloitte. Financial services executives get bigger pay rises Directors' pay rises slow but outpace inflation |
Brown pledges to square up to hard truths - guardian.co.uk
 Times Online | Brown pledges to square up to hard truths guardian.co.uk - A resolute Gordon Brown will today tell the cabinet, meeting outside London for the first time since Lloyd George's prime ministership, that he is determined to provide leadership for Britain by "squaring up to hard truths, taking tough decisions on ... Power firms try to duck £1bn energy saving plan Brown to defy cabinet critics with string of new policies |
Business big shot: Jeremy M. Isaacs - Times Online
 Times Online | Business big shot: Jeremy M. Isaacs Times Online - Jeremy M. Isaacs, one of the City’s most influential bankers, is back in the job market after quitting his post as the head of Lehman Brothers’ operations in Europe and Asia. Lehman announces senior management changes Wider Lehman shake-up as top executive resigns |
M&S faces staff monitoring claim - Financial Times
 Times Online | M&S faces staff monitoring claim Financial Times - By Andrew Taylor A Marks and Spencer manager sacked for blowing the whistle on the retailer's plans to cut redundancy pay claimed yesterday that phone calls from his personal mobile might have been monitored by the company. Retail: M&S creates climate of fear, claims worker who blew whistle Marks & Spencer conducts surveillance on staff |
One Scottish pub closes for business every 48 hours - The Herald
One Scottish pub closes for business every 48 hours The Herald - Scottish pubs are closing at a rate of one every two days, according to the UK's largest licensed trade lobbying group. The British Beer and Pub Association, whose Scottish wing represents almost one-third of the 5200 public houses north of the border, ... Huge rise in beer off-sales taking toll on pubs Pubs closing for business at a rate of 36 per week |
CBI survey highlights growth of flexible working - Telegraph.co.uk
CBI survey highlights growth of flexible working Telegraph.co.uk - By Russell Hotten, Industry Editor Big shifts in the employment market are revealed today in a comprehensive new survey showing the rapid growth of flexible working. Rapid rise in flexible working, CBI study shows Flexible working `being accepted` |
A day in the loaf: Behind the scenes at the latest Hovis ad - Independent
A day in the loaf: Behind the scenes at the latest Hovis ad Independent - Hovis has a lot to live up to with its new television ad - its 1973 commercial was voted the nation's favourite. Tim Walker met the people behind the latest advert MAIN IMAGE: The new Hovis ad BEHIND THE SCENES: 1. Soldiers scene, 2. Premier Foods streetwise with Hovis relaunch |
Digital technology: Super-fast broadband will cost at least £5bn - guardian.co.uk
Digital technology: Super-fast broadband will cost at least £5bn guardian.co.uk - Building Britain's next generation of super-fast broadband network, which can download music in seconds and movies in minutes, will cost between £5.1bn and £28.8bn, according to the government's independent advisory group. Superfast internet price put at £29bn |
DMA trading begins to gain ground in Asia - Financial Times
DMA trading begins to gain ground in Asia Financial Times - By Andrew Wood Direct market access, which allows fund managers and other institutions to buy and sell shares using brokers’ computers as if they were traders, looks set for rapid growth in Asia after establishing itself in North America and Europe. The economic concertina Custodians poised to grab global opportunities |
Johnson seeks business advice on 'livability' - Financial Times
Johnson seeks business advice on 'livability' Financial Times - By David Turner Top business leaders will discuss London's "livability" next month, at the first meeting of a committee set up by Boris Johnson that is aimed at "securing the capital's position as a top capital city". M&S boss joins Boris Johnson's London advisory board Top executives to advise Johnson |
Allianz looks to US for growth - Financial Times
Allianz looks to US for growth Financial Times - By James Wilson in Frankfurt Allianz is looking to the "undervalued" US market as a potential growth source for shareholders following the German insurer's decision to sell Dresdner Bank, according to its chief executive, Michael Diekmann. German merger set to open the consolidation floodgates Dresdner Bank price 'not cheap but fair' - Blessing |
National Rail completes shake-up of train tickets - Transport Briefing
 BBC News | National Rail completes shake-up of train tickets Transport Briefing - Train operating companies across Britain have renamed tickets in an attempt to make it easier for passengers to choose the best fare for their journey and simplify the existing ticketing system, renowned for its byzantine complexity. Simpler rail ticketing introduced Rail travel is easier but still too pricey |
Ministers seek British Energy deal before Labour conference - Independent
 ITV.com | Ministers seek British Energy deal before Labour conference Independent - By Sarah Arnott The government is pressing for a resolution to the British Energy takeover talks before the start of the Labour Party conference in two weeks' time. EDF moves nearer deal for British Energy Rethink laissez faire attitude that led to French power play |
Lucite receives two offers of $2bn prior to plant opening - Financial Times
Lucite receives two offers of $2bn prior to plant opening Financial Times - By Martin Arnold Lucite, the maker of acrylic products ranging from bus shelters to McDonald's golden arches, has received two $2bn (£1.1bn)-plus takeover approaches from Japan and Saudi Arabia seeking to pre-empt next month's opening of its $500m ... Saudi PetroRabigh says may delay some units |
Jam and a digital Jerusalem - guardian.co.uk
Jam and a digital Jerusalem guardian.co.uk - The Telegraph wants to update its country shires image with full colour and a highly effective online presence. But the revolution has been brutal - and staff could yet strike. Will power: The Daily Telegraph editor talks tough |
Papworth acute hospital PFI to be launched next month - IJ Online
Papworth acute hospital PFI to be launched next month IJ Online - Papworth Hospital NHS Foundation Trust is expected to launch the procurement process next month (or November at the latest) for its new £180 million acute hospital PFI project in Cambridgeshire. Wirral NHS Foundation trust seeks new agency roster Please sign up to Foundation Trust, says health chief |
NYSE Euronext fights back - Financial Times
NYSE Euronext fights back Financial Times - By Jeremy Grant in London NYSE Euronext, the transatlantic exchange operator, is to combat alternative share trading platforms in Europe by becoming the first exchange to launch one of its own - escalating the battle for market share in the region. Trading systems face liquidity battle |
