Finance News
Google News U.K. - Business BBC News | Wedgwood china falls victim to credit crisis Independent - By Jerome Taylor The future of the 200-year-old Wedgwood pottery in Stoke-on-Trent was thrown into doubt yesterday as its owner, Waterford Wedgwood, said it had called in administrators. Economic fall shatters sales for historic crystal firm Wedgwood' mountain of debt shatters 250 years of history |
 BBC News | The spivs are back, but on a short leash guardian.co.uk - Nobody loves a short seller, which is why the Financial Services Authority's decision to lift the ban on short selling financial stocks will be greeted with dismay by many politicians. Short-selling ban lifted but FSA warns it could be reintroduced FSA to lift ban on short-selling but disclosure rule will remain |
 100 Mortgages | Consumer morale worsens in December Reuters UK - LONDON (Reuters) - Consumer morale sank lower in December as worries about job losses resulting from the economic downturn soured the Christmas spirit. Confidence and building activity reach new lows UK Consumer Confidence Declined to Four-Year Low in December |
 BBC News | EU fears supply cuts as Russian gas row heats up Times Online - European gas supplies are set to suffer further disruption after the payment dispute between Russia and Ukraine worsened yesterday when Vladimir Putin ordered further cuts to punish Kiev. Video: Europe to monitor Ukrainian gas transit? Moscow and Kiev trade insults |
 MyFinances.co.uk | 'Awful' construction figures add pressure for hefty rates cut Scotsman - By Jane Bradley PRESSURE on the Bank of England to make a further dramatic cut in interest rates intensified yesterday as a survey showed that activity in the construction industry was at an all-time low. Ordinary savers count cost as banks cut interest on accounts Hungary's central bank open to more rate cuts |
M&S cuts 1000 jobs as fashion sales dive Times Online - High street fashion retailers were the first big losers of 2009 as Britain returned to work yesterday to face the worst employment prospects in a generation. RPT-Karen Millen owner in crucial debt talks - paper Fashion firm 'in lender talks' |
 stv.tv | John Lewis eases fears of retail crisis Financial Times - By Tom Braithwaite, Retail Correspondent A late flurry of shoppers helped John Lewis, the department store chain, weather the Christmas period with flat like-for-like sales, offering some hope that the expected retail bloodbath will not be as bad as ... Waitrose weekly like-for-like sales jump 4.7 pct John Lewis defies gloom with 2.4% sales rise |
 Daily Mail | Retirement funds at risk in HBOS deal, says trustee Times Online - HBOS could be “hollowed out” by its takeover partner Lloyds TSB, leaving the 79000 people in the HBOS pension fund at risk of not having their pensions paid in full, the scheme' leading independent trustee warned yesterday. Vultures may swoop in on British banks when short selling ban lapses Warning over capital levels as FSA ends ban on short-selling |
 Dividend.com | MasterCard acquires Orbiscom Financial Times - By Martin Arnold in London MasterCard, the US credit card operator, on Monday acquired Orbiscom, an Irish payment technology company, in a $100m deal that allowed the Irish group' private equity owner to buck the trend of slowing realisations at ... MasterCard acquires software provider Orbiscom Private equity firm HgCapital sells last dotcom investment |
 stv.tv | BE bid clears final hurdle Scotsman - EDF has declared its bid for East Kilbride-based nuclear operator British Energy wholly unconditional, after revealing it now controlled more than 96 per cent of the company's shares. EDF calls on UK to declare nuclear need EDF declares British Energy bid unconditional |
 More Th>n Business | High cost of redundancy is revealed Financial Times - By Andrew Taylor, Employment Correspondent The cost of making a single worker redundant can be more than £16000, making it an expensive option for employers who may need to replace axed staff at even greater cost when business improves, a study warns ... Lay-offs to cost companies billions Lay-offs 'should be last resort' |
 BBC News | Adams closing five stores in NI BBC News - Adams Childrenswear has closed five of its stores in Northern Ireland, five days after it went into administration. Shops in Coleraine, Londonderry, Omagh, Portadown and the Park Centre in Belfast shut on Monday. Adams administrators close stores with 850 job losses Adams sheds 850 jobs as administrators close 111 shops |
