Jan
1
Scottish and Southern Energy (SSE) turned up the pressure on Britain's other
big energy suppliers on Wednesday when it said that it was considering price
cuts.
Jan
1
News Corporation, parent company of
The Times, reported a 30 per cent drop in first-quarter profits, as falling revenues from television advertising and declining film studio sales hit the bottom line.
Jan
1
Signet, the US jewellery group which owns the H Samuel and Ernest Jones chains
in the UK, has reported falling sales as consumers continue their exodus
from the high street.
Jan
1
Chancellor Alistair Darling today announced that the Treasury will provide
Jan
1
Developed economies are heading for their first collective contraction since
World War II, with the US outlook for 2009 particularly poor, according to
the International Monetary Fund (IMF).
Jan
1
The Bank of England today took decisive action to shore up the economy and
stave off a deep recession by ordering an aggressive cut in interest rates
by 1.5 per cent to 3 per cent, taking the base rate to its lowest level in
more than half a century.
Jan
1
Britain's biggest mortgage lenders have ignored calls from the Government to
pass on today's cut in interest rates to struggling homeowners.
Jan
1
Next, the fashion and homewares retailer, said like-for-like sales fell by 4.4
per cent in the 14 weeks to November 1, in line with expectations.
Jan
1
The future of Yahoo! has been thrown into confusion after Google walked away
from an agreed search advertising partnership to avert a "protracted legal
battle" with US antitrust regulators.
