Tuesday 07 Oct 2008
Sainsbury’s update on trading in the 16 weeks to 4 October coincides nicely with the release of the Nationwide’s Consumer Confidence Index for September. Both should reveal much about the British consumer's state of mind.
Tuesday 07 Oct 2008
A top level meeting to discuss ways of stabilising the financial system is taking place at Downing Street this afternoon (Tuesday).
Tuesday 07 Oct 2008
Telecoms giant BT has not thus far been affected by the world-wide financial crisis and does not expect to tap the corporate bond markets in the next 12 months.
Tuesday 07 Oct 2008
Power supplier National Grid said it is well positioned to deliver low risk, organic growth, adding that it continues to invest and earn good returns from its regulated businesses.
Tuesday 07 Oct 2008
Mortgage lender Alliance & Leicester has been fined a record £7m by the Financial Services Authority (FSA) for “serious failings” regarding telephone sales of payment protection insurance (PPI) on personal loans.
Tuesday 07 Oct 2008
Royal Bank of Scotland has had its credit ratings cut by ratings agency Standard & Poor’s because of fears over its credit profile.
Tuesday 07 Oct 2008
The reluctance of British firms to hire in the face of an ever-worsening economic crisis sent third quarter UK gross profit down 8.3% at recruiter Michael Page.
Tuesday 07 Oct 2008
The reluctance of British firms to hire in the face of an ever-worsening economic crisis sent third quarter UK gross profit down 8.3% at recruiter Michael Page.
Tuesday 07 Oct 2008
Northern Foods, which makes Fox's biscuits and Goodfella's pizzas, said it was on course to post profits in line with expectations despite challenging operating conditions.
Tuesday 07 Oct 2008
Share prices of Britain's leading banks plummeted today after their chief executives met chancellor Alistair Darling yesterday to discuss a possible bank sector bail-out.
Tuesday 07 Oct 2008
Mobile phone software specialist Psion said it will make a full provision in its 2008 accounts for claims made against it from trading partners of its Japanese arm Psion Teklogix KK (Psion Japan).
Tuesday 07 Oct 2008
Optical drives maker Plasmon said its newly appointed administrators are in talks with a number of interested parties and are hopeful that a sale of the remaining business can be achieved.
Tuesday 07 Oct 2008
The disposal of its Dutch assets lifted Irish oil and gas group Island Oil and Gas into profit.
Tuesday 07 Oct 2008
Assura is raising up to £80m to finance its transformation from a medical property investor and developer to a GP focused healthcare group.
Tuesday 07 Oct 2008
Nearly 1m people took flights with Aer Lingus in September as travellers continued taking advantage of cheap flights to European destinations.
Tuesday 07 Oct 2008
Shares in Oxford Biomedica surged ahead after positive talks with the US Food and Drug Administration (FDA) on further trials for its renal cancer drug TroVax.
Tuesday 07 Oct 2008
Weak trading in the US and Asia mean that Kewill’s pre-tax profits in the second half will be lower than those of the first six months of the year, the logistics software company warned.
Tuesday 07 Oct 2008
British Energy's total output from its nuclear power stations in the six months to September fell as it suffered from outages at Hartlepool and Heysham 2.
Tuesday 07 Oct 2008
Military decoy specialist Chemring has conditionally agreed to buy Non-Intrusive Inspection Technology Inc (NITEK) for as much as $40m (£22.5m).
Tuesday 07 Oct 2008
Entertainment media group Galleon said it made good progress during the year, with full year results expected to be at least in line with market expectations.