News U.K. Business

Poor cider sales hit profits at C&C - Financial Times

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 15:10:00 +0000

CC blames weather and economy for decline at Bulmers and Magners
Irish Times, Ireland - 4 hours ago
CC Group chief executive Maurice Pratt at the company's agm in Dublin yesterday. He rejected claims that the group was a 'one-trick pony' after selling its ...

Banks confident of extension to liquidity scheme - Times Online

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 13:11:00 +0000

Bank of England meets UK banks
Daily Times, Pakistan - 15 hours ago
LONDON: Leading British commercial banks met the Bank of England on Friday to discuss treasury issues, but expanding a plan to swap their mortgage assets ...

UPDATE 1-BoE meets UK banks, liquidity plan not discussed
Reuters - 11 Jul 2008
LONDON, July 11 (Reuters) - Leading British commercial banks met the Bank of England on Friday to discuss treasury issues, but expanding a plan to swap ...

British banks to press BOE to expand liquidity plan: report
MarketWatch - 11 Jul 2008
By William L. Watts LONDON (MarketWatch) -- British banks were expected Friday to lobby the Bank of England to expand the liquidity program put in place ...

Banks ask for more 'rescue' money
The Press Association - 11 Jul 2008
Some of the UK's biggest banks are meeting the Bank of England to reportedly press for more help under its £50 billion credit crunch rescue package. ...

UK banks to press BoE to extend terms of Special Liquidity Scheme ...
Forbes, NY - 11 Jul 2008
LONDON (Thomson Financial) - Some of the UK's biggest banks will today lobby the Bank of England to extend the terms of its Special Liquidity Scheme (SLS) ...

UK Banks Want More Liquidity Help From BoE, Telegraph Says
Bloomberg - 10 Jul 2008
By David Altaner July 11 (Bloomberg) -- UK banking officials will meet today with the Bank of England to seek broader terms for a liquidity funding plan ...

Banks press for terms of lending to be widened in liquidity scheme
Times Online, UK - 10 Jul 2008
The Bank of England will today be lobbied by leading figures from high street banks to widen the terms of the Special Liquidity Scheme (SLS), ...

Bankers want more help from Bank of England
Telegraph.co.uk, United Kingdom - 10 Jul 2008
By Katherine Griffiths and Philip Aldrick Senior figures from the UK's biggest banks will today lobby the Bank of England to widen the terms of the special ...

Mortgage lenders press Bank to extend funding
guardian.co.uk, UK - 10 Jul 2008
The Bank of England will be lobbied by high street banks today to extend the special liquidity scheme, put in place three months ago to help free up money ...

UK banks press for more help
Northern Echo, UK - 5 hours ago
SOME of the UK's biggest banks were meeting the Bank of England yesterday to reportedly press for more help under its £50bn credit crunch rescue package. ...

Lenders argue for extension of Special Liquidity Scheme
Banking Times, UK - 19 hours ago
by Gill Montia The SLS has provided regular injections of cash and an agreement whereby banks are able to use a range of assets as security, ...

Banks want liquidity scheme expansion
InTheNews.co.uk, UK - 22 hours ago
Controversy over the use of biofuels as an energy source rumbled on this week as the government decided to shift its commitment to them down a gear. ...

Banks want BoE liquidity scheme extended
ShareCast, UK - 11 Jul 2008
By Lee Wild LONDON (SHARECAST) - Some of Britain’s biggest banks are expected to sit down with the Bank of England today in an effort to readdress liquidity ...

Libor: A benchmark or a rate?
Euromoney Magazine, UK - 10 Jul 2008
The belief that Libor is an actual rate at which banks lend substantial money to one another is a façade that the credit crunch has torn down with a ...

UK House Price Crash In Progress! - The Market Oracle

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 13:10:00 +0000

House prices down 8.6% on level a year ago
Financial Times, UK - 10 Jul 2008
By Norma Cohen, Economics Correspondent House prices fell further in June, leaving them 8.6 per cent below their level one year ago, according to data from ...

House prices post biggest fall in two decades
Independent, UK - 10 Jul 2008
By Sean Farrell, Financial Editor House prices fell by 6.1 per cent over the year to June, the biggest annual decrease in at least two decades, Halifax said ...

Property: Negative equity fears grow as house prices take record ...
guardian.co.uk, UK - 10 Jul 2008
Fears that the housing market is in freefall were heightened yesterday when Halifax reported that house prices tumbled at their fastest pace on record in ...

Reality television makes grim viewing
Times Online, UK - 10 Jul 2008
There could hardly have been a gloomier backdrop for the Bank of England's decision to hold interest rates yesterday. Halifax reported that house prices ...

UK house prices to worsen after 2% decline
Times Online, UK - 10 Jul 2008
British house prices fell by 2 per cent between May and June, above expectations of a 1 per cent decline, adding to growing evidence the slowdown in the ...

House prices see fastest fall in 15 years
ClickPress (press release), UK - 12 hours ago
House prices in the UK are falling at the fastest rate in 15 years, with a 6.1% decline on the cost of an average home from a year ago, according to recent ...

House Price Slump Continues ; In Association With BUSINESS ... VENTURE
istockAnalyst.com, OR - 16 hours ago
By BILL GLEESON HOUSE prices are falling at their fastest rate since the 1990s crash, losing 6.1% of their value during the past year, Britain's biggest ...

House prices continue to tumble
Loans4, UK - 17 hours ago
According to a recent report house prices in the UK have fallen by almost £20000 since last summer, when house prices peaked just before the bubble burst. ...

FT: House prices down 0.3% in the north-west
AboutProperty.co.uk, UK - 11 Jul 2008
House prices in the north-west were down by an average of 0.3 per cent since last year, according to the FT House Price Index for June out today. ...

House prices down 2% in June
Introducer Today, UK - 11 Jul 2008
According to the Halifax monthly house price survey the price of a home fell by two per cent during the month, compared with a fall of 2.5 per cent in May. ...

More gloom as house prices drop 2 per cent in June
Mirror.co.uk, UK - 11 Jul 2008
By Graham Hiscott 11/07/2008 And on a day of triple misery for the housing market, the Bank of England held interest rates level, and house builder Barratt ...

UK housing slump continues
Investment Markets, UK - 11 Jul 2008
by Peter Charalambous As per the latest findings from Halifax, house prices in the UK have fallen by 6.1 per cent year-on-year which is the largest fall ...

Halifax index posts 6.1% decline
Property Week News, UK - 11 Jul 2008
House prices fell further in June, leaving them 8.6% (Daily Telegraph: 8.7%) below their level one year ago, according to data from the Halifax house price ...

House Prices Fall, Jobs Cut, Interest Rates Held
Glasgow Daily Record, UK - 10 Jul 2008
A report revealed that house prices are falling at their fastest rate since the property crash of the early 1990s. The average home's value has dropped by ...

Housing market in huge price fall
The Sun, UK - 10 Jul 2008
HOUSE prices are falling at their fastest rate since the 1990s crash, losing 6.1 per cent of their value in the past year. It came as the Bank of England ...

Property values fall faster than in 1990s price crash
The Herald, UK - 10 Jul 2008
House prices fell more steeply last month than at the worst point of the 1992 housing market crash, latest figures from Halifax Bank of Scotland revealed ...

British house prices in fastest decline since 1990s as Bank holds ...
Channel 4 News, UK - 10 Jul 2008
Britain is experiencing the fastest decline in house prices since the crash in the 1990s but the Bank of England is holding interest rates. ...

House prices falling at fastest rate for 50 years - and interest ...
Daily Mail, UK - 10 Jul 2008
By Becky Barrow The price of the average home in Britain has plunged £17000 since January, devastating figures revealed today. House prices are falling at a ...

Average UK house price down to £180000
Birmingham Post, UK - 10 Jul 2008
A two per cent fall in house prices last month, following one of 2.5 per cent in May has taken the value of the average British home down to £180344 – back ...

House prices down 2% in June
London Stock Exchange, UK - 10 Jul 2008
UK house prices fell again during June and are now at 2006 levels, according to new data. The Halifax monthly house price survey found that values slumped ...

Dawnay Day sell-offs raise questions over rest of portfolio - Financial Times

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 13:10:00 +0000

Dawnay, Day confirms sale of interest in F&C Asset Management via CFDs
Forbes, NY - 23 hours ago
LONDON (Thomson Financial) - Investment firm Dawnay, Day Properties Ltd. confirmed it has offloaded its interest in F&C Asset Management Plc. via contracts ...

Hopes of a bid for F&C recede as Dawnay Day offloads 20% stake
Financial Times, UK - 10 Jul 2008
By Kate Burgess, Andrea Felsted and Neil Hume Shares in F&C Asset Management dropped 28 per cent yesterday as one of its biggest shareholders sold its ...

F&C shares plummet on Dawnay Day sell-off talk
Telegraph.co.uk, United Kingdom - 10 Jul 2008
By Katherine Griffiths Shares in F&C Asset Management tumbled almost 30pc after its second-biggest shareholder, investment firm Dawnay Day, was thought to ...

F&C shares plummet as Dawnay Day sells
guardian.co.uk, UK - 10 Jul 2008
Fund manager F&C Asset Management lost more than a quarter of its stock market value yesterday, as its second largest shareholder sold most of its 26% stake ...

F&C shares sink on Dawnay Day stake sale
Times Online, UK - 10 Jul 2008
Dawnay, Day, the investment group, unceremoniously began dumping its stake in F&C Asset Management on Thursday, sending shares in the fund manager ...

UPDATE 1-F&C shares sink on Dawnay Day stake sale talk
Reuters - 10 Jul 2008
LONDON, July 10 (Reuters) - Shares in F&C Asset Management (FCAM.L: Quote, Profile, Research) tumbled 20 percent on Thursday on talk that its second biggest ...

Dawnay sells 20% stake in F&C Asset Management
Times Online, UK - 10 Jul 2008
F&C Asset Management lost 21 per cent to 107.75p as Kaupthing began placing a 20 per cent stake, or 94 million shares, believed to be held by Dawnay Day. ...

F&C assets under management slip 1.7%
Private Equity News, UK - 23 hours ago
UK fund manager F&C Asset Management said Friday that assets under management slipped 1.7% in the three months to March 31, and that uncertainty over its ...

Comment: Investors keep faith with F&C
Financial News, UK - 23 hours ago
When a company's second-largest stockholder sells out and the share price drops almost 30% in a day, as was the case for F&C Asset Management yesterday, ...

F&C Asset crashes as big investor bales out
The Herald, UK - 10 Jul 2008
Shares in for-sale F&C Asset Management plunged 28.2% yesterday after a major investor ditched a fifth of the company's shares. Stock in the fund manager, ...

F&C plunges on stake sale fear
CITY A.M., UK - 10 Jul 2008
F&C Asset Management was down nearly a today as traders speculated that the firm's second largest shareholder was dumping a large chunk of its stake. ...

F&C shares plummet 30% after placing
CityWire.co.uk, UK - 10 Jul 2008
By Matthew Goodburn | 16:19:09 | 10 July 2008 F&C Asset Management PLC (FCAM)saw its shares crash by 30% after a major investor cashed in a large chunk of ...

F&C Asset Management shares drop 20 percent on placing talk
Thomson Investment Management News (subscription), UK - 10 Jul 2008
LONDON (Thomson IM) - Shares in F&C Asset Management Plc. dropped in early deals amid market talk of a share placing, but the shares came off lows as market ...

Dawnay, Day sells out of fund manager F&C -filing
Reuters - 21 hours ago
LONDON, July 11 (Reuters) - Investment firm Dawnay, Day has sold its entire stake in F&C Asset Management (FCAM.L: Quote, Profile, Research, Stock Buzz), ...

F&C Stock Slides As Dawnay Day Is Seen Cashing Out
Financial News, UK - 11 Jul 2008
F&C Asset Management stock slid 29% yesterday after traders said its second-largest shareholder, stockbrokers Dawnay Day, had sharply reduced its holding ...

Energy suppliers' direct debit system leaves people vulnerable to debt - Times Online

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 13:10:00 +0000

Estimated bills: Your stories
BBC News, UK - 1 hour ago
Energy customers may be getting themselves into debt unintentionally because of their estimated fuel bills, Citizens Advice has said. ...

Energy bill debts warning
The Press Association - 10 hours ago
People could be racking up debts of hundreds of pounds on their energy bills without realising it, a national charity has warned. Thousands of people with ...

Warning on estimated power bills
BBC News, UK - 12 hours ago
By Sarah Pennells Energy customers with estimated bills could be racking up debts of hundreds of pounds without realising it, according to Citizens Advice. ...

UK customers losing on energy bills
Baltimore News Net, md - 3 hours ago
The UK Citizens Advice Bureau says it is worried that energy customers are racking up unwanted debts of hundreds of pounds each time a direct debit is taken ...

Energy bills warning
TeleText, UK - 10 hours ago
A charity claims many customers could be racking up debts of hundreds of pounds on their energy bills without realising it, according to reports. ...

Man in the News: Sir Martin Sorrell - Financial Times

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 11:11:00 +0000

GfK Lines Up Herz Family for Taylor Nelson Offer, FT Reports
Bloomberg - 10 Jul 2008
By Kari Lundgren July 10 (Bloomberg) -- GfK AG, Germany's biggest market- research company, has lined up Germany's Herz family to provide financial backing ...

GfK gains Herz backing for TNS
Financial Times, UK - 10 Jul 2008
By Tim Bradshaw in London and Daniel Schäfer in,Frankfurt GfK, the German market research group, has lined up one financial backer - the Herz family - for ...

GfK rapped by panel over remarks about TNS deal
guardian.co.uk, UK - 10 Jul 2008
GfK, the German market research firm looking to scupper Sir Martin Sorrell's ambitions to acquire rival TNS, is understood to have had its knuckles rapped ...

Sir Martin Sorrell likely to battle German billionaires for ...
Telegraph.co.uk, United Kingdom - 10 Jul 2008
By Juliette Garside The battle for market research firm Taylor Nelson Sofres (TNS) is set to pitch Sir Martin Sorrell, founder of WPP, against one of ...

Updated: TNS Terminates Merger Deal With GfK
Adweek, NY - 10 Jul 2008
NEW YORK Just hours after WPP Group's hostile takeover bid today, market research giant Taylor Nelson Sofres has terminated its merger agreement with German ...

GfK launches bidding war for TNS
Financial Times, UK - 10 Jul 2008
GfK could turn to a wealthy German family to raise funds for a £1bn (€1.26bn)-plus bid for Taylor Nelson Sofres, after launching a bidding war on Wednesday ...

GfK may bid for TNS as Sorrell turns hostile
Financial Times, UK - 10 Jul 2008
By Maggie Urry and Tim Bradshaw GfK, the German market research group, on Wednesday said it was “actively pursuing” an alternative all-cash offer for Taylor ...

GfK says no certainty it will make an all-cash offer for TNS to ...
International Herald Tribune, France - 10 Jul 2008
AP LONDON: German market research company GfK AG stressed on Thursday that there was no certainty it would make an all-cash offer for British rival Taylor ...

The following business news is expected tomorrow:
Scotsman, United Kingdom - 10 Jul 2008
• Market research group Taylor Nelson Sofres is due to issue a trading update, just two days after WPP made a hostile approach for it. ...

GfK May Turn to Wealthy Family for Taylor Nelson Bid, FT Says
Bloomberg - 9 Jul 2008
By [bn:PRSN=1] Alan Purkiss [] July 10 (Bloomberg) -- GfK AG, Germany's biggest market research company, may obtain help from a wealthy German family to ...

Shares in Oxford Biomedica plummet on drug trial failure - Times Online

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 11:10:00 +0000

PRESS DIGEST - British business - July 12
Reuters - 7 hours ago
John Lewis [JLP.UL], the privately owned department store chain, posted another fall in weekly sales on Friday despite the launch of a clearance sale. ...

US fears send grisly FTSE into bear territory
Telegraph.co.uk, United Kingdom - 12 hours ago
By Ben Bland After twice dipping into bear market territory over the last week, the FTSE 100 finally capitulated, closing 21.8pc below its June peak of 6732 ...

Oxford BioMedica Has Record Fall on Missed Drug Goal (Update3)
Bloomberg - 15 hours ago
By Sabine Pirone July 11 (Bloomberg) -- Oxford BioMedica Plc, the UK biotechnology company that is working with Sanofi-Aventis SA, had a record decline in ...

UK small caps close down; Oxford Biomedica slumps on TroVax ruling
Forbes, NY - 17 hours ago
LONDON (Thomson Financial) - UK small caps softened further in closing trade, as the wider markets also plunged lower, with Oxford Biomedica losing 60 ...

Oxford BioMedica plunges on drug trial blow
Times Online, UK - 21 hours ago
Oxford BioMedica, the UK biotechnology company, said that a key trial of the drug it is developing with French pharmaceutical giant Sanofi-Aventis failed to ...

STOCKS NEWS - BioMedica plunges as TroVax trial disappoints
Reuters - 11 Jul 2008
LONDON (Reuters) - Shares in Oxford BioMedica (OXB.L: Quote, Profile, Research) plunge three-quarters in value to 4.5 pence after the biotech firm says its ...

BioMedica plunges as cancer drug trial disappoints
Reuters - 11 Jul 2008
LONDON (Reuters) - Oxford BioMedica (OXB.L: Quote, Profile, Research) said a final stage clinical trial of its biggest drug hope, TroVax, in renal cancer ...

Sanofi, Oxford BioMedica Say Cancer Drug Won't Meet Study Goal
Bloomberg - 11 Jul 2008
By Christopher Elser July 11 (Bloomberg) -- Sanofi-Aventis SA and UK biotechnology partner Oxford BioMedica Plc said their TroVax medicine won't meet the ...

BioMedica says TroVax renal cancer study disappoints
Reuters - 11 Jul 2008
LONDON, July 11 (Reuters) - Britain's Oxford BioMedica (OXB.L: Quote, Profile, Research) said on Friday the independent Data Safety Monitoring Board had ...

Phase III Cancer Vaccine Failure Deflates Oxford BioMedica
BioWorld Online, GA - 10 hours ago
By Nuala Moran LONDON - Oxford BioMedica plc's share price plunged 60.3 percent to 7.35 pence (US15 cents) on Friday when the company said the Phase III ...

Oxford BioMedica shares in meltdown on TroVax failure
FierceBiotech, DC - 19 hours ago
By John Carroll Oxford BioMedica says that a late-stage trial of its lead drug therapy TroVax--a vaccine being studied for renal cancer--failed to hit its ...

BioMedica Plunges as Cancer Drug Trial Disappoints
Therapeutics Daily (subscription) (press release), PA - 20 hours ago
By Paul Sandle LONDON (Reuters) - Britain's Oxford BioMedica said a final stage clinical trial of its biggest drug hope, TroVax, in renal cancer did not ...

Cancer trial hopes dashed
Oxford Mail, UK - 21 hours ago
By Maggie Hartford AN OXFORD biotech company saw its shares crash after announcing that a trial of its cancer treatment will not meet its goal. ...

TechMARK movers: Oxford Biomedica shares slump
ShareCast, UK - 22 hours ago
LONDON (SHARECAST) - Shares in Oxford Biomedica plummeted after the gene therapy group said the Data Safety Monitoring Board (DSMB) has advised it that a ...

DSMB Advises Oxford BioMedica to discontinue further vaccinations ...
RTT News, NY - 11 Jul 2008
(RTTNews) - Oxford BioMedica (OXB.L: News, Chart, Quote , OXBDF.PK) said Friday that the independent Data Safety Monitoring Board, or DSMB, for the Phase ...

Oxford Biomedica's TroVax phase III renal cancer test will not ...
Hemscott, UK - 11 Jul 2008
While the trial will continue, the Drug Safety Monitoring Board has ruled that there should be no more vaccinations administered. ...

UK smallcap opening - Oxford Biomedica
Life Style Extra, UK - 11 Jul 2008
LONDON (Thomson Financial) - Top small cap faller was Oxford Biomedica, which slumped 11.01 pence to just 7.49 pence following news that cancer vaccination ...

Oxford announces DSMB's recommendation for Phase III renal cancer ...
Pharmaceutical Business Review - 9 hours ago
By Staff Writer Following its fourth interim review of the Trist study, the data safety monitoring board (DSMB) advised that TroVax administered according ...

Road tax to double for one million car owners - Telegraph.co.uk

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 11:10:00 +0000

Car finance with Mr Money
Telegraph.co.uk, United Kingdom - 11 hours ago
How comforting it is to see the RAC Foundation finally waking up to, and admitting that, car drivers are being taxed unfairly. "The Government is looking to ...

Brown under fire on car tax
Financial Times, UK - 10 Jul 2008
By Alex Barker, Political Correspondent Gordon Brown yesterday brushed off calls to apologise for misleading parliament as details of the impact of the ...

Road tax: another grab pretending to be green
Telegraph.co.uk, United Kingdom - 10 Jul 2008
Gordon Brown's words were unequivocal when challenged in the Commons last month on the impact of the Government's Budget changes in vehicle excise duty ...

Cameron tells PM to apologise after car tax revelation
guardian.co.uk, UK - 10 Jul 2008
David Cameron yesterday demanded that Gordon Brown apologise to the House of Commons for allegedly misleading MPs when the prime minister said that a ...

Brown ignores warnings of another 'fiasco' over car tax
Scotsman, United Kingdom - 10 Jul 2008
By Ross Lydall and David Maddox GORDON Brown yesterday refused to apologise after being accused of misleading Parliament over plans to reform car tax, ...

Factcheck: Gordon Brown on car tax
Channel 4 News, UK - 22 hours ago
Alistair Darling says the prime minister has got his facts right on car tax many times. FactCheck isn't so sure. "What the prime minister said on many ...

Labour falls out with Mondeo man
Birmingham Post, UK - 22 hours ago
Almost as every week passes the Government appears no longer in charge of its own destiny, stumbling from one disaster to another, hoping against hope to ...

Road tax: going up
Top Gear, UK - 23 hours ago
The government has admitted that some nine million motorists will have to pay more road tax under 'green' reforms planned for the next two years. ...

'More than 75% to see car tax hike' - poll
This is Money, UK - 23 hours ago
More than three-quarters of car-owners estimate they will be worse off under the controversial new road tax rates, according to a poll conducted by This is ...

Bolton drivers condemn car tax increases
Bolton News, UK - 11 Jul 2008
By Staff Reporter MOTORISTS in Bolton have hit out at a proposed increase in road tax as the Government refused to back down over its plans. ...

Road tax increases will affect nine million motorists
Motor Trader, UK - 11 Jul 2008
Around nine million motorists will pay more road tax under the recent changes to vehicle excise duty, the government has admitted. ...

Labour's green guru fails to back car tax shake-up
This is London, UK - 11 Jul 2008
Labour's plan for road tax increases suffered a fresh blow today when Gordon Brown's green guru pointedly failed to back it. Lord Turner, who chairs the ...

Gordon Brown faces crisis over car tax hike
Mirror.co.uk, UK - 11 Jul 2008
He had to defend road tax increases hours after the Treasury admitted almost half of car owners would pay up to £245 a year more. ...

Taxing times
Press and Journal, UK - 11 Jul 2008
Pity the poor motorist. As if rising prices at the petrol pumps weren’t enough to cope with, around 9million of them now face soaring costs for road tax as ...

COMMENT: Another own goal by the Government
Worcester News, UK - 11 Jul 2008
FIRST the 10p tax band and now car tax – this Government’s ability to score own goals seems to know no bounds. It is remarkable that it has taken this long ...

Private school fees rocket - The Press Association

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 11:10:00 +0000

Private School Fees Soar By 40%
Sky News, UK - 10 hours ago
Use the drop down menu below to filter stories and videos the way you want - when you want it! Private school education is becoming increasingly expensive, ...

School fees rise 40% in five years
The Press Association - 12 hours ago
The cost of sending a child to private school has risen by more than 40% in five years, a survey has found. The average annual fee now stands at £10239 ...

More pupils go private, despite soaring fees
Scotsman, United Kingdom - 12 hours ago
By FIONA MACLEOD INDEPENDENT school fees are rising higher than inflation, yet more parents than ever are choosing the option for their children. ...

Middle classes priced out of private schools
Times Online, UK - 15 hours ago
Professionals such as teachers and engineers can no longer comfortably afford to give their children a private education. School fees increased by 6 per ...

Private school fees for day pupils up by 40 per cent in last five ...
Telegraph.co.uk, United Kingdom - 22 hours ago
By Tom Peterkin Private school fees have risen by an average of 40 per cent over the last five years, more than double the rate of inflation, research has ...

Private school fees up 40 per cent over last five years
InTheNews.co.uk, UK - 41 minutes ago
Private school fees have soared by over 40 per cent over the last five years, according to research by Halifax Financial Services. ...

School fees soar by 40% in past five years
This is Money, UK - 7 hours ago
Parents sending their children to private school have seen inflation-busting increases hike the cost of school fees by 40% in five years. ...

£132m fine for fixing cigarette prices - Mirror.co.uk

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 11:10:00 +0000

Firms fined for tobacco price-fixing: British watchdog
AFP - 9 hours ago
LONDON (AFP) — Six retailers and tobacco firms have agreed to pay combined fines of more than 130 million pounds after admitting "unlawful practices" ...

GMG acquires Paidcontent blog - Financial Times

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 09:11:00 +0000

Guardian Buys Publisher of PaidContent Web Site
New York Times, United States - 7 hours ago
By BRIAN STELTER Rafat Ali created PaidContent, a blog about the business of new media, in 2002 as a kind of job résumé. “I was trying to get hired. ...

Guardian Buys PaidContent Group
New York Times, United States - 11 hours ago
Guardian News & Media, the owner of The Guardian, said Friday that it has bought ContentNext, the parent company of digital business website PaidContent, ...

UK's Guardian News buys Santa Monica blog publisher
Bizjournals.com, NC - 13 hours ago
Guardian News & Media bought ContentNext Media, an online media company, a major move for the British newspaper publisher outside its home country. ...

UPDATE 1-Guardian Media buys paidContent.org publisher
Reuters - 15 hours ago
NEW YORK, July 11 (Reuters) - Britain's Guardian News & Media has acquired ContentNext, publisher of media and technology business blog paidContent.org, ...

Guardian Execs On ContentNext Acquisition: McCall, Brooks Talk Up ...
Washington Post, United States - 15 hours ago
The acquisition of our parent company, ContentNext Media, is a major change for us, but it also marks a turning point for the UK company to which we now ...

Guardian Media Group (that's us) buys PaidContent
guardian.co.uk, UK - 17 hours ago
The PaidContent blog got scooped on its own story, which is: "Almost six years after our company started with paidContent.org, we have been acquired by ...

Guardian Buys PaidContent.org
Wall Street Journal - 17 hours ago
By ANDREW EDWARDS UK newspaper publisher Guardian News & Media agreed to buy ContentNext Media, publisher of the media blog PaidContent.org, ...

Guardian News & Media buys ContentNext Media
International Herald Tribune, France - 17 hours ago
AP LONDON: Guardian News & Media, publisher of Britain's The Guardian and The Observer newspapers, has acquired US digital media firm ContentNext Media, ...

paidContent.org operator acquired by Guardian News & Media
CNET News, CA - 19 hours ago
ContentNext Media, which operates paidContent.org, announced Friday it was acquired by Guardian News & Media (GNM), in a move to bolster the parent company ...

Guardian News & Media to Buy ContentNext Media
MarketWatch - 20 hours ago
NEW YORK, NY, Jul 11, 2008 (MARKET WIRE via COMTEX) -- Guardian News & Media today announces a significant expansion of its US presence with the acquisition ...

Guardian News & Media buys PaidContent publisher
guardian.co.uk, UK - 21 hours ago
Guardian News & Media has bought ContentNext, the parent company of digital business website PaidContent, as part of its US expansion. ...

PaidContent CEO Nathan Richardson on the deal
Vator.tv News, CA - 13 hours ago
PaidContent.org, a digital media site launched in 2002, was just acquired by to Guardian News & Media, the news media division of UK-based Guardian Media ...

Guardian to Buy PaidContent
AdAge.com (subscription) - 15 hours ago
By Sherry Mazzocchi NEW YORK (AdAge.com) -- Guardian News & Media is buying ContentNext, the company that owns the digital media site PaidContent. ...

Guardian Media Group Acquires paidContent Parent for $30 Million
Marketing Vox News - 18 hours ago
ContentNext's most well-known property is paidContent, an online news site. Its other offerings include MocoNews, ContentSutra and paidContent UK. ...

Why Guardian Media Bought paidContent for $30M
GigaOm, CA - 18 hours ago
Rafat Ali, founder of ContentNext Media, an LA-based new media startup and publisher of the blog paidContent, puts the blame for his inability to sleep last ...

Guardian buys pathbreaking blog network ContentNext for rumored $30M
VentureBeat, CA - 18 hours ago
Guardian News & Media, a private UK publisher, has acquired ContentNext, the publisher of PaidContent.org, the news site launched by Rafat Ali in 2002 that ...

Guardian Group buys online news site Paidcontent
New Media Age, UK - 19 hours ago
Guardian News & Media has expanded its US footprint by buying b2b online publishing network ContentNext Media. ContentNext Media, which owns online news ...

The Guardian Buys Rafat Ali’s PaidContent For $30 Million
PSFK, UK - 19 hours ago
by Piers Fawkes Rafat Ali’s 6 year old web publishing company Content Next has been bought for maybe up to $30 million by Guardian News & Media, ...

paidContent Acquired By Guardian Media
socalTech.com, CA - 19 hours ago
Santa Monica-based online news publisher ContentNext, operator of the paidContent.org and other online news publications, announced this morning that it has ...

Guardian News Media to buy ContentNext, paidcontent.org, for $30m
editorsweblog.org - 19 hours ago
According to a few sources including Kara Swisher's All Things Digital, the Guardian Media Group is to acquire ContentNext, publisher of the media news site ...

Another Blog Buyout: Guardian Pays $30 Million-Plus For Paidcontent
Silicon Alley Insider, NY - 20 hours ago
Guardian Media Group, best known as the home of the UK's Guardian newspaper, is buying Rafat Ali's ContentNext, the holding company whose best known ...

Flood-risk cover deal - Mirror.co.uk

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 09:11:00 +0000

Flood deal protects homeowners
Money Magic Mortgage News, UK - 1 hour ago
Homeowners in flood-risk areas will still be eligible for home insurance after the government promised more long-term investment in flood defences. ...

Flood Insurance Is Now Secure For Many
FinancialAdvice.co.uk, UK - 10 hours ago
Despite comments earlier in the year suggesting that the insurance industry would take away flood insurance from many UK homes in high risk areas, ...

Flood insurance 'will go on'
More Th>n Business, UK - 17 hours ago
Most businesses and homeowners in the UK will continue to be eligible for flood insurance, after an agreement between the insurance industry and the ...

ABI and Defra agree long-term flood strategy
Insurance Daily, UK - 15 hours ago
by Gill Montia The Association of British Insurers (ABI) has reached an agreement with the Department for Environment, Food and Rural Affairs over a ...

The MPC must choose: inflation or recession? - CityWire.co.uk

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 09:11:00 +0000

Canadian rates seen steady through 2008
Financial Post, Canada - 11 hours ago
TORONTO -- Canada's primary securities dealers forecast on Friday that the Bank of Canada will leave its key interest rate steady through September, ...

PREVIEW-What the Bank of Canada is considering next week
Reuters - 14 hours ago
OTTAWA, July 11 (Reuters) - The Bank of Canada appears set to hold interest rates steady next Tuesday, giving itself more time to see how the US economic ...

The Bank of England's two per cent target is broadly right
Telegraph.co.uk, United Kingdom - 21 hours ago
Yesterday, as expected, the Bank of England left the Bank Rate unchanged at 5%. Few people, if any, were surprised by this decision, given the inflationary ...

UK expert gives tips for handling inflation
New Vision, Uganda - 9 Jul 2008
By Winfred Kagwe and Florence Ntegeka UGANDA should explore alternative monetary policies in order to keep the inflation rates consistent, a UK academic has ...

CBI urges restraint on pay claims
Times Online, UK - 9 Jul 2008
Britain needs to show pay restraint if the Bank of England is not to raise interest rates and further damage an already fragile economy, ...

BoE panel meets over interest rates
The Press Association - 8 Jul 2008
The Bank of England begins its latest rate-setting meeting with little prospect of short-term relief in sight for homeowners and borrowers. ...

UK Expected to Hold Key Rate Steady
Wall Street Journal - 7 Jul 2008
By NATASHA BRERETON and LAURENCE NORMAN LONDON -- The Bank of England's Monetary Policy Committee is likely to keep its key interest rate on hold at 5% ...

Are emerging economies causing inflation?
Economic Times, India - 7 Jul 2008
The entire world today is in the grip of an inflationary spiral. The sharp surge in global oil and food prices brings back memories of the seventies, ...

Stephen King: It's time for the central banks to take a lesson in ...
Independent, UK - 6 Jul 2008
Despite all the talk of globalisation, mutual economic dependency and trade linkages, policymakers spend too much time focusing on the domestic minutiae and ...

Freeze is on for cider over ice as markets suffer - Scotsman

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 09:11:00 +0000

BBC News

Freeze is on for cider over ice as markets suffer
Scotsman - 8 hours ago
Irish drinks group C&C, which has expanded its Magners brand rapidly in Scotland and the rest of the UK in recent years, said the weaker UK and Irish economies had helped trigger a 10 per cent quarterly slide in cider sales.
Cider sales down 10% at C&C Group Morning Advertiser
C&C cider sales hit by poor weather, weak economy Reuters
all 46 news articles

Magners on thin ice as its popular Irish cider becomes a fashion ... - Independent

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 05:11:00 +0000

Magners falls flat amid summer downpours and tighter wallets
Times Online, UK - 6 hours ago
It never rains but it pours for C&C Group. A couple of years ago the company that makes Magners Irish Cider was being praised for single-handedly ...

Bad weather sees Magners cider sales go flat
Telegraph.co.uk, United Kingdom - 6 hours ago
By Graham Ruddick and Jonathan Sibun Britain's love affair with Magners appears to have been little more than a fling after sales of the cider fell 10pc in ...

Magners cider hit by bad weather and downturn
Times Online, UK - 8 hours ago
The Irish drinks company behind Magners cider became the latest victim of the consumer downturn after revealing that sales had fallen dramatically in recent ...

Wet summer and damp economy hit C&C sales
Irish Independent, Ireland - 1 hour ago
By Ailish O'Hora Business News Editor Shares in cider-maker C&C slumped to below their 2002 flotation levels yesterday, on a day that the Irish market ...

OFT fines Gallaher, Asda and four other firms £132m - Independent

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 05:11:00 +0000

Companies fined £132m over deal to fix prices of cigarettes
Scotsman, United Kingdom - 6 hours ago
By Russell Lynch They were among six retailers and tobacco firms that agreed to pay combined penalties of £132.3 million. The companies, which also included ...

OFT fines six firms £173m for tobacco plot
guardian.co.uk, UK - 6 hours ago
Six companies, including the supermarket chains Asda and Somerfield and tobacco firm Gallaher, have agreed to pay a combined penalty of £173m after ...

OFT's hefty fines for tobacco price fixing
Telegraph.co.uk, United Kingdom - 6 hours ago
By Jonathan Sibun Cigarette maker Gallaher and retailers including Asda and Somerfield have been fined over £173m following a price-fixing investigation by ...

Six firms fined in tobacco probe
BBC News, UK - 10 hours ago
Six retailers and tobacco firms have agreed to pay a maximum of £173.3m in combined fines after admitting unlawful tobacco pricing practices. ...

Six groups fined 173.3 mln stg in UK tobacco case
Reuters - 11 hours ago
By David Jones LONDON, July 11 (Reuters) - Six companies will pay a maximum of 173.3 million pounds ($342.5 million) after admitting unlawful practices ...

Six groups fined for price fixing
The Press Association - 11 hours ago
Six retailers and tobacco firms have agreed to pay combined fines of £132.3 million after admitting unlawful cigarette pricing practices. ...

Retailers hit with £173m cigarette price fixing fine
Times Online, UK - 11 hours ago
Six companies, including Asda and Somerfield, have been hit with a fine of £173.3 million for fixing the price of cigarettes in the UK. ...

UPDATE: OFT Agrees To Deal With 6 Cos On Tobacco Pricing
CNNMoney.com - 12 hours ago
LONDON -(Dow Jones)- The UK Office of Fair Trading said Friday that it has reached agreement with six companies that have admitted to the unlawful pricing ...

Office Of Fair Trade: 6 Cos Fined In Tobacco Probe
CNNMoney.com - 12 hours ago
LONDON -(Dow Jones)- The UK's Office of Fair Trading said Friday that it has reached early resolution agreements with six companies in which they have ...

Tobacco industry hit with fines
ITN, UK - 11 hours ago
In April the Office of Fair Trading accused Asda, Somerfield, First Quench, Gallaher, One Stop Stores (formerly T&S Stores), and TM Retail of working ...

Firms fined for tobacco price-fixing: watchdog
AFP - 3 hours ago
LONDON (AFP) — Six retailers and tobacco firms have agreed to pay combined fines of more than 130 million pounds after admitting "unlawful practices" ...

SFO under fire after case against drug groups fails - Financial Times

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 05:11:00 +0000

Goldshield Wins SFO Case - Interview With Chairman and CEO
FOXBusiness - 4 hours ago
LONDON, July 11, 2008 /PRNewswire via COMTEX/ ----Goldshield Group UK, the pharmaceutical and healthcare company, said today a judge had refused the ...

SFO inquiry into drugs price fixing collapses after eight years
Independent, UK - 4 hours ago
By Alistair Dawber An eight-year Serious Fraud Office (SFO) investigation that has already cost the taxpayer more than £40m was left hanging in tatters ...

Fraud office's biggest case rejected by judge
guardian.co.uk, UK - 6 hours ago
The biggest case brought by the Serious Fraud Office, against an alleged conspiracy to defraud the NHS of millions of pounds by price-fixing, ...

SFO suffers setback in pharmaceuticals case
Telegraph.co.uk, United Kingdom - 6 hours ago
By Helen Power The Serious Fraud Office got a bloody nose yesterday when a criminal court threw out its price fixing case against healthcare services group ...

Drug case failure may be last straw for Serious Fraud Office
Times Online, UK - 8 hours ago
The future of the Serious Fraud Office is in doubt after the collapse yesterday of a £25 million case against drug companies accused of price fixing against ...

Serious Fraud Office drug case thrown out of court
guardian.co.uk, UK - 12 hours ago
The biggest case ever to be brought by the Serious Fraud Office, involving an alleged price-fixing conspiracy said to have defrauded the NHS of millions of ...

UPDATE 1-Goldshield wins long-running SFO case
Reuters - 16 hours ago
LONDON, July 11 (Reuters) - UK healthcare services provider Goldshield Group Plc (GSD.L: Quote, Profile, Research) said it had won a case brought against it ...

Analysis: Serious Fraud Office reeling from another humiliating blow
Times Online, UK - 16 hours ago
The Serious Fraud Office will be reeling from the humiliating blow inflicted on it today when a judge threw out its price-fixing prosecution of five drugs ...

SFO blow as Goldshield case collapses
Times Online, UK - 17 hours ago
The Serious Fraud Office suffered a serious blow today after a judge threw out a price-fixing case against five drug companies, leaving an eight-year ...

SFO fails in £40m Goldshield case
ShareCast, UK - 12 hours ago
LONDON (SHARECAST) - The Serious Fraud Office’s (SFO) failure to make its case against drug distributor Goldshield and four other companies stick struck the ...

Pharma price-fixing case thrown out of court
Legal Week, UK - 14 hours ago
Jones Day, Norton Rose and SJ Berwin have won a landmark case which has seen an estimated £40m Serious Fraud office (SFO) case against five pharmaceutical ...

Goldshield wins serious fraud office anti-competitive behaviour ...
Hemscott, UK - 14 hours ago
LONDON (Thomson Financial) - Goldshield Plc., the pharmaceutical and healthcare company, said it has won its anti-competitive behaviour case brought by the ...

SFO humiliation as judge throws out £40m case against drug firms ...
Daily Mail, UK - 15 hours ago
By Julian Gavaghan Five drug firms accused of ripping off the NHS by fixing their prices have escaped prosecution after a judge threw the case out of court. ...

SFO lambasted over collapse of Goldshield case
The Lawyer, UK - 15 hours ago
The taxpayer will foot a bill of around £40m after the Serious Fraud Office (SFO) was forced to drop a high-profile case against Goldshield Group. ...

Goldshield Wins Serious Fraud Office (SFO) Case
PharmaLive.com (press release), PA - 16 hours ago
SURREY, England, July 11, 2008-- Goldshield Group plc ('Goldshield'), the pharmaceutical and healthcare company, announces that Mr. Justice Pitchford has ...

Ginger beer and biscuits
Daily Mail, UK - 8 Jul 2008
I would hazard a guess that no one in children's literature drinks as much ginger beer as Enid Blyton's Famous Five. Julian, Dick, Anne and George seem to ...

Consortium set to win Sellafield contract - Financial Times

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 05:11:00 +0000

Amec consortium in Sellafield win
Scotsman, United Kingdom - 6 hours ago
AMEC, the oil services company, has been named in a consortium to manage the clean-up of the Sellafield nuclear power plant. ...

Amec group wins Sellafield contract
guardian.co.uk, UK - 6 hours ago
A consortium including UK engineer Amec has been chosen as the preferred bidder for the contract to run the Sellafield nuclear facility in Cumbria, ...

Global consortium chosen to clean up Sellafield
Telegraph.co.uk, United Kingdom - 6 hours ago
By Russell Hotten, Industry Editor A consortium of companies from the US, UK and France has been named preferred bidder for a hard-fought ...

Amec group scoops deal to clean up Sellafield
Times Online, UK - 7 hours ago
A consortium including Amec, the British engineering group, Areva of France and Washington Division of the US surprised the nuclear industry yesterday by ...

URS unit leads team likely to clean up UK's Sellafield nuclear plant
Bizjournals.com, NC - 12 hours ago
The Washington Division of URS Corp. was picked as the preferred bidder to lead a group that will clean up and shut down the Sellafield nuclear complex in ...

Amec consortium wins nuclear contract
Crain's Manchester Business, UK - 9 hours ago
The Nuclear Decommissioning Authority has granted the £17bn contract to clean up the Sellafield site in West Cumbria to a consortium which includes ...

Sellafield managers named
the chemical engineer, UK - 13 hours ago
by Adam Duckett NUCLEAR MANAGEMENT PARTNERSHIP (NMP), a consortium comprising Amec, Areva, and URS Washington Division, has been named as the preferred ...

Consortium selected for Sellafield
World Nuclear News, UK - 14 hours ago
A 'preferred bidder' has been selected for the management of the UK's enormous Sellafield site. The Nuclear Management Partners consortium will now enter ...

Amec consortium preferred bidder in £17bn Sellafield job
Contract Journal, UK - 15 hours ago
By Neil Gerrard The government has named a consortium including Amec as preferred bidder to clean up and run the Sellafield nuclear plant, in a deal that ...

£73bn nuclear decommissioning costs 'may rise'
InTheNews.co.uk, UK - 15 hours ago
Decommissioning the UK's first-generation civil nuclear sites and running the remaining operating sites will cost at least £73 billion over the coming ...

Amec takes massive Sellafield clean-up deal
CN plus (subscription), UK - 15 hours ago
A team featuring Amec has been chosen for the multibillion contract to clean up of the Sellafield nuclear power station site. Nuclear Management Partners ...

Fannie Mae, Freddie Mac debt soars on takeover talk - guardian.co.uk

noreply@blogger.com (jicnacho) — Sat, 12 Jul 2008 05:10:00 +0000

Bush comments on US economy
BBC News, UK - 1 hour ago
President George Bush has met his top economic team amid fears for the future of mortgage firms Freddie Mac and Fannie Mae. The BBC is not responsible for ...

Fannie Mae says has 'ample liquidity,' capital levels exceed ...
Forbes, NY - 5 hours ago
SAN FRANCISCO (Thomson Financial) - Fannie Mae late Friday said it has 'ample liquidity' and is capitalized well above minimum required levels. ...

Technical Outlook: Charting Gold's Direction
TheStreet.com - 6 hours ago
The market focused Friday on the continued fallout of the financials, as Fannie Mae FNM and Freddie Mac FRE teeter on the brink of insolvency. ...

Commentary: If the market thinks it will happen, it likely will
Reuters - 7 hours ago
(Tomi Kilgore is managing editor, TFN - North America, a Thomson Reuters market news service. The opinions expressed here are his own. ...

Fannie, Freddie say they are capitalised
The Age, Australia - 7 hours ago
Troubled US mortgage finance giants Fannie Mae and Freddie Mac have said in separate statements they are "adequately capitalised" despite swirling market ...

Your Name Your Email Address Recipient's Email Address
Newsweek - 7 hours ago
Fannie Mae and Freddie Mac, the two government-sponsored enterprises that play an important role in the mortgage market, are tanking today and helped ...

GLOBAL MARKETS-Stocks, dollar slide on latest credit crisis fear
guardian.co.uk, UK - 7 hours ago
By Herbert Lash NEW YORK, July 11 (Reuters) - Fear the two largest US mortgage finance companies are in such poor health that they need a government bailout ...

Fed May Offer Lifeline for Freddie, Fannie
NPR - 8 hours ago
by John Ydstie and Melissa Block All Things Considered, July 11, 2008 · The Federal Reserve may allow troubled mortgage giants Fannie Mae and Freddie Mac to ...

Fannie Mae and Freddie Mac: approaching the buffers fast
Times Online, UK - 8 hours ago
If there is anything that comes close to fitting perfectly the description of an accident waiting to happen, it is surely the curious, bastard offspring of ...

Stocks whipsawed by Fannie and Freddie
CNNMoney.com - 8 hours ago
Wall Street closes down, but off the day's lows, as fears of a government takeover of mortgage backers eases. By Alexandra Twin, CNNMoney.com senior writer ...

US Stocks Decline on Concern Fannie, Freddie May Need Rescue
Bloomberg - 8 hours ago
By Michael Patterson July 11 (Bloomberg) -- US stocks fell, extending the longest stretch of weekly losses for the Standard & Poor's 500 Index since 2004, ...

Troubles at Fannie and Freddie: What It Means for Investors
U.S. News & World Report, DC - 9 hours ago
By Kirk Shinkle How big is too big to fail? We may be about to find out. This week's dizzying tumble in Fannie Mae and Freddie Mac, government-backed ...

Markets plunge on US mortgage woes
NEWS.com.au, Australia - 9 hours ago
EUROPEAN stock markets have closed sharply lower after key US mortgage groups Fannie Mae and Freddie Mac went into freefall, sparking fears of more heavy ...

McCain backs action to support Freddie, Fannie
Reuters - 9 hours ago
HUDSON, Wisconsin (Reuters) - Republican presidential contender John McCain said on Friday that government assistance would likely be needed for Freddie Mac ...

Paulson: Keep Fannie and Freddie in current form
The Associated Press - 9 hours ago
WASHINGTON (AP) — Treasury Secretary Henry Paulson, seeking to calm nervous investors about the financial state of Fannie Mae and Freddie Mac, ...

The Financial System Is Cracking
Motley Fool - 9 hours ago
By Tom Hutchinson July 11, 2008 Comments (0) Things got worse in the credit crisis this week as the market speculated that Fannie Mae NYSE: FNM) and Freddie ...

UPDATE 1-US Treasuries' debt protection costs jump to record
Reuters - 10 hours ago
NEW YORK, July 11 (Reuters) - The cost to insure US Treasury debt against default surged to a record on Friday on fears that the US government may need to ...

Rates could rise on Freddie, Fannie woes
MarketWatch - 10 hours ago
By Amy Hoak, MarketWatch CHICAGO (MarketWatch) -- Get ready to see mortgage rates rise somewhat as concerns about Freddie Mac and Fannie Mae continue, ...

Fannie and Freddie shares under siege
MarketWatch - 10 hours ago
By MarketWatch BOSTON (MarketWatch) -- Shares of Fannie Mae and Freddie Mac traded off their session lows at midday Friday but remained under serious ...

Who's really too big to fail?
Christian Science Monitor, MA - 10 hours ago
Let some troubled financial firms fail, US regulators tell Congress. Fannie Mae and Freddie Mac are exceptions. By Mark Trumbull | Staff writer of The ...

US mortgage lender crisis spooks markets
guardian.co.uk, UK - 10 hours ago
The White House today appeared to rule out a takeover of crisis-hit mortgage companies Freddie Mac and Fannie Mae despite their shares continuing to take ...

Tempus: Raining not pouring - Times Online

noreply@blogger.com (jicnacho) — Fri, 11 Jul 2008 15:11:00 +0000

Magners cider sales have cooled off, says C&C
Telegraph.co.uk, United Kingdom - 6 hours ago
By Graham Ruddick C&C Group, the producer of Magners in the UK, said that cider sales had fallen 10pc as poor weather and a slowing economy took their toll. ...

C&C Sales Fall Further as Britons Drink Less Cider (Update1)
Bloomberg - 6 hours ago
By Louisa Nesbitt July 11 (Bloomberg) -- C&C Group Plc, the Irish beverage maker whose shares plunged 70 percent in 2007, said sales have dropped further in ...

Weak economy and weather hit C&C Magners cider
Reuters - 7 hours ago
DUBLIN (Reuters) - Irish drinks group C&C (GCC.I: Quote, Profile, Research) said the weaker UK and Irish economies and poor weather had caused a decline in ...

Sour outlook for Magners owners
BBC News, UK - 7 hours ago
The Irish firm that makes Magners cider has forecast a difficult time ahead with unpredictable weather and a slowing economy putting off consumers. ...

C&C warns of revenue shortfall
The Press Association - 7 hours ago
Magners maker C&C has warned over half-year revenues as it revealed a 10% fall in cider sales so far this summer. The Dublin-based group, which also makes ...

C&C warns of flat profit growth
Financial Times, UK - 7 hours ago
By Amanda Vermeulen C&C Group, the Dublin-based beverages manufacturer and distributor, warned on Friday that half-year profit growth could be flat as cider ...

C&C admits cider sales on the slide
Times Online, UK - 7 hours ago
The Irish drinks company behind Magners today admitted that sales of the cider had fallen dramatically just weeks after denying rumours of a softening in ...

C&C warns of uncertain outlook
RTE.ie, Ireland - 8 hours ago
Drinks group C&C says its revenues for the four months to the end of June are down 8% compared to the same time last year. This includes a decline of 10% in ...

C&C says sales of Magners down
Irish Times, Ireland - 8 hours ago
C&C Group, the Irish beverage maker whose shares plunged 70 per cent in 2007, said sales continued to decline in the current fiscal year's first four months ...

C&C cider sales hit by poor weather, weak economy
Reuters - 8 hours ago
DUBLIN, July 11 (Reuters) - Irish drinks group C&C (GCC.I: Quote, Profile, Research, Stock Buzz) said on Friday its sales fell in the four months to ...

Cider sales down 10% at C&C Group
Morning Advertiser, UK - 3 hours ago
By Mark Stretton, M&C Report C&C Group, the Irish maker of Magners, has this morning revealed sales down 10% at its cider business. ...

Magners maker fears summer sales will drop
The Publican, UK - 4 hours ago
By Hamish Champ C&C Group has warned that turnover for the first half of the current financial year will fall short of last year’s figure for the same ...

C&C frets as taste for Magners is lost
This is Money, UK - 4 hours ago
C&C, the Irish drinks group behind Magners cider, issued a profits warning in all but name today in the latest blow to the drinks sector. ...

C&C revenue down 8%
Food & Drinks Digital, UK - 5 hours ago
C&C Group has said revenue declined eight percent in the four months to the end of June. Sales of Magners cider fell 10 percent as the group faced ...

C&C Group reports fall in cider revenue in both UK and Ireland ...
FinFacts Ireland, Ireland - 6 hours ago
By Finfacts Team C&C Group plc, a manufacturer, marketer and distributor of branded beverages in Ireland and the UK, today issued an Interim Management ...

C&C Sales Fall Further as Britons Drink Less Cider (Update2)
Bloomberg - 1 hour ago
By Louisa Nesbitt July 11 (Bloomberg) -- C&C Group Plc, the Irish beverage maker whose shares plunged 70 percent in 2007, said sales kept falling this ...

Government, insurers seal deal on flood cover - Only Finance

noreply@blogger.com (jicnacho) — Fri, 11 Jul 2008 15:11:00 +0000

Government and insurers flood deal
The Press Association - 3 hours ago
The insurance industry and the Government have reached an agreement to ensure householders are able to obtain protection against flooding, ...

Insurers reach deal over flood cover
Reuters UK, UK - 4 hours ago
By Michael Holden LONDON (Reuters) - The government said on Friday it reached agreement with insurers to ensure millions of homes and businesses in areas at ...

Flood-risk homes will be insured under new deal
Times Online, UK - 5 hours ago
The insurance industry and the Government have struck a deal to ensure households at risk of flooding are still able to obtain home insurance. ...

Insurance Hope For Flood Victims
Sky News, UK - 5 hours ago
Use the drop down menu below to filter stories and videos the way you want - when you want it! The insurance industry and the Government have come to a deal ...

New deal protects homeowner flood insurance
Telegraph.co.uk, United Kingdom - 5 hours ago
Millions of homeowners will continue to get flood insurance after the Government struck a crucial deal with the insurance industry. ...

Insurers agree flood cover deal
BBC News, UK - 7 hours ago
Millions of homes will continue to get flood cover under a deal struck by the government and the insurance industry. The Association of British Insurers ...

Long-term future of flood insurance guaranteed
Money High Street, UK - 1 hour ago
The government and the Association of British Insurers (ABI) have come up with an agreement that should ensure flood insurance remains widely available now ...

Government Agrees Crucial Flood Cover Deal
Find a Property - 2 hours ago
Homeowners living under a stormcloud may finally see a glimmer of sunshine thanks to a new agreement between the ABI (Association of British Insurers) and ...

ABI: Agreement on flood insurance is good news for customers
Politics.co.uk, UK - 3 hours ago
The ABI (Association of British Insurers) and the Government have reached agreement that ensures flood insurance remains widely available now and in the ...

Government and ABI agreement on flood insurance
Money News, UK - 3 hours ago
A long-term flood action plan has been agreed by the Department for Environment, Food and Rural Affairs (Defra) and the Association of British Insurers ...

Flood insurance to remain available
InTheNews.co.uk, UK - 3 hours ago
Find FREE brochures on a variety of financial topics using our brochure finder, including brochures on savings, property and insurance. ...

Government and insurers aim to provide cover for flood-hit homes
Hull Daily Mail, UK - 4 hours ago
A new agreement struck between the Government and the insurance industry could help many flood-hit East Yorkshire households get cover. ...

Agreement reached to ensure homes will get flood cover
Finance Markets, UK - 4 hours ago
by Kay Murchie A deal has been reached between the Government and the Association of British Insurers (ABI) to ensure that homes will continue to receive ...

Government commits to flood action plan
Farmers Guardian, UK - 4 hours ago
FLOOD insurance will be widely available from now and in the long-term, after the Government and Association of British Insurers (ABI) reached agreement on ...

UK insurers, government reach flood agreement
Business Insurance, IL - 5 hours ago
LONDON—The UK insurance industry has reached an agreement with the government to ensure that homeowners are able to obtain flood insurance. ...

Deal to ensure flood protection
ePolitix, UK - 6 hours ago
The government has reached a deal with insurers to ensure that households in flood-risk areas can obtain protection. Environment minister Phil Woolas said ...

Air Berlin drops plan to buy Thomas Cook's Condor - Reuters UK

noreply@blogger.com (jicnacho) — Fri, 11 Jul 2008 15:11:00 +0000

Condor may try to join TUIfly-Germanwings
Reuters - 3 hours ago
LONDON/FRANKFURT (Reuters) - Thomas Cook's (TCG.L: Quote, Profile, Research) charter airline Condor may try to join merger talks between rivals TUIfly and ...

Air Berlin decides against Condor purchase
International Herald Tribune, France - 4 hours ago
LONDON: Air Berlin, one of the largest low-fare airline in Europe, has pulled out of talks to buy the German charter carrier Condor from Thomas Cook Group. ...

Thomas Cook ditches Air Berlin deal
Financial Times, UK - 7 hours ago
By Roger Blitz, Leisure Industries Correspondent Thomas Cook hinted on Friday that it might be lining up an alternative buyer for its Condor charter airline ...

Thomas Cook cancels airline deal
BBC News, UK - 7 hours ago
Thomas Cook has cancelled plans to merge its German charter airline Condor with rival Air Berlin after discussions with the competition regulator. ...

investors take a break from Thomas Cook
Times Online, UK - 14 hours ago
Thomas Cook was the biggest faller in a plunging FTSE 100 yesterday as it flew into a cloud of negative sentiment over falling demand for travel and on ...

Thomas Cook and Air Berlin cancel deal
Trading Markets (press release), CA - 1 hour ago
Jul 11, 2008 (AIRLINE INDUSTRY INFORMATION via COMTEX) -- AIBEF | Quote | Chart | News | PowerRating -- Thomas Cook (TCG.L) and Air Berlin (AB1G. ...

Thomas Cook halts German airline merger
This is Money, UK - 6 hours ago
A deal to create a major German rival to easyJet and Ryanair in Europe was in tatters today - bringing further bad news for Thomas Cook, which was set to ...

Thomas Cook says Condor sale off
Hemscott, UK - 7 hours ago
Thomas Cook said in its last results statement that the deal was under review after regulatory delays. It would have seen it take a 30% stake in the German ...

Air Berlin-Condor merger founders
TravelMole, UK - 8 hours ago
Thomas Cook has withdrawn plans to merge its German carrier Condor with Europe's third largest low cost carrier Air Berlin. The companies have told the ...

Air Berlin Group integrates flight planning with Lufthansa Systems
Peanuts! Low Cost Airline News, Australia - 13 hours ago
Air Berlin Lufthansa Systems announced that Air Berlin and its subsidiary airline LTU recently standardised their flight planning using the Lido Operations ...

Air Berlin drops plan to buy Thomas Cook's Condor
International Herald Tribune, France - 2 hours ago
By Angelika Gruber and Mark Potter Reuters FRANKFURT/LONDON: German carrier Air Berlin scrapped its takeover of Thomas Cook's Condor charter airline, ...

REFILE-Air Berlin drops plans to buy Thomas Cook's Condor
Reuters - 8 hours ago
FRANKFURT, July 11 (Reuters) - German carrier Air Berlin (AB1.DE: Quote, Profile, Research, Stock Buzz) dropped its plans to acquire Thomas Cook's (TCG. ...

Rising jet fuel, economic uncertainty grounds Air Berlin-Condor deal
PR-Inside.com (Pressemitteilung), Austria - 2 hours ago
© AP FRANKFURT, Germany (AP) - The rising cost of jet fuel was blamed for Thomas Cook and Air Berlin's joint decision to ground the airline's merger with ...

Thomas Cook scraps plans to merge Condor with Air Berlin
InTheNews.co.uk, UK - 4 hours ago
Thomas Cook has abandoned its plans to merge its German airline Condor with Air Berlin after the country's competition regulator raised concerns. ...

Air Berlin, Condor nix planned merger
Conde Nast Portfolio, NY - 4 hours ago
Air Berlin PLC says it is calling off its planned takeover of airline Condor, blaming the high cost of jet fuel among other factors. ...

Thomas Cook, Air Berlin ditch Condor sale: statement
Maktoob Business (press release), United Arab Emirates - 4 hours ago
The British travel group Thomas Cook has dropped plans to sell its German unit Condor to low-cost airline Air Berlin, and has also suspended a share ...

Fuel spike hits Berlin-Condor deal
This is Nottingham, UK - 5 hours ago
Plans by German carrier Air Berlin to buy a majority stake in Thomas Cook's charter airline Condor have been scrapped due to soaring jet fuel costs. ...

Thoms Cook scraps merger and suspends buy-backs
CityWire.co.uk, UK - 6 hours ago
By Nicholas Paler | 09:18:17 | 11 July 2008 Thomas Cook has cancelled the proposed merger of it's German airline operation with Air Berlin after stating the ...

Air Berlin takeover of Thomas Cook's Condor collapses
Earthtimes (press release), UK - 6 hours ago
Berlin - The planned takeover of Thomas Cook's Condor airline by budget carrier Air Berlin has collapsed, both sides announced Friday, saying they had ...

DJ Condor (News) take-over called off
FinanzNachrichten.de, Germany - 7 hours ago
=------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for ...

AIR BERLIN PLC / JOINT VENTURES/COOPERATION/COLLABORATION / AIR ...
Ad-Hoc-News (Pressemitteilung), Germany - 8 hours ago
Air Berlin PLC / Joint Ventures/Cooperation/Collaboration = Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of ...

Tempus: Nuclear option - Times Online

noreply@blogger.com (jicnacho) — Fri, 11 Jul 2008 13:11:00 +0000

Areva-led team wins Sellafield clean-up deal
Financial Times, UK - 1 hour ago
By Rebecca Bream, Utilities Correspondent A consortium of Areva, the French nuclear group, Washington Group of the US and Amec, the UK engineering company, ...

Areva, Partners Preferred for UK Nuclear Contract (Update2)
Bloomberg - 1 hour ago
By Paul Dobson July 11 (Bloomberg) -- Areva SA, the world's biggest maker of nuclear reactors, and partners Amec Plc and URS Corp. ...

URS group preferred bidder in UK nuclear contract
MarketWatch - 1 hour ago
By Simon Kennedy, MarketWatch LONDON (MarketWatch) -- A consortium of engineering firms including URS Corp., Britain's Amec and France's Areva has been ...

US-UK-French consortium selected as preferred bidder for Britain's ...
International Herald Tribune, France - 1 hour ago
AP LONDON: A consortium from France, Britain and the United States has been chosen as preferred bidder to manage Britain's nuclear waste reprocessing ...

NDA chooses Nuclear Management Partners as preferred bidder for ...
Forbes, NY - 1 hour ago
LONDON (Thomson Financial) - The UK's Nuclear Decommissioning Authority has chosen Nuclear Management Partners, a consortium of Washington International ...

REFILE-UPDATE 1-UK Sellafield contract won by URS-led consortium
Reuters - 2 hours ago
LONDON, July 11 (Reuters) - Britain's Nuclear Decommissioning Authority (NDA) has awarded the contract to manage nuclear sites at Sellafield to a consortium ...

International consortium wins Sellafield clean-up contract
guardian.co.uk, UK - 2 hours ago
The bid for one of the most lucrative contracts ever awarded by the government, to run the UK's biggest nuclear site, was won today by a consortium of US, ...

Decision On Nuclear Site
Sky News, UK - 2 hours ago
A consortium including British firm Amec has been chosen as the preferred bidder to run the Sellafield nuclear site in Cumbria, the Nuclear Decommissioning ...

Group wins £17bn Sellafield job
BBC News, UK - 3 hours ago
A consortium, including the UK's Amec, has been named as the government's preferred choice to clean up and run the Sellafield nuclear site in Cumbria. ...

Amec consortium wins £6.5bn Sellafield clean-up contract
Times Online, UK - 3 hours ago
A consortium including British engineering group Amec, French nuclear giant Areva and Washington International, the US contractor, has won the £6.75 billion ...

URS-Led Team Named as Preferred Bidder for Sellafield UK Nuclear ...
MarketWatch - 3 hours ago
, , ) today announced that an international team led by the company's Washington Division has been named the preferred bidder and has been selected to begin ...

Washington Group wins Sellafield clean-up
Telegraph.co.uk, United Kingdom - 3 hours ago
By Katherine Griffiths The £17bn-plus contract to clean up the Sellafield nuclear site in West Cumbria has been won by a consortium including Washington ...

Nuclear contract bidder revealed
The Press Association - 12 hours ago
One of the most lucrative contracts ever awarded by the Government is due to be revealed with an announcement of the preferred private sector bidder to run ...

Fears for safety and jobs as bidders jostle for Sellafield contract
guardian.co.uk, UK - 13 hours ago
A preferred bidder for the biggest ever public procurement contract - potentially worth £17bn and considerably larger than the Olympic games - is to be ...

Sellafield to be taken private this week
Times Online, UK - 18 hours ago
The management of Sellafield, Britain’s key nuclear reprocessing site, will go into private hands on Friday when a contract to run the site is awarded. ...

Sellafied selects new consortium as preferred bidder
Westmorland Gazette, UK - 1 hour ago
By News Release » Nuclear Decommissioning Authority today announced that Nuclear Management Partners Ltd, consisting of Washington International Holdings ...

URS - Led Team Named Preferred Bidder For Sellafield Nuclear ...
RTT News, NY - 1 hour ago
(RTTNews) - Friday before the bell, technical services company URS Corp. (URS: News, Chart, Quote ) announced that an international team led by the ...

AMEC wins £7bn Sellafield clean-up job
Management Today, UK - 1 hour ago
The Nuclear Decommissioning Authority said today that the £1.3bn-a-year contract to clean up (and run) the nuclear waste facility at Sellafield has been ...

Areva, Partners Preferred Bidder For Sellafield
EasyBourse.com, France - 2 hours ago
Edited Press Release PARIS -(Dow Jones)- French nuclear group Areva (CEI.FR) said Friday its joint venture Nuclear Management Partners, or NMP, ...

Amec glows after Sellafield contract win
ShareCast, UK - 2 hours ago
By Lee Wild LONDON (SHARECAST) - An international consortium including British engineering firm Amec has won the £6.75bn five-year contract to clean up the ...

UPDATE: AMEC, Areva Consortium Ahead On UK Nuclear Cleanup
EasyBourse.com, France - 2 hours ago
By James Herron Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- A consortium including AMEC PLC (AMEC.LN), Areva (CEI.FR) and Washington International Holdings ...

Sellafield contract won by URS-led consortium - Reuters UK

noreply@blogger.com (jicnacho) — Fri, 11 Jul 2008 11:10:00 +0000

Consortium in Sellafield bid
The Press Association - 45 minutes ago
A consortium of three firms from the US, UK and France was named as the preferred bidder for a lucrative, multibillion-pound contract to run the UK's ...

Bidders wait for decision on Sellafield outsourcing
Telegraph.co.uk, United Kingdom - 12 hours ago
By Russell Hotten, Industry Editor A multi-billion-pound contract to outsource the running of Britain's biggest nuclear site to a private company is ...

Deal On Nuclear Plant Revealed
Sky News, UK - 1 hour ago
Use the drop down menu below to filter stories and videos the way you want - when you want it! A consortium including British firm Amec has been chosen as ...

Washington Group wins Sellafield clean-up contract
Telegraph.co.uk, United Kingdom - 1 hour ago
By Katherine Griffiths The £17bn-plus contract to clean up the Sellafield nuclear site in West Cumbria has been won by a consortium including Washington ...

Nuclear contract bidder revealed
guardian.co.uk, UK - 10 hours ago
One of the most lucrative contracts ever awarded by the Government is due to be revealed with an announcement of the preferred private sector bidder to run ...

URS-Led Team Named as Preferred Bidder for Sellafield UK Nuclear ...
PR-Inside.com (Pressemitteilung), Austria - 1 hour ago
- URS Corporation (NYSE: URS) today announced that an international team led by the company's Washington Division has been named the preferred bidder and ...

NDA chooses Nuclear Management Partners as preferred bidder for ...
Hemscott, UK - 1 hour ago
LONDON (Thomson Financial) - The UK's Nuclear Decommissioning Authority has chosen Nuclear Management Partners, a consortium of Washington International ...

Angry Fortis investors may hit - Wall Street Journal

noreply@blogger.com (jicnacho) — Fri, 11 Jul 2008 05:11:00 +0000

Fortis chief's future in doubt
Financial Times, UK - 4 hours ago
Jean-Paul Votron's future as chief executive of Fortis is in doubt as the board of the Belgo-Dutch financial services group meets today to discuss ...

Shareholder anger could force out Fortis boss
guardian.co.uk, UK - 5 hours ago
Jean-Paul Votron, Fortis chief, is set to become the latest senior banking executive to lose his job because of the crisis afflicting the sector. ...

Fortis chief Jean-Paul Votron poised to quit over purchase of ABN Amro
Times Online, UK - 7 hours ago
Jean-Paul Votron was thought to be preparing his resignation as chief executive of Fortis yesterday, weeks after the bancassurer infuriated investors by ...

Fortis chief's job on the line as board meets
International Herald Tribune, France - 10 hours ago
AMSTERDAM: The board of Fortis, Belgium's largest financial services company, is holding a special meeting Friday, and Jean-Paul Votron, the chief executive ...

NEWSMAKER-Fortis boss Votron may lose job after ABN victory
Reuters - 13 hours ago
By Philip Blenkinsop BRUSSELS, July 10 (Reuters) - Fortis (FOR.BR: Quote, Profile, Research) Chief Executive Jean-Paul Votron is on a knife edge. ...

Focus will be on rebranding bank in India, retaining talent
Livemint, India - 11 hours ago
Mumbai: Meera Sanyal took over the reins of ABN Amro Bank NV in India as executive vice-president and country executive in December soon after Royal Bank of ...