Business Headlines
Site: Google News U.K. - BusinessUS steps in to rescue failing home loan giants - guardian.co.uk
 Wall Street Journal | US steps in to rescue failing home loan giants guardian.co.uk - The United States government last night announced the biggest financial bailout in the country's history, as it took the troubled American mortgage giants Freddie Mac and Fannie Mae into temporary public ownership to save them from collapse. Video: Feds Take Over Mortgage Giants Bush bails out US mortgage giants |
FSA engineers Cheshire Building Society takeover - Telegraph.co.uk
 Times Online | FSA engineers Cheshire Building Society takeover Telegraph.co.uk - By Ben Harrington The Financial Services Authority (FSA) has moved to avert another financial crisis by engineering Nationwide's acquisition of the Cheshire Building Society. Nationwide in advanced talks with two rivals Nationwide confirms Cheshire, Derbyshire takeover plan |
Brown pledges to square up to hard truths - guardian.co.uk
 Christian Science Monitor | 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 |
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 Rich still getting richer – but more slowly |
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` |
New giant poised for the European stage - Financial Times
New giant poised for the European stage Financial Times - By Baptiste Aboulian German insurer Allianz’s acquisition of fund manager Cominvest is set to create a new giant in the European asset management industry. German merger set to open the consolidation floodgates Dresdner Bank price 'not cheap but fair' - Blessing |
Pubs closing for business at a rate of 36 per week - Independent
Pubs closing for business at a rate of 36 per week Independent - By Martin Hickman, Consumer Affairs Correspondent Pub closures have soared to a record high - 36 a week - as drinkers choose to buy cut-price alcohol for consumption at home. Five pubs closing every day as landlords struggle with high taxes ... FIVE pubs now closing a day |
Retail: M&S creates climate of fear, claims worker who blew whistle - guardian.co.uk
 Times Online | Retail: M&S creates climate of fear, claims worker who blew whistle guardian.co.uk - The employee sacked by Marks & Spencer for leaking details of cuts in redundancy payments has accused the company of operating in a "climate of fear" by monitoring private phone calls and keeping tabs on people's emails. Marks & Spencer conducts surveillance on staff Whistlebower`s calls `monitored` |
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 |
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 |
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 |
Movers and shakers - Financial Times
Movers and shakers Financial Times - ● Mirae Asset Global Investments has hired Elliot Berman as senior manager for European distribution from Morley Fund Management. Time is ripe for activist investors to stir the pot |
Lehman announces senior management changes - Reuters
 Times Online | Lehman announces senior management changes Reuters - NEW YORK (Reuters) - Lehman Brothers Holdings Inc said on Sunday it has named Eric Felder and Hyung Soon Lee as global co-heads of fixed income, following the departure of current global head Andrew Morton. Business big shot: Jeremy M. Isaacs Jeremy Isaacs to step down at Lehman |
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 |
Richard Moore's Almanac: Cash call to stop Scottish athletes ... - Scotsman
 Telegraph.co.uk | Richard Moore's Almanac: Cash call to stop Scottish athletes ... Scotsman - THERE was a subtle but significant change of emphasis and tone in the speech made by First Minister Alex Salmond during Friday's reception to honour Scotland's Olympians. Conservative win would ‘fuel support for independence’ Scotland: Alex Salmond faces battle over plan to scrap council tax |
Credit Crunch: Now even the tooth fairy is feeling the pinch - Scotsman
 MSN Money UK | Credit Crunch: Now even the tooth fairy is feeling the pinch Scotsman - By FIONA MacLEOD IT HAS forced banks to reveal massive losses, caused house prices across the world to tumble and led the global economy to the brink of recession. Tooth fairy gives less during credit crunch Tooth fairy bitten by credit crunch |
Taxpayers face £3.5bn pensions bill - Telegraph.co.uk
Taxpayers face £3.5bn pensions bill Telegraph.co.uk - By Yvette Essen, Pensions Correspondent Taxpayers face an extra £3.5bn a year bill to fund a two-tier pension system that gives public sector workers vastly superior retirement benefits to those working in private companies. Public sector pensions bill double the official figure |
The Week Ahead: Market braced for more retail and construction woes - Scotsman
The Week Ahead: Market braced for more retail and construction woes Scotsman - By Hamish Rutherford ASSOCIATED British Foods is expected to paint a picture of sharply contrasting fortunes from different part of its business this week as it gives a trading update - with food price increases and the performance of its budget ... UK business calendar: Sept 08 - 12 |
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. Can BT's fibre keep you moving? |
Struggling MFI considers merger - Telegraph.co.uk
Struggling MFI considers merger Telegraph.co.uk - By Ben Harrington The company and its backers, Merchant Equity Partners (MEP), are reviewing strategic options for the business following a decline in sales over the past couple of months. MFI's owners exploring new investment – or 'combination' |
