Business Headlines
Site: Business - Google NewsHong Kong Tycoon Buys EDF's UK Networks - Sky News
 Reuters India | Hong Kong Tycoon Buys EDF's UK Networks Sky News A consortium of companies led by Asia's richest businessman has won a bid to buy the UK distribution networks of the French electricity provider EDF for £5.8bn. Hong Kong billionaire Li Ka-Shing beat off rival bids from Scottish and Southern Energy as ... EDF agrees £5.8bn sale of UK networks to Li Ka-Shing Cheung Kong Infrastructure: Studying Several Projects; No Funding Pressure EDF sells UK power network for $9 billion |
TalkTalk to launch mobile phone service - The Guardian
 Reuters UK | TalkTalk to launch mobile phone service The Guardian Internet and phone firm TalkTalk has struck a deal with Vodafone to launch a mobile service under its own brand. TalkTalk, which helped revolutionise the broadband market by introducing "free" internet access four years ago, will offer both contract ... TalkTalk signs deal with Vodafone TalkTalk Signs Vodafone Deal As Revenue Rises Talk Talk and Vodafone tie up on mobile broadband |
BA suffers £164m first quarter loss due to strikes and ash cloud - The Guardian
 Daily Mail | BA suffers £164m first quarter loss due to strikes and ash cloud The Guardian The disruption caused by the volcanic ash cloud in the spring coupled with the effects of a bitter dispute with its own cabin crew knocked British Airways into a £164m loss over the past three months. BA said its recovery remains on track despite the ... British Airways First-Quarter Loss Widens on Cabin-Crew Strikes, Ash Cloud Strikes and ash take their toll on BA BA sees full-year breakeven despite Q1 loss |
'Boris Bikes' Launch Despite 'Many Concerns' - Sky News
 BBC News (blog) | 'Boris Bikes' Launch Despite 'Many Concerns' Sky News Boris Johnson's flagship cycle hire scheme for London is being launched by the Mayor with more than 11000 people already signed up. To view this content you need Flash and Javascript enabled in your browser. Please download Flash from the Adobe ... London cycle scheme could spread across UK On your bike, Boris: Mayor warns of 'teething problems' as he launches London ... Cycle hire launch 'a new dawn' |
Business lobby shuns retirement age change - The Guardian
 Channel 4 News | Business lobby shuns retirement age change The Guardian Government plans to scrap the default retirement age will hamper the efforts of businesses to beat the recession and risk causing rifts among staff, employers claimed yesterday. In a push to adapt employment laws to the costs of longer life ... Government plans to scrap retirement at 65 'will line pockets of lawyers' Scrapping retirement age opens 'Pandora's box' of tribunal claims No forced retirement at 65 |
Rentokil keeps full-year goals despite pricing pressures - Daily Mail
 Daily Mail | Rentokil keeps full-year goals despite pricing pressures Daily Mail By Mail Online Reporter Cleaning and pest control group Rentokil Initial maintained on Friday its full-year guidance despite tough trading conditions across several markets. The company said that intense competition had squeezed sales amid a 'continued ... Rentokil H1 pretax profit up on cost controls Rentokil cost-cutting drives 39% profits rise Rentokil Keeps Guidance Despite Challenging Trading |
Divorce ruling set to transform 'big money' cases - Financial Times
 Telegraph.co.uk | Divorce ruling set to transform 'big money' cases Financial Times Estranged wives in “big money” divorce cases will be barred from using secretly obtained documents in an attempt to prove their husbands are hiding assets that could be included in a divorce settlement, ... Man from Del Monte can keep his fortune hidden Covertly found assets no longer valid in divorce Landmark ruling on divorce cases |
FSA unveils tough new pay and bonus code - Financial Times
 The Guardian | FSA unveils tough new pay and bonus code Financial Times By Megan Murphyand Brooke Masters The UK's financial regulator has dramatically expanded the number of companies that will be subject to tough restrictions on pay and bonuses, extending its rules to cover most hedge funds and investment managers as ... FSA brings Mifid advisers and wealth managers under remuneration code New FSA pay rules to cover 2500 firms Big earners are still safe in their glass towers |
Consumer confidence lowest in 11 months - ShareCast
 Telegraph.co.uk | Consumer confidence lowest in 11 months ShareCast LONDON (SHARECAST) - Fragile UK consumer confidence waned further in July, raising the prospect that the UK economy might experience a double-dip recession after all. The GfK NOP index of consumer sentiment eased to -22 from -19 in June, ... Britons' fears raise double-dip recession chance - papers Britons' fears raise double-dip recession chance U.K. Consumer Confidence Falls to Lowest in Almost a Year on Budget Cuts |
People power to veto council tax rises - LocalGov
 The Guardian | People power to veto council tax rises LocalGov Following on from a commitment to help local authorities freeze council tax, the Department for Communities and Local Government (CLG) said it would give local people the final say in a vote on the rises. Despite the CLG claiming the move would replace ... Power to people over council tax Council tax 'vetoes' on offer Residents get council tax hike veto |
