The UK News
TheUKNews.com Friday 3rd September 2010 Volume 0246/2010
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Large-sized Mini to hit the streetsLarge-sized Mini to hit the streets
The Mini family is about to get a new member with the upsized Countryman...


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Royal Mail introduces electronic stampRoyal Mail introduces electronic stamp
Britain’s royal Mail has sold its first "intelligent"...
American and British Airways to coordinate frequent flyer American and British Airways to coordinate frequent flyer
American Airlines, British Airways and Iberia have been discussing how they will work together now that European regulators have allowed them to...
BP says failed blowout preventer off Gulf well
Part of the containment cap is pictured in this video grab from a BP live video feed at the site of the BP Macondo well in the Gulf of Mexico, taken and released on September 2,...
European Markets Close Higher; FTSE At 3-Month High
(RTTNews) - European shares ended the week on a strong note Friday, getting a boost from better-than-expected employment data from the US.The UK's FTSE 100 Index added 57.11 points or 1.06% to...
Media Advisory: MP Ed Fast to Make Inter-Action Funding Announcement for the City of Abbotsford
On behalf of the Honourable Jason Kenney, Minister of Citizenship, Immigration and Multiculturalism, Ed Fast, Member of Parliament for Abbotsford, will make...
Montagu gears up for 2.3 billion eur new fund - sources
LONDON (Reuters) - Private equity firm Montagu is gearing up to raise its next fund after filling investors' pockets with more than 1 billion euros (834 million pounds) over the last 18 months,...
Glance-US jobs data lifts FTSE to 4-month closing high
By Dominic Lau LONDON, Sept 3 (Reuters) - Britain's leading share index hit a near four-month closing high on Friday after a better-than-expected U.S. jobs report eased concerns of the world's...
Poised for a risk rally?
LONDON (Reuters) - With little fanfare, equity markets have started to rally, investors have become sated with government bonds and cash levels are high enough to prompt a search for better...
Swift Anglo Irish closure would be too costly - PM
DUBLIN (Reuters) - Moving swiftly to wind up nationalised Anglo Irish Bank ANGIB.UL could cost 70 billion euros (58 billion pounds) or more and would not be in the taxpayers' interest, Prime Minister...
Home Retail Group on course for FTSE relegation
Argos and Homebase owner Home Retail Group is set to lose its blue-chip status when the latest quarterly review of the FTSE 100 Index takes place next week.The ’yo-yo’ company has bounced between...
DVD: While The City Sleeps
This was released into cinemas at the same time as Sex and the City 2. While the latter was crucified by critics, the former was met with a so-so reception. Although you could run a horse...
Carluccio’s shares soar after Landmark takeover
ITALIAN restaurant chain Carluccio’s has agreed to a £90.3m takeover by Middle Eastern retail giant Landmark Group, it was announced yesterday. Landmark, which has its headquarters in...
U.S. payrolls fall less than expected in August
WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on...
Glance-FTSE hit more than 3-week high before US jobs data
By Dominic Lau LONDON, Sept 3 (Reuters) - Britain's leading share index hit a more than three-week high on Friday as the market looks beyond a weak employment picture in the United States after...
Spain extradition order for man accused of girlfriend's murder
A judge today ordered the extradition of a British man wanted in Spain over the murder of his girlfriend. Christopher Chittock, 36, of Ipswich, was detained on a European arrest warrant last...
'Grim' outlook for building industry as orders fall
Britain's building industry was facing a bleak future today after construction orders suffered a dramatic 14% fall between April and June. The slide was led by public and private housing...
Metro Bank ahead of targets on new accounts
LONDON (Reuters) - Metro Bank, Britain's first new high street retail bank in more than 100 years, said on Friday it was ahead of its own targets for new account openings at its flagship...
Euro zone July retail sales rise for third month
BRUSSELS (Reuters) - Euro zone retail sales increased for a third successive month in July, offering more signs that consumers are opening their wallets and boosting the chances of the economic...
Glance-FTSE up for sixth day, U.S. payrolls in focus
By Simon Falush LONDON, Sept 3 (Reuters) - Slim gains from miners and energy firms nudged Britain's top share index slightly higher on Friday, but moves were muted ahead of closely watched August...
Burger King swallowed up in whopper purchase
"I DIDN'T go in a Burger King," said Vincent Vega (John Travolta) to Jules (Samuel L Jackson) as they sped along in Quentin's Tarantino's cult movie Pulp Fiction talking about the...
Investors braced for worst in US jobs market
Investors are bracing themselves for another grim snapshot of the US labour market today, when the government is expected to confirm that unemployment is again on the rise.The release of monthly US...
ECB chief urges Irish to sort out bank fiasco
Anglo Irish Bank is Ireland's responsibility, European Central Bank governor Jean-Claude Trichet said yesterday, as he urged the Government to take decisions on public spending and the banks. The...
Help bridge the gender 'pay gap', firms urged
Firms were urged to examine their wage systems to make sure they comply with equal pay laws amid the continued gap between the earnings of men and women.The Equality and Human Rights Commission...
Government gives 'serious thought' to granting tax powers to Executive
The Government has confirmed it is seriously considering giving the Stormont Executive powers to lower corporation tax in Northern Ireland.Secretary of State Owen Paterson said the "possibility" was...
TVs and iPads drive up sales by 6% at Currys
The group behind Currys and PC World said first quarter sales leapt 6% thanks to a World Cup boost for televisions and strong demand for Apple's iPad.DSG International - soon to change its name to...
Travel agent seals public sector deal
Corporate travel specialists FCm Travel Solutions has been awarded a framework agreement by the procurement partner for UK public services.The company, which opened an office in Belfast in 2007,...
RBS chiefs slash another 3,500 jobs
Royal Bank of Scotland is axing another 3,500 jobs under plans to more than halve the bank's administration centres across the UK, it was announced today.Part-nationalised RBS, which owns Ulster...
Surge in mortgage defaulters in South
A sharp rise in the number of families in the Republic unable to repay their mortgages is being viewed as a sign the mortgage crisis is worsening. 'MORTGAGE misery' has become a constant...
Manufacturing sector hits nine-month low
Manufacturing in the UK dipped to a nine-month low in August.The Chartered Institute of Purchasing and Supply's (CIPS) activity index, where a reading over 50 indicates growth, slipped to 54.3 last...
Economy is on the critical list, so be careful with this patient
There's a curious feeling of the phoney war about the Government's austerity drive. Beyond the inevitable softening-up exercises and a couple of early bombs dropped in the "emergency" Budget, the...
EasyJet tycoon to launch gym chain
Serial entrepreneur Sir Stelios Haji-Ioannou announced plans to expand his empire with the launch of no-frills fitness club chain easyGym.The easyGroup tycoon has teamed up with private equity-backed...
Record label woes can't halt Vivendi profits
Major sales for the likes of pop diva Lady Gaga and Florence & the Machine failed to prevent falling half-year revenues at record label Universal Music. Universal Music Group saw sales drop 5.4%...
New store openings in shopping mall create 22 jobs
Two new stores have been welcomed to a Co Armagh shopping mall signalling at least 20 new jobs.Rushmere Shopping Centre announced the arrival of the retail arm of mobile phone giant O2 and fashion...
Insurer cuts 600 jobs as new boss wields axe
Up to 600 jobs are being cut at life and pensions group Standard Life. Of the 95 regional job losses, Standard Life's Bristol and Birmingham offices will be the hardest hit, with 25 and 15 job cuts...
Profits plummet 25% at Bombardier Aerospace
The parent company of Shorts Bombardier in east Belfast has posted a drop in profits of more than 25%.But industrial giant Bombardier Aerospace, which employs 5,000 people in the city, qualified the...
Equipment firm buoyed by deal
A survival equipment group with a base in Co Antrim has announced a new acquisition. Survitec, which employs 252 people at RDF Beaufort in Dunmurry, bought the business of Seaweather (Parker...
What is Small Business Can?
The aim of smallbusinesscan is to generate growth for business and create a new beginning for the economy. Imagine what could be accomplished if business people across the island of Ireland...
Glacial Energy Agrees to Supply the Electricity for the City of Nauvoo, IL
- The Nauvoo city council recently approved entering into an agreement with Glacial Energy to buy the city's electricity on a month-to-month basis. Nauvoo is a small charming city of over 1,000...
August services PMI falls to 16-month low
The headline Markit/CIPS services purchasing managers' index dropped to 51.3 in August from July's 53.1, a much sharper fall than the decline to 52.9 forecast in a Reuters...
HSBC warns bank break-up could force exodus
Stuart Gulliver, head of investment banking, said HSBC was "genuinely concerned" that a government appointed commission would recommend big banks must split retail banking from riskier investment...
John Lewis shoppers shrug off austerity fears
LONDON (Reuters) - Customers of John Lewis JLP.UL are showing few signs of reining in spending in the face of prospective tax rises and employment uncertainty with the firm posting another week of...
Emerging markets must embrace new bank rules - Wellink
SEOUL (Reuters) - The head of the Basel Committee on Banking Supervision urged emerging market economies on Friday to adopt news rules on bank capital even though they may feel they have sufficient...
Security company EADS to advise e-Crime Wales
Sion Barry , Western Mail EADS Defence and Security of Newport is providing expertise to e-Crime Wales. The company is a leading partner in the defence and global security markets and a leading...
Business mentor plan deserves WAG support
I have found that people suggesting a national tendency towards being inward-looking and lacking in confidence are almost always Welsh. I not sure whether they would also assign these attributes to...
Finalists in search for Wales’ top green venture named
Sion Barry , Western Mail THREE finalists can be named today in the search to crown Wales’ most environmentally friendly businesses. The finalists in the Go Green Business category in the...
Care recruitment firm opens Newport branch
Sion Barry , Western Mail AN expanding specialist recruitment firm has opened a branch in Newport. Completely Care Recruitment Consultants provides temporary and permanent staff for the health,...
Life’s just perfect for catering company after contract wins
Sion Barry , Western Mail A BRIDGEND catering company has created 40 jobs after a series of contract wins. Just Perfect Catering was established by Louise Samuel as a sole trading business last...
Pension scheme liabilities soar to a record high
Sep 3 2010 Western Mail THE liabilities faced by defined benefit pension schemes soared to a record high during August as market conditions continued to deteriorate, research indicated yesterday. ...
RBS axes another 3,500 jobs
Sep 3 2010 Western Mail ROYAL Bank of Scotland is axing another 3,500 jobs under plans to more than halve the bank’s administration centres across the UK, it was announced yesterday. ...