Provides the latest RSS feeds for UK Business News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page The UK News.com http://www.theuknews.com/index.php/ct/10/id/0f440bf3fff89f01/ en-us Thu, 28 Aug 2008 16:39:16 -0400 Thu, 28 Aug 2008 16:39:16 -0400 30 The US economy expanded at a stronger-than-first-reported 3.3 per cent annual rate in the second quarter, as consumer spending and net exports were more robust than initially estimated and inventori... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17289976/ Thu, 28 Aug 2008 15:52:51 -0400 The Independent http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17289976/ Hundreds of passengers were stranded at airports in the UK yesterday after Zoom, the low-cost transatlantic airline, suspended all operations after failing to pay its bills. The Anglo-Canadian ai... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17289978/ Thu, 28 Aug 2008 16:07:39 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17289978/ TORONTO (Reuters) - Canada's Zoom Airlines, a low-cost transatlantic carrier, has begun insolvency proceedings after high fuel costs and a downturn in the economy pushed it to cancel all flights, it s... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17289977/ Thu, 28 Aug 2008 15:33:03 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17289977/ Thomas the Tank Engine has set a new world record by travelling along the longest ever train set track. Tomy, the company behind the toy version, built the track which measures more than a mile at t... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17289979/ Thu, 28 Aug 2008 15:03:30 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17289979/ Aer Lingus, the Irish airline, said today that severe cost cutting would be needed for the business to remain viable in an environment of high costs and falling demand from passengers. The Irish ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285032/ Thu, 28 Aug 2008 13:07:32 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285032/ The FTSE 100 Index reached its highest point for nearly two months today as better-than-expected US growth figures cheered traders.The London market added 73.1 points to 5601.2 after the surprise news... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285016/ Thu, 28 Aug 2008 12:48:43 -0400 Breaking News.ie http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285016/ Aug 28 2008 By Sion Barry, Media Wales The FTSE 100 Index reached its highest point for nearly two months today as better-than-expected US growth figures cheered traders. The London market added ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285025/ Thu, 28 Aug 2008 12:35:17 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285025/ Aug 28 2008 Sion Barry Media Wales KPMG INTERNATIONAL has been unveiled as the official partner to the 2010 Ryder Cup, which will be held at the Celtic Manor Resort in Newport. The deal extends K... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285026/ Thu, 28 Aug 2008 12:35:16 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285026/ Aug 28 2008 House prices are falling at their fastest rate for nearly 18 years as potential buyers stay away from the market. The average cost of a home in the UK has dropped by 10.5% during the 12 ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285029/ Thu, 28 Aug 2008 12:35:14 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285029/ Aug 28 2008 by Sion Barry, Western Mail EMPLOYERS’ organisation CBI Wales has appointed 11 new members in a move which has created its largest-ever governing council. The council, which is ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285028/ Thu, 28 Aug 2008 12:35:13 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285028/ The American economy was more robust in the second quarter than previously reported, according to revised figures that show growth of gross domestic product for the period was 3.3 per cent, ahead of... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285030/ Thu, 28 Aug 2008 13:07:38 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285030/ Ministers want the nuclear power generator and EDF to agree a deal as soon as possible, the Daily Telegraph quoted Business Secretary John Hutton as saying on Thursday. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285020/ Thu, 28 Aug 2008 12:34:16 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285020/ FRANKFURT (Reuters) - Major central banks are working on new rules to bolster global liquidity flows in times of crisis by accepting assets denominated in foreign currencies, a Group of Ten central ba... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285021/ Thu, 28 Aug 2008 12:34:14 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285021/ Zoom, the Canadian low cost transatlantic airline, has been grounded by the Civil Aviation Authority (CAA) for failing to pay air traffic control fees, stranding hundreds of passengers. One of th... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285031/ Thu, 28 Aug 2008 13:07:34 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285031/ LONDON (Reuters) - E.ON UK is to appeal against a local government refusal to grant planning permission for a wind farm at Auchencorth Moss in Scotland, the German-owned utility said on Thursday. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285022/ Thu, 28 Aug 2008 12:34:13 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285022/ India's biggest oil producer agreed a 1.4 billion pounds takeover of Imperial on Tuesday, beating Sinopec, which was widely speculated to be the London-listed company's second suitor. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285023/ Thu, 28 Aug 2008 12:34:11 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285023/ "There is a rumour of a 500 pence (per share) bid on Sainsbury," a trader said on Thursday, but he had no other information on the potential bidder. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285024/ Thu, 28 Aug 2008 12:34:10 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285024/ A protege of Gordon Ramsay has stolen his foul-mouthed mentor's crown to turn out the best food of any top-end London restaurant, according to an annual guide. Marcus Wareing's Petrus restaurant now... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285033/ Thu, 28 Aug 2008 12:02:42 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17285033/ Credit Agricole, the French bank, today became the country's biggest casualty of the credit crisis after writing down an additional €1.3 billion (£1 billion) which sent Calyon, its corpor... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279917/ Thu, 28 Aug 2008 09:55:34 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279917/ Stronger banking stocks helped shelter the London market from concerns about the impact of tropical storm Gustav today.Financials recovered from a weak start after figures from France’s Credit Agric... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279892/ Thu, 28 Aug 2008 09:34:55 -0400 Breaking News.ie http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279892/ Independent News and Media (INM), the publishing group which owns The Belfast Telegraph, reported healthy growth in the first half of the year, buoyed by positive trading in its operations in India ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279901/ Thu, 28 Aug 2008 09:25:52 -0400 Belfast Telegraph http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279901/ America's biggest food workers' union has stepped up its pressure on Tesco's US operation, by reporting its ready-meals supplier in the US to a labour-relations tribunal yesterday for the alleged un... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279904/ Thu, 28 Aug 2008 09:25:48 -0400 Belfast Telegraph http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279904/ High street sales plunged to the lowest level in a quarter of century in August as wet weather and increased pressure on consumers' wallets deterred shoppers from splashing out. Some 60 per cent ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279913/ Thu, 28 Aug 2008 09:55:50 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279913/ Pendragon, the car dealership, today slashed its dividend after revealing a sudden freefall in the sale and price of new and used vehicles during June, dragging pre-tax profit for the first six mont... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279915/ Thu, 28 Aug 2008 09:55:41 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279915/ The wraps are set to be taken off a revised planning application for a £200m development at Sprucefield today — the centrepiece of which will be a John Lewis store. Joint venture ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279905/ Thu, 28 Aug 2008 09:25:47 -0400 Belfast Telegraph http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279905/ LONDON (Reuters) - Oil rose towards $120 a barrel on Thursday, its fourth day of gains, boosted by the threat of damage to U.S. oil installations from Tropical Storm Gustav. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279909/ Thu, 28 Aug 2008 09:18:33 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279909/ Research ) expects to make losses this year and next due to high fuel costs and a slowdown in consumer spending, which it said could threaten the long-term viability of its business. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279910/ Thu, 28 Aug 2008 09:18:32 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279910/ Toyota, the Japanese car giant, is set to slash production in half at its main British factory due to high fuel prices and the darkening economic climate. As part of plans announced today in Tokyo... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279914/ Thu, 28 Aug 2008 09:55:43 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279914/ "Group performance in the second half is now expected to be broadly similar to the first half. This compares to (previous) guidance when the group pointed towards a likely improvement in profits in H2... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279911/ Thu, 28 Aug 2008 09:18:30 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279911/ LONDON (Reuters) - Retail sales fell at their sharpest annual pace in at least a quarter of a century in August as the housing market contraction and wet weather hit retailers hard, a survey indicated... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279908/ Thu, 28 Aug 2008 09:18:36 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279908/ Research ) surged nearly 6 percent by 2:00 p.m. on Thursday as traders cited renewed market talk of bid interest from Zurich Financial Services (ZURN.VX: http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279906/ Thu, 28 Aug 2008 09:18:37 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279906/ Shire will instead wait for a key European study before pushing ahead with plans for a U.S. Phase III clinical trial of Juvista, Renovo's most important development product. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279912/ Thu, 28 Aug 2008 09:18:28 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279912/ Thousands of London bus workers are set to go on strike on Friday in a dispute over pay. The 24-hour walkout will start at 3am is expected to bring travel chaos to the capital. It involves 2,500 s... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279918/ Thu, 28 Aug 2008 08:48:59 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279918/ The woes of Johnston Press, the regional newspaper group, continued yesterday as it posted a 15.6 per cent fall in operating profits following a substantial fall in ad sales. The company, whi... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279902/ Thu, 28 Aug 2008 09:25:51 -0400 Belfast Telegraph http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279902/ Good business in Asia rescued first-half figures for international property broker Savills - but still could not save the group from a 41% drop in profits. The group announced underlying pre-tax pro... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279921/ Thu, 28 Aug 2008 08:48:58 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279921/ Apple has been rapped by authorities after it was ruled that an ad for the original iPhone breached regulations. A TV ad showed a user scrolling through various web pages before a voiceover said: "Y... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279920/ Thu, 28 Aug 2008 08:48:55 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279920/ A collection of teacups by renowned ceramics designer Clarice Cliff could fetch around £25,000 when it goes on sale. More than 100 teacups will go up for auction at Bonhams in London on September 2... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279919/ Thu, 28 Aug 2008 08:48:54 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17279919/ Henderson took investors by surprise today as it revealed that Roger Yates, its chief executive for the past nine years, would be stepping down to take a sabbatical for the next year. It came alo... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275852/ Thu, 28 Aug 2008 06:15:47 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275852/ How much compensation should be paid to someone whose life is blighted after being wrongly accused or even convicted and jailed for murder? Colin Stagg, who suffered years of abuse after being wro... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275855/ Thu, 28 Aug 2008 06:15:38 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275855/ UP to 13m households, or about half of all energy customers, have never switched suppliers and could save an average £200 — and in some cases as much as £500 — according to c... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275854/ Thu, 28 Aug 2008 06:15:40 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275854/ LONDON (Reuters) - Kazakh miner Kazakhmys posted a 21 percent fall in first-half earnings per share on Thursday as bad weather hit output, outweighing higher prices. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275847/ Thu, 28 Aug 2008 05:43:07 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275847/ Research ) posted a 35 percent rise in first half profit on Thursday and said it expected further progress during the rest of the year, although it might continue to see some areas of weakness. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275848/ Thu, 28 Aug 2008 05:43:05 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275848/ Research ), the nation's biggest food manufacturer, reported a 4 percent rise in first-half pretax profit in line with expectations on Thursday but its shares fell on renewed concerns over its debt le... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275849/ Thu, 28 Aug 2008 05:43:04 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275849/ TUI Travel has been in talks with Lufthansa since the start of the year over a merger between its charter airline TUIfly and Germanwings. Thomas Cook joined the talks after German carrier Air Berlin (... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275851/ Thu, 28 Aug 2008 05:43:01 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275851/ Guinness and Smirnoff owner Diageo has unveiled a nine percent increase in its operating profit. It made just over £2.3bn in the year to June 30 compared to £2.12bn the year before. The drinks g... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275856/ Thu, 28 Aug 2008 05:16:36 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275856/ Holidaymakers tired of glossy hotel pictures which don't live up to reality have a new website at their disposal, and it could earn them money along the way. Tripr.tv features video clips of hotels ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275859/ Thu, 28 Aug 2008 05:16:34 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17275859/ Aug 28 2008 by Sion Barry, Western Mail THE Cardiff office of international law firm Eversheds will be backing their conductor in Saturday’s final the BBC 1’s Last Choir Standing compe... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272232/ Thu, 28 Aug 2008 02:53:30 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272232/ Aug 28 2008 by Our Correspondent, Western Mail THE chairman of the John Lewis Partnership yesterday ruled out job cuts at the group this year to weather the current squeeze. John Lewis, which own... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272228/ Thu, 28 Aug 2008 02:53:33 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272228/ LONDON (Reuters) - House prices fell 1.9 percent in the month of August to post their biggest annual drop since monthly records began in 1991, the Nationwide building society said on Thursday. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272224/ Thu, 28 Aug 2008 02:52:55 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272224/ Research ), the world's biggest alcoholic drinks group, posted a 7 percent rise in annual earnings on Thursday, but cut its profit growth target due to slower global economic growth. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272223/ Thu, 28 Aug 2008 02:52:54 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272223/ Aled Blake , Western Mail PRICE comparison website Moneysupermarket.com yesterday warned revenue growth is likely to slow in the current half year after reporting higher earnings. The company said... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272229/ Thu, 28 Aug 2008 02:53:32 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272229/ Research ), an oil, gas and mining engineer, reported an 87 percent jump in first-half, adjusted pretax profit to 90.4 million pounds on Thursday and raised its 2010 margin target. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272220/ Thu, 28 Aug 2008 02:52:48 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272220/ Grim evidence that the slide in the housing market is deepening emerged today as the Nationwide building society reported that prices were falling at their fastest annual rate in almost 18 years. ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272233/ Thu, 28 Aug 2008 03:24:58 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272233/ Aug 28 2008 by Sion Barry, Western Mail A CARDIFF car finance venture is the latest victim of the credit crunch following a decision to cease issuing new loans. The move will inevitably result in... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272230/ Thu, 28 Aug 2008 02:53:31 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272230/ Research ) met forecasts with a 59 percent rise in first-half profit on Thursday, driven by high bidding activity in its main markets, and said it expects to make strong progress in 2008. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272221/ Thu, 28 Aug 2008 02:52:49 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272221/ .FTSE is seen opening 6-11 points higher on Thursday, according to financial bookmakers, having closed up 57.4 points, or 1.1 percent at 5,528.1 in the previous session. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272225/ Thu, 28 Aug 2008 02:52:47 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272225/ LONDON (Reuters) - Pay deals eased slightly in the three months to July, but there are signs that wage settlements in some sectors could be starting to reflect surging living costs, a survey showed on... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272226/ Thu, 28 Aug 2008 02:52:45 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272226/ TOKYO (Reuters) - The United States, Europe and Japan planned joint intervention to rescue the dollar when it was plunging in March at the time U.S. investment bank Bear Stearns collapsed, the Nikkei ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272227/ Thu, 28 Aug 2008 02:52:44 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17272227/ HONG KONG (Reuters) - Oil prices climbed for a fourth day on Thursday on worries a storm may gather force to become the worst threat to U.S. offshore production since 2005, while the euro rose on toug... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17269329/ Thu, 28 Aug 2008 00:06:28 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17269329/ U.S. workers at the vice president level and higher will not receive salary increases for fiscal 2009, according to a memo posted on www.starbucksgossip.com and confirmed by a company spokeswoman on W... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17269330/ Thu, 28 Aug 2008 00:06:27 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17269330/ British economic growth ground to a halt between April and June, ending more than 15 years of continuous expansion, the government said Friday, as many fear the country is headed for recession. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17269328/ Wed, 27 Aug 2008 23:46:02 -0400 Gadsden Times http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17269328/ Brit Insurance, the Lloyd's of London underwriter, will decide within the next six months whether to move its tax headquarters away from Britain, increasing pressure on the Government to act to stem... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265715/ Wed, 27 Aug 2008 21:58:44 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265715/ WITH a set of tooth implants overseas costing up to £40,000 less than in Britain, “tooth tourism” is booming – and soon the cost could fall more – thanks to new Europea... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265718/ Wed, 27 Aug 2008 21:58:32 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265718/ Marks & Spencer has suspended the worker who blew the whistle on its proposals to cut redundancy terms for more than 60,000 staff. According to the GMB union, the employee, who has worked for ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265714/ Wed, 27 Aug 2008 21:58:42 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265714/ Natural resources Petrofac, the British oil services group, reported first-half net profits up by 57 per cent to $121.2 million (£66 million), from a year ago. Antofagasta, the London-listed ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265711/ Wed, 27 Aug 2008 21:58:49 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265711/ A growing number of people are looking for ways to supplement their incomes as the cost of living soars. There are various ways in which you can bring in a bit more money without spending too m... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265719/ Wed, 27 Aug 2008 21:58:30 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265719/ The completion of the Eurostar platform at St Pancras was seen by many observers of Costain to symbolise a new era for the company. Once a venerable British construction business, much of its recent... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265717/ Wed, 27 Aug 2008 21:58:36 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265717/ The chief executive of Segro has lambasted the Government's removal of business rate relief on empty commercial property, as it revealed a first-half loss of £315m from tumbling property valuati... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265703/ Wed, 27 Aug 2008 21:47:51 -0400 The Independent http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265703/ Johnston Press, owner of The Scotsman and the Yorkshire Post, admitted yesterday that newspaper advertising revenues had plunged 23 per cent in the first three weeks of August - the fastest rate of ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265713/ Wed, 27 Aug 2008 21:58:40 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265713/ BAA has been appointed as a security adviser to the organisers of the 2012 Olympic Games in a move that has been ridiculed by airlines, which have criticised the airports operator for long queues an... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265709/ Wed, 27 Aug 2008 21:58:52 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265709/ GfK, the German market information group, has pulled out of the running to take over Taylor Nelson Sofres (TNS), its UK counterpart, leaving Sir Martin Sorrell's WPP Group as the only (hostile) bid in... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265697/ Wed, 27 Aug 2008 21:47:58 -0400 The Independent http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265697/ The changes also help to address the concern that the non-execs were not independent enough. The departures of Larry Fish and Bud Koch mean that there are now no former executives on the board. The ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265716/ Wed, 27 Aug 2008 21:58:38 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265716/ Britain's economy is set to shrink over the next year as a deepening recession inflicts the first full-year fall in national income since 1991, a leading forecasting group predicts today. In a di... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265708/ Wed, 27 Aug 2008 21:58:54 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265708/ John McFarlane, the former chief executive of ANZ Bank, emerged yesterday as a front-runner to succeed Sir Tom McKillop as chairman of Royal Bank of Scotland (RBS). Mr McFarlane was named by the ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265712/ Wed, 27 Aug 2008 21:58:46 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265712/ View graphic: Taylor Wimpey's sweeteners to homebuyers Taylor Wimpey is selling less than half a house a week on each of its sites despite offering incentives with its new homes, it emerged yeste... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265710/ Wed, 27 Aug 2008 21:58:53 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265710/ Royal Bank of Scotland's appointment of three banking heavyweights to its non-executive board looks to have appeased critics angered by the bank's losses this year. Some analysts have warned, however,... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265704/ Wed, 27 Aug 2008 21:47:48 -0400 The Independent http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265704/ While all eyes have been on the debt-burdened US consumer and the moribund domestic housing market, many American businesses are continuing to operate in a bullish fashion. Figures released yeste... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265698/ Wed, 27 Aug 2008 21:48:00 -0400 The Independent http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265698/ His colleagues in the housebuilding industry won't thank him for his honesty, but Taylor Wimpey's chief executive, Pete Redfern, hit the nail on the head yesterday in admitting there is little the Gov... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265721/ Wed, 27 Aug 2008 21:47:41 -0400 The Independent http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265721/ City of London Corporation in a dispute over the alleged overpayment of rates. The firm has issued a writ filed with the High Court demanding £3m from the Corporation as well as damages and i... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265723/ Wed, 27 Aug 2008 22:01:17 -0400 AccountancyAge http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265723/ Moss Bros has reshuffled its board and revealed that the Gee family, one of its founding families, has all but sold its stake in the retail group. The branded suit retailer has promoted Ciaran Mc... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265706/ Wed, 27 Aug 2008 21:47:40 -0400 The Independent http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17265706/ Japan's powerful yakuza organised crime syndicates are mounting a widespread assault on the country's financial markets that may have left hundreds of listed companies riddled with mob connections. ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260997/ Wed, 27 Aug 2008 19:10:54 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260997/ Daniel Mudd, chief executive of Fannie Mae, was told last night that he still has the confidence of the rest of the board, as the chairman of the US mortgage giant ousted his finance director and hi... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260998/ Wed, 27 Aug 2008 19:10:53 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260998/ Real estate is not the only industry in Florida to be suffering from an economic blight. While the Sunshine State ranks as one of the foreclosure capitals of America, its huge citrus fruit industry ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260999/ Wed, 27 Aug 2008 19:10:51 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260999/ President Sarkozy will face accusations that he is turning his fiscal policy on its head today when he announces an increase in tax on investment revenue to finance a back-to-work programme. The ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17261000/ Wed, 27 Aug 2008 19:10:49 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17261000/ NEW YORK (Reuters) - U.S. and European stocks rose on Wednesday as a surprise rise in U.S. durable goods data eased concerns about the weak U.S. economy and helped lift the battered financial sector, ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260995/ Wed, 27 Aug 2008 18:39:09 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260995/ Research ), the world's second-largest helicopter maker, conducted the first test flight on Wednesday of what it called the world's fastest helicopter. http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260996/ Wed, 27 Aug 2008 18:39:07 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17260996/ Aled Blake , Media Wales THE London market surged to late gains today despite housebuilders coming under pressure following results from Taylor Wimpey. The sector was in the spotlight as the firm ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17255020/ Wed, 27 Aug 2008 15:34:27 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17255020/ Oil prices today jumped back towards $120 a barrel today as tropical storm Gustav, which experts said was likely to be upgraded again to a hurricane, appeared set on a course for US oil and gas rigs... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249996/ Wed, 27 Aug 2008 13:10:29 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249996/ Aug 27 2008 By Sion Barry, MediaWales A CARDIFF-based car finance venture is the latest victim of the credit crunch following a decision to cease issuing new loans. The move will inevitably resul... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249994/ Wed, 27 Aug 2008 12:39:53 -0400 IC Wales http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249994/ LONDON (Reuters) - Carat, Europe's biggest media buyer, has trimmed its growth forecasts for global spending on advertising for this year and next after revising its estimates for the United States, B... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249991/ Wed, 27 Aug 2008 12:38:49 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249991/ Italy has cobbled together 16 domestic investors to invest in a restructured Alitalia to keep it in the air for now, but needs to attract a foreign partner like Air France-KLM (AIRF.PA: http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249993/ Wed, 27 Aug 2008 12:38:47 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249993/ VALLETTA (Reuters) - The European Central Bank wants to stop banks exploiting its generous rules to gain access to liquidity, two ECB governing council members said, but one of them added that that no... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249992/ Wed, 27 Aug 2008 12:38:51 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249992/ Retired homeowners have seen nearly £8bn wiped off the value of their properties during the early part of this year. New research showed the amount of equity held by pensioners fell by £7.7bn betw... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249988/ Wed, 27 Aug 2008 12:08:25 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249988/ Newcastle-based lender Northern Rock has announced that its deputy chairman will step down to complete a major restructuring of the bank's leadership. Stephen Hester will depart the board on 1 Octob... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249989/ Wed, 27 Aug 2008 12:08:25 -0400 Ananova http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17249989/ An international ‘casual dining’ company said today it would be creating 160 jobs with the opening of two restaurants in Belfast. Texas-based Brinker International, which operates ... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245558/ Wed, 27 Aug 2008 09:44:51 -0400 Belfast Telegraph http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245558/ Economy Minister Arlene Foster today paid tribute to Leslie Morrison following his announcement that he intends to stand down from Invest NI next year. Mr Morrison (61), who has been chief exe... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245557/ Wed, 27 Aug 2008 09:44:50 -0400 Belfast Telegraph http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245557/ Taylor Wimpey shares declined 6% today after the UK’s biggest housebuilder failed to end uncertainty about its financial position.As well as announcing £1.5 billion of valuation write downs, Taylor... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245553/ Wed, 27 Aug 2008 09:51:50 -0400 Breaking News.ie http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245553/ Japan’s powerful yakuza organised crime syndicates are mounting a widespread and “infectious” assault on the country’s financial markets that may have left hundreds of listed... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245564/ Wed, 27 Aug 2008 10:08:45 -0400 Times Online http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245564/ Independent News & Media, the owner of the Belfast Telegraph, today posted pre-tax profits of €96.6m for the first half of 2008, up slightly from €94.1m a year ago. The Dublin-b... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245559/ Wed, 27 Aug 2008 09:44:49 -0400 Belfast Telegraph http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245559/ LONDON (Reuters) - Oil rose for a third day on Wednesday, boosted by the possibility that Tropical Storm Gustav could become the first major storm since 2005 to threaten Gulf of Mexico oil and gas ins... http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245560/ Wed, 27 Aug 2008 09:37:25 -0400 Reuters http://story.theuknews.com/index.php/ct/9/cid/0f440bf3fff89f01/id/17245560/