Business News
Harmony in the G20 is starting to unravel
Tobin tax debate and plans to maintain fiscal stimulus both show cracks
Inside Business News
Hostile Kraft bid for Cadbury 'derisory'
Monday, 9 November 2009
A £9.8bn bid from the US food giant is now lower than two months ago because of falls in its share price.
Kraft poised to go hostile in its bid for Cadbury
Monday, 9 November 2009
Kraft is tipped to make a hostile bid for Cadbury today, to which the UK confectioner is expected to issue another brusque rebuff.
Job cuts 'will continue even as the economy starts to recover'
Monday, 9 November 2009
But labour market outlook is deteriorating more slowly than it was, survey suggests
Aer Lingus reports new drop in revenues
Monday, 9 November 2009
Embattled airline Aer Lingus today reported a further slide in revenues, but said performance was "stabilising" after efforts to cut aircraft and capacity.
Squeeze on credit 'likely to continue'
Monday, 9 November 2009
Cost of borrowing will remain high as credit card lenders look to fee income
Trustee resigns over Berlin’s role in GM sale
Monday, 9 November 2009
One of five board members of the Opel Trust set up to approve GM’s sale of its European business (GME) stepped down at the weekend in protest at interference by German politicians.
Lloyds promises to help 300,000 start-ups
Monday, 9 November 2009
Lloyds Banking Group will today seek to distance itself from criticism of the banks' failure to support small and medium enterprises with the launch of new commitments to the sector, including a promise to help 300,000 new SMEs start up by 2012.
Business Diary: At last, RBS spots a money-making plan
Monday, 9 November 2009
Good to see Royal Bank of Scotland come up with money-making plans as it tries to pay back back taxpayers for all their support. It is trying to persuade customers to pay £35 for insurance against debit and credit card fraud, even though the bank knows it almost always has to reimburse customers who lose out this way. So you pay to insure against its losses. Genius.
Rent-to-own retail chain booms through recession
Monday, 9 November 2009
Brighthouse, the rent -to-own retailer is booming as recession-hit families on low incomes queue up to buy Snuggle sofas and washing machines over a number of years.
Cadbury to face hostile takeover bid
Sunday, 8 November 2009
Dairy Milk maker Cadbury will face a hostile takeover bid from US food giant Kraft tomorrow, according to reports today.
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