Business News
Downturn leaves businesses running scared of lenders
Recession is leading to far-reaching changes in British companies, warns CBI boss
Inside Business News
700 jobs to go at Lloyds new
Monday, 23 November 2009
The Accord trade union said the jobs will go at Lloyds Banking Groups offices in Aylesbury, Buckinghamshire.
Nestlé looking at the possibility of Cadbury offer
Monday, 23 November 2009
Nestlé is considering joining the battle for Cadbury as the US confectionery company Hershey puts the finishing touches to a counter-bid of its own. The British group is currently battling a 750p a share offer from Hershey's US rival, Kraft Foods, with the backing of shareholders who say that the offer is "too low". Cadbury has told all potential bidders that it will fight any bid lower than 850p a share and could even hold out for as much as 900p. Nestlé has not yet decided on whether to pursue an interest but talks at the Swiss company were last night said to be "serious".
Recovery for junior oil and gas explorers
Monday, 23 November 2009
Junior oil and gas stocks are recouping last year’s losses and new entrants are eyeing the market as investor confidence starts to recover.
Warning on borrowing, with third of Britons in fear of debt
Monday, 23 November 2009
Only Spain has more consumers who feel they owe too much money
Landlords are ready to rescue Black's Leisure
Monday, 23 November 2009
Landlords appear ready to back a deal that will save the camping and outdoor retailer Black's Leisure from administration. Creditors are meeting today to thrash out a company voluntary agreement which will restructure the beleaguered chain's debts.
Sir David sharpens his bank reforms
Sunday, 22 November 2009
Sir David Walker has sounded out four of the City's biggest fund managers on his tough recommendations for corporate governance of the UK banking industry ahead of presenting his final review on Thursday.
M&S bombshell sees Bolland pushed to quit Morrisons
Sunday, 22 November 2009
Pressure is mounting for Morrisons' chief executive, Marc Bolland, to leave the company as soon as possible following the news that he has landed the top job at Marks & Spencer. He was chosen because of his experience of food retailing and his expertise in building international brands, learned during his 19 years at Heineken.
Fear of 'double dip' haunts global markets
Sunday, 22 November 2009
Fund managers pull out of equities as gloom gathers over strength of recovery in UK and US
'Row over strategy' at Reed
Sunday, 22 November 2009
A bust-up over "hundreds of millions of pounds" is said to have led to the resignation of Ian Smith at Ftse-100 media giant Reed Elsevier.
Government to order up to 120 Chinook helicopters to deploy in Afghanistan
Sunday, 22 November 2009
The Defence Secretary, Bob Ainsworth, is expected to announce a £3.5bn helicopter building programme early this week.
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1Yasmin Alibhai-Brown: Why is my gender suddenly in retreat?
2US builds up its bases in oil-rich South America
3University accused of £36m student scam
4Clegg reveals Lib Dems are prepared to back Cameron
5New poll says Labour has closed the gap on Tories
6Oliver Miles: The key question ? is Blair a war criminal?
7Labour to promise high-speed rail link in election manifesto
9Bruce Anderson: Iraq is inseparable from the personality of Tony Blair
Columnist Comments
• Bruce Anderson: Iraq is inseparable from Tony Blair
The destruction of Saddam was a noble cause, even if ineptly conducted
• Yasmin Alibhai-Brown: Why is my gender in retreat?
The truth is that all nations would prefer it if women went back indoors
• Philip Hensher: Gaffes that can be a boon to Cameron
The expenses scandal too will be seen as a helpful winnowing exercise
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