Business News
British shops plead for end to EU trade war on shoes
Retailers fear timing of 15-month extension from January could not be worse
Inside Business News
Christmas sales 'will be worst for shops since 1980s'
Tuesday, 17 November 2009
Shoppers will spend less this Christmas for the first time since the late 1980s, as sales of non-food items fall by a massive £1.3bn, retail experts predicted yesterday.
GM to begin repaying US taxpayers
Tuesday, 17 November 2009
Cash scrappage scheme and rising sales in China help motor giant to cut its losses
QE has not yet improved lending, says Sentance
Tuesday, 17 November 2009
High street banks still very cautious about loans, says BoE's external policymaker
BoE chief backs 'catastrophe insurance'
Tuesday, 17 November 2009
City up in arms over new powers for regulators to rip up bonus contracts
Japanese growth beats expectations
Tuesday, 17 November 2009
The British economy sank further down the international league table yesterday when Japan announced stronger-than-expected growth figures.
Majestic Wine uncorks 9 per cent rise in profits
Tuesday, 17 November 2009
Majestic Wine promised not to pass on the 1 January VAT increase to its customers for a month yesterday, as it toasted a jump in half-year pre-tax profits which was ahead of market expectations.
EADS shares take off despite losses
Tuesday, 17 November 2009
EADS, the European aerospace giant that owns Airbus, reported its first quarterly loss for two years yesterday, blaming uncertainty about aircraft sales and the weak US dollar.
Lloyds to rescue debt-laden Admiral
Tuesday, 17 November 2009
Admiral Taverns has confirmed that Lloyds Banking Group is working on a financial restructuring of the struggling pubs group that is thought to involve a £600m debt-for-equity swap.
Business Diary: Asos can afford to be complacent on strike
Tuesday, 17 November 2009
"You love them or hate them, but we still use them. Customers want their products delivered as quickly and cheaply as they can and Royal Mail is still one of the cheapest," said Nick Robertson, boss of online fashion specialist Asos, pictured right with his finance director Nick Beighton.
Royal Mail faces threat of VAT charges on business contracts
Monday, 16 November 2009
Ruling in European Court of Justice will force postal service to increase prices
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