Business News
Barclays boss warns of exodus of the bankers
The president of Britain's second largest bank has issued a veiled threat that the country's elite financiers could join a mass exodus from the City of London if the Government pushes ahead with a bonus supertax today.
Inside Business News
Darling under fire as UK edges nearer to credit downgrade
Wednesday, 9 December 2009
Chancellor told to cut budget deficit as Moody's warns on country's rating
JD sells stake in rival JJB
Wednesday, 9 December 2009
JD Sports Fashion today sold its entire 9.9 per cent stake in rival JJB Sports for £16.3m.
Chief executive stepping down at easyJet
Wednesday, 9 December 2009
The boss of low-cost airline easyJet is to leave the company next summer, it was announced today.
Tesco disappoints the City as it trails rivals
Wednesday, 9 December 2009
Grocer calls on Chancellor to avoid VAT increases
Game Group pinned down as new 'Call of Duty' fails to save the day
Wednesday, 9 December 2009
Retailer's shares slump as it reveals a 14% fall in sales with UK and Ireland badly hit
Scrappage boost fails to close growing trade gap
Wednesday, 9 December 2009
The UK's goods trade gap rose to a nine-month high of £7.1 billion in October despite an export boost from car scrappage schemes, official figures showed today.
Pub chain placed in 'administration'
Wednesday, 9 December 2009
The recession claimed another casualty in the ravaged pub industry today as Pubs 'n' Bars was placed into administration, putting jobs at its 87 premises at risk.
Train operator earmarks £20m savings
Wednesday, 9 December 2009
Transport firm Stagecoach today said it had earmarked an extra £20 million in savings at its UK rail business after the division's first-half profits fell by more than half.
New fears over Dubai debt crisis hit markets
Wednesday, 9 December 2009
Dubai World caused further recriminations on global markets yesterday, when the emirate's finance minister conceded that the debt- riddled group would need longer than six months to unravel its complex borrowing arrangements.
Primark beats its one-day sales record
Wednesday, 9 December 2009
The flagship Primark store in London is thought to have enjoyed the best day's trading in the discount fashion retailer's 40-year history on Saturday, boosted by a traffic-free shopping day in the West End.
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2It's worse than we thought, admits Darling
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