Business News In Brief: OFT set to announce Travis Perkins' takeover decision
Sunday 17 October 2010
The Office of Fair Trading (OFT) will announce if it has approved Travis Perkins's £558m takeover of builders' merchants BSS on Tuesday.
Travis had expected the go-ahead last month, but OFT delayed to scrutinise some potential competition issues. The OFT fined FTSE-100 group Reckitt Benckiser £10.2m last week for anti-competitive behaviour related to the supply of Gaviscon to the NHS. The fine was reduced from £12m after it admitted fault.
BAA to seek more time to sell airports
Heathrow-owner BAA will ask the Competition Commission to give it more time to sell Stansted and Glasgow or Edinburgh airports if it is unsuccessful in its appeal against a break-up. BAA hopes to go to the Supreme Court in a final attempt to stop the forced sale of the airports. When the commission made its initial decision in 2009, it gave BAA a two-year timetable, but the operator will argue that the economy will not allow it to get fair prices.
Camera-maker Canon to open media consultancy
Canon has branched out into services with a new consultancy arm to help companies streamline their handling of information, images and other media assets. The Japanese camera-maker said last week that it has signed a four-year deal with Accenture to break into the European business process re-engineering market, which it estimates is worth £8.4bn. The new consultancy has permission to recommend products made by other manufacturers.
- 1 Home Office says Nigerian asylum-seeker can’t be a lesbian as she’s got children
- 2 What happens to your body when you give up sugar?
- 3 Drugs Live cannabis trial: Hash is less harmful than any other drug, expert claims
- 4 Turkish Airlines flight TK 726 crash-lands on Nepal runway amid dense fog
- 5 Apple and Google users being spied on for a decade because of 'Freak' security flaw
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
iJobs Money & Business
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
Voluntary post, reasonable expenses reimbursed: Reach Volunteering: Would you ...
£36,000 - £40,000: Christine McCleave: Are you looking for a new opportunity a...
£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...