News

Up to 40 per cent have not made key checks on their credit rating or electoral roll entry

Dollar gives Europe a kick up the backside

BUSINESS VIEW

GUS pressed to spin off credit rating arm

LORD Wolfson of Sunningdale, the chairman of GUS, is to come under increased pressure to spin off the mail-order group's credit-rating business, Experian, in the next few months, writes Jason Nisse.

Late payment law fails

GOVERNMENT initiatives to combat late payers will be exposed as failures this week with the publication of research showing that UK companies are taking longer than ever to settle their bills.

Money: They know where you live

You may be 'carefree', 'burdened' or 'impoverished'. As a target for mail-outs from financial firms, your postcode defines you. Faith Glasgow reports

Home to the cheapest houses in UK

THE DERBY suburb of Crewton does not exude cheap tat, so the place was understandably surprised to learn yesterday that its houses will fetch less money than any in the land.

Personal Finance: Are you a bad risk?

Credit refused. But you can get your name off the blacklist.

The Investment column: GUS may be back in fashion

THE VALUATION of Great Universal Stores, the retail group that bought Argos last year, is a slippery matter. The shares hit a high of 911p last year, but later dropped to 549p. They have been particularly weak in recent weeks as GUS fell victim to the market's usual fears over the weakness of UK retailing.

Stock Market Week: Little cause for joy on AIM's fourth birthday

THE ALTERNATIVE Investment Market is four years old this week, but there will be little dancing in the Square Mile's streets to celebrate the occasion. The guests assembled around the birthday cake will make an effort to look happy but their half-smiles will barely conceal their dissatisfaction with AIM.

GIVE YOURSELF A CREDIT RATING

Do you own your home?

Manchester city in red

ONE IN seven adult Mancunians has had a County Court Judgment (CCJ) registered against them in the past six years and could thus be barred from obtaining credit, says a report issued today.

Jobwatch

THE LATEST government figures show unemployment has risen for the second consecutive month, although employment levels continue to increase.

Bills paid later as economy slows

COMPANIES are taking longer to pay bills as the economy slows down, with large companies the worst offenders, according to a survey of 212,000 businesses published today.

Taiwan with tea-shops

The figures are indisputable. Worthing topped a survey this week as Britain's most booming town. But shouldn't someone tell the residents?

Investment: Burberry's Asian disaster dents the new 'GUS' image

THE CITY has clearly warmed to the "new GUS" being developed under the chairmanship of Lord Wolfson of Sunningdale, hence the 50 per cent rise in the share price since last summer. But the market was not prepared yesterday for the scale of the disaster at Burberry, the group's luxury goods brand which has fallen out of bed with a resounding bump.
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