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Top News |
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Tue 09 Feb 2010
A triple whammy of bad weather, a rise in VAT and less aggressive discounting by retailers made it the worst January for retail sales in 15 years, according to the British Retail Consortium (BRC).
Sales rose just 1.2% year-on-year last month, the least since the survey began in 1995, and fell 0.7% on a like-for-like basis. They had increased by 6% and 4.2 respectively in December.
Economists were hoping for a 3.3% rise versus the year before and 0.5% increase like-for-like.
The BRC said food sales were helped by the snow early in the month as people stocked up on essentials, but they slowed as the weather improved.
Non-food, espe... Read more
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Tue 09 Feb 2010
Toyota is recalling its 2010 Prius and Lexus hybrids worldwide because of brake problems, marking another setback for a carmaker already plagued with recalls and suspended sales because of safety issues.
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Tue 09 Feb 2010
Hector Sants, the chief executive of the Financial Services Authority is to stand down after three years in the job. Sants said he would leave in the summer, as planned.
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Tue 09 Feb 2010
Blue-chips regained impetus over the lunch time session, with spirits buoyed by expectations of a firm start on Wall Street.
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Market Buzz |
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Tue 09 Feb 2010
1555: Miners have consolidated their dominant position at the top of the FTSE 100 and the leading share index looks set to finish in the blue. Antofagasta, Xstrata, Rio Tinto, Fresnillo, Kazakhmys and Vedanta Resources occupy the top six spaces....
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Tue 09 Feb 2010
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Tue 09 Feb 2010
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Tue 09 Feb 2010
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Company News |
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Tue 09 Feb 2010
Despite losing a major client, Lehman Brothers, in the banking crisis, trading systems developer Patsystems said 2009 was a year of growth for the company.
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Tue 09 Feb 2010
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Tue 09 Feb 2010
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Tue 09 Feb 2010
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More Company News
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Week Ahead |
Tuesday 09 Feb
Finals Alphameric, Beazley Group, Patsystems, Prodesse Investment Ltd., Sarantel Group 'A', Sarantel Group 'B', Sperati (Ca), Turk Ekonomi GDR (Reg S), Wolfson Microelectronics
AGMs British Portfolio Trust, TUI Travel, Victrex, Commercial Bank of Qatar GDR (Reg S), Enegi Oil, Hardide
Wednesday 10 Feb
Finals CSR, Pacific Assets Trust, Reckitt Benckiser Group, Smurfit Kappa Group, Telecity Group, Travis Perkins
AGMs Impax Asset Management Group, Daily Mail and General Trust, Pressure Technologies, Grainger, Andor Technology, MedicX Fund Ltd.
More on The Week Ahead |
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