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Woolworths have issued a warning that they are to miss profit forecasts for the year after sales continued to fall.
Shares in the troubled retailer fell to 5.93p down almost 9% after it announced that like for like retail sales fell ...
Sony has announced that their quarterly profits have dropped by almost half. It is thought that the Sony have been hit by losses at Ericsson, who they are joint with in mobile phone ventures.
Sony said that net profit totaled 35bn ...
Lloyds TSB has suffered a sharp fall in its pre-tax profits for the first six months. Pre-tax profits were £599m which is 70% lower than the pre-tax profits from the same period last year which was £1.99bn.
Lloyds TSB has said ...
Hastings Insurance Services Ltd, broker based in Bexhill-on-Sea, has been fined £753,000 for unfairly treating customers by cancelling motor insurance policies that they had sold too cheaply.
Around 4,500 deals were cancelled after the broker found that errors had given customers ...
Abbey now writes one in three new mortgages in the UK, it has revealed, which puts them ahead of Halifax.
Abbeys total share in new lending rose by 35% in the three months until the end of June. This is mainly ...
Tesco are hoping to make an aggressive push into the financial services market. They are planning to buy the 50% stake that Royal Bank of Scotland owns in Tesco's joint personal finance business. Tesco want to buy the stake for ...
Asda has overtaken one of their main rivals Sainsburys for the first time and has become the UK's second biggest online retailer.
Asda, who are owned by Wal-Mart, saw a 71.8% rise in its home shopping grocery sales, compared to the ...
The world's largest internet retailer Amazon.com has reported doubled profits for its second quarter. This is largely thanks to a jump in sales of electronics items and also a rise in overseas revenues as the cheap dollar made items cheaper ...
O2 customers have been receiving phone calls from cold callers offering insurance against unauthorised calls which could be made by "Bluetooth hackers" - even though there is no evidence that this can be done.
New O2 subscribers have been targeted. The ...
Kingfisher, owners of the B&Q chain, have seen their shares rise 8.4% as the summer weather helped to encourage sales of outdoor furniture and barbecues.
Like for like sales rose 0.2% in the UK during the 10 weeks to 12 July. ...
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