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M&G Investments, part of the major insurer Prudential, is entering the corporate lending market to fill the gap that banks have left in the sector with a multi-billion pound fund. The investment group wishes to relaunch ...
Ashmore Group, the emerging markets investment specialist, reported a fall in profit on Tuesday for the first half of this year. The drop is due to lower net revenues on foreign exchange losses. Also, the ...
The 450,000 members of the pension plan of Royal Mail could face devastating consequences, which include a cut in benefits, pending the company not being part-privatized. The government is anticipated to continue with controversial legislation this ...
Yesterday, the management of LDV, the van maker, said that they believe the company can survive the economic recession even though the government turned down their request for a £30 million short-term loan. LDV is a ...
Sainsbury's, the supermarket, is offering meals for 2 for £5 from their 'Taste the Difference' range. The deal includes a main dish, side, and dessert.
The three mains to choose from include: luxury fish pie, steak pie, ...
The Dublin headquarters of Anglo Irish Bank, the third largest lender in Ireland, was raided by police and white collar crime investigators amid worries about the business practices of the bank. The raid put investors into ...
Virgin Mobile has launched an 18 month contract deal for £8.50/month that comes with a free mobile and more allowance than the £9/month contract from Three mobile. For the price of only £8.50/month, mobile users will ...
Vodafone, the largest mobile phone operator in the world, is planning to axe hundreds of their workers in the United Kingdom in order to cut costs by £1 billion and protect earnings during the slowdown of the ...
Primark, the discount fashion retailer, has reported another rise in sales while consumers are continually attracted to the stores' low prices during the economic downturn. Like-for-like sales for the retailer increased by 5% during the half ...
Northern Rock has said that they will pay their senior and junior management a bonus even though the company made a £1.4 billion loss last year. The bank announced that about 400 of their junior managers ...
