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Asda takes on Tesco with boom in stores - Times Online

Fri, 04/16/2010 - 01:27

The Guardian
Asda takes on Tesco with boom in stores
Times Online
Asda will open 125 stand-alone non-food stores in a campaign to overtake Tesco as Britain's biggest seller of general goods. The five-year plan was revealed yesterday as Andy Bond, the departing chief executive, conceded that the company's recent ...
Wal-Mart has growth plans for U.K.'s AsdaMarketWatch
Bond sets out his goals for AsdaFinancial Times
Wal-Mart denies Andy Bond put under pressure to resign from Asda top jobThe Guardian
Wall Street Journal -The Press Association -Quest Search and Selection
all 132 news articles »

Ex-Matalan chief joins Hut Group's board - Financial Times

Fri, 04/16/2010 - 01:07

MCV
Ex-Matalan chief joins Hut Group's board
Financial Times
The Hut Group, the UK's fast-growing online retailer, has raised £14m to prepare for a flotation next year in a move that marks the return to retailing of Angus Monro, the former Matalan chief executive. Mr Monro will join the board ...
Balderton Capital Backs The Hut Group,InterResolve LitigationWall Street Journal
The Hut Group to float and double in sizeManchester Evening News
The Hut Group Announces £14 Million InvestmentFresh Business Thinking
MCV -paidContent.org -AltAssets
all 14 news articles »

Stockbroker fined for sales tactics - Financial Times

Fri, 04/16/2010 - 01:02

Money Marketing
Stockbroker fined for sales tactics
Financial Times
A stockbroking company whose directors included Lord Desai, the Labour peer, was fined £200000 on Thursday by the financial watchdog over failings in the way it sold cheap shares to the public. ...
FSA fines broker £235000 for hard sell tacticsTimes Online
Stockbroker Hythe fined for dodgy shares adviceThis is Money
Stockbroker firm and director fined £235000Money Marketing
Business Financial News Wire
all 21 news articles »

BP faces down shareholder protest on oil sands project - BBC News

Fri, 04/16/2010 - 00:24

Telegraph.co.uk
BP faces down shareholder protest on oil sands project
BBC News
BP looks to have beaten a shareholder rebellion over financial and environmental concerns connected to its project in Canada's oil sand reserves. Some 140 large investors were expected to back a resolution at the oil giant's AGM calling for a review of ...
BP brushes off investor revolts on tar sands, payReuters
Investor backlash over BP's 'Sunrise'Daily Mail
BP pledges not to use open-pit mining at Canadian oil sands sitesThe Guardian
Telegraph.co.uk -BusinessWeek -Wall Street Journal
all 133 news articles »

Europe evolves - Financial Times

Fri, 04/16/2010 - 00:14

The Guardian
Europe evolves
Financial Times
The Greek debt crisis is accelerating towards an end-game. The news from Athens that the government is seeking consultations over a rescue plan adds urgency to the need for a new framework for the eurozone. The reaction to Greece's problems has already ...
Betting Against The Greek BailoutForbes
Interest rates fall on concern about Greek debtThe Associated Press
Greece asks for IMF-EU rescue talksThe Guardian
Times Online -Telegraph.co.uk -Daily Mail
all 3,969 news articles »

UK extends air restrictions after Icelandic eruption - BBC News

Thu, 04/15/2010 - 23:14

BBC News
UK extends air restrictions after Icelandic eruption
BBC News
Most restrictions on UK airspace will stay in place until 1300 BST on Friday because of ash from a volcano in Iceland, air traffic controllers say. But some flights may be allowed after 0100 BST from Northern Ireland and several airports in Scotland. ...
Planes to remain grounded 'until tomorrow evening'Times Online
Volcano latest: certain flight restrictions may be lifted from 1amTravel Weekly UK
No flights as ash cloud continuesThe Press Association
National -Wall Street Journal -Tech Eye
all 58 news articles »

Sportingbet to move up from Aim - Financial Times

Thu, 04/15/2010 - 21:58

Sportingbet to move up from Aim
Financial Times
Sportingbet has confirmed plans to leave Aim for the main London market, in a move that underscores how far the online betting operator has come since a US regulatory clampdown in 2006 nearly wiped out its business. ...
Sportingbet to move to main LSE marketReuters
STOCKS NEWS EUROPE-Sportingbet up; aims for full listingReuters UK
Sportingbet switches from AIM to mainShareCast
CITY A.M. -This is London -RecentPoker.com
all 13 news articles »

Cable & Wireless Communications wins legal war with Digicel - The Guardian

Thu, 04/15/2010 - 20:36

RTE.ie
Cable & Wireless Communications wins legal war with Digicel
The Guardian
Denis O'Brien accused C&WC of hindering its attempts to enter the Caribbean telecoms market. Photograph: Julien Behal/PA Cable & Wireless Communications has won a three-year legal fight with bitter rival Digicel that looks likely to land Irish ...
C&W defeats claim from rival DigicelFinancial Times
C&W says wins court victory vs DigicelReuters UK
Cable and Wireless wins Court battle against DigicelSKNVibes.com
Global Telecoms Business -radiojamaica.com -MarketWatch
all 30 news articles »

Uniq seeks to link pension funding to profits - Financial Times

Thu, 04/15/2010 - 15:03

Daily Mail
Uniq seeks to link pension funding to profits
Financial Times
Uniq, the biggest supplier of sandwiches to Marks and Spencer, on Thursday announced an unusual proposal to link its pension scheme contributions to future profits to address a potentially ruinous funding deficit. ...
Food manufacturer to link pension payments to profitabilityCitywire.co.uk
Pension doubts hurt UniqThe Press Association
Uniq takes contribution holiday until 2013Professional Pensions
ShareCast -Business Financial News Wire -Namnews
all 24 news articles »

Late payments 'hurting small and medium-sized firms' - BBC News

Thu, 04/15/2010 - 12:53

BBC News
Late payments 'hurting small and medium-sized firms'
BBC News
More small and medium-sized businesses are suffering as their customers make late payments, research suggests. A study by RBS and Natwest found that 71% of firms had suffered from late payments in the past 12 months. Meanwhile the latest data from ...
Late payment crucifying business sectorFinancialAdvice.co.uk
Businesses hit by unpaid debts of £63bnFinancial Times
Why should smaller firms get paid later?Real Business
Which4U - UK -Scotsman -Crystalumbrella.com
all 21 news articles »

Dreaming of a million men from the Prudential - Times Online

Thu, 04/15/2010 - 01:34

Daily Mail
Dreaming of a million men from the Prudential
Times Online
Prudential plans to increase significantly its agency workforce to at least one million in Asia as part of a recruitment drive to follow its $35.5 billion acquisition of AIA. Barry Stowe, the chief executive of the Pru's Asian arm, told The Times in an ...
Pru must convince wavering investorsFinancial Times
Pru talks over the future of its UK businessDaily Mail
Prudential names UK chief to fuse its Far Eastern operations with AIAThe Guardian
Reuters -Wall Street Journal -ShareCast
all 81 news articles »

Markets soar as America offers hope that the worst is over - Times Online

Thu, 04/15/2010 - 01:34

Markets soar as America offers hope that the worst is over
Times Online
The stock market closed at its highest level for 22 months last night after strong American economic data and company results fanned hopes that recovery in the world's biggest economy was gaining pace. The FTSE 100 rose 34.59 points to 5796.25, ...
FTSE 100 reaches highest level since 2008Post Online
London Market Closing Comments 14th April 2010Market Moves
Blue chips send the FTSE 100 through 5800Times Online
Market Moves -Market Moves -Market Moves
all 7 news articles »

Tax reform might lure WPP back to UK - Financial Times

Thu, 04/15/2010 - 00:57

Interactive Investor
Tax reform might lure WPP back to UK
Financial Times
The advertising group WPP would consider moving back to Britain if a new government reformed the taxation of overseas profits, its chief executive said on Wednesday. His comments were hailed by the Conservatives as a “powerful” ...
WPP will return to Britain after election if taxes are kept lowThe Guardian
WPP could consider tax relocation if UK law changesReuters
What About Lowering Taxes Doesn't Britain Get?Financial Advisory
CampaignLive -Tribble Ad Agency (satire) -Sky News (blog)
all 20 news articles »

OPEC Holds Oil-Demand Forecast Steady - Wall Street Journal

Thu, 04/15/2010 - 00:45

Financial Post
OPEC Holds Oil-Demand Forecast Steady
Wall Street Journal
LONDON—The Organization of Petroleum Exporting Countries maintained a cautious view about world oil demand and gave no indication it might pump more crude to damp the recent rise in oil prices. Since early March, oil has closed above ...
OPEC's oil price aspirations edge higher, againReuters
Oil prices rebound before US energy reportAFP
OPEC keeps 2010 oil demand forecast unchangedMarketWatch
FinancialAdvice.co.uk -National -Business Standard
all 142 news articles »

Accounting rules deadline under threat - Financial Times

Thu, 04/15/2010 - 00:37

Earthtimes (press release)
Accounting rules deadline under threat
Financial Times
Accounting standard setters have said they could fail to meet a timetable for the creation of a single global set of accounting rules because they are so far unable to agree on how to value financial instruments, ...
FASB, IASB Issue Convergence Progress ReportWebCPA
International Financial Reporting Standards and Operating Cost RecoveriesMondaq News Alerts (registration)
IASB gives "no guarantee" of full US accounting convergenceAccountancy Age
ashdowngroup.com -Korea Times -Journal of Accountancy
all 23 news articles »

JD Sports hikes its divi after teen shoppers boost sales - This is Money

Wed, 04/14/2010 - 23:05

Daily Mail
JD Sports hikes its divi after teen shoppers boost sales
This is Money
The trend for hoodies and the latest in fashionable trainers helped JD Sports deliver a set of recession-busting figures. The retailer's focus on teenage shoppers, unencumbered by mortgage payments and family commitments, delivered annual pretax ...
JD Sports eyes World Cup as profit tops hopesReuters
JD Sports profits jump but still cautious about stretched shoppersThe Guardian
JD Sports profits swell 26% on young fashionTimes Online
BBC News -Financial Times -Telegraph.co.uk
all 51 news articles »

Seven in court on insider dealing charges - The Guardian

Wed, 04/14/2010 - 20:52

Seven in court on insider dealing charges
The Guardian
Seven men appeared in a London magistrates court today to face charges in one of the significant insider dealing cases ever brought by the City watchdog, the Financial Services Authority. The men allegedly traded on confidential information gleaned ...
Seven appear in UK court on insider dealing chargeReuters
UK regulator still missing biggest insider dealersReuters UK
Suspects in court over '£2.5m insider dealing'This is London
BusinessWeek -Jakarta Globe
all 32 news articles »

Retail Sales Surge - Wall Street Journal

Wed, 04/14/2010 - 19:51

New York Times
Retail Sales Surge
Wall Street Journal
The US economy continued to show some improvement Wednesday as March retail sales, coaxed by subdued inflation, surged higher than expected in a sign that consumers are starting to regain their confidence. ...
US retail sales improving faster than expectedFinancial Times
Retail sales surge in MarchCNNMoney
Early Easter gives retail sales a chocolate rushTimes Online
BBC News -Telegraph.co.uk -Times LIVE
all 711 news articles »

Primark withdraws padded bikini for seven-year-old girls - Times Online

Wed, 04/14/2010 - 16:13

NEWS.com.au
Primark withdraws padded bikini for seven-year-old girls
Times Online
Primark, the clothing chain, today ordered padded bikini bras for girls as young as seven to be removed from sale immediately after criticism that they sexualised children. The company apologised for any offence caused by the £4 item and said profits ...
Padded bikini for girls withdrawnBBC News
The padded kids' bikini that should never have existedThe Guardian
Primark withdraws girls padded bikinisReuters UK
The Associated Press -The Press Association -Retail Week
all 501 news articles »

Brits increasingly swap cash for cards - Reuters UK

Wed, 04/14/2010 - 15:55

Sky News
Brits increasingly swap cash for cards
Reuters UK
LONDON (Reuters) - Cash payments are expected to make up less than half of all transactions in Britain in five years' time, according to research published on Wednesday, as cards increasingly take over. The Payments Council found cash transactions fell ...
Cash to be used in fewer than half transactions by 2015Telegraph.co.uk
Do you take cash? Retail revolution growsThe Guardian
Last orders for cash paymentsFinancial Times
Mirror.co.uk -Citywire.co.uk -The Press Association
all 109 news articles »