Wednesday, 25 Jun 2008 | Source: Reuters
British bank Barclays raised $8.9 billion from investors including Qatar and Japan's Sumitomo Mitsui and aims to use half the cash to rebuild capital and half to pursue growth.
Tuesday, 24 Jun 2008 | Source: Reuters
WPP Group, the world's second-largest advertising company, said on Tuesday like-for-like revenues rose by 4.5 percent in the first five months of the year.
Tuesday, 24 Jun 2008 | Source: Reuters
Thomas Cook, Europe's second-largest travel company, said it remains confident of meeting expectations for the current year as it reported a 15 percent narrowing in its first-half loss on Tuesday.
Monday, 23 Jun 2008 | Source: Reuters
Euro zone services and manufacturing activity both fell unexpectedly into contraction in June, a key survey showed on Monday, although the weakness may not be pronounced enough to deter an ECB rate hike in July.
Monday, 23 Jun 2008 | Source: CNBC.com
The average asking price of a UK property fell in June as mortgage providers cherry-picked customers and competing properties outnumbered buyers by 15 to 1, property advertiser web site Rightmove, one of Britain's biggest, said.
Thursday, 19 Jun 2008 | Source: Reuters
Surging food and fuel prices are a key concern of European Union citizens, but EU leaders must be honest that there are no quick fixes to the problem, European Commission President Jose Manuel Barroso said.1st paragraph of story should go here
Thursday, 19 Jun 2008 | Source: Reuters
Charlie Bean will be the new deputy governor for monetary policy at the Bank of England, the Treasury said on Thursday, and Spencer Dale will replace him as chief economist at the central bank.
Thursday, 19 Jun 2008 | Source: The Associated Press
Imperial Tobacco Group said Thursday that it plans to slash its work force by around 6 percent as part of its restructuring plans after its recent takeover of Spanish rival Altadis.
Thursday, 19 Jun 2008 | Source: Reuters
British bank HBOS said on Thursday it was trading in line with its expectations, but warned of a 1 billion pound ($2 billion) writedown in the first half of its financial year and a bigger fall in UK house prices.
Wednesday, 18 Jun 2008 | Source: Reuters
Bank of England Deputy Governor John Gieve announced on Wednesday he will quit prematurely next year just as the government unveiled the biggest shake-up of the central bank's financial stability remit in more than a decade.
Wednesday, 18 Jun 2008 | Source: CNBC staff and wire reports
UK retailers J. Sainsbury and Woolworths reported sales that disappointed slightly, sparking comments that British consumers may be orienting towards discount retailers, analysts said on Wednesday.
Tuesday, 17 Jun 2008 | Source: Reuters
Britain's inflation rate rose in May to its highest since the Labour government came to power in 1997 but the Bank of England played down the risk of early interest rate rises by saying the path for rates was still "uncertain."
Tuesday, 17 Jun 2008 | Source: Reuters
Whitbread, Britain's biggest hotel and restaurants operator, said Tuesday that like-for-like sales across its businesses rose 7.1 percent in the 13 weeks to June 17.
Monday, 16 Jun 2008 | Source: Reuters
Barclays plans to raise billions of pounds by selling stakes to outside investors and offering shares to existing shareholders to boost its balance sheet, sending its shares soaring on Monday.
Friday, 13 Jun 2008 | Source: Reuters
A four-day strike over pay by hundreds of tanker drivers hit Shell fuel stations across Britain on Friday after last-ditch pay talks broke down.
Posts |
TOPIC : Britain
25 Jun 2008
The markets have worked themselves into a frenzy of navel contemplation about today's Fed meeting, and the "consensus" seems to be investors are collectively worried about Ben Bernanke & Co... Read More
20 Jun 2008
Blowout retail sales numbers for the UK in May are only further confusing the fixed-income markets... Read More
16 Jun 2008
If you’d told me nine months ago that I’d be rocking out (well on the inside at least) to a tune about the collapse of one of England’s largest mortgage lenders, more than one eyebrow might have been raised – on the outside.... Read More
18 Apr 2008
Nobody should be surprised by the talk about a cash-raising exercise at RBS... Read More
18 Apr 2008
Posted By:The Leaders
This student of 18th centaury algorithms is leading a revolution in the way corporations extract information from video, pictures and voice conversations. Having been lent £2,000 by a stranger in a pub to set-up in business, this son of a fireman floated Autonomy at £5 billion.... Read More
VIDEO | TOPIC : Britain
An avalanche of gloomy corporate news dented the outlook for Britain Wednesday. Michael Fallon from the Treasury Select ...
Gordon Brown celebrated his first year as Britain's prime minister Friday. CNBC's Jo Webster looks at Brown's tenure so ...
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