Business News
Bradford & Bingley crashes into the red
Beleaguered lender Bradford & Bingley today said it had crashed into the red in the first half of 2008, after credit crunch losses and rising bad debts.
Inside Business News
Warning: Cut rates or job losses will soar
Friday, 29 August 2008
Unemployment set to hit 2m and house prices will fall 30%, Bank of England expert predicts.
Retailers suffer worst month in quarter of a century
Friday, 29 August 2008
Retailers delivered their worst performance for nearly a quarter of a century last month and there is little sign of relief for them any time soon.
Casino users boost Partygaming profits new
Friday, 29 August 2008
PartyGaming, the online gaming company, showed that it still had a strong hand at the internet gambling table, despite losing 75 per cent of its market less than two years ago.
Consumers hit by gas and electricity price rises
Friday, 29 August 2008
Energy firms Npower and Scottish Power today announced more bad news for households with steep hikes in gas and electricity prices.
Stranded Zoom passengers looking for way home
Friday, 29 August 2008
Hundreds of travellers left stranded following the collapse of low-fare airline Zoom will attempt to make their way home today.
Charter joins Henderson in tax exodus to Ireland
Friday, 29 August 2008
A row is threatening to reignite between UK business and the Government as two companies yesterday announced they are leaving domestic shores to slash their tax bills. The British business trade body yesterday warned that there would be more to come if the Government does not act soon.
Italian cabinet rewrites rules to rescue Alitalia
Friday, 29 August 2008
The beleaguered airline industry was rocked by more crises yesterday as the Italian government was forced to change the law to save its national carrier and Aer Lingus reported losses for the first half and predicted worse to come.
Diageo pins hopes on brand loyalty
Friday, 29 August 2008
Global drinks giant Diageo lowered its growth forecast yesterday against a background of rising costs and a slowing global economy, as it delivered flat full-year pre-tax profits.
Ofcom to overhaul regulation for mobile firms
Friday, 29 August 2008
The mobile phone business is coming of age, and the sector's regulator, Ofcom, is considering tearing up the regulatory rulebook to mark the occasion.
Pinewood Studios profits up by a third after series of box office hits
Friday, 29 August 2008
A string of blockbusters including the new James Bond film and a werewolf movie called The Wolfman sent profits at Pinewood Shepperton film studios up by a third in the first half of the year.
EDITOR'S CHOICE
Most popular in Business
Read
2 Sean O'Grady: Credit crunch: 'It's just the end of the beginning'
3 Warning: Cut rates or job losses will soar
4 Consumers hit by gas and electricity price rises
5 Retailers suffer worst month in quarter of a century
6 Bradford & Bingley crashes into the red
7 David Prosser's Outlook: Blanchflower's iceberg alert is spot on, but MPC won't change course
8 Stranded Zoom passengers looking for way home
Emailed
1 Charter joins Henderson in tax exodus to Ireland
3 Sean O'Grady: Credit crunch: 'It's just the end of the beginning'
4 Warning: Cut rates or job losses will soar
5 Amtrak hits buffers for second time in 20 months
6 Diageo pins hopes on brand loyalty
7 US newspapers face sharp drop in advertising sales
8 Italian cabinet rewrites rules to rescue Alitalia
9 Retail brokers battle with Wall Street banks over auction-rate debt scandal
Columnist Comments
• Terence Blacker: Poor old Paxo given a stuffing
The Newsnight host should be satisfied with his lot, but he appears not to be












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