The FTSE 100 opened on the front foot this morning as investors continued to cling onto hopes that Greece could be steered away from financial meltdown.
Greek party leaders were set to meet again today to hammer out a reform deal in...
Wednesday 8th February 2012, 12:03pm
British consumer goods group Reckitt Benckiser announced fourth quarter profits were up eight per cent at £546m as it launched a major push into emerging markets to offset sluggish European and North American sales.
The firm – responsible...
Wednesday 8th February 2012, 11:43am
Harry Redknapp – the manager of Tottenham Hotspur football club – has been found not guilty of tax evasion in a case at Southwark Crown Court.
The manager had been accused of hiding £189,000 in a Monaco bank account to avoid paying tax....
Wednesday 8th February 2012, 11:35am
UK banks could see weak loan growth in 2012 as households and corporates cut debt levels amid a tough economic environment and regulators press them to raise capital ratios, Citigroup said.
Citigroup analyst Andrew Coombs downgraded Royal...
Wednesday 8th February 2012, 9:53am
Royal Bank of Scotland chief executive Stephen Hester has revealed that he considered quitting during the furore over his bonus.
Hester told the BBC that he was "not a robot" and said there had been some "deeply depressing" moments.
...
Wednesday 8th February 2012, 8:40am
Cable operator Virgin Media posted fourth quarter results ahead of expectations and showed it could generate strong cash flow as customers flocked to its new TV service and fast broadband offerings.
Much like its rival BSky the cable...
Wednesday 8th February 2012, 8:28am
Travel group Thomas Cook said it had managed to hold on to market share despite tough trading conditions, rebuffing comments by rival TUI Travel which has said it is benefiting from its rivals difficulties.
The company, which secured a...
Wednesday 8th February 2012, 8:16am
BHP Billiton, the world's biggest miner, reported a rare fall in earnings, hurt by labour battles and weaker commodity prices, but the result showed it was still in a different league from its would-be rival: Glencore-Xstrata.
Despite the...
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Wednesday 8th February 2012, 2:48am
Glencore could be forced to boost its offer for Xstrata after two of the miner’s top shareholders said they would refuse to vote in favour of the £56bn merger.
The two commodities giants unveiled a deal yesterday that would see Glencore...
Wednesday 8th February 2012, 2:47am
Barclays’ investment bank BarCap has been brought in as an adviser to Xstrata, writes David Hellier. Its appointment came late on Monday night, too late for the bank to be named in the official announcement yesterday. Its inclusion will help...
Editor's Letter
Allister Heath
UK can’t count on others messing up
THERE are two ways a country can do well. The first is to introduce domestic policies that boost work,...
