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Thursday 21 October 2010
Bookmaker William Hill said it expected to report operating profit at the top-end of analysts' expectations after a strong third-quarter helped by favourable football results and the later stages of the World Cup.
Thursday 21 October 2010
Defence group BAE Systems said changes from the armed forces review would hit growth this year and reduce earnings per share next year.
Thursday 21 October 2010
Debenhams met expectations with a 21 per cent rise in year profit and predicted more growth in 2010-11 as it benefits from a shift to higher margin own-bought products.
Thursday 21 October 2010
Credit Suisse's third-quarter net profit tumbled 74 per cent to miss forecasts, as sluggish equities trading halved investment banking earnings from the previous quarter.
Thursday 21 October 2010
Axe falls as Britain gears up for biggest cuts since 1976 Chancellor slashes welfare bill by £18bn to shield departments Middle class child benefit cut will affect 300,000 more families
Thursday 21 October 2010
SPENDING FIGURES This fiscal year current expenditure will be £637.3bn. In 2011-12, current spending will be £651.1bn, followed by £664.5bn in 2012-13, £678.6bn in 2013-14 and then £692.7bn in 2014-15.
Thursday 21 October 2010
IT was a timely reminder that action is desperately required to tackle Britain’s out of control budget deficit.
Thursday 21 October 2010
A RARE three-way split has emerged among the members of the Bank of England’s Monetary Policy Committee (MPC), which earlier this month voted to hold rates at 0.5 per cent and asset purchases at £200bn.
Thursday 21 October 2010
THE Takeover Panel is today set to reject the most extreme changes to the takeover regime which were mooted in the wake of Kraft’s acquisition of Cadbury, as it concludes a sweeping investigation into the way large M&A deals are governed.
Thursday 21 October 2010
MORGAN Stanley’s chief executive James Gorman yesterday admitted he was “not satisfied” with the bank’s performance in the third quarter, when it swung into the red due to a poor trading environment and a writedown on the planned disposal of casin
Thursday 21 October 2010
MALCOLM Calvert, the ex-Cazenove partner released from jail earlier this month after serving just a third of his 21-month sentence for insider dealing, has dropped his appeal against the High Court’s conviction, bringing to a close the most high-p
Thursday 21 October 2010
BLACKROCK, the world’s largest asset manager, posted sharply better-than-expected quarterly earnings last night, as it attracted more assets from clients and earned stronger fees on the back of a stock market rally in September.
Thursday 21 October 2010
FINANCIAL TIMES
Thursday 21 October 2010
MPs always like to take their medicine with a dollop of sugar, ideally well-mixed with a slather of school-boy sneers and jeers. The public, on the other hand, won’t swallow anything but the bitterest pill when it comes to bad news.
Thursday 21 October 2010
WINNER | MICHAEL GOVE WINNER | ANDREW LANSLEY LOSER | VINCE CABLE LOSER | THERESA MAY ANALYSIS
Thursday 21 October 2010
MAYOR of London Boris Johnson yesterday painted the chancellor’s decision to protect the capital’s major transport funding as a triumph, upholding London’s competitiveness as a major economic hub at a time when tax and regulatory changes are hamme
Thursday 21 October 2010
It was a little like watching spectators at a tennis match in the City yesterday lunch time, as eyes flipped back from Osborne on the TV to prices on dealing screens.
Thursday 21 October 2010
PUBLIC borrowing unexpectedly rose to a record high for September, demonstrating the sheer scale of the challenge facing the coalition government as it yesterday unveiled deep spending cuts.
Thursday 21 October 2010
THE Lib Dems yesterday insisted they had won a partial victory despite the swingeing budget cuts.
Thursday 21 October 2010
CHANCELLOR George Osborne yesterday appeared to soften his stance slightly on the taxes pummelling the banking sector, admitting for the first time that draconian measures run a real risk of hounding firms out of the country.
Thursday 21 October 2010
ALAN Johnson, the new shadow chancellor, yesterday dismissed claims the spending review was fair and tried to portray the coalition as ideologically-driven cutters who would squeeze the middle classes.
Thursday 21 October 2010
POLITICAL EDITOR
Thursday 21 October 2010
GREEN energy campaigners were horrified yesterday as the government quietly introduced a shock £1bn stealth tax on firms’ carbon emissions.
Thursday 21 October 2010
MILLIONS of people will be forced to work longer before they can collect their pension the government said yesterday as it first equalised the state pension age to 65 from 2018 and then raised it to 66 from 2020.
Thursday 21 October 2010
THE CASH budget for UK science will be maintained, the chancellor pledged yesterday as he prioritised support for the UK’s world class science community.
Thursday 21 October 2010
CRIMINAL justice faced one of the biggest shake-downs of the spending review yesterday, with 20 per cent of its budget being cut.
Thursday 21 October 2010
EVEN the Queen felt the pain of yesterday’s cuts. George Osborne said the Queen had “graciously” agreed to do her bit.
Thursday 21 October 2010
THE Trustees of the BBC board considered resigning en masse if the coalition pressed ahead with plans to shoulder the institution with the cost of providing free licences to over 75s.
Thursday 21 October 2010
COMMUTERS will face more misery as the price of rail fares rockets over the coming years. The capped regulated price of train tickets will rise by three per cent over inflation over three years, starting in 2012.
Thursday 21 October 2010
AN unexpected perk of the Comprehensive Spending Review was an increase of £2m in capital expenditure on the figure announced in the June budget.
Thursday 21 October 2010
THE CUTS to the defence budget announced on Tuesday were fleshed out yesterday, as the US government gave its support to the UK’s military.
Thursday 21 October 2010
LOCAL government will bear the brunt of some of the harshest cuts in the entire spending review, prompting one expert to predict the collapse of a number of companies that rely on outsourcing work.
Thursday 21 October 2010
OVERSEAS aid was shielded from yesterday’s cuts, though the department for international development (DfID)?will halt aid payments to China and Russia and reduce its administration costs to help bring the deficit down.
Thursday 21 October 2010
CHANCELLOR George Osborne said yesterday that 150,000 affordable homes will be built by 2015, in a bid to ease the housing shortage. The spending review also promised to make it simpler to get permission to build new homes.
Thursday 21 October 2010
THE GILTS EXPERT Killik & Co provides advisory services to private investors of all sizes. It offers advice on a wide range of financial matters, including CFDs, equities, fixed income markets and funds of funds
Thursday 21 October 2010
THE withdrawal of child benefit from higher rate taxpayers in 2013 will hit 300,000 families more than the government had first believed, it emerged yesterday.
Thursday 21 October 2010
SIXTH forms and further education colleges face stark cuts, though schools have been granted a real term budget rise, the coalition confirmed yesterday.
Thursday 21 October 2010
THE chancellor announced a fresh crackdown on benefit fraud yesterday as well as a further £7bn of cuts to the welfare budget on top of the £11bn savings announced in June.
Thursday 21 October 2010
Convenience food maker Uniq has devised a unique way of resolving its crippling pension deficit – by effectively selling itself to its pension trustees.
Thursday 21 October 2010
Just how do the Apprentices manage to be so peppy at 6am? Could it be down to the little motivational chats they give themselves as they stare into the mirror? “Looking good”, “bring it on”, “raring to go” they intoned.
Thursday 21 October 2010
GROSS mortgage lending fell to just £12bn last month, which was the lowest September total for a decade, figures from the Council of Mortgage Lenders (CML) revealed yesterday.
Thursday 21 October 2010
London Stock Exchange chief executive Xavier Rolet will appear next week before the Treasury select committee, to give evidence on its inquiry into financial regulation in the UK.
Thursday 21 October 2010
Shieldtech, which supplies body armour to soldiers in Afghanistan and 25 police forces around the UK has gone into administration.
Thursday 21 October 2010
HOME Retail Group yesterday said that cash-strapped customers were abandoning its cut price retailer Argos as sales dopped.
Thursday 21 October 2010
BUSINESS leaders and the government yesterday vowed to fight controversial draft EU proposals to extend maternity leave to a mandatory 20 weeks at full pay.
Thursday 21 October 2010
Home Retail Group attempted to put a shine on some fairly grim – if expected – figures yesterday by claiming its Argos iPhone app had been a storming success.
Thursday 21 October 2010
THE AGE of the pre-nup has finally arrived in the UK. The Supreme Court yesterday upheld a landmark ruling that gives credence to prenuptial agreements in England and Wales.
Thursday 21 October 2010
FRENCH President Nicolas Sarkozy yesterday moved to wrest control back from strikers who have brought the country to its knees.
Thursday 21 October 2010
THE PROSPECT of budget cuts have not deterred entrepreneurs this year with the number of start-ups in the UK growing at its fastest rate since 2007, according to the latest Simply Business start-up index released yesterday.
Thursday 21 October 2010
FREIGHT company Stobart Group has cut its full-year profit forecast and warned that government spending cuts and tax rises could hit volumes in 2011.

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