Standard Life profits up August 14, 2012 British insurer Standard Life said today its half-year profit rose by a forecast-beating 15 per cent thanks to cost cuts and strong growth in Britain. Edinburgh-based Standard Life, Britain’s fifth-biggest insurer, made an operating profit of £302m in the first six months of 2012, surpassing the £254m expected by analysts in a poll. The improvement [...]
BAA July traffic down as Britons stay home for Olympics August 14, 2012 British airport operator BAA reported a 4.1 per cent fall in July passenger traffic year on year as Britons stayed home to watch the Olympics and tourists deferred their holidays until after the Games. BAA, owned by Spanish infrastructure group Ferrovial, said today that 9.6 million passengers passed through its five UK airports last month, [...]
House prices show biggest fall in a year August 14, 2012 British house prices experienced their most widespread falls for a year in the three months to July, and surveyors do not expect the outlook to improve over the next 12 months, a survey by the Royal Institution of Chartered Surveyors (RICS) showed today. The figures, which also show sellers hanging back, reinforce a generally gloomy [...]
