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By: John Dunne

All 3850 Articles
  • House prices slip in June

    July 12, 2011

    House prices fell more than expected last month, as worries about the economic outlook deterred homeowners from putting their properties up for sale and buyers remained hesitant, a survey showed Tuesday. The Royal Institution of Chartered Surveyors’ seasonally adjusted house price balance inched up to -27 in June from -28 in May, below forecasts for [...]

  • Economy growing but recovery fragile, says BCC

    July 11, 2011

    Britain’s economy grew very slightly in the second quarter and a slowdown in export demand suggests the recovery is fragile, a survey showed. The British Chambers of Commerce (BCC) – which represents companies employing around one in six workers – said the rebalancing of the economy was not yet strong enough, and that firms faced [...]

  • Phone hacking scandal widens to other Murdoch papers

    July 11, 2011

    Former prime minister Gordon Brown is the latest alleged victim of phone hacking by newspapers – but it is believed to be the Sunday Times that used his personal details in press reports. The allegations mark an explosive turning point in the phone hacking scandal that has to date focused solely on the paper’s stablemate [...]

  • Michael Page profit rise fuelled by full-time jobs

    July 11, 2011

    British recruitment company Michael Page International posted a 32 per cent jump in second-quarter gross profit, driven largely by a rise in permanent placements in the period. Michael Page, which finds jobs for people in the financial, accounting and legal services sectors, said it expected 2011 profit to be broadly in line with current market [...]

  • Southern Cross to close as landlords jump ship

    July 11, 2011

    Embattled British care homes operator Southern Cross Healthcare said it would close down after all of its landlords deserted the embattled group. Southern Cross said in a statement that it would ensure that its 31,000 residents would continue to be cared for, and the interests of the employees of its 752 care homes safeguarded, as [...]

  • Renault boosted by sales outside Europe

    July 11, 2011

    French carmaker Renault edged its full-year forecast for the global market lower on Monday as growth outside Europe helped its own first-half sales of cars and light commercial vehicles rise 1.9 per cent. Renault, whose partner is Japan’s Nissan Motor, forecast diverging trends between Europe and the rest of the world in the second half, [...]

  • Centrica raises gas and electricity prices

    July 8, 2011

    Centrica has said that it will raise its gas and electricity prices. The British has owner will increase gas prices by 18 per cent and electricity by 16 per cent. British Gas customers to see their bills fly up 25 per cent or £258, the average household bill for a dual British Gas customer will [...]

  • FTSE solid as investors eye US jobs data

    July 8, 2011

    The FTSE 100 started out on the front foot today as investors awaited key US jobs data to assess the strength of the country’s economic recovery. Positive performances on Asian markets and on Wall Street buoyed sentiment in London with the non farms payroll figures to set the tone for trading later. Greece will also [...]

  • ‘The buck stops here’ says PM as Coulson is arrested

    July 8, 2011

    David Cameron has said that a judge will lead the inquiry into the media phone hacking scandal, while he took full responsibility for hiring Andy Coulson. His former press secretary was arrested and faces questioning over his role in the scandal as former editor of the tabloid. Coulson has denied any knowledge of phone hacking [...]

  • Smiths says News of the World closure will have “minimal impact”

    July 8, 2011

    Britain’s biggest wholesaler of newspapers, magazines and books Smiths News said it expected “minimal financial impact” from the closure of the News of the World as readers switch to other titles. News International said the weekly tabloid would be published for the last time on Sunday as a result of the phone hacking scandal which [...]

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