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2008-07-05

Pensioners bear brunt of inflation

Pensioners have seen the average cost of living soar by more than a third during the past 10 years, research showed on Saturday.

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2008-07-05

M&S's Rose set for showdown

Marks and Spencer (MKS.L: Quote, Profile, Research) boss Stuart Rose, lauded for reviving the landmark retailer just a year ago, is battling to save his job after a big profit warning and bungled management changes.

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2008-07-04

B&B ups rights issue size

Bank Bradford & Bingley said it plans to increase the size of its rights issue to 400 million pounds after U.S. private equity firm TPG Capital pulled out of a plan to buy a stake.

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2008-07-04

Barratt may cut 1,000 jobs

House builder Barratt Developments is set to cut 1,000 jobs, the Daily Telegraph reported on Friday.

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2008-07-04

Australia's Origin rejects BG Group bid

Australia's Origin Energy Ltd urged shareholders on Friday to reject a $13.1 billion (6.6 billion pound) bid from gas company BG Group, as speculation grew over whether BG would raise its offer.

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2008-07-03

Greene King full-year profit up 2 percent

Pubs group Greene King reported a 2 percent increase in full-year profit on Thursday as a 31 percent rise in food sales offset the impact of a smoking ban and consumer downturn.

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2008-07-03

Game Group says slightly ahead of expectations

Computer games retailer Game Group said on Thursday its first-half performance was slightly ahead of its expectations, boosted by strong demand for new releases like Grand Theft Auto IV and Wii Fit.

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2008-07-03

BHP says gets partial U.S. anti-trust clearance

BHP Billiton has received partial clearance from U.S. anti-trust watchdogs to proceed with its bid for rival Rio Tinto, BHP said on Thursday.

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