By Rachel Cooper, City Reporter (Markets)Published: 7:38PM GMT 23 Feb 2010 Previous of Companies Next FTSE 100 FTSE 250 Following a listless session on Monday, the blue-chips failed to gain momentum on Tuesday and swung between gains and losses, finally ending the day down 36.98 at 5315.09. Bank of England governor Mervyn King’s sombre perspective on [...]
By James Quinn, US Business EditorPublished: 7:04AM GMT 24 Feb 2010 Comments 8 | Comment on this article Toyota Motor Corp President Akio Toyoda Photo: REUTERS “Quite frankly, I fear the pace at which we have grown may have been too quick,” the grandson of Toyota’s founder said in prepared testimony to the US House [...]
Published: 3:48PM GMT 23 Feb 2010 Around 3.1 million people in England rented a property privately during 2008/09, up from 2.1 million in 2001, according to the English Housing Survey. The increase, which is likely to have been driven by house price rises pushing home ownership out of many people’s reach, was accompanied by a [...]
By Graham RuddickPublished: 5:59PM GMT 23 Feb 2010 Pendragon Trevor Finn, chief executive, said sales of new Jaguars, BMWs and Audis were in “recovery mode” after a torrid 2009 as buyers are attracted by low financing costs and new car prices being cheaper than second-hand models because of a shortage of old cars. Mr Finn [...]
By Emma WallPublished: 12:14PM GMT 23 Feb 2010 Phil Smith received #1.2m payout from his critical illness insurance after being diagnosed with skin cancer. He now has the all-clear and his family has financial security. Photo: Christopher Jones Nearly two-thirds of the population have no form of financial protection if they die or become critically [...]
Published: 6:58PM GMT 21 Feb 2010 RBS is forecast to make a loss of £5bn and Lloyds £4.5bn. The results are likely to be overshadowed by the row over bonuses, although Mr Hester has forestalled criticism by waiving his expected £1.3bn bonus. His Lloyds counterpart Eric Daniels may yet decide to forgo his bonus entitlement [...]
By James HallPublished: 11:09PM GMT 21 Feb 2010 EMI said it was looking to keep Abbey Road as a working studio. The Beatles recorded the majority of their albums there Photo: Apple Corps Ltd 2009/PA Wire EMI said on Sunday that it is in discussions with potential parties “with a view to them financing these [...]
By James HallPublished: 11:12PM GMT 21 Feb 2010 In what is likely to be the most politically-charged conference for years, Peter Kendall, the NFU president, will say that any short-term moves by the Department for Environment, Food and Rural Affairs (DEFRA) to make cost savings could damage the UK’s farmers and produce growers. Hilary Benn, [...]
By Angela MonaghanPublished: 9:22PM GMT 20 Feb 2010 Insurance records on Toyota have been requested by congressional committees In the latest development in the Toyota recall crisis, State Farm, the US insurer, said it had reviewed its records and found it had contacted safety regulators in 2004. Related Articles Electric cars forced to make [...]
By Harold TillmanPublished: 10:01PM GMT 21 Feb 2010 It is easy to dismiss designers – and London Fashion Week – as an elite, niche part of the fashion sector. After all, London Fashion Week is a trade show with attendees limited to buyers and media. But, in fact, they are at the very heart of [...]