Diabetes UK has today launched the Get Serious campaign, which aims to raise awareness about the disease. The Get Serious campaign aims to get as many people as possible to sign up to show their commitment to get serious about diabetes. Diabetes UK is asking supporters to do something about diabetes, such as making lifestyle changes, organising [...]
Continue reading...19. October 2009
BAA will be appealing against an order by the Competition Commission to sell three of its airports. A ruling by the competition chiefs in March ordered BAA to sell Gatwick, Stansted and Edinburgh or Glasgow airports within two years. However, BAA will be appealing to the Competition Appeal Tribunal under an argument of "apparent bias" against it. [...]
Continue reading...19. October 2009
Mortgage affordability will be tested by lenders under major reforms to the UK mortgage market announced today. But the Council of Mortgage Lenders (CML) has called the reforms "ironic" given the need to encourage lending and the flow of mortgage finance to aid the beleaguered housing industry. The Financial Services Authority (FSA) set out the proposals under [...]
Continue reading...19. October 2009
The FTSE 100 jumped over one per cent in the first hour of trading on Monday. At 09:00 BST, the London index had risen by 69.15 points to 5,259.39. Miners proved the backbone again of the rises – with silver miner Fresnillo gaining 3.52 per cent. Kazakhmys rose 3.26 per cent and Anglo American gained 3.11 per cent. Property [...]
Continue reading...19. October 2009
Emotional tributes were paid to Boyzone singer Stephen Gately at his funeral in Dublin on Saturday. His bandmates, Ronan Keating, Keith Duffy, Mikey Graham and Shane Lynch, all paid tribute to the 33-year-old. Keating also sang In This Life during the ceremony and told the congregation: "I have lost my brother. "Life will never be the same. [...]
Continue reading...19. October 2009
Royal Mail has said it will recruit 30,000 temporary members of staff to deal with the upcoming strike action by postal workers. Industrial action is set to begin on Thursday October 22nd with mail centre staff and network drivers walking out. The following day delivery and collection workers will also take strike action. The Communications Workers Union [...]
Continue reading...16. October 2009
The FTSE 100 ended the week under the 5,200 level and down on the day. Friday saw the index close at 5,190.24 – down 32.71 points or 0.63 per cent. Over the week, the index was up 0.68 per cent. Experian ended the day up 2.98 per cent, followed by security group G4S up 2.76 per cent. Petrofac [...]
Continue reading...16. October 2009
The FTSE 100 followed gains last night in New York by pushing to new highs for the year. At 08:47 BST, the index was at 5,268.59 – rising 45.64 points or 0.87 per cent. Leading the gains was Lloyds Banking – following an upgrade from Deutsche Bank. The lender was up 3.89 per cent to 94.97p. Lloyds Banking also [...]
Continue reading...16. October 2009
National Express’s main shareholders have dropped a £765 million bid to buy the company. The Cosmen family, who own an 18.5 per cent stake in the transport group, had joined private equity group CVC in a joint bid to takeover the firm. Stagecoach had offered to buy bus and rail operations from National Express if the deal [...]
Continue reading...16. October 2009
Google has reported their profits soared 27 per cent when compared to last year, recording a net profit of £1 billion for the third quarter. Chief executive of the search engine Eric Schmidt said he believed the worst of the global financial crisis was now behind us. He announced today that the firm had seen a seven [...]
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19. October 2009
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