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Today's announcement that confidence in the UK manufacturing industry is at a 30 year low is yet another knock for an industry which has been under pressure for over a decade. As the UK economy...
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Saturday 13th September 2008
Richard Branson the peoples champion? As the battle between Richard Branson and British Airways looks set to move up a notch after the announcement of the proposed merger between British Airways and American Airlines many people are...
Saturday 13th September 2008
Is the Alitalia airline going out of business? When Italian airline Alitalia applied for protection from creditors many had assumed that this was the first step towards the rehabilitation of the group. However, reports coming out of Italy...
Friday 12th September 2008
Lufthansa flies the flag for Europe While it was expected by many in the industry, the news that the Lufthansa airline is currently in talks to acquire Scandinavian airline group SAS is set to push Lufthansa to second in the European...
Friday 12th September 2008
Is this the end for Lehman Brothers? Despite some positive spin earlier in the week it looks as though the life of US financial giant Lehman Brothers is coming to an end as we know it. News that the US authorities are not willing to...
Thursday 11th September 2008
Sports Direct hits a sticky patch While Sports Direct owner Mike Ashley has been in the news of late with regards to his investment in Newcastle United Football Club and the turmoil caused by the departure of Kevin Keegan, it seems...
Thursday 11th September 2008
Regulatory spotlight to fall on absolute return funds Absolute return funds are to be investigated by the Financial Services Authority (FSA), the regulator has indicated. The funds are a relatively new type of investment vehicle, which promise return...
Thursday 11th September 2008
Lehman Brothers to sell the family silver News that the end is neigh for Lehman Brothers must have been a very hard pill to swallow for the company’s 20,000 employees throughout the world. The group is going to be split into two, with...
Thursday 11th September 2008
Was T5 worth all of that money and bother? News that the performance of Heathrow is as low now as it has ever been in recent history does not back up the wild promises of BAA and British Airways prior to the opening of the ‘white elephant’...
Tuesday 9th September 2008
Is this the end for Lehman Brothers? News that one of the main icons of the US investment industry is again in serious trouble has seen the shares of Lehman Brothers Holdings fall by over 40%. Despite reports last month that the...
Tuesday 9th September 2008
Northern Rock valuer to receive £4.5 million! As the government reveals the appointment of an independent valuation expert to arrive at a ‘price’ for Northern Rock it has been revealed that Andrew Caldwell, the man in question, will be paid a...
Tuesday 9th September 2008
Will the tax payer need to bailout the London Underground? News that improvements to the London Underground which are planned for 2010 – 2017 will cost an extra £1 billion more than official estimates has led to suggestions that the UK taxpayer will...
Tuesday 9th September 2008
Even the directors are suffering! News that directors pay rises are falling would probably have induced some sympathy in the past but when it is revealed that the rate has fallen from 7% a year to ‘just’ 6.2% a year, i.e. well...
Tuesday 9th September 2008
Town of Lewes launches own currency In a move which seems to be as much about getting publicity for the town as actually encouraging local spending, the town of Lewes in East Sussex has begun printing its own money. The idea is that...
Tuesday 9th September 2008
FSA denies pushing Nationwide to bail out struggling societies It seems as though in many ways the Financial Service Authority (FSA) cannot win with criticism of its role in the bail out of the Derbyshire and Cheshire building societies starting to grow....
Tuesday 9th September 2008
Clive Cowdery set to float Resolution Group While he has been in the news of late with regards to his failed bid to get a stranglehold of Bradford and Bingley it seems that Clive Cowdery has far greater ambitions with plans to float his...
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