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It may seem rather unnecessary to those not in the services, entertainment and food industry but an announcement by Lord Mandelson this regarding tips received by those in the hospitality sector...
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Wednesday 30th July 2008
Eight Suspects Released In Insider Trading Probe Yesterday we reported on the eight arrests on alleged insider dealing and market abuse allegations, with the FSA and City of London police swooping on a number of offices and homes early yesterday...
Tuesday 29th July 2008
FSA Make Eight Arrests For Alleged Insider Dealing While the Financial Services Authority (FSA) has been very vocal in its pursuit of those who use and abuse the stock market in the UK, until now this has all been with very little end product....
Tuesday 29th July 2008
Tesco Long Term Debt Rating Is Lowered News that Standard and Poors (the well know credit ratings agency) has lowered the long term and short term credit rating for Tesco from ‘A-‘ to ‘A’ and ‘A-2’ to ‘A-1’ respectively has surprised...
Tuesday 29th July 2008
British Airways In Merger Talks With Iberia Hot on the heels of a very difficult day for the airline industry, after the profits warning from Ryanair, it has been confirmed that British Airways and Spanish airline Iberia are in merger talks....
Monday 28th July 2008
Ryanair Shares Dive After Revealing Loss News that budget airline Ryanair has posted a loss of some Euro90 million for the first quarter has seen the shares marked down over 20% this morning. The group has also advised the market that a...
Monday 28th July 2008
UK Banks Set To Throw In The Kitchen Sink As we approach the bank reporting season in the City it looks as though the banks will be out to paint as bad a picture as possible in the short term to justify the many cash calls we have seen....
Saturday 26th July 2008
British Airways Price Fixing Case Set For Court It has been announced that the Office of Fair Trade (OFT) is set to charge four former British Airways executives for their part in an alleged plot to fix fuel surcharges with Virgin Atlantic...
Friday 25th July 2008
A Bad Start To Wedded Life Upmarket wedding list company Wrapit has hit the skids with a flurry of angry customers hitting the internet to tell the world about their experiences. It has been alleged that some customers have...
Friday 25th July 2008
Rentokil Issues Another Profits Warning Shareholders in Rentokil have again been left licking their wounds as the company issued its fourth profits warning in just eight months. While the group blames a failed attempt to reorganise the...
Thursday 24th July 2008
GlaxoSmithkline Invests For The Future Those who have ever watched the business program ‘The Dragons Den’ will be well aware of the format which sees budding entrepenurs bid to secure additional funding from a panel of business people....
Wednesday 23rd July 2008
BP Looks To Escape A Russian Nightmare While BP has always been one of the more active corporate players in the Russian market, even the oil giant seems to have seen enough. The group has announced that all 148 BP staff who were...
Wednesday 23rd July 2008
Why Are Some Investors Buying Shares When The Markets Continue To Fall? One peculiar aspect about the stock market which many people cannot get their heads around is the fact that for every buyer there needs to be a seller and vice-versa. So if the markets continue to...
Wednesday 23rd July 2008
Moneysupermarket.com Receives Bid Approach News that Moneysupermarket.com, the leading UK financial online comparison site, has received a bid approach has seen the share jump by almost 50% to around 85p. While the bid approach has been...
Wednesday 23rd July 2008
Vodafone Announce £1 Billion Share Buy Back In a move which is as much about good investment as it is about showing confidence in the future, Vodafone has announced a £1 billion share buy back program which will see the group buy...
Tuesday 22nd July 2008
Can Energy Cost Reductions Save Jobs? The government sponsored Carbon Trust has just released a detailed report into the UK business market and the lack of energy efficient systems in the work place. The Trust estimates that over...
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