Budget Headlines : Extra £9 billion of efficiency savings by 2013/14
Extra £9 billion of efficiency savings by 2013/14
Share this..
Related stories
ASDA rewards staff with £1.6 million bonus scheme
UK supermarket giant Asda has today announced a £1.6 million bonus scheme which will see staff with a minimum of three years service receive an average bonus of £130. When you consider the average Asda employee has been with the operation for five years, it would appear that the vast majority of those working for the Wal-Mart subsidiary will benefit financially.
At a time when man...
Intel issues upbeat statement on the PC market
Despite the fact that large ticket items such as PCs and other electronic equipment have been hit hard during the recession, today's forecast from US chip giant Intel has filled many researchers and analysts with hope for the future. It would appear that estimates for Intel are very much on the cautious side and the company has indicated it is trading better than the market is currently forecastin...
Read More2014 could put many homes out of reach for buyers
16/12/2013 It is expected during 2014 that house prices could increase by 8%, which would push the average house price above £250,000. According to the property website Rightmove this increase is said to be caused by a combination of growing confidence in the housing market and the lack of supply of homes coming onto the market. The average British home will cost a buyer between £250,000...
Read MoreWill the last investor to leave Dubai please switch off the lights!
As the Dubai crisis continues to worsen over the weekend, with news that the Abu Dhabi authorities are not willing to become involved in a wholesale bailout, there is concern for the short to medium term outlook. It looks as though the Abu Dhabi authorities will "cherry pick" the best assets from Dubai and offer financial assistance to gain control of these particular investments. So what happens...
Read MoreBritish Airways primed for emergency fundraising
It has been revealed that British Airways is currently in talks with institutional shareholders regarding a possible emergency rights issue which would raise significant funds to see the company through its current problems. Rumours suggest that up to £500 million could be raised by British Airways in the short term as the company looks to cut costs and reinvigorate the balance sheet which has ta...
Read More