Business News
Tories lay out cost neutral plan to cut fuel duty
A cut of 5p a litre in the price of petrol and diesel was proposed by the Tories yesterday, with radical plans to change the way tax is levied on fuel in the wake of record global prices for oil.
Inside Business News
Berkeley directors bag £60m payout in spite of sector slump
Monday, 7 July 2008
Four directors of the housebuilder Berkeley are set to receive payouts worth almost £60m, at a time when the rest of the sector is struggling to keep its head above water.
Agency jobs fall at fastest rate in 5 years
Monday, 7 July 2008
The number of people being placed in permanent jobs by recruitment agencies fell at its fastest rate for more than five years in June – yet further evidence of the severity of the slowdown in the UK economy.
Merseyside pension fund leads fight to invest ethically
Monday, 7 July 2008
Liverpool City Council will this week become one of the first UK local authorities to try to prevent the region's public sector pension fund from investing in the def-ence industry.
Property sector hit by tax changes
Monday, 7 July 2008
A substantial increase in the number of commercial properties standing open will result in a significant tax windfall for the Treasury thanks to new rules introduced this year, leading accountants are warning.
Price of toys soars on China growth
Monday, 7 July 2008
The retail price of toys has risen sharply this year, as retailers pass on to customers soaring costs coming out of China. Gary Grant, chairman of the Toy Retailers Association and founder of retailer The Entertainer, said: "In some cases, we have [seen] a 10 per cent increase in retail prices."
B&B;'s big four investors want Cowdery back
Sunday, 6 July 2008
Clive Cowdery, boss of the Resolution buyout fund, has turned down approaches from Bradford & Bingley's big four investors to return to the mortgage lender once its £400m rights issue is underwritten.
Alchemy and RJD get in gear to bid for Aviva's motoring brands
Sunday, 6 July 2008
Buyout legend Jon Moulton and turnaround specialist RJD Partners are preparing bids for motoring divisions being auctioned by Aviva this month.
F1 authorities 'broke the rules' over McClaren's $100m fine
Sunday, 6 July 2008
The McLaren Formula One team starts today's British Grand Prix trailing its rival Ferrari in the standings, but it could be in for a timely boost as questions are raised about the validity of the $100m (£50m) fine slapped on it last year.
Builders brace for brickbats from the Square Mile
Sunday, 6 July 2008
The extent of the collapse in the housebuilding market will be revealed this week with trading statements from Barratt Developments and Persimmon, two of the sector's big three.
EDP on brink of buyout
Sunday, 6 July 2008
The management of Electronic Data Processing, the London-listed technology group, is believed to be readying itself to make a bid for the firm as early as this week.
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1 Tories lay out cost neutral plan to cut fuel duty
2 Agency jobs fall at fastest rate in 5 years
3 We're riddled with debt... but the cure is a killer
4 Stephen King: It's time for the central banks to take a lesson in emerging market economics
5 The stock market: how bad can it get?
7 F1 authorities 'broke the rules' over McClaren's $100m fine
8 Property sector hit by tax changes
9 Berkeley directors bag £60m payout in spite of sector slump
10 Housebuilders partied like it was '89. And now the pain is like '91
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1 We're riddled with debt... but the cure is a killer
2 Berkeley directors bag £60m payout in spite of sector slump
3 Stephen King: It's time for the central banks to take a lesson in emerging market economics
4 Oligarch's vision of a Russian giant
5 The Week Ahead: Can struggling Barratt construct a recovery?
6 Ilva hits the buffers after two years in the UK
7 Housebuilders partied like it was '89. And now the pain is like '91
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