Business

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Business News

Rates held at 0.5%

Rate-setters held back from further aid for the economy today as the Bank of England paused for breath in its battle against recession.

Inside Business News

500,000 new customers weekly for Morrisons

Thursday, 4 June 2009

Supermarket Morrisons today said it attracted half a million more new customers each week to its stores in the first quarter as like-for-like sales rose 7.3 per cent.

C4 close to Worldwide deal as landmark report looms

Thursday, 4 June 2009

BBC expected to agree joint venture to secure C4's future 'within days'

M&S boss sees 28% jump in pay package

Thursday, 4 June 2009

Marks & Spencer boss Sir Stuart Rose saw his total pay package jump 28 per cent last year despite a 40 per cent fall in profits at the retail giant, it was disclosed today.

Jobs at risk as dairy firm calls in administrators

Thursday, 4 June 2009

The future of 2,200 jobs was at risk today after milk co-operative Dairy Farmers of Britain (DFOB) collapsed into administration.

Scrappage effect awaited as car sales fall again

Thursday, 4 June 2009

New car sales fell sharply last month, with the motor industry saying that it would take time for the Government's "cash for bangers" scrappage scheme to take effect.

Debenhams launches investor cash-call

Thursday, 4 June 2009

Debenhams today launched an investor cash-call for around £323 million as it looks to reduce its debt mountain.

Recovery could arrive much sooner than expected

Thursday, 4 June 2009

One of the most eagerly awaited and bullish indicators of recovery in the British economy was published yesterday. The latest survey of business confidence in the services sector showed that output may already have started to rise in that part of the economy – which comprises 70 per cent of the total.

Borders UK hires Clearwater to advise on sale options

Thursday, 4 June 2009

Luke Johnson poised to exit his investment in chain

Barclays to shut final salary pension plan

Thursday, 4 June 2009

Union outrage at shift to defined contribution only

Jobs and home loans temper US optimism

Thursday, 4 June 2009

The United States may have hit a bump on the road to economic recovery, according to data released on Wednesday, with half a million private sector jobs lost in May and mortgage applications falling last week in the face of rising interest rates.

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