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We'll beat storm, say Debenhams & Next

next

Tuesday, January 06, 2009

Two of Britain's biggest High Street names today revealed just how rocky Christmas has been, with sales slumping as the recession bit hard.

Debenhams and Next admitted that retailers are in the grip of the toughest trading conditions for decades.

But there was fighting...

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LSE 'was against the ban on short-selling'

LSE

Tuesday, January 06, 2009

The London Stock exchange today revealed how much it had disagreed with the ban on short-selling of shares in banks and other financial...

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Imps and Compass bosses in the money

imperialtobacco

Tuesday, January 06, 2009

Supposedly there's a recession, but don't ask the chief executives of Imperial Tobacco or Compass for details. Both men got a bonus of more...

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Europe's energy crisis deepens as Russia cuts gas

Moscow

Tuesday, January 06, 2009

Europe was plunged into energy crisis today as Russian gas imports were cut by up to 75% and political tensions sent the oil price soaring back...

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Banks under threat after short-selling ban lifted

BankSigns

Tuesday, January 06, 2009

Halifax Bank of Scotland came under fresh attack after the City watchdog signalled the ban on short selling financial shares would lapse next...

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Marks & Spencer 'to axe 1,000 jobs'

M&S

Tuesday, January 06, 2009

Marks & Spencer plans to cut more than 1,000 jobs, it emerged last night. The country's largest clothing retailer - which has 70,000 workers in...

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Aston Martin backer seeks to sell stake

AstonMartin

Tuesday, January 06, 2009

Aston Martin's main Arab investor is in talks talks to sell 10% of its stake to a mystery Saudi investor. Question marks have hung over the...

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Top bosses lost £400m in market collapse

hornby

Tuesday, January 06, 2009

Britain's top bosses lost over £400m between them following last year's record plunge on the stock exchange, according to research. The chief...

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Viyella's future hangs in the balance

Tuesday, January 06, 2009

The future of women's clothing retailer Viyella hung in the balance last night. Executives at the company, which has 120 stores and concessions...

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A record slump for building industry

Persimmon

Tuesday, January 06, 2009

Britain's construction industry rounded off 2008 with a record slump in business. The Chartered Institute of Purchasing and Supply's index...

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