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EDF Energy hike prices by 15%

15/09/2011

EDF Energy have announced that, as of November 10th, they will raise the price of gas by 15.4% and electricity by 4.5%.


 

Rogue trading costs Swiss bank UBS $2 billion

15/09/2011

Rogue trading by a member of staff at Swiss bank UBS has cost the investment bank in the region of $2 billion (£1.3 billion).


 

Government urged to stick to pension reform plan

14/09/2011

The Confederation of British Industry has issued a stark plea to the government: ‘stick to your guns’ on public sector pension reform, despite the looming threat of widespread industrial action.


 

UK firms keen to capitalise on African opportunities

14/09/2011

British businesses discussed opportunities to play a pivotal role in driving forward business development in Africa at a new Sub-Saharan Africa Task Force which met in London on Wednesday.


 

Unions preparing for widespread strike action

14/09/2011

Union leaders have said that there are plans for a widespread campaign of industrial action over government plans for public sector pensions.


 

Unemployment reaction: Worse yet to come

14/09/2011

It was announced on Wednesday that unemployment in the UK had risen by 80,000 in the three months to July, topping 2.51 million.


 

Grocery market resilient despite household budget pressures

14/09/2011

The latest grocery share figures from Kantar Worldpanel, published today (Wednesday) for the 12 weeks ending 4th September 2011, show the continued resilience of the grocery sector with the market growing at 4.5% per year.


 

Risk averse investors undermining global financial stability

14/09/2011

Political and economic changes in the wake of the downturn are generating a class of risk averse investors who favour holding safe assets to riskier transactions, which paradoxically undermines global stability.


 

Top celebrities made ‘core participants’ in phone hacking scandal

14/09/2011

A total of 46 high profile individuals, including celebrities and politicians, have been labelled as ‘core participants’ in the ongoing Leveson Inquiry in to media ethics and practices following the News of the World phone-hacking scandal.


 

Tesco 'baffled' by sausage advert ban

14/09/2011

Tesco has seen their advert for their Butcher's Choice Sausages banned by the Advertising Standards Authority (ASA) for misleading customers.