Inflation prospects will make a master letter writer out of Mervyn Kin... 2008-05-14 05:26 - Since the credit crunch began last August, the Bank of England has been forced
into an increasingly difficult balancing act between the conflicting
pressures of faltering growth prospects, and escalating price pressures.
British Gas sues Accenture over billing ‘shambles’ 2008-05-13 06:01 - CENTRICA is suing the global consultancy group Accenture for £182m over an IT
system it claims reduced British Gas’s customer-billing process to a
shambles.
United States says air tax is illegal 2008-05-13 06:01 - MINISTERS have flown into another business tax row after the US government
made a blistering attack on a new £2.5 billion aviation duty, questioning
its green credentials and claiming that it broke international law.
A fresh start for Britain’s businesses 2008-05-13 06:01 - The greenest companies in Britain with the most environmentally aware staff
will be unveiled in The Sunday Times Green List next week. Competition among
the country’s businesses to be included in the inaugural list of the 50 Best
Green Companies has been fierce. Standards are exceptionally high and the
demands placed on companies sufficiently stringent to deter all bar those
confident of their green credentials.
BT in £1.5bn talks with Hewlett-Packard 2008-05-13 06:01 - BT is in talks to sell its British data centres to Hewlett-Packard (HP) for £1.5 billion in a deal that will significantly deepen its ties with the American computer giant.
UK factory to lose Micra 2008-05-13 06:01 - NISSAN’s UK factory in Sunderland is to lose the production of its high-volume
small car, the Micra, when the replacement model is launched in 2010.
DSG, the Currys and PC World retailer, cuts dividend and stores 2008-05-13 06:01 - DSG, the Currys and PC World retailer, will slash its dividend and announce plans to close dozens of stores in the first phase of new chief executive John Browett’s plan to turn round the company.
HSBC’s US arm racks up $4bn more in bad debt$ 2008-05-13 06:01 - HSBC is poised to reveal a further $3.5-4 billion (£1.8-2 billion) in bad-debt charges from its American business, as homeowners there continue to fall behind with mortgage payments.