Liberty International wipes £345m off property values 2008-05-10 06:01 - Hundreds of millions of pounds have been wiped off the value of Britain’s
largest shopping centres over the past year and the writedowns are set to
continue, one of the UK’s biggest retail property owners said yesterday.
EasyJet offers Bank clues to way ahead 2008-05-10 06:01 - If the Bank of England fails to cut interest rates today (a better than evens
probability) and is, as a result, blasted by bruised retailers and
housebuilders (a cast-iron certainty), it could do worse than point to the
recent experience of easyJet to justify its hawkish stance.
Sounds like the Seventies 2008-05-10 06:01 - Petrol prices are soaring, food prices are going through the roof, teachers
are striking and recession is an ever-present threat. It is as if the clock
has turned back 30 years to the 1970s - a decade when the UK economy
teetered on the brink of bankruptcy, shortages loomed and David Bowie topped
the charts.
Many crossed wires in the Carphone handset 2008-05-10 06:01 - Carphone Warehouse’s deal with Best Buy of the US is noteworthy for two
reasons. First, because of the curious way the deal has been structured.
Second, because it could pave the way for a radical change in the way
consumer electronics are sold in Britain and on the Continent.
British Airways ditches beef in meals 2008-05-10 05:26 - British Airways has ditched beef for economy class passengers this summer in
an attempt to appeal to a more international passenger base.
European banks turn the screws on borrowers 2008-05-10 05:25 - Consumers and businesses across Europe have cut their borrowing in the wake
rising petrol and food prices while house prices fall and banks tighten
lending conditions.
HMV hits targets with computer games and Duffy 2008-05-10 05:25 - HMV defied the high street gloom this morning helped by UK sales of the
Nintendo Wii, the debut album from singer Duffy and with the benefits of the
new Grand Theft Auto 4, still to come.
Middle England cools on cast iron Aga 2008-05-10 05:25 - The correction in the housing market has hit sales of the Aga, the iconic but
expensive cast iron cooker and symbol of middle England comfortable
domesticity.
Credit crunch to claim 40,000 financial jobs 2008-05-10 05:25 - Job losses in the banking and insurance sector could reach as much as 40,000
over the next three years as the worldwide credit crunch takes hold on
Britain.
