Repossessions hit near 1990s peak 2008-05-10 05:25 - Home repossession orders are nearing the level last seen in the recession of
the early 1990s after rising by 16 per cent in the first quarter of this
year.
MPC split in favour of holding interest rate 2008-05-09 06:01 - The intense quandary facing the Bank of England’s Monetary Policy Committee
(MPC) was emphasized today in a knife-edge vote by The Times MPC
recommending that the UK interest rate should be kept on hold.
Microsoft looks at Facebook over $47.5bn takeover$ 2008-05-09 06:01 - Microsoft is believed to have approached Mark Zuckerberg, the founder of
Facebook, over a possible acquisition of the social networking site. It is
believed that Microsoft has sought to gauge Facebook’s level of interest
about a potential bid after $47.5 billion ($£24.3 billion) takeover talks
with Yahoo!, the online search engine, failed on Saturday. It is not thought
that there are any active talks between Microsoft and Facebook.
BA chief: T5 baggage system ’compromised’ 2008-05-09 06:01 - The chief executive of British Airways admitted today that he had considered
delaying the opening of Heathrow’s Terminal 5, and that staff training in
the run-up to its first day had not been good enough.
Savills reports London housing activity down 40 per cent 2008-05-09 06:01 - Sales of multi-million pound London homes have fallen by 40 per cent over the
past three months and the drought in housing activity looks set to continue
as Nationwide reported today consumer confidence at a four year low.
GLG hedge fund braced for $5bn exodus$ 2008-05-09 06:01 - GLG Partners, the London-based hedge fund reeling from the departure of Greg
Coffey, is bracing itself for a mass exodus of as much as $5 billion in
investment assets as disillusioned investors follow their star Australian
fund manager out of the door.$
BAE protesters flock to AGM after ethics report 2008-05-09 06:01 - The pantomime that is BAE Systems’ annual general meeting began today with
little sign that the most vocal shareholders in Europe’s largest defence
company had accepted its new enthusiasm for ethics.
BT launches iPhone-style mobile device 2008-05-09 06:01 - BT Group has dived back into the mobile market with an offering squarely aimed
at the BlackBerry and the iPhone.
River Severn barrage power plan moves step closer 2008-05-09 06:01 - Plans for a ten-mile barrage across the River Severn, which could generate 5
per cent of the UK’s electricity needs, moved closer yesterday with the
appointment of an American engineering company to study the proposals.
