UK offers tax breaks to woo Bollywood films 2008-05-18 05:26 - The UK is to offer the Indian film industry tax breaks and grants in an effort
to entice more Bollywood projects to British locations.
Ladbrokes defies the odds with profit rise 2008-05-18 05:25 - A nailbiting finish to the football season in England has helped Ladbrokes to
weather the storm blowing through the rest of the economy.
Regent Inns considers bids after sales fall 2008-05-18 05:25 - Regent Inns, the pub company, said that it is considering a number of bids
after sales fell 11 per cent this year.
Construction industry feeling the squeeze 2008-05-18 05:25 - A squeeze on government spending is starting to hit the real economy, with the
construction industry feeling the first chill from tightened state budgets.
B&B raises £300m of emergency funding 2008-05-17 06:01 - Bradford & Bingley this morning raised £300 million in an emergency rights
issue to shore up the mortgage bank’s balance sheet.
Carl Icahn launches coup against ’irrational’ Yahoo! 2008-05-17 06:01 - Carl Icahn, the billionaire activist investor, has launched a boardroom coup
against Yahoo!, threatening to oust its founder and seeking to force the
online search engine to accept a $47.5 billion ($£24.4 billion) offer from
Microsoft.
Libor rate leaps as banks rush to borrow £78.3bn 2008-05-17 06:01 - Britons are facing more months of rising mortgage costs after the rate at
which banks lend to each other unexpectedly spiked and lenders rushed to
borrow £78.3 billion from the Bank of England, which had £13.7 billion on
offer.
Blackstone loss hits $100m as crunch bites$ 2008-05-17 06:01 - Blackstone, the publically traded US private equity and property firm, today
admitted that it had lost more than $100 million during the first quarter as
the credit crunch depressed revenues across the group.$
Barclays’ credit crunch hit rises to £1.7bn 2008-05-17 06:01 - Barclays issued a generally upbeat trading statement for the first quarter
today but has explicitly refused to rule out a rights issue to boost its
capital ratios.