May
2008
Articles from 13th May 2008
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Retail slump goes on as High Street suffers
May 13 2008 | Other UK business news
The high street suffered its worst performance for three years in April as retail sales fell for the second month in a row, figures showed today. Read
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HSBC takes £3bn credit crunch hit in its stride
May 13 2008 | Other UK business news
HSBC has said that a "resilient" performance had helped lift first-quarter profits despite an extra £3 billion in credit crunch losses. Read
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Southern Cross on the back foot after £8.6m loss
May 13 2008 | Other UK business news
Britain's biggest care home operator Southern Cross Healthcare, which has scores of properties across the West Midlands, reported pre-tax losses widening to £8.6 million from £600,000 in the first half, as sales rose 28.2 per cent to £431.2 million, slightly below forecasts of £436 million. Read
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Education firm RM is bullish despite profit slump
May 13 2008 | Other UK business news
Educational products supplier RM saw its profits for the last six months plummet compared to a year before, but said it would still be hitting its yearly total. Read
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Rocketing factory gate prices send Purchasing Index down
May 13 2008 | Other UK business news
Business has gone into reverse in the West Midlands, according to a new survey. Read
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Funeral firm Dignity expects steady year
May 13 2008 | Other UK business news
Birmingham-based Dignity, the UK’s largest provider of funeral services, said trading since March 28 was in line with expectations and is likely to remain so for the year. Read
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House prices will recover so buy now, says surveyor
May 13 2008 | Other UK business news
House prices are falling even further but tight supply is limiting the extent, according to chartered surveyors in the West Midlands. Read
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Redrow warns of bleak outlook as cancellations soar
May 13 2008 | Other UK business news
A leading housebuilder painted a bleak picture of the property market today after revealing a "marked increase" in cancellation rates since Easter. Read
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Titan Europe mines a rich vein in South Africa
May 13 2008 | Other UK business news
Midland-based engineering group Titan Europe has been awarded approved supplier status with one of the largest global mining companies in the world. Read
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Fujitsu still confident despite setback
May 13 2008 | Other UK business news
Telecommunications giant Fujitsu, which has operations in Solihull, has reported a 40 per cent fall in fourth quarter profits caused by restructuring in its microchip operations. Read
