Oct
2008
Articles from 16th Oct 2008
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House Of Fraser 'safe' despite Icelandic bank troubles
Oct 16 2008 | Other UK business news
House of Fraser and high street fashion group Mosaic Fashions, both part-owned by troubled Icelandic investor Baugur, have both said they have sufficient funding to meet their obligations. Read
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Coventry Airport to target business and cargo
Oct 16 2008 | Other UK business news
Coventry Airport will be looking to turn itself into a cargo and corporate travel hub after its main passenger carrier abandoned the airport. Read
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Hotels at NEC plan expansion and new openings
Oct 16 2008 | Other UK business news
Hotel facilities in and around the NEC and Birmingham International Airport complex are being improved ahead of a proposed £90 million leisure development at the exhibition centre. Read
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New Birmingham Chamber president urges more spending on UK business
Oct 16 2008 | Other UK business news
The Government will be pressed to maintain spending on infrastructure projects, the new president of Birmingham Chamber of Commerce has said. Read
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UBS bailed out by Swiss goverment
Oct 16 2008 | Other UK business news
Switzerland's UBS has became the latest banking giant to agree a multi-billion government bail-out. Read
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FTSE plummets to lowest level since 2003
Oct 16 2008 | Other UK business news
London’s leading share index tumbled to a fresh five-year low on Thursday as recession fears continued to shake volatile global markets. Read
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Birmingham Chamber's new HQ will be built, insists chief
Oct 16 2008 | Other UK business news
Plans to build a new headquarters for Birmingham Chamber of Commerce and Industry in Edgbaston will still go ahead despite the commercial property slump. Read
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Travis Perkins aiming to cut £30m from costs
Oct 16 2008 | Other UK business news
Builders' merchant Travis Perkins has revealed a series of cost-cutting measures as it braces itself for a "rapid decline" in activity. Read
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Arena Leisure in profits warning as racing crowds fall
Oct 16 2008 | Other UK business news
Arena Leisure, which owns Wolverhampton and Warwick racecourses, has issued a profits warning for this year. Read
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Building societies reluctant to pass on interest rate cut
Oct 16 2008 | Other UK business news
Building societies have been slow to pass on last week's interest rate cut with only four so far announcing plans to reduce their rates. Read
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West Midland businesses optimistic over jobs
Oct 16 2008 | Other UK business news
Companies in the West Midlands are optimistic about job prospects despite figures showing a 6.4 per cent increase in unemployment across the region in the three months to August. Read
