Apr
2009
Articles from 28th Apr 2009
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Defeat on EU's working week opt-out 'good for British business'
Apr 28 2009 | Other UK business news
Business leaders breathed a sigh of relief after efforts to curb Britain’s opt-out from Europe’s 48-hour working week were defeated. Read
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Bank veteran Banks to oversee B&B winddown
Apr 28 2009 | Other UK business news
Bradford & Bingley has appointed banking veteran Richard Banks as its managing director to oversee the winddown of the nationalised lender. Read
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Boots considers move into personal banking
Apr 28 2009 | Other UK business news
High street retailer Boots is considering a move into personal banking as part of a drive to create a broader business. Read
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3i ponders issue of new shares
Apr 28 2009 | Other UK business news
Private equity firm 3i has confirmed it is mulling a cash call to shareholders as part of moves to shrink its debt mountain. Read
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Landlords deal saves JJB Sports
Apr 28 2009 | Other UK business news
Troubled sportswear firm JJB Sports was saved from going into administration yesterday after landlords backed crucial changes to the terms of its leases. Read
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'Get off our back' Chamber chief Frost tells government
Apr 28 2009 | Other UK business news
The director-general of the British Chambers of Commerce has told the government to “get off our back” and called for a moratorium on new employment legislation. Read
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Mail order firm N Brown expects slight profit rise
Apr 28 2009 | Other UK business news
Mail order shopping firm N Brown expects a slight profit rise this year after recording a 1.2 per cent fall in the first eight weeks. Read
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Dunelm sales slow down
Apr 28 2009 | Other UK business news
The retailer said same-store sales rose by 2.3 per cent in the 17 weeks to April 25, compared with growth of 4.4 per cent generated by a successful winter sale boosted trading. Read
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Businesses must learn the laws of Womenomics
Apr 28 2009 | Other UK business news
As more and more women take control of the purse-strings, Hannah Waldram looks at why business ignores the laws of Womenomics at their peril. Read
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BP profits slump to £1.64bn in first quarter
Apr 28 2009 | Other UK business news
Oil giant BP said today that first-quarter profits slid 62% after oil prices slumped from last summer's record level. Read
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BP makes £1.64bn profit as drivers are made to pay
Apr 28 2009 | Other UK business news
Falling oil prices led to a 62 per cent slide in first-quarter profits at BP – but West Midlands motorists aren’t profiting after a rise in petrol prices. Read
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Stagecoach warns on losses
Apr 28 2009 | Other UK business news
Train operator Stagecoach has warned of a “significant” operating loss in two years if a dispute with the Government is not resolved. Read
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Whitbread warning despite pre-tax rise in profits
Apr 28 2009 | Other UK business news
The owner of the Costa Coffee and Premier Inn has posted a nine per cent rise in pre-tax profits but warned its hotel chain had felt the impact of the downturn. Read
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Sterling's wrongs increase Carpetright's pain
Apr 28 2009 | Other UK business news
Floor coverings specialist Carpetright said sterling’s slump was adding to its difficulties following a 15 per cent fall in like-for-like sales. Read
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Retailers record year-on-year rise in sales
Apr 28 2009 | Other UK business news
The late Easter helped to give shopkeepers a welcome surprise when the volume of retail sales recorded its first year-on-year gain since January last year. Read
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Cobra beer chief attacks 50pc income tax rate
Apr 28 2009 | Other UK business news
The chairman of Cobra Beer said the new top rate of tax, announced in last week’s Budget, was leading the United Kingdom on the slippery slope to a high-tax society, as it is a “tax on aspiration.” Read
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Midlands Co-op profits soar
Apr 28 2009 | Other UK business news
Midlands Co-op – the largest independent retail society in the UK – defied the bleak economic backdrop and announced record trading profits for last year of £16.2 million. Read
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Pet firm Dechra revenues up
Apr 28 2009 | Other UK business news
Staffordshire pet pharmaceuticals firm Dechra saw revenues rise in its third quarter as the company continued to benefit from the buoyant pet critical care market. Read
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Birmingham failing to rise in rank of most desirable places to live
Apr 28 2009 | Other UK business news
Business leaders in Birmingham have expressed their disappointment after the city failed to rise up the rankings of the world’s most desirable places to live. Read
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Birmingham City University helps business sharpen skills
Apr 28 2009 | Other UK business news
A new company-tailored business course has been designed to help business leaders improve on their professional skills in times when the industry needs them most - and demand for such places is rising. Read
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Falling beer sales highlight decline in pubs sector
Apr 28 2009 | Other UK business news
Beer sales fell more than eight per cent in the first three months of the year compared with 2008. Read
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Firms with 'critical' debt problems more than doubles - report
Apr 28 2009 | Other UK business news
The number of financial services, property and construction firms facing court action because of debts has more than doubled, new research has shown. Read
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Newsagents closing at one a day
Apr 28 2009 | Other UK business news
Independent newsagents are closing at a rate of more than one a day, new statistics show. Read
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ASOS handed exporting boost by weak sterling
Apr 28 2009 | Other UK business news
ASOS, which stands for As Seen on Screen, said international sales in the four weeks to April 24 had almost trebled – and were up 173 per cent year on year. Read
