Oct
2009
Articles from 28th Oct 2009
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Sports Direct loses stake in Blacks
Oct 28 2009 | Other UK business news
Mike Ashley’s Sports Direct has lost its 29 per cent stake in outdoor chain Blacks Leisure after administrators of failed Icelandic bank Kaupthing Singer & Friedlander (KSF) took control of the holding. Read
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Yell asks for more time to agree £3.8billion refinancing deal
Oct 28 2009 | Other UK business news
Struggling Yellow Pages firm Yell said it had again extended the deadline to agree a refinancing deal for its £3.8 billion debt. Read
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BP profits beat City forecasts
Oct 28 2009 | Other UK business news
BP showed it was weathering the impact of falling oil prices with a smaller than expected fall in third quarter profits. Read
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Travel from Birmingham to China is picking up, says airline
Oct 28 2009 | Other UK business news
Trips to China are helping rejuvenate passenger numbers on flights out of Birmingham International Airport in a sign that the recession may have bottomed out – and business travel is also enjoying an upsurge. Read
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JCB sees annual profits fall, but stays in the black
Oct 28 2009 | Other UK business news
Digger-maker JCB maker remained in the black last year despite making more than 1,000 Staffordshire workers redundant. Read
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Expert warns of dangers to companies of selling off old computers
Oct 28 2009 | Other UK business news
Second-hand personal computers and laptops on offer at Midland car boot sales are putting many businesses at risk, it is claimed. Read
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Tax regime ‘not helping us’ say Midland firms
Oct 28 2009 | Other UK business news
New research claims less than a third of private business-owners in the Midlands believe that the UK’s tax regime supports and encourages enterprise. Read
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Wine labels given a Black Country flavour
Oct 28 2009 | Other UK business news
A convenience chain is trialling a new wine label written in Black Country slang so shoppers are not intimidated by the usual flowery language. Read
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Cineworld sees profits rise 33 per cent on the back of blockbusters
Oct 28 2009 | Other UK business news
Cineworld says blockbusters including Harry Potter and the Half Blood Prince have helped it post a 6.5 per cent improvement in revenues. Read
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Swine flu fears help Reckitt Benckiser raise annual targets
Oct 28 2009 | Other UK business news
Household goods giant Reckitt Benckiser has raised its annual targets for the second time this year. Read
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CBI boosts hopes of a fourth-quarter growth
Oct 28 2009 | Other UK business news
Hopes that the British economy will return to growth in the fourth quarter of 2009 were given a boost by the latest CBI snapshot of activity in the high street. Read
