Results for United Kingdom
- UK Retailer Jessops Enters Administration
Camera specialist Jessops called in administrators PwC on Wednesday, becoming Britain's first high street casualty following a tough Christmas for retailers, Reuters reported. The group, which operates from 192 stores and has around 2,000 employees, ...
Daily Headline - global.abi.org - 01/09/2013 - 21:17 - 0 comments
- Business Chiefs Warn Cameron Of EU Exit Dangers
David Cameron will damage Britain's fragile economy if he demands major changes that could threaten the country's relationship with the European Union, business leaders said on Wednesday, Reuters reported. In an open letter, the heads of some o ...
Daily Headline - global.abi.org - 01/09/2013 - 21:20 - 0 comments
- UK Coal Pension Trustees Empowered
Trustees to the UK Coal pension schemes have been given the right to monitor the business risks of the company’s newly formed property arm and to intervene in company strategy where needed, under the terms of an unusual corporate restructuring, the Fin ...
Daily Headline - global.abi.org - 01/08/2013 - 22:14 - 0 comments
- Former UBS Bosses Face UK Grilling On Bank Standards
British parliamentarians will this week quiz UBS investment banking boss Andrea Orcel, former CEO Marcel Rohner and other past and present executives at the Swiss bank as part of their inquiry into industry standards, following a run of scandals that roc ...
Daily Headline - global.abi.org - 01/07/2013 - 21:56 - 0 comments
- U.K. CFOs Plan to Hoard Cash Amid Uncertainty
Finance chiefs at big U.K. firms plan to further bolster their balance sheets in 2013 because of continuing uncertainty about Britain's economic prospects, according to a survey published Monday, damping hopes for an investment boost to drive econom ...
Daily Headline - global.abi.org - 01/06/2013 - 21:26 - 0 comments
- Cameron In Eurozone Integration Threat
David Cameron has thrown down the gauntlet to Paris and Berlin, warning that he would block moves to closer eurozone integration unless Britain was allowed to repatriate some powers from the EU, the Financial Times reported. The prime minister said o ...
Daily Headline - global.abi.org - 01/06/2013 - 21:30 - 0 comments
- BOE Says Mortgage Availability Rises
U.K. lenders increased the availability of mortgages and company loans “significantly” in the fourth quarter as the Bank of England’s credit-boosting program began to take effect, Bloomberg News reported yesterday. An index of the availability of secured ...
Daily Headline - abi_admin - 01/04/2013 - 10:14 - 0 comments
- Fourth-Quarter M&A Surge Spurs Optimism After 2012 Deals Decline
Global mergers and acquisitions rose to the highest level in four years this quarter, as a surge in U.S. deals provided ground for optimism and salvaged what had been the worst year for takeovers since the financial crisis, Bloomberg News reported today. ...
Daily Headline - abi_admin - 12/27/2012 - 13:14 - 0 comments
- U.K. Bank Lending to Companies Falls
£3.1 billion ($5.0 billion) in November, the steepest drop since June. The decline easily outweighed a ...
Daily Headline - abi_admin - 12/27/2012 - 13:25 - 0 comments
- Vince Cable Hints At Insolvency Process Overhaul After Comet Collapse
The government is considering a radical overhaul to the insolvency process in the wake of Comet's collapse, according to business secretary Vince Cable, The Guardian reported. Answering business questions from MPs, Cable said that the demise of ...
Daily Headline - global.abi.org - 12/20/2012 - 22:36 - 0 comments