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Monthly Archives: October 2017

Why shops are already playing Christmas tunes

The other day, I was in a toy shop with my son, browsing Star Wars kits, waiting to watch a football match. All was fine...

BP back from its near-death experience

Before the Deepwater Horizon oil spill of 2010, which claimed the job of its former chief executive Tony Hayward, BP was unquestionably the most...

Learndirect wins last-ditch lender reprieve

Learndirect, the former state-owned training provider, has won a last-ditch reprieve from its lenders as it seeks to rebuild its finances in the wake...

BA cabin crew land new pay deal to end strikes

A costly pay dispute involving 85 days of strike action by British Airways cabin crew has been resolved. The Unite union said so-called mixed fleet...

'Sod it' factor's role in eurozone recovery

Amid all the cacophony over Donald Trump's presidency and the Brexit negotiations, it would be easy to ignore that this has actually been quite...

Regulator awards FTSE 100 water giant £38m

Regulator Ofwat has told FTSE 100 water company Severn Trent it can add £38.4m to customers' bills after it outperformed targets in reducing sewer...

BP rewards shareholders as outlook brightens

BP underlined its confidence in the future as it posted better than expected third quarter results days after the oil price topped $60 for...

Ryanair profits soar despite cancellations

Ryanair has posted an 11% rise in half-year profits despite a rota blunder which saw thousands of flights scrapped. The Dublin-based carrier's headline measure of...

Restrictions on 'crack cocaine' betting machines

The maximum stake on fixed-odds betting terminals is to be reduced from £100 to between £2 and £50, the Government has announced. Ministers have announced...

BA boss rejects claim Brexit will ground flights

The boss of British Airways has dismissed claims - including from Chancellor Philip Hammond - that flights could be grounded if Britain leaves the...

Rent-to-own giant BrightHouse nears takeover

A pack of hedge funds is closing in on a takeover of BrightHouse, Britain's biggest rent-to-own retailer, just days after it was slapped with...

Nationwide cuts mortgage rates as BoE mulls rise

Nationwide has revealed it is to offer reduced fixed rate mortgage deals from Tuesday, just days before the Bank of England is tipped to...

Asda gets (another) new boss for market share fight

At various points, during recent years, it has been claimed that chief executive of Marks and Spencer/Tesco/Morrisons/Debenhams (delete as applicable) has the "toughest job...

Switch sales nearly double Nintendo profit outlook

Nintendo has nearly doubled its full-year profits forecast thanks to the success of its new Switch hybrid game machine. The Japanese video games maker said...

Spanish shares bounce back after unity rally

Spain's stock market has started the week on a high as investors were cheered by an anti-independence rally and results of a poll ahead...

HSBC profits jump five-fold amid Asia shift

Banking giant HSBC has reported a five-fold increase in third quarter profit as a sweeping overhaul aimed at shifting focus towards Asia pays off. Pre-tax...