Business money market

Business Bullet: Markets, BP, House prices, Consumers

Money

Published: 11:47AM BST 30 Jun 2010 Email Print Robert Miller with the latest City and business news on a bounce back despite Europe’s markets; BP shares rally; Nationwide house prices rise in June and UK consumer boldness dips. You can also watch Business Bullet on your iPhone at the time that you download the Telegraph [...]

Playboy to cut jobs, focus on brand

Business

Playboy to divide jobs, focus on brand PLAYBOY Enterprises says it will cut every unspecified number of jobs as it restructures its organisation to turn to a brand manager. A spokeswoman said the company hasn’t disclosed the tell of job cuts. It had 573 employees as of March 31. Playboy expects to history a $US3 [...]

House price growth slows in cities

Business

House worth growth slows in cities GROWTH in house prices has slowed in newly come months, sending a critical signal to the RBA that higher rates are hitting their target. This will dampen the case for a further tap of the wit brakes in the second half of 2010. The closely watched RP Data-Rismark good [...]

Partial land acquisition on the cards

Business

Partial debark acquisition on the cardsThe Premier Colin Barnett says the Government may mark taking control of part of the land on the Kimberley coast earmarked for a $30 billion gas development. The Government had threatened to compulsorily acquire the debark if it could not reach an agreement with families claiming unartificial title over the [...]

MARKET REPORT: Repairs needed for Connaught

Money

Connaught, the support firm that earns its crust patching up council houses, is in indigence of some emergency repairs itself. The Exeter-based business, which plunged 33pc forward Friday after a profits warning, sank another 37pc yesterday when one attempt to reassure the market had the opposite effect. Connaught has made gigantic play of the fact [...]

Osborne tries to put the brakes on banking reform

Money

By Kamal Ahmed and Philip AldrickPublished: 10:41PM BST 26 Jun 2010 George Osborne is to push notwithstanding a delay in global banking reform to get a deal forward levels of liquidity and capital needed by banks so that multi-billion taxpayer funded handle -outs are not needed again. The Chancellor will argue at the G20 auditory [...]

Recovery could be hit by premature interest rate rise, Bank of England official warns

Money

By Angela MonaghanPublished: 10:01PM BST 29 Jun 2010 Comments The more than half of members of the Bank of England’s MPV so to a great distance appear untroubled by the level of inflation Photo: DANIEL JONES Paul Fisher, a clause of the Bank’s Monetary Policy Committee, suggested that raising concern rates too soon could result [...]

Pain of the Budget that bites you twice

Money

Measuring the press close together of last week’s Budget requires a calculator, a calendar and couple copies of the Treasury’s Budget ‘red book’ containing the key announcements – the same copy from last week’s Budget and one from Darling’s swansong Budget in March, abundant of which survives to hit our pockets over the next sum [...]

BA strike: Union stops ballot over ‘peace’ offer

Money

Tony Woodley, Joint General Secretary of Unite: ‘We desire no choice but to delay our vote’ British Airways yesterday raised hopes of avoiding a damaging summer of strikes through a new offer to cabin crew. The Unite trade union is regular to postpone a fresh strike ballot to consult on the latest deal. Although hopes [...]

King of Bling Theo Fennell launching low-cost range

Money

Decking yourself completely in Hollywood-style bling has just become a little more affordable later jeweller to the stars Theo Fennell launched a low-cost rank. The new silver collection will start at just Ј70 – a bargain compared by the top-end gems worn by celebs such as Naomi Campbell and vocalist Lady Gaga that cost tens [...]

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