For January 9th
0:01 a.m. New rules have been implemented to free up credit unions and allow them to compete with banks.
3:23 a.m. Camera-maker Olympus is set to possibly sue directors over a cover up of $1.5billion in losses.
7:37 a.m. Sales in Rolls-Royce have his a new record of 3,538 cars sold in 2011!
8:24 a.m. Manganese Bronze has issued warnings, reporting that it didn’t make any profit in 2011!
10:48 a.m. Fraud levels rose by 50% according to the BDO, in 2011.
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| Philipp Hildebrand (right) has resigned after claims that his wife (left) used prior knowledge of Franc cap to make money. |
10:58 a.m. Morrisons has reported a Christmas sales slowdown, with sales rising 0.7%, down from last year’s 2.4% growth.
2:24 p.m. Merkel has urges a deal over Greece’s second bailout, worth £107billion, to be done soon.
3:51 p.m. SeaFrance has had to cut 127 Dover jobs after it was liquidated in a French court.
5:00 p.m. A strike over the elimination of a fuel subsidy has brought Nigeria to a stand still.
5:23 p.m. Chairman of Swiss National Bank, Philipp Hildebrand, has resigned after a revelation of his wife buying $504,000 prior to the cap was placed on the Swiss Franc.
5:48 p.m. Council Staff, another public sector staff, have joined the list of professions rejecting the government’s pension plan.
5:55 p.m. Two of the company’s going into administration, Blacks and La-Senza, have found buyers, with Blacks Leisure selling for £20million.
6:36 p.m. HMV have reported a sales slump of 16.6% in total sales, during the Christmas period!
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