For January 16th
0:20 a.m. Scottish homes are at “most affordable” since 2002 !
7:45 a.m. The UK is in recession according to the Item Club economic forecasters, saying “confidence is heavily damaged”
8:10 a.m. London is seeking to make London the leading international centre for trading China’s Yuan.
9:28 a.m. Homebuilder Bovis is eyeing a profit increase for 2011, expecting it to be up 68% from 2010.
11:31 a.m. Bloomsbury has seen strong fourth-quarter trading, aided by a 28% jump in e-book sales.
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| 5 of the 6 major UK energy providers have now announced price cuts! |
0:47 p.m. Sean Quinn, businessmen, has declared bankruptcy, accusing the IBRC of pursuing a “vendetta” against him.
1:35 p.m. Nick Clegg has urged more companies to offer shares to their employees.
3:22 p.m. Luton airport is aiming to boost passenger numbers by 7 million a year and create over 6,000 jobs.
5:06 p.m. Costa Concordia’s sinking could cost Carnival, its parent firm, up to £62million!
5:12 p.m. Moody’s rating agency has gone against S&P, keeping France at a AAA rating!
5:51 p.m. Past Times has appointed administrators from KPMG to sell the business as it goes into administration, having already closed 46 stores!
7:46 p.m. Standard and Poor’s has downgraded the EU bailout fund to AA+ from AAA.
8:12 p.m. SottishPower will cut 5% off its gas prices on 27 February and, rival, Eon aims to have cut electricity by 6%.
8:31 p.m. Mini has recalled 235,00 cars worldwide due to a faulty pump.
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