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Category Archives: United Kingdom
Irish Company changes Scottish soccer sponsorship strategy
Tennents Lager, owned by Irish Company C&C Group PLC, has announced that it is to end its 36 year relationship with the Scottish Football Association (SFA) the governing body for Soccer in Scotland. Instead the Irish company has announced that … Continue reading
Posted in Politics, Sport, UK, Uncategorized, United Kingdom
Tagged C&C, Glasgow Celtic, Glasgow Rangers, Magners Cider, Scottish Football, SFA, Tennents
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Citizens Bank parent (RBS) agrees to sell Asian assets for half a billion
RBS, (Royal Bank of Scotland, parent of Citizens Bank & ABN Amro) has finalized a deal worth $550m to sell its operations in six Asian countries to ANZ (the Australia and New Zealand Banking Group). The deal involves operations in … Continue reading
Posted in Asia, Business, Thailand, United Kingdom
Tagged ABN Amro, ANZ, Charter One, Citizens Bank, Coutts, First Active, NatWest, RBOS, RBS, Royal Bank of Scotland, Ulster Bank
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Britvic trading update positive
Britvic PLC, maker of Robinsons and Tango (and UK distributor of Pepsi, Gatorade and 7Up on behalf of PepsiCo Inc) said this morning that expectations on its full-year results are ahead of analysts forecasts having seen particularly strong trading in … Continue reading
Posted in Business, Ireland, United Kingdom
Tagged Britvic, pepsi, Pepsi Ireland, Tango
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Woolworths is dead. All stores to close after Christmas
All Woolworths’ stores will shut by January 5th 2009, the company’s it was confirmed this morning. Administrators, Deloitte, said around 200 of the company’s 807 stores would close by December 27th, followed by a second batch of 200 on December … Continue reading
Posted in Business, Danger, Economy, UK, underwear, United Kingdom
Tagged recession, woolworth, woolworths, woolworths bankruptcy
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UK to reduce VAT (Sales tax) to 15%
UK Chancellor of the Exchequer (Treasury Secretary) Alistair Darling is expected to reduce British sales tax or VAT from 17.5% to 15% in a move aimed at stimulating the faltering Uk economy. UK Prime Minister Gordon Brown will try to kickstart … Continue reading
Posted in Business, Danger, Economy, Ireland, Politics, Stocks, United Kingdom
Tagged Alistair Darling, British tax, Chancellor of the Exchequer, economic stimulus, Economy, Gordon Brown, Gordon Browne, Ireland, recession, sales tax UK, stimulus, UK, Uk tax, United Kingdom of Great Britain & Northern Ireland, United Kingdom of Great Britain and Northern Ireland, VAT
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Jordan (Katie Price) launches new lingerie range
She’s known the world over and earlier yesterday Katie Price unveiled her new collection of lingerie by personally modeling it herself at the ASDA Living Store in Lakeside in Essex, England. Jordan also signed autographs. During the course of the event, … Continue reading
Posted in Business, United Kingdom
Tagged Celebrity, fashion, Jordan, Katie Price, lingerie
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Oil below $50 for first time in more than 3 years
Oil prices sank under $50 a barrel in London this afternoon, reaching the lowest levels for three and a half years, as the market reacted to weak energy demand. Brent North Sea crude for delivery in January tumbled to
Posted in Business, Climate Change, Danger, Economy, Politics, Stocks, Travel, United Kingdom, USA
Tagged brent crude oil, brent crude price, brent north sea crude, oil demand, oil price, peak oil, peak oil my ass
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Rolls-Royce to cut 2,000 jobs
Rolls-Royce plans to cut up to 2,000 jobs globally after reviewing the impact of the current economic “uncertainties”, the aerospace giant announced today. Approximately 140 of the job cuts will come in the UK. The firm said it had started … Continue reading
Posted in Business, Danger, Economy, Stocks, United Kingdom
Tagged Rolls, rolls royce, rollsroyce, UK economy, unemployment, unemployment in UK
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Virgin jobs blow
Cable group Virgin Media has announced that it was axing around 2,200 jobs in the United Kingdom by 2012 in a radical restructuring of the group. Managament said it would not start cutting jobs until the fourth quarter of 2009, with the … Continue reading
HBOS and LLoyds to merge?
The BBC this morning reported on rumours of an impending merger between British banks Lloyds TSB and HBOS Plc, Britains’ biggest mortgage lender. News of the talks surfaced
Posted in Business, Economy, UK, United Kingdom
Tagged Bank of Scotland, Britain, British Banks, Great Britain, Halifax Bank of Scotland, HBOS, Lloyds, Lloyds TSB, London Stock exchange, LSE, M&A, merger, Mortgage banks, UK
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FTSE soars on Fannie and Freddie nationalisiation
The FTSE 100 bounced back almost 200 points this morning as markets around the world were bouyed by the US government’s bailout of mortgage companies Freddie Mac and Fannie Mae.
Posted in Business, Stocks, United Kingdom
Tagged fannie Mae, Freddie Mac, FTSE, LSE
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