Archive for July 20th, 2012

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Necessary Family Income Risen 16% Above Inflation

Since the beginning of the recession the earnings the average family needs to maintain a minimum lifestyle has risen 16% above inflation, claims a recent report. The research, recently published by the Joseph Rowntree Foundation, shows that families need more …

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Luxury flats in London, close to Canary Wharf

Qatar-based investor buys 45% stake in UK luxury property firm Native Land

British luxury real estate developer Native Land said a Gulf-based investor had acquired a 45% stake in it, but did not disclose its name or the amount paid

UK property sales

Mortgage lending in the UK down again in June

The Council of Mortgage Lenders (CML) has reported a decrease in total mortgage lending for June 2012. Estimates released by the CML on Thursday show that gross mortgage lending,

Government Borrowing

Increase in UK government borrowing for June

Borrowing by the UK government increased by more than expected in June 2012 as the economy remained weak, official figures revealed today. Estimates from the Office for National Statistics

Football in Goal

Goals Soccer board accepts and recommends offer from TPC

Canadian pension fund Ontario Teachers' Pension Plan Board said on Friday the directors of British outdoor soccer centres operator Goals Soccer Centres plc (LON:GOAL) had agreed to its

Heineken

Heineken tables $4bn offer to acquire Asia Pacific Breweries

Dutch brewer Heineken NV (AMS:HEIA) said on Friday it had placed a SGD5.1bn (USD4.1bn/EUR3.3bn) offer to buy the direct and indirect stakes in Singapore-based peer Asia Pacific Breweries

Microsoft HQ, Washington state

Microsoft completes $1.2bn acquisition of networking portal firm Yammer

US technology giant Microsoft Corp (NASDAQ:MSFT) has wrapped up the USD1.2bn (EUR978m) takeover of enterprise social networking portals operator Yammer Inc. Jared Spataro, director, Office Division at Microsoft, said

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