Archive for August 31st, 2012
UK business groups expect economy to shrink this year
Leading business groups in the UK have downgraded their economic forecasts and called for action from the government. The British Chambers of Commerce (BCC) announced today that it expects the UK’s gross domestic product (GDP) to shrink by 0.4% in …
Xstrata shareholder Knight Vinke to vote against Glencore deal
US hedge fund Knight Vinke Asset Management LLC, a shareholder of Xstrata Plc (LON:XTA), said on Friday it would
London-listed healthcare firm Care UK acquires Whitwood Care
British health and social care services provider Care UK plc (LON:CUK) has taken over specialist adult residential care operator Whitwood Care, Care UK said without providing financial details. The
Policy Exchange Think Tank recommends selling expensive council property
The Policy Exchange Think Tank has recommended councils to sell expensive social homes and invest the money the reclaimed money in building cheaper homes. According to them selling the
Broadcaster ITV acquires production firm So Television
British broadcaster ITV Plc (LON:ITV) said it had purchased production company So Television for a maximum price of GBP17m (USD27m/EUR21.5m), as part of plans to boost its capability
BT sells stake in Indian IT firm Tech Mahindra for $250m
British communications services provider BT Group Plc (LON:BT.A) said it had disposed of 14.1% in Indian IT services firm Tech Mahindra Ltd (BOM:532755) for a total gross cash

















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