PLUS stock exchange planning to close down as sales process falters
PLUS Markets Group plc (LSE:PMK), a British stock exchange for smaller firms, announced today that it is planning to close. A formal sale process was launched by PLUS in February…
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Bank of England keeps interest rates at 0.5% and holds back from further QE
The Bank of England has maintained UK interest rates at 0.5% and also announced yesterday that it will not be extending its programme of quantitative easing (QE). Rates have been…
Reimann family sells 4.9% stake in Reckitt Benckiser for £1.2bn
German Reimann family's JAB Holdings BV said on Thursday it had sold to institutional investors 36m shares in British consumer goods firm Reckitt Benckiser Group plc (LON:RB), or 4.9%, for…
Sainsbury’s reports growth in sales and market share in 2011
UK retailer J Sainsbury plc (LSE:SBRY) reported today a 6.8% increase in total sales for 2011 to GBP24.5bn and said that it outperformed the market and increased its market share.…
Skilled workers needed in middle east banks could answer job cuts in UK
A demand for skilled banking staff is outstripping supply in banks within the Gulf Cooperation Council. The Gulf Cooperation Council (the political and economic alliance between Saudi Arabia, Kuwait,…
Government to suspend general budget support to Malawi
Malawi will no longer receive general budget support from the UK Government, Andrew Mitchell announced today. The International Development Secretary took the decision after the Government of Malawi repeatedly failed…
UK Green Economy Lags Behind Following Launch Of Europe’s Most Advanced Eco Village
UK-based Oxford Sustainable Group, Europe's largest renewable energy and sustainable development business, has announced the launch of Oxford Park, the most advanced sustainable village in Europe. Located near Tallinn, Estonia,…
Insurers blacklist drivers based on postcode
Premiums are soaring as honest motorists foot the bill for the ‘fraud epidemic’ sweeping the country, which has lead to insurers secretly to blacklist certain postcodes. Many car owners…
Less than £10 spend per child on ICT in many UK schools
Across in England and Wales 1,804 primary schools spend less than £10 per pupil on ICT (Information and Communication Technology) equipment. Many pupils are therefore going without up-to-date learning tools,…
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