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Business News for 2 October 2007

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Mattress entrepreneur aims to be household name

Oct 2 2007

AN entrepreneur is urging the battered and bruised participants of Sunday’s Great North Run to consider a new mattress designed to get them back on their feet....

Pharmacist sells 14-strong chain to Alliance Boots

Oct 2 2007

A PHARMACIST who founded one of the biggest independent chemist chains in the region has sold his empire to Alliance Boots after almost 30 years in business. Phil Henderson has sold his firm for an undisclosed fee and now plans to invest in commercial property....

North firms in prime position on Army bid

Oct 2 2007

DEFENCE manufacturers in the North-East have moved into a prime position to win work on the Ministry of Defence’s £16bn FRES military vehicle programme....

Northern Rock hits new low

Oct 2 2007

SHARES in beleaguered mortgage bank Northern Rock today slumped to a new record low as it marked its 10th anniversary as a publicly-listed company....

Reprieve for housebuilding shares

Oct 2 2007

HOUSEBUILDING company shares received a welcome reprieve from the hefty selling of last week as the City consensus view is that there will be no movement in interest rates when the Monetary Policy Committee meet to discuss the position later this week....

Tesco weathers the summer storms

Oct 2 2007

SUPERMARKET giant Tesco today overcame a rain-hit summer to post half-year profits of £1.32bn....

North IT companies among fastest growers

Oct 2 2007

ONLINE marketing company Perfiliate is celebrating being listed on a national list of fast growing technology companies....

Barratt guarantee to defer deposits

Oct 2 2007

HOUSEBUILDER Barratt Developments has signed an agreement that will let house-hunters put off paying for a deposit until their new property is fully built. The Newcastle-based company has signed up to the Zurich Property Deposit Guarantee scheme...