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Business News for 25 January 2008

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Hot fundraiser

Jan 25 2008

BANGLADESHI restaurateurs across the North-East are cooking up a campaign to help those suffering after the cyclones which hit their home country last year....

Cost-cutting results in redundancies at The Arc

Jan 25 2008

THE Arc in Stockton has confirmed it is to make five staff redundant as part of a cost-cutting scheme aimed at securing the venue’s future....

More investment for Teesside industry

Jan 25 2008

A NATIONAL Skills Academy for the Process Industries will mean more investment in Teesside industry as the region develops a centre of excellence for the sector. ...

Shares surge as US tackles crisis

Jan 25 2008

THE London market staged a dramatic turnaround yesterday as better trading on Wall Street boosted UK blue chips....

A ‘triumph’ for small firms

Jan 25 2008

A GOVERNMENT U-turn on plans to increase the tax burden on companies has been welcomed, with reservations, by business....

Sky’s the limit for expanding heliport

Jan 25 2008

HIGH-FLYING executives tired of traffic jams and airport queues are increasingly turning to helicopters to get around....

S&N takeover ‘put up or shut up’ deadline extended

Jan 25 2008

BREWER Scottish & Newcastle was yesterday given an extra 24 hours to agree a £7.8bn takeover by rivals Carlsberg and Heineken....

THE FTSE yesterday clawed back the losses sustained on Wednesday to close an impressive 4.75% up after very strong share price increases in a number of sectors propelled the market to a closing level of 5875.8 – an increase of 266.5 points....

S&N rebound to end day 4.22% up

Jan 25 2008

THE FTSE 100 index ended the day 266.5 points higher at 5875.80 with companies in the financial sector dominating the headline index’s leaderboard....