Jul
2008
Articles from 1st Jul 2008
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Cool response to C&W bid
Jul 01 2008 | Business News
TELECOMS group Cable & Wireless made a £329m takeover bid for Thus yesterday which was met coolly by its smaller rival. C&W has put forward a higher 180p-a-share offer after its initial 165p-a-share approach was turned down by Glasgow-based Thus late last month. Read
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Southern Cross shares take a big tumble
Jul 01 2008 | Business News
HUNDREDS of millions of pounds were wiped off the value of care home giant Southern Cross yesterday when the business issued a profits warning. Read
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Pringle to have long, hard look at shedding Hawick jobs
Jul 01 2008 | Business News
LUXURY knitwear firm Pringle is considering shutting its manufacturing plant in the Scottish Borders with the loss of 80 jobs. Read
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Jobs secured at A&P as contract clinched
Jul 01 2008 | Business News
ONE of the region’s leading ship repair yards has been awarded a £53m Ministry of Defence contract which will help secure the future for hundreds of workers on the River Tyne. Read
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Firms feel the pinch
Jul 01 2008 | Business News
ESCALATING energy and raw material costs are forcing Teesside companies to impose higher surcharges on their products and services. Read
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Positive margins for Northgate
Jul 01 2008 | Business News
“CHALLENGING economic conditions” have slowed growth at vehicle rental firm Northgate, which announced annual results today. Read
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Optimism from Europe’s biggest coal-fired power station
Jul 01 2008 | Business News
POWER station operator Drax has said that soaring commodity prices would see full-year results come in ahead of market expectations. Read
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Cash is priority for staff
Jul 01 2008 | Business News
TEESSIDE stands divided over the importance of a final salary pension, according to a nebusiness poll. Read
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£27m reward for economy-boosting councils
Jul 01 2008 | Business News
THE region’s councils have been rewarded for promoting business growth with a £27m government grant. Read
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Changes are needed to meet targets
Jul 01 2008 | Business News
THE economic slowdown should not distract politicians from taking urgent action to tackle climate change and secure the UK’s future energy supply but this must be tackled in a pragmatic way. Read
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Portillo to give North talk
Jul 01 2008 | Business News
POLITICAL commentator, journalist and former cabinet minister Michael Portillo is coming to Newcastle to talk to businesses next week. Read
