Sep 27 2008 | Business News
A LARGE number of jobs have been axed at an 88-year-old electrical company after it was forced to go into administration. Newcastle-based Watson Norie has called in administrators PricewaterhouseCoopers (PWC) after making a significant proportion of its 374-strong workforce redundant. Read
Sep 27 2008 | Business News
GRIM. It must be one of the most over-used words this year. It is trotted out repeatedly to describe the weather, financial outlook, prospects of certain prominent politicians and embattled airline operators. Read
Sep 27 2008 | Business News
RENEWABLE energy company Helius Energy says it is set to see its profits rocket to over £20m from a loss of £1.2m following the sale of an unfinished renewable electricity plant. Read
Sep 27 2008 | Business News
FURNITURE giant ScS is pushing ahead with new store openings less than three months after being rescued from administration by private equity firm Sun European Partners. Read
Sep 27 2008 | Business News
THE City’s leading shares sank into the red yesterday as investors took scant comfort from President Bush’s pledge to “rise to the occasion” with a banking rescue. Read