Jan
2009
Articles from 19th Jan 2009
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Clever marketing looks to have helped Morrisons
Jan 19 2009 | Business News
THE UK’s slide into recession will be confirmed on Friday and further trading updates from the beleaguered retail sector will be closely monitored this week. Read
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All shipshape after carrier orders
Jan 19 2009 | Business News
A TEESSIDE company has clinched £27m of work on the Royal Navy’s biggest ever aircraft carriers. Read
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Northern Rock to slow mortgage redemptions
Jan 19 2009 | Business News
Troubled mortgage lender Northern Rock unveiled a new strategy today which will see it slow the rate at which it shrinks its mortgage book. Read
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Gloom ahead – but we could be first to recover
Jan 19 2009 | Business News
ONE of the country’s leading economists lit a long-term torch of optimism for the region, as the gloomiest recent economic survey predicted 2009 will see the sharpest fall in GDP for 60 years. Read
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Chemical recovery ‘vital’
Jan 19 2009 | Business News
A RECOVERY for the North-east’s base chemical industry - the processing giants who supply the rest of the chain - is “essential” this year to prevent further damage to the sector, the head of the North East Process Industry Cluster (NEPIC) said. Read
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Jobs are safe in Felling as AkzoNobel axes posts
Jan 19 2009 | Business News
MORE than 1,000 North East workers worried for their future after their parent company announced it was axing 3,500 posts worldwide have been told their jobs are safe. Read
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Mandelson says Britain must change
Jan 19 2009 | Business News
BUSINESS Secretary Lord Mandelson said the country was likely to see the economy diversify away from a dependence on financial services. Read
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Pension shortfalls may fuel the crisis
Jan 19 2009 | Business News
THE UK’s biggest employers’ group today warned that the Government, investors and trustees could over-react to growing pensions deficits caused by the downturn, hitting the UK’s economic recovery. Read
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Payback on bonuses?
Jan 19 2009 | Business News
NORTH-EAST housebuilder Bellway, which has several schemes across Tees Valley, has lost a shareholder vote over its controversial payment of more than £630,000 in bonuses to executives. Read
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Rock rush to drop customers to stop
Jan 19 2009 | Northern Rock
NORTHERN Rock will today unveil a new strategy that will see the bank slow the rate at which it shrinks its mortgage book. Sources last night told The Journal a less aggressive approach would be adopted to rid the nationalised Rock of existing mortgage customers. Read
