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Journal Business News for 11 December 2007

Showing 1-20 of 20 articles.

Articles...

IDS: In figures Dec 11 2007

£6.77m: Turnover in the six months to September 30, up 49% on the previous year.Read

THE last three months has seen a slowing of demand across the service sector, with a marked slowdown in consumer services, according to the CBI/Grant Thornton Service Sector survey published last week. Dec 11 2007

Consumer spending in those service industries most affected, such as cinemas, gyms and hairdressers, fell this quarter at the fastest rate in the survey’s 10-year history.Read

Prices are rising at fastest for 16 years Dec 11 2007

SURGING fuel and food costs saw factory gate prices rise at their fastest rate for more than 16 years in November, new figures show.Read

Unions hit out over private equity Dec 11 2007

UNIONS have criticised the Government over its response to a report by a Commons committee on the private equity industry, complaining that ministers had failed to address concerns raised by MPs.Read

McAlpine says yes to £572m buyout by rival Dec 11 2007

THE creation of a £4.7bn building company moved a step closer after Alfred McAlpine agreed to be bought by larger rival Carillion for £572m.Read

Rich pickings for UK’s top earners Dec 11 2007

THE 10% highest paid male employees in the UK earn over a quarter of the total wage bill, according to a new report.Read

£12m development will put Quakers firmly on the map Dec 11 2007

A £12M education and leisure complex which could create up to 150 jobs aims to put Darlington Football Club at the heart of the community.Read

Southern Cross shares fail to sparkle Dec 11 2007

THE FTSE 100 index started the week in positive territory on Monday, rising by 10.5 points to close at 6565.4.Read

John David buys Bank Stores Dec 11 2007

JD SPORTS parent John David Group said it had snapped up branded fashionwear chain Bank Stores in a deal worth up to £19.5m. The acquisition – John David’s second deal in less than a week – will see the firm add Bank’s 49 stores to its growing fashion division. Newcastle United owner and Sports Direct entrepreneur Mike Ashley has a 10% share in JD Sports.Read

THE FTSE 100 yesterday closed up 10.5 points at 6465.4. Top of the climbers was Yell Group which jumped over 5.93% to close 23.5p up at 419.75p. The publisher had, up until yesterday, been enduring a torrid time on the index after falling from an all-time high of 643.5p in February this year to just 391.25p last week. Dec 11 2007

Yell Group, which operates in the UK, USA, Spain and Latin America, held an investor day on Friday where the management team outlined their views on current and future outlook for the firm and obviously impressed investors.Read

The deli that’s delivering the goods for the region Dec 11 2007

THE appetite for fine foods among residents and visitors to Tyneside has ensured a deli has become a hit just a few weeks after opening.Read

Make this an unhappy Christmas for business criminals Dec 11 2007

THE latest findings from a business crime survey reveal the number of claims settled between July and September 2007 is 20% higher than the same period in 2006.Read

Turboactive plug into Wynyard’s X factors Dec 11 2007

AN engineering business has invested £640,000 in larger premises to accommodate its ongoing expansion.Read

Take your chance to become a champion Dec 11 2007

SMALL businesses are being asked to enter a national competition. The Federation of Small Businesses (FSB) is inviting entries for its British Small Business Champions (BSBC) Awards 2008, from thriving, well-run small businesses, that are highly regarded by customers and staff.Read

Grant hopes to bounce back with vein device Dec 11 2007

A NORTH-EAST entrepreneur who was once rejected from the BBC’s Dragons’ Den show is looking to bounce back with a device to aid sufferers of varicose veins.Read

Directives threaten to undermine flexibility Dec 11 2007

MANUFACTURING bodies across the region have breathed a sigh of relief after the latest round of EU employment law negotiations failed to come to a resolution.Read

Profits at Cross increase by 37% Dec 11 2007

THE UK’s biggest care home operator Southern Cross reported a 37% surge in profits and said it expects to add up to 3,000 new beds to its portfolio next year.Read

Square One planning to double workforce Dec 11 2007

AN energy consultancy is growing rapidly after securing new financial backing. Square One Utilities, a North-East based energy consultancy, has doubled its office space and is to implement a new IT system for utility invoice validation and dispute resolution purposes following a cash injection from NEL Fund Managers Ltd.Read

Matthew is best Dec 11 2007

A STUDENT is £500 richer after winning an award in a competition run by a leading supermarket.Read

IDS

IDS lines up assault on Chinese market Dec 11 2007

MEDICAL testing kit manufacturer IDS reported a 49% surge in turnover in the first half of the year and said it expects further growth next year as it steps up its presence in the Asia Pacific region.Read

Showing 1 - 20 of 20

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