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UK service sector contracts in June

Hopes that the economy slowdown is bottoming out have been dampened by new research showing recent progress in the services sector stalled during June. Read

John Lewis back in negative territory

John Lewis sales returned to negative territory today after hot weather and sporting events overshadowed the start of its summer clearance. Read

Balfour Beatty holds steady

Construction giant Balfour Beatty today said its building division had outstripped last year despite a tougher battle to land contracts. Read

Retail group Game warns on results

Retail group Game today said half-year profits will be as much as 64% lower after figures last year were boosted by blockbuster releases. Read

Sunshine lifts Greene King

Pubs and brewing group Greene King today said sunnier weather and its shift towards food had paid dividends in strong recent trading. Read

British Gas to create jobs

British Gas said today it was creating 2,600 new jobs as it prepares for the roll-out of new smart meter technology. Read

National Express boss to go

The chief executive of struggling transport group National Express is to resign, the firm said today. Read

M&S sales improve

Marks & Spencer boss Sir Stuart Rose reported better-than-expected sales today after seeing an "improving trend" in the retailer’s performance. Read

Lloyds to cut 2000 jobs

BANKING giant Lloyds has revealed plans to axe 2,100 posts at its commercial and group operations at offices across the country. Read

Arriva warns of slowing rail growth

Transport group Arriva today warned that slackening growth at its CrossCountry rail franchise would dent first-half results. Read

Carpetright profits slump

The long-serving boss of Carpetright revealed a 72% profits slump today as he warned more normal trading conditions were still more than 12 months away. Read

HMV benefits from rivals' woes

Music and games group HMV today said the demise of rivals and benefits from its turnaround plan had boosted profits in a "difficult" retail climate. Read

Returning punters help Hargreaves Lansdown

Punters wading back into the stock market since March have set up investment manager Hargreaves Lansdown for better than expected profits, the firm said today. Read

FirstGroup 'snubbed' by National Express

The UK’s biggest transport firm, FirstGroup, said today that struggling rival National Express had snubbed an approach over a possible takeover. Read

Beales sales improve

Beales department stores today reported a slowing in sales declines and said action to turn the business around was starting to pay off. Read

ASOS growth continues at slower rate

Online fashion retailer ASOS today showed signs that its stellar rate of growth is slackening off despite virtually doubling annual profits. Read

Vodafone 'considers T-Mobile bid'

Vodafone is considering a bid to buy T-Mobile UK in a deal that would create Britain’s biggest mobile phone operator, it was reported today. Read

Jaguar owner's £267m loss

THE Indian owner of Jaguar Land Rover has recorded losses of £267m in the year to March 31 due to global downturn in the car industry. Read

FSA to get more power

THE Treasury is planning to beef up the role of the City watchdog in an apparent snub to the Bank of England, it has been reported. Read

Profit fall at property firm

PROPERTY developer and regeneration firm Berkeley said annual profits fell 38% after the company faced the toughest conditions in recent memory.more