Oct
2008
Articles from 16th Oct 2008
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Thursday's market close
Oct 16 2008 | National Business News
Another dire day for blue chip stocks saw the FTSE 100 Index plunge more than 5% today to hit its lowest level in more than five years. Read
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Power cut shuts down internet bank website
Oct 16 2008 | National Business News
Customers with internet bank cahoot have been unable to access their accounts for the past 24 hours due to a power cut in Spain. Read
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Banks promised earlier borrowing
Oct 16 2008 | National Business News
More help to ease the pressure on cash-starved banks was promised by the Bank of England today in an overhaul of its money market operations. Read
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Regent profits go walkabout
Oct 16 2008 | National Business News
Walkabout and Jongleurs owner Regent Inns racked up full-year losses of £58.1m today after facing the ``most challenging" year in its history. Read
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Bills set to remain high
Oct 16 2008 | National Business News
Cheaper gas and electricity bills looked some way off today despite the falling price of oil. Read
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Travis cuts costs in face of downturn
Oct 16 2008 | National Business News
Builders’ merchant Travis Perkins today revealed a series of cost-cutting measures as it braces itself for a ``rapid decline" in activity. Read
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UBS agrees bail-out plan
Oct 16 2008 | National Business News
Switzerland’s UBS today became the latest banking giant to agree a multi-billion government bail-out. Read
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Thursday's market opening
Oct 16 2008 | National Business News
The FTSE 100 Index fell 3% to slide through the 4000 barrier today as investors reacted to heavy overnight losses for Asian markets. Read
