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Jarvis braced for loss

Rail and plant firm Jarvis today braced investors for heavy losses as spending delays from Network Rail keep up the squeeze on the business.Read

Legal & General predicts rebound

Insurer Legal & General forecast a rebound in its core UK markets today after revealing a 7% drop in worldwide sales during 2009.Read

Thorntons targets summer market

Chocolatier Thorntons today said it was banking on new ranges to help summer trading after a 25% rise in first-half profits.Read

Record profits reported by Barclays

Banking giant Barclays posted record annual profits of £11.6bn for 2009 today as its two most senior bosses turned down bonuses for the second year in a row.Read

More time for Independent deal

Former KGB agent and Evening Standard owner Alexander Lebedev has been given more time to secure a deal to buy The Independent and Independent on Sunday, it was confirmed today.Read

VT ups Mouchel bid

Outsourcing and engineering firm Mouchel was today mulling an increased takeover offer from VT Group worth £330m.Read

Three companies annouce float plans

A trio of companies today announced plans to raise more than £400m through stock market flotations.Read

Tussauds owner pulls flotation

The owner of Alton Towers and Madame Tussauds has pulled the leisure group’s stock market debut in a move marking the second flotation to be axed in less than a week, it emerged today.Read

Rolls-Royce profits rise

Rolls-Royce today said profits rose 4% last year despite economic turbulence and continued delays in a number of major aircraft programmes.Read

BT wins deficit plan support

Telecoms giant BT said today it had won the support of pension trustees over plans to tackle a record deficit of £9bn.Read

Swine flu fears boost Reckitt Benckiser

Household goods giant Reckitt Benckiser today said a major marketing drive paid off after annual profits lifted 23% to £1.89bn last year.Read

Boots and Mothercare reveal link-up

High street retailers Mothercare and Boots today announced a deal to collaborate on an exclusive range of clothing and accessories to be sold through Boots stores.Read

TUI Travel prices improve

Families are facing dearer summer holidays this year after one of the UK’s biggest travel firms reported a 9% rise in its average selling price.Read

Sky loses out on ITV stake

Broadcasting giant BSkyB has suffered a near-£350m hit after selling a 10.4% stake in ITV and admitting defeat in a long-running legal battle.Read

Pay outs to investors fall

Dividend payouts for investors in UK companies fell £10bn last year and will continue to disappoint in 2010, a report said today.Read

Bay Restaurants 'circled by bidders'

La Tasca and Ha Ha Bar & Grill owner Bay Restaurants is being circled by private equity-backed firms keen to snap up the group, it was reported today.Read

BA reports £50m loss

British Airways today announced losses before tax of £50m for the three months to December 31.Read

Unilever sales increase

Consumer goods giant Unilever today said sales volumes jumped 5% after an advertising drive and new products boosted trading at the end of 2009.Read

Santander takes bigger market share

Santander said today it has captured more of the UK banking market after seeing a rise in new bank accounts and mortgage lending last year.Read

Shell to axe jobs as profits fall

Royal Dutch Shell today said it would cut another 1,000 jobs this year after reporting a 69% slide in annual profits to US$9.8bn US dollars (£6.1bn).Read