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Shanks reveals bid interest

WASTE management company Shanks today said it had received a takeover approach worth around £536m.Read

Cadbury sets date for Kraft response

DAIRY Milk maker Cadbury will launch its defence against Kraft’s hostile takeover bid on December 14, the UK firm announced today.Read

Tesco cuts prices ahead of Christmas rush

TESCO has thrown down the gauntlet to upmarket rivals after the supermarket giant slashed prices on its luxury Finest range in a bid to tap into a trend for shoppers to trade up over Christmas.Read

Takeover approach for Shanks

Waste management company Shanks today said it had received a takeover approach worth around £536m.Read

Electricity bills to increase

Electricity bills will rise by an extra £4.30 a year on average to pay for upgrades to regional distribution networks, energy regulator Ofgem said today.Read

EasyJet reports jump in bookings

EASYJET today said bookings for last month rose by more than 12% as the low-cost airline continued to weather the economic storm.Read

Friday morning market opening

AIRLINE shares climbed today after low-cost carrier easyJet revealed a sharp rise in bookings and British Airways benefited from a broker upgrade.Read

Thursday morning market opening

THE London market made further gains today after Japan’s Nikkei index jumped 3.8% and the Federal Reserve boosted confidence in the US economy.Read

DIY chain defies downturn

B&Q owner Kingfisher today said consumers’ renewed interest in home improvement had helped it defy the recession as it reported a rise in sales.Read

Minister urges action over £1m earnings for bankers

AT LEAST 5,000 UK bankers will earn more than £1m this year unless action is taken, City Minister Lord Myners warned today.Read

RBS bonuses 'to be controlled'

The Treasury has demanded control of Royal Bank of Scotland’s bonus pot, it emerged today.Read

Tuesday afternoon market update

LONDON'S blue chip share index bounced back with a 1.7% rise today as investor worries over the global impact of the Dubai debt crisis began to subside.Read

Sharp falls on Dubai stock exchange

Dubai’s stock exchange suffered sharp falls today on the first day of trading since last week’s revelations over its debt crisis.Read

Thames warns of funding gap problems

The UK’s biggest water company today warned of a potential funding gap as the recession poses "significant challenges" for the business.Read

Board battle at All Bar One

All Bar One pubs chain Mitchells & Butlers today accused its major shareholders of sabotaging attempts to appoint a new chairman.Read

Thomas Cook's results 'better than expected'

Travel giant Thomas Cook today said holidaymakers were determined to take their summer break despite the recession as the firm posted better than expected results.Read

Resilient trade at Holidaybreak

Travel specialist Holidaybreak hailed a "resilient" trading performance today after school trip bookings offset a loss-making year in adventure travel.Read

Carphone Warehouse dials up better profits

TalkTalk firm Carphone Warehouse today flagged up improved prospects for the financial year after better than expected customer growth in the first half.Read

Thursday morning market opening

WATER companies bucked a wider market sell-off today after regulator Ofwat gave ground to the industry in its final decision on price limits for the next five years.Read

Sliding profits for Daily Mail owner

THE publisher of the Daily Mail newspaper reported a 23% plunge in annual profits today, but said its flagship title had the second best year in its history.Read