nebusiness.co.uk - News - National Business News

Record profits for Rolls-Royce

nebusiness.co.uk — Thu, 09 Feb 2012 08:18:00 GMT

Engines giant Rolls-Royce posted record annual profits of more than £1bn today and said it is confident of further growth this year.

UK drinks giant's UK sales dip behind Europe

nebusiness.co.uk — Thu, 09 Feb 2012 08:06:00 GMT

Drinks giant Diageo today said sales in the UK were falling behind its continental neighbours - although Britons are still lapping up vodka and Baileys.

RBS boss speaks out on bonus row

nebusiness.co.uk — Wed, 08 Feb 2012 08:51:00 GMT

Royal Bank of Scotland boss Stephen Hester admitted today he had "underestimated" the furore his £1m bonus would cause.

Virgin Media creates 620 jobs

nebusiness.co.uk — Wed, 08 Feb 2012 08:49:00 GMT

Cable operator Virgin Media is to create 620 new jobs as it looks to meet demand for its broadband and television on-demand service.

Losses widen at Thomas Cook

nebusiness.co.uk — Wed, 08 Feb 2012 07:52:00 GMT

The struggle at tour operator Thomas Cook was laid bare today as the beleaguered company revealed heavier losses - but offered some hope with robust summer bookings.

TUI Travels sees losses widen

nebusiness.co.uk — Tue, 07 Feb 2012 08:40:00 GMT

Thomson Holidays owner TUI Travel capitalised on the woes at Thomas Cook today by revealing that summer bookings outpaced the market during January.

BP increases dividend

nebusiness.co.uk — Tue, 07 Feb 2012 08:10:00 GMT

BP signalled a further step in its recovery today by hiking its payout for shareholders for the first time since the Gulf of Mexico oil spill.

Tesco 'to delay current account launch'

nebusiness.co.uk — Mon, 06 Feb 2012 08:08:00 GMT

Banking customers hoping to open a current account with Tesco will have to wait until next year after its launch was delayed, it was reported today.

Game wins support from lenders

nebusiness.co.uk — Fri, 03 Feb 2012 08:43:00 GMT

Struggling computer games retailer Game has been handed a lifeline after its lenders agreed to revise the firm’s banking facilities.

BT promises ultra-fast broadband

nebusiness.co.uk — Fri, 03 Feb 2012 08:21:00 GMT

Telecoms firm BT stepped up the pace of its broadband expansion today by promising "ultra-fast" speeds of up to 300Mb by next spring.

Unilever increases profits after price hikes

nebusiness.co.uk — Thu, 02 Feb 2012 09:06:00 GMT

Unilever scraped a small rise in 2011 profits today after price hikes and cost savings offset difficult markets.

Shell profits soar

nebusiness.co.uk — Thu, 02 Feb 2012 08:09:00 GMT

Oil giant Royal Dutch Shell today reported profits of £18.1bn for 2011, a jump of 54% on a year ago.

AstraZeneca to axe jobs

nebusiness.co.uk — Thu, 02 Feb 2012 07:44:00 GMT

Pharmaceuticals giant AstraZeneca said today that it will axe 7,300 jobs by the end of 2014 as part of a fresh round of cost savings.

Argos brings in US expert

nebusiness.co.uk — Wed, 01 Feb 2012 08:57:00 GMT

An American who has held senior positions at BestBuy and department store Sears was handed the task of reviving catalogue chain Argos today.

Kindle fails to stop Amazon profit dip

nebusiness.co.uk — Wed, 01 Feb 2012 08:10:00 GMT

A doubling in UK sales of its Kindle ebook reader failed to stop Amazon - the world’s biggest online retailer - suffering a profits slump today.

Carpetright issues profits warning

nebusiness.co.uk — Tue, 31 Jan 2012 08:28:00 GMT

The trading woes of the country’s largest floor-covering retailer showed no signs of easing today after it issued a fresh profits warning.

Water bills to rise

nebusiness.co.uk — Tue, 31 Jan 2012 08:22:00 GMT

Water and sewerage bills are to rise by around £20 from April, regulator Ofwat has said.

BSkyB reveals internet TV service

nebusiness.co.uk — Tue, 31 Jan 2012 08:19:00 GMT

Broadcaster BSkyB started the fightback against competition Netflix and YouView today as it announced a new internet TV service.

Cost-cutting Ryanair boosts revenues

nebusiness.co.uk — Mon, 30 Jan 2012 08:37:00 GMT

Ryanair’s profit hopes continued to climb today after December’s benign weather helped the airline deliver a 13% rise in quarterly revenues.

Rank in talks with Gala Coral

nebusiness.co.uk — Mon, 30 Jan 2012 08:00:00 GMT

The creation of the UK’s biggest casino operator was on the cards today after Mecca bingo owner Rank confirmed talks over a deal with Gala Coral.