Finance News
Business - Google News The Guardian | £15m bonuses 'justified' after Rock slashes losses by £1bn Independent Northern Rock, the state-owned bank, said yesterday it would pay its staff £14.9m in bonuses after reducing its annual losses by more than £1bn. But the company said that only 32 employees would be given more than ... Our staff have earned their bonuses, says Northern Rock chief executive Hopes rise of profit from Northern Rock sale Northern Rock in talks over sale of 'good' bank |
 Times Online | Cazenove insider trader found guilty Telegraph.co.uk A former Cazenove partner has been found guilty in the largest case of insider trading brought by the Financial Services Authority. By Harry Wilson Malcolm Calvert, the former Cazenove partner who has been found guilty of insider trading. ... Former Cazenove banker found guilty of insider dealing Malcolm Calvert, former Cazenove partner, guilty of insider dealing Ex-Cazenove partner Malcolm Calvert guilty of insider dealing |
 Times Online | Tube ruling angers transport head Financial Times The sole surviving private contractor in the London Underground public-private partnership insists it will fulfil its obligations to maintain and upgrade three of the system's busiest lines, ... Underground row changes tack Tube Lines looting London, says the Mayor TfL must make cuts or postpone upgrades to plug £460m funding gap |
 Daily Mail | Commercial property may cause new crisis, says FSA Independent The City watchdog has sounded alarm about the prospect of a meltdown in commercial property. Announcing much tougher stress tests for banks, the Financial Services Authority raised concerns that they are not ... Financial Services Authority to tighten watch on rogue products FSA takes another look into the abyss to test banks' foundations Millions of families' homes are at risk from shock interest rate rises or ... |
 Daily Mail | Tullett shares soar but takeover poses data risk Daily Mail By Daily Mail Reporter A Chinese takeover of inter-dealer broker Tullett Prebon could put sensitive economic data on European countries in the hands of a foreign power, investors were warned. Tullett Prebon confirmed it was in early talks about a ... Don't discount Mr Smith City excited by predator stalking Tullett FTSE all of a flutter on takeover talk |
 BBC News | Allen's task is to ensure EMI's record is a long-player Financial Times What with the loss of the Rolling Stones , the on-off sale of Abbey Road studios, and the legal infighting with Citigroup in one court and Pink Floyd in another, EMI under Terra Firma's ownership is already the most public private equity ... Same old song at EMI? Will ex-ITV boss hit right note at EMI? EMI Banks on a Media-Industry Veteran |
 The Handy Shipping Guide | Tanfield to sell electric vehicle operation Financial Times Tanfield, hailed three years ago by then-prime minister Tony Blair as a company that would make its presence felt throughout the world, is to sell its electric vehicle business. The Aim-quoted company set out to establish itself as a ... Roy Stanley behind £70 million SEV US bid Tanfield accelerates after US offer for its electric car business Tanfield gets 37 mln stg bid for electric vehicle unit |
 Interactive Investor | Inchcape slashes debt but maintains cautious outlook Financial Times Inchcape, the international car dealership, cautioned that weak consumer confidence and fear of unemployment would drag on sales in key markets. Reporting results for 2009, Inchcape said it ended the year with net cash of £800000, ... Inchcape beats City forecasts but is cautious about 2010 Investment Column: Overseas growth makes Inchcape a hold Inchcape profit tops hopes, cautious on recovery |
 RTE.ie | Glanbia talks to partners over sale Financial Times Glanbia, the Irish foods company, is in discussions to sell its Irish businesses to its dairy co-operative partners, who own 54 per cent of the Dublin-listed company. The company said such a deal would offer the Glanbia ... Glanbia eyes better growth through food focus Glanbia in talks on sale of dairy business to co-operative Glanbia ponders Dairy Ireland sale after tough year |
 BBC News | Fears for Standard Life jobs amid plans for £100m cuts Scotsman STANDARD Life has raised the spectre of job cuts after laying out plans to strip £100 million in costs from the business over the next two years. The Edinburgh-based life and pensions giant, which has been on an efficiency drive ... Nish criticises Standard Life bureaucracy Standard Life results trump expectations Standard Life 2009 Net Down 1.5%; May List India JV |
