Evening Standard - Business

Warner Music hits sour note with CD sales flop

Tue, 09 Feb 2010 15:17:23 GMT

Warner Music highlights how it is not just EMI that is struggling from the downturn in CD sales

GlaxoSmithKline to cut 380 jobs at Essex site

Tue, 09 Feb 2010 15:07:36 GMT

GlaxoSmithKline will cut up to a third of the jobs at its research and development site in Harlow

Pension funds must stop City bonuses hitting savers, says Lord Myners

Tue, 09 Feb 2010 15:02:06 GMT

Lord Myners urges pension funds to do more in demanding more stringent control on City bonuses

Barclays bank chief: Barack Obama may harm global recovery

Tue, 09 Feb 2010 12:46:03 GMT

Barclays chief executive John Varley warns that Barack Obamas plans to cut the size and limit risk-taking by banks could damage the global economic revival

UBS ups bonus pool to £1.7bn after return to profit

Tue, 09 Feb 2010 12:26:54 GMT

The bank declares it is hiking its bonuses by 34% for 2009 as it reports its first quarterly profit in more than a year

500 more jobs go at Vauxhall in effort to break even

Tue, 09 Feb 2010 12:23:45 GMT

The carmaker axes another 500 workers from its UK operations as owner General Motors attempts to turn around the business

Trinity Mirror buys Guardian regionals for £44.8m

Tue, 09 Feb 2010 11:37:50 GMT

Guardian Media Group off-loads the Manchester Evening News and 31 other titles in its local newspaper division

UK's trade deficit widens to hit recovery hopes

Tue, 09 Feb 2010 11:27:43 GMT

Hopes of a strong, export-led recovery in the UK are dashed after the trade deficit unexpectedly swelled to its widest level in almost a year

FSA chief Hector Sants steps down

Tue, 09 Feb 2010 11:19:08 GMT

The Citys top regulator, Hector Sants, is quitting as chief executive of the Financial Services Authority

Approval of Crestor drug lifts AstraZeneca shares

Tue, 09 Feb 2010 11:09:36 GMT

Shares in AstraZeneca rise after the US regulator approves its cholesterol drug Crestor for wider use

Cost-cutting helps Piccolino beat forecasts

Tue, 09 Feb 2010 09:09:30 GMT

Piccolino and Bar & Grill restaurant chain says it will beat profit forecasts after a £2 million cost-cutting drive

TUI Travel prices up as holiday makers spend big again

Tue, 09 Feb 2010 09:03:45 GMT

Families face dearer summer holidays this year as TUI Travel, owner of Thomson, reports a nine per cent rise in its average selling price

Mothercare and Boots to make children's clothes brand

Tue, 09 Feb 2010 08:57:04 GMT

Mothercare and Boots will produce a new childrens clothing and accessories brand to be sold in Boots stores in the UK and Ireland

Wolfson falls into loss after losing Apple iPod deal

Tue, 09 Feb 2010 08:52:35 GMT

Microchip maker Wolfson Microelectronics suffers its first full-year losses since its 2003 flotation after the loss of a contract with Apple

Swatch watches popular as economy improves

Tue, 09 Feb 2010 08:49:04 GMT

Swatch, the worlds biggest selling watchmaker, predicts a strong 2010 as enjoys its second best-ever January

Rightmove ups profit forecast on busy January

Tue, 09 Feb 2010 08:40:10 GMT

January was so good for property website Rightmove it declares that this year's profits will beat City expectations

888 to continue buying spree in web betting boom

Tue, 09 Feb 2010 08:37:23 GMT

Online gambling group 888 is poised for further acquisitions as trading figures give confidence to the internet betting industry

Terrorism is good business at Beazley

Tue, 09 Feb 2010 08:31:51 GMT

Lloyd's of London insurer Beazley says terror premiums have stopped falling for the first time since the 9/11 New York and Washington attacks

Nissan makes profit to beat predictions

Tue, 09 Feb 2010 08:17:28 GMT

Nissan returns to profit and raises its annual forecast for the second time this financial year, boosted by brisk sales globally

Gordon Brown 'has to keep spending for UK to recover'

Tue, 09 Feb 2010 08:10:05 GMT

Gordon Brown should forget about reducing the budget deficit and continue spending to speed up Britains recovery from the credit crunch, a leading economist declares

Gordon Brown urged to concentrate on spending

Tue, 09 Feb 2010 08:03:42 GMT

Gordon Brown should forget about reducing the budget deficit and continue spending to speed up recovery from credit crunch, leading economist says

Return to profit helps UBS in fight to save reputation

Tue, 09 Feb 2010 07:56:15 GMT

Swiss bank UBS, one of the City's biggest employers, made a profit of £717 million after taxes in the final quarter of last year, beating analysts expectations

British Land bounces back following property slump

Tue, 09 Feb 2010 07:53:48 GMT

British Land says the value of its property empire rose sharply at the end of last year as it fought off the worst decline in decades

High streets reeling after worst January in 15 years

Mon, 08 Feb 2010 16:05:02 GMT

Snow and economic struggles caused sales to collapse in Britains high streets last month, the British Retail Consortium announces

Ethel collapse threatens 3,700 jobs

Mon, 08 Feb 2010 14:57:37 GMT

More than 3,700 jobs are at risk after womenswear chain Ethel Austin goes into administration for the second time in two years