News Tag: doubt
October 27, 2009
Free evening newspaper, London Lite, has seen its future thrown into doubt today after its owner Associated Newspapers said it would begin a consultation with its employees.
London Lite, which is currently losing almost £10 million a year, was launched on 30 August 2006 but its owner has recently expressed concern about the "commercial viability" of the paper.
The paper employs 36 ...
Uncertain future at London Lite Newspapers
by Kay Murchie
October 14, 2009
The UK economy has received a boost today with hopes that a recovery is well underway after the Office for National Statistics revealed that UK unemployment increased 88,000 to 2.47 million in the three months to August, taking the unemployment rate from 7.6% to 7.9%.
Today’s figure was not as bad as expected and the rise in the number of unemployed was ...
UK unemployment up but increases slows
by Kay Murchie
October 13, 2009
The British Chambers of Commerce (BCC) has cast doubt over the UK’s exit from recession in the third quarter.
Many reports are suggesting that the UK will emerge from recession in the July to September, however the leading business group said while business confidence has strengthened, the economy was still "frail".
Recently, there has been mixed economic data in the UK, ...
BCC cast doubt over Q3 recession exit
by Kay Murchie
September 8, 2009
US food giant Kraft saw its shares fall 5% to $26.7 this morning on Wall Street as investors expressed concern about the group’s takeover approach for British confectionery giant Cadbury.
Cadbury rejected the £10.2 billion offer from Kraft, which is renowned for brands such as Kenco coffee, Oreo biscuits, Terry’s Chocolate Orange, Toblerone and cheese products such as Philadelphia and Dairylea.
When the ...
Kraft shares fall over Cadbury offer
by Kay Murchie
