News Tag: expand
December 7, 2009
Chinese state media has reported that annual car sales and production in China has accelerated and topped the 12 million mark to the end of November.
In addition, the Xinhua News Agency reported that the China Association of Automobile Manufacturers expects car sales and production to exceed 13 million units for the full year.
China has never produced more than 10 million ...
Surge in Chinese car sales and production
by Kay Murchie
October 26, 2009
Sir Richard Branson’s Virgin Money has applied to the Financial Services Authority (FSA) for a banking licence, which would enable the consumer credit arm of the Virgin Group to offer deposit accounts.
The move comes at a time when consumers have lost confidence in existing High Street banks following the financial crisis and Sir Richard wants to take advantage ...
Virgin Money continues its quest to become a bank
by Kay Murchie
October 20, 2009
Chinese state media has reported that annual car production in China has accelerated and topped the 10 million mark for the first time and is set to overtake the world's leading economies.
Only the US and Japan (the world’s number one and two economies) have produced 10 million cars in a single year.
China’s car industry has expanded rapidly ...
Chinese car production soars due to high demand
by Kay Murchie
February 1, 2009
Business Secretary Lord Mandelson is understood to be in full support of extending financial services at the UK’s 12,000 Post Offices.
The Department for Business Enterprise and Regulatory Reform (BERR), led by Lord Mandelson, is in favour of creating a 'People's Bank', which will see Post Office outlets as the backbone of a new national bank.
Many believe the move will help to ...
Post Office to expand banking services
by Kay Murchie
