Sign up to receive our daily news service:
  • JJB set for administration

    Monday 24 September 2012 8:00

    JJB Sports shares have been suspended as the struggling retailer readies itself for administration. The firm will continue to trade through all of its outlets while it prepares a widely anticipated pre-pack administration.

  • Cable's £1bn pledge

    Monday 24 September 2012 8:00

    Business Secretary Vince Cable is set to announce the creation of a £1bn business bank to help increase lending to companies. He will reportedly tell the Liberal Democrat party conference in Brighton that the bank would "get behind" good businesses and be up and running in 18 months.

  • Ofcom rules BskyB 'fit and proper'

    Thursday 20 September 2012 8:00

    The media regulator has ruled that BSkyB is a fit and proper holder of broadcast licences. Ofcom had said it was examining the company in the wake of the phone hacking controversy at News International (NI), owned by News Corporation which has a 39.1% shareholding in the satellite broadcaster. Ofcom's statement said: "In July 2011, in light of the public debate about phone hacking and other allegations, Ofcom confirmed that it had a duty to consider whether Sky was fit and proper to continue to hold its broadcast licences.

  • Housing market sees flat summer

    Thursday 20 September 2012 8:00

    Activity in the housing market remained subdued in August as the economy was flat and household confidence low, according to the Council of Mortgage Lenders. Gross mortgage lending fell slightly from £12.7bn in July to £12.6bn in August, which was 4% lower than August last year.

  • Inflation down

    Tuesday 18 September 2012 10:00

    UK inflation fell last month despite a rise in oil and fuel costs,new data shows. The consumer price index (CPI) rate of inflation fell to 2.5% in August, from 2.6% the previous month, the Office for National Statistics (ONS) said.

  • JJB jobs threat

    Monday 17 September 2012 9:00

    Around 50% of JJB Sports's 180 stores will reportedly close with the loss of around 2,000 jobs if Mike Ashley's Sports Direct International concludes a deal to take over the struggling retailer this week.

  • Infrastructure warning

    Monday 17 September 2012 9:00

    Two-thirds of business leaders believe the nation’s infrastructure is unlikely to improve over the next five years. At the same time UK firms want to see the Government to speed up its infrastructure initiatives, the CBI and KPMG warned today. The CBI/KPMG infrastructure survey 2012, Better connected, better business, obtained responses from 568 business leaders during June and July, and identified transport as the area of greatest concern.

  • Operation hot savoury

    Monday 17 September 2012 5:00

    Greggs the baker is partnering with NAAFI to take its freshly baked savouries to troops in Germany, in a trial that will see Greggs supplying frozen savouries to the British Military base in Gutersloh, Germany. NAAFI, the organisation supporting Britain’s armed forces abroad, aims to give British Troops a taste of home wherever they are based around the world.

  • HSBC UK head to step down

    Friday 14 September 2012 9:00

    Joe Garner, HSBC’S head of UK bank, is to step down from the role at the end of next month, after less than two years in the job. HSBC's European retail banking and wealth management chief Antonio Simoes will succeed him in the post.

  • Olympic let down

    Friday 14 September 2012 8:00

    New figures show that the anticpated Olympic-fuelled boost in UK visitor numbers failed to materialise. The Office for National Statistics (ONS) confirmed there were 3.18 million trips to the UK by visitors from overseas in July 2012 compared with 3.36m last year. It also showed the amount spent by tourists from abroad fell from £2.13bn to just over £2bn.

  • Security organisation formed

    Friday 14 September 2012 6:00

    A new organisation has been founded to improve the understanding behind internet security. The Academic Research Institute will look into online security and the growing threat of cyber crime and terrorism. Francis Maude, minister for cyber security, has said that whilst the UK is one of the safest places in the world to do business, it was important to show the world that we are not “complacent” in that position.

  • Greggs chairman to step down

    Thursday 13 September 2012 16:00

    Bakery chain Greggs has announced that Derek Netherton is to step down as chairman after 10 years in the post. He will be replaced by Ian Durant who was appointed as an independent non-executive director in October 2011 and currently serves as chairman of the group's audit committee. He is also chairman of Capital and Counties Properties PLC and a non-executive director of Greene King plc and Home Retail Group plc.

Become a member


To personalise your BQ

Read More

Press Releases