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HBOS becomes second British bank to make cash call
London - Britain's biggest mortgage lender, the Halifax Bank of Scotland (HBOS), Tuesday became the second leading bank to ask shareholders to bolster its finances in the wake of the credit crunch. The Glasgow-based bank said it needed to consolidat...

[Posted on : 2008-04-29 ] Category : [ UK (Business) ]

Leading oil giants see profits rise on back of oil price
London - Rising oil prices have boosted the profits of Britain's two leading oil giants, Shell and BP, in the first quarter of this year, figures showed Tuesday. Shell reported record profits of 3.9 billion pounds (7.8 billion dollars), while rival B...

[Posted on : 2008-04-29 ] Category : [ UK (Business) ]

 Grangemouth oil strike to end as row over pensions remains - Summary
London - The industrial dispute that has shut down Britain's third-largest oil refinery and an adjacent oil pipeline showed no sign of easing Monday as 65,000 tons of fuel were shipped in from European ports to prevent possible shortages. As around 1...

[Posted on : 2008-04-28 ] Category : [ UK (Business) ]

Second British bank to ask shareholders for cash injection
London - Britain's biggest mortgage lender, Halifax Bank of Scotland (HBOS), is expected to become the second major bank to ask shareholders to bolster its finances through a rights issue, it was reported Monday. HBOS was preparing to ask shareholder...

[Posted on : 2008-04-28 ] Category : [ UK (Business) ]

London Stock Exchange quotations
London - Closing prices in pence on the London Stock Exchange today. In brackets movement against previous quotation. FT-100 Index6,091.40(+ 40.70)(+ 0.67 %)...

[Posted on : 2008-04-25 ] Category : [ UK (Business) ]

British competition watchdog investigates tobacco price fixing
London - Britain's Office of Fair Trading (OFT) said Friday it would investigate allegations that leading tobacco firms and supermarkets were engaged in price fixing. The competition watchdog named 11 retailing chains, including supermarket giants As...

[Posted on : 2008-04-25 ] Category : [ UK (Business) ]

 RBS chiefs face shareholders over cash boost demand - Summary
London - Royal Bank of Scotland (RBS) bosses faced tough questioning form shareholders Wednesday about the reasons that led Britain's second largest bank to launch a record rights issue of 12 billion pounds (24 billion dollars) to bolster its finance...

[Posted on : 2008-04-23 ] Category : [ UK (Business) ]

London Stock Exchange quotations
London - Closing prices in pence on the London Stock Exchange today. In brackets movement against previous quotation....

[Posted on : 2008-04-23 ] Category : [ UK (Business) ]

RBS chiefs face shareholders over cash boost demand
London - Royal Bank of Scotland (RBS) bosses were Wednesday expected to be quizzed by shareholders about the reasons that led Britain's second largest bank to launch a record rights issue of 12 billion pounds (24 billion dollars) to bolster its finan...

[Posted on : 2008-04-23 ] Category : [ UK (Business) ]

Britain's RBS bank seeks shareholder help to boost capital - Summary
London - The Royal Bank of Scotland (RBS) Tuesday became Britain's first major lender to ask shareholders to help rebuild its capital base through a record 12-billion-pound (24-billion-dollar) rights issue in a move likely to be followed by other top...

[Posted on : 2008-04-22 ] Category : [ UK (Business) ]

 



 

 


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