Britain’s desire to boost investment and competition in the energy sector will be threatened if German utility group RWE presses ahead with a £5bn sale of npower, MPs have warned. View full post on UK Business Stories
Posts Tagged ‘sector’
Political reality curbs coalition’s zeal
June 16th, 2011
admin The coalition toyed with a stark title for the planned white paper on public sector reform – ‘Public services: open for business’ View full post on UK Business Stories
BP’s Tony Hayward in £1bn listing
June 9th, 2011
admin FORMER BP chief executive Tony Hayward and financier Nat Rothschild are seeking £1billion through the float of their new investment vehicle Vallares to target acquisitions in the oil and gas sector. View full post on Business Stories
Australia PMI rises to 48.4 in April: survey
May 1st, 2011
admin SYDNEY (MarketWatch) — Australia’s performance of manufacturing index rose 0.5 percentage points to 48.4 in April but the sector remained in contraction, according to a survey conducted by Australian Industry Group – PriceWaterhouseCoopers. A reading below 50 indicates contraction. A decline in transport equipment, textiles and miscellaneous manufacturing, mainly due to the strong Australian dollar, [...]
Lords inquiry to damn Big Four auditors’ role in financial crisis
March 26th, 2011
admin The UK’s leading auditors have offered to reform the way they operate ahead of what is expected to be a highly critical report on their role in the financial crisis and the lack of competition in the sector. View full post on UK Business Stories
Budget 2011: Aviva backs Government stamp duty measures
March 24th, 2011
admin Aviva has backed Government measures to reform tax on bulk residential property deals as “unequivocally positive”, boosting hopes that it could spark a wave of institutional investment into the private rental sector. View full post on UK Business Stories
G-20 reportedly takes first step on indicator deal
February 20th, 2011
admin SYDNEY (MarketWatch) — Finance leaders attending the G-20 meeting held in France over the weekend reached a tentative deal which could lead to the introduction of indicators to help prevent future financial crises, according the Financial Times. French finance minister Christine Lagarde said that the indicators are expected to include domestic policies of G-20 members, [...]
Alpha agrees to buy Massey for $8.5bn
January 29th, 2011
admin Alpha Natural Resources, the third-biggest US coal producer, agreed to buy its rival Massey Energy. for about $8.5bn in cash and stock, as the consolidation of the global coal sector continues apace View full post on UK Business Stories
Are All Penny Stocks Created Equal?
December 20th, 2010
Amazingly enough, a number of American financial sector stocks were thrown into penny stock realm in the past two weeks. In the past few months, even bigger banks declared bankruptcy.
British PM launches growth and jobs strategy
October 25th, 2010
admin LONDON: British Prime Minister David Cameron, fresh from unleashing the biggest public spending cuts in decades, vowed on Monday to help deliver private sector jobs and growth in a key speech to business chiefs. View full post on Business Stories

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