Archive for May, 2009

Plus drops LSE action and frees up trading

Sunday, May 31st, 2009

Investors will soon be able to trade all Aim stocks on a rival junior exchange following a legal settlement between the London Stock Exchange and Plus Markets, writes Sean Farrell.

Ryanair expected to ride turbulence

Sunday, May 31st, 2009

INVESTORS will be keen to hear Ryanair boss Michael O’Leary’s take on the state of the battered airline sector this week when the budget airline posts annual figures tomorrow.

AC tell Carlo: That’s yer Lotti

Sunday, May 31st, 2009

CARLO ANCELOTTI has left AC Milan - paving the way for him to be Chelsea boss

Mancini in Sunderland offer

Sunday, May 31st, 2009

ROBERTO MANCINI claims he has been offered the Sunderland manager’s job

Sisters need to discuss their legacy

Saturday, May 30th, 2009

Unfortunately, Sally’s total pension savings take her over the £17,500 limit rule. This would have allowed her to take the personal pension pot as a lump sum, stemming the losses by reinvesting elsewhere, says independent adviser Frances Kemp. “Friends Provident is OK, so if Sally does not need an income yet, she should leave the pension where it is but she needs to do some work to improve it,” she explains.

Complaints to watchdog soar as credit crisis tightens

Saturday, May 30th, 2009

THE number of people taking complaints about financial services companies to the official watchdog has soared during the past year as a result of the economic crisis.

Cash crisis results in pawn shop revival

Saturday, May 30th, 2009

BORROWERS are increasingly turning to pawnbrokers to solve their short-term cashflow problems, according to new reports. As lenders become both increasingly selective about their customers and more conservative in extending overdrafts, consumers are being forced to become more creative in their attempts to raise cash.

Snap-shot of market is blow to Jessops

Saturday, May 30th, 2009

JESSOPS, the embattled camera retailer, is faced with a market in “terminal decline” and must close more shops and boost online sales and promotions, expert say.

Lloyds’ bosses face firing line at AGM

Saturday, May 30th, 2009

LLOYDS Banking Group faces a stormy annual general meeting this week amid calls for the scalps of directors responsible for the disastrous HBOS takeover and lingering fury at executive pay levels.

Booming sales at Bestway sees profits up by 25 per cent

Saturday, May 30th, 2009

CASH & CARRY group Bestway has rung up a near 25 per cent rise in profits, indicating grocery wholesalers are faring just as well as supermarkets during the economic slump.