Archive for October 19th, 2009

Royal Mail in talks to avoid strike action

Royal Mail is in talks with the Communication Workers Union (CWU) in a bid to avoid the planned national postal strikes this week.
However, according to a report by Sky News, Royal Mail said it will call in conciliation service Acas to try to resolve its industrial dispute if unions agree to call off the strikes [...]

National Express Group adds 10.5 percent on rival’s interest

Equities markets in Europe were higher Monday.
The FTSE 100 added 1.76 percent to 5,281.54 in London, while the FTSE 250 added 1.28 percent to 9,546.64.
The biggest gainers and losers in London were on the 250, where public transport operators National Express Group (LSE: NEX) added 10.5 percent on confirmation that rival Stagecoach (LSE: SGC) has [...]

Don’t let banks return to business as usual

Opinion:The chief executive of consumer group Which? on his fresh concerns for banks: what they have done in exchange for their multi-billion bailout?

Peter Vicary-Smith

Borrowers warned on debt-free companies

Bank customers could be putting their money at risk by paying companies to use legal loopholes to free them of all their debts

Erasing your debt

More than 300 jobs created as NYSE opens Belfast office

The New York Stock Exchange (NYSE) has today announced plans for a “satellite office” in Belfast, Northern Ireland, which is set to create around 325 jobs.
The news will be welcomed by officials and ministers from the Northern Ireland executive who have been fighting hard for more US investment in the province as part of the [...]

IoD calls for increase in pension age

The Institute of Directors (IoD) is calling for the UK state pension age to increase to 70 as soon as “reasonably practical” due to “greatly increased” longevity.
The group argued that the state and private pension systems had become so complex that people were being deterred from saving for their retirement.
The group is also calling [...]