Archive for February 8th, 2010

Legal & General leads declines among insurers

Most European equities markets were higher Monday after last week’s declines on concerns about the economies of several nations in the region.
The FTSE 100 added 0.62 percent to 5,092.33 in London, but the FTSE 250 was down 0.28 percent to 9,010.37.
Insurers were mixed, with Legal & General Group (LSE: LGEN) leading declines in the sector [...]

Greek unions prepare for 24-hour strike amid austerity measures

Greek unions have today vowed to strike on Wednesday to protest against the Government’s austerity measures.
Last week, Greek Prime Minister, George Papandreou, announced tough austerity measures to tackle the country’s spiralling debt. Measures include a public sector pay freeze, a hike in taxes and an increase to the retirement age.
Spyros Papaspyros, president of the ADEDY [...]

Mobile broadband claims are ‘unrealistic’

Mobile broadband advertising is claiming ‘unrealistic’ connection speeds, according to research by comparison website Broadband Genie

A frustrated woman on the phone using a computer

Couple quoted £45,000 for BT broadband

A couple who want a broadband connection for their home and guesthouse have been told by BT it will cost £45,000 to have it installed

Ray Walker

Nationwide cuts best mortgage deposits

Nationwide has slashed the deposit required for its best remortgage deals moving them into line with its offer for homebuyers

Mark Benton in the Nationwide TV advert

Ethel Austin enters administration for second time in two years

Discount clothing retailer Ethel Austin has entered administration for the second time in two years.
The Liverpool-based retailer, which has 300 stores, will trade as normal while administrators MCR seek a new buyer.
However, MCR could not rule out closures or job losses since there were “no guarantees” that a buyer could be sought in the [...]