BSkyB Murdoch takeover?

Rumours are circulating that Robert Murdoch will pay a lump sum of £6bn in order to take over BSkyB with a 61% share in the company even though he does not own it causing the overall share price of the company to reach a two year high last Friday closing at 598p up 5% leaving […]

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Digital sales of music higher than CDs

The British music industry got some great news yesterday when it was released that for the first time ever, in 2009 digital music royalties had surpassed the amount made from CD sales, which have consecutively been falling year on year. Last year the royalties from online music downloads rose 72.7% up to a total of […]

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George at Asda 3 month returns deal

One of the largest clothing retailers in Britain is about to take on its rival Marks & Spencer by offering a new much more generous policy on high street for shoppers that want to return goods. Starting in the middle of this week, the George at Asda supermarket label will release its new permanent 100 […]

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CBI wants plan for balanced budget

Business leaders are pushing the government to develop a plan that will balance the public finances by the year 2016 when is two years earlier than originally planned. The CBI believes that this target date could be reached if spending is lowered overall and the public sector underwent reform.  The organization claims that the government […]

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Sorrell cautious about upturn

If you want to be soothed and reassured about the current economic situation, don’t turn to Sir Martin Sorrell.  He tells it like he sees it, and he doesn’t approve of sugar-coating. Sorrell is the founder and chief executive officer of WPP, the largest advertising group in the world. Since advertising is probably the first […]

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Business interest rates hold at 5%

The monetary policy committee of the Bank of England voted on Thursday to hold the interest rates at .5% and not to extend its programme of cash injections back into the economy. The decision was expected by most and comes as the state of the economy showed mixed signs during the early months of 2010. […]

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Whitbread brews coffee profits

Costa is quickly becoming the rising star in the Whitbread group due to their new flat offering of a strong white coffee called the ‘flat white’ three weeks ago.  The group reported that sales grew for all three of their businesses- Premier Inn, Beefeater, and Costa- which are spread across the UK. Across Britain there […]

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