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COMPANIES & MARKETS
Government's hesitation on stamp duty is damaging housing market, says MP
The housing market is being damaged by the Government's failure to make clear whether a stamp duty holiday is about to be introduced, according to a senior MP.
07 Aug 2008
Ladbrokes sees lower profits from high-rollers
Lower profits from high-rollers and unfavourable results at Royal Ascot and Euro 2008 hit first-half figures at Ladbrokes, though the bookmaker is seeing no signs that punters are being deterred by the consumer downturn.
07 Aug 2008
ECB rates unchanged at 4.25pc
The European Central Bank has held its key interest rate at 4.25pc.
07 Aug 2008
Smith & Nephew, Barclays: Business roundup August 7
Business roundup: Smith & Nephew, Barclays, Cobham, Friends Provident, Cirque du Soleil and Ladbrokes.
07 Aug 2008
M&C sees slowdown in Asian hotel bookings
Troubled life assurer Friends Provident has reported a 20pc fall in first-half profits as a jump in international business failed to offset a slowdown in the UK.
07 Aug 2008
Cobham bullish on full year
UK defence group Cobham said today that it expected to beat its own growth targets for the full year after posting a 24pc rise in underlying pre-tax profits to £107m for the first half.
07 Aug 2008
House prices suffer largest annual drop since 1992
House prices suffered their largest annual drop since 1992 in July with £20,000 having now been wiped from the value of an average home in the last five months.
07 Aug 2008
Interest rate decision will have been far from clear-cut
You might have assumed that this decision - to leave borrowing costs on hold at 5pc - was a foregone conclusion.
07 Aug 2008
Interest rates held at 5pc by Bank of England
The Bank of England's Monetary Policy Committee opted to leave rates unchanged after weighing up the twin threat of rising inflation and the sharp slowdown in the British economy, which is increasingly at risk of sliding into recession.
07 Aug 2008
Housing woes hit Friends Provident profits
Troubled life assurer Friends Provident has reported a 20pc fall in first-half profits as a jump in international business failed to offset a slowdown in the UK.
07 Aug 2008
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