Finance & Stock Market News


Glance-PRESS DIGEST - British business - April 26

Thu, 26th Apr 2012 01:38


The Times

GOLDMAN CHIEF LAUNCHES THE FIGHTBACK

Lloyd Blankfein on Wednesday ended
a two year media silence

to launch a fightback against criticism of Goldman Sachs

and its corporate culture.



UK FORD WORKERS THREATENING STRIKE

The rising tide of industrial unrest has spread to Ford , where trade unions are threatening to take workers out on

the first British strike at the motor giant since the 1970s.



The Telegraph

EC SET TO RELAX FISCAL TARGETS AS REVOLT SPREADS

The European Commission is preparing a major shift in

economic strategy, fearing that excessive fiscal tightening will

inflict unnecessary damage on a string of euro zone countries.



HARLEY DAVIDSON RIDING TO RECOVERY

Motorcycle maker Harley Davidson said the U.S. is

back on the road to recovery after it registered a 20 percent

rise in sales. The iconic manufacturer saw sales hit $1.3

billion over the last quarter.



BARCLAYS CHIEF'S PAY IS 'OUT OF ORDER'

The multimillion-pound remuneration package of Barclays chief executive Bob Diamond is 'out of order',

according to the head of the Institute of Directors (IoD), one

of Britain's largest business groups.



The Guardian

UK DIPS BACK INTO ANOTHER RECESSION

The British government's badly received budget took a fresh

turn for the worse on Wednesday when the latest set of growth

figures showed Britain plunging into its first double-dip

recession since 1975.



The Independent

VIRGIN SAYS USAIN BOLT IS BOOSTING SALES

Virgin Media on Wednesday claimed its decision to

up its advertising spend by 50 percent to 53 million pound

($85.40 million) in the past quarter had paid off, as subscriber

numbers jumped for its premium pay-TV and super-fast broadband.



($1 = 0.6206 British pounds)



(Reporting by Stephen Mangan; Editing by Eric Beech)

Keywords: PRESS DIGEST BRITISH BUSINESS APRIL 26

(stephen.mangan@thomsonreuters.com)(+44 0207 542 7931)

COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.


Related Shares: Barclays (BARC).


Next Article: Briton accused in Iran missile scheme released from U.S. custody

Back to Finance News


Sign up for Live Prices


Datafeed and UK data supplied by NETbuilder and Interactive Data. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.