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FTSE 100 ends six-day rally


The FTSE 100 has ended its six-day rally, ending 2.83 per cent lower as utilities and mining stocks weighed on the index.

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Bank failure victims could get cash faster


Customers of failed banks could get their compensation within seven days under new proposals – and without having any debt taken from their savings.

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Shop prices fall in December


Shop-price inflation fell dramatically to 0.5 per cent in December, the fastest rate in two years as retailers slashed prices and the VAT reduction took effect.

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Blacks warns on profits


Blacks Leisure has issued a profit warning as surfing clothing sales plunge, amid tough conditions for high street retailers.

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New car sales plunge 21.2%


New car sales fell 21.2 per cent in December signalling challenging times ahead for the motor industry.

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Miners, banks weigh on FTSE


The FTSE 100 fell 1.21 per cent in morning trading, dragged down by banking and mining stocks.

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Out-of-work 'better-off' than low-paid


Those who have lost their jobs because of the recession are often better off than low-paid workers close to the breadline, a report has claimed.

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Marks & Spencer cuts over 1,000 jobs


Marks & Spencer is cutting over 1,000 jobs and closing 27 stores after reporting a sales slump over Christmas.

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Pay falls for new workers


The sharp fall in vacancies is pushing down pay, according to recruitment consultants.

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FTSE continues rally


The FTSE 100 has extended its climb to six days, gaining 1.29 per cent despite gloomy economic forecasts for the year.

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