Archive for the ‘john lewis’ Tag
4th of July
Filed under: Business, Depression, Finance, Recession | Tags: 4th july, bargains, bradford and bingley, britain, ECB, inflation, john lewis, lehman brothers, MSNBC, Recession, taylor nelson, WPP, Yahoo
Leave a Comment A slightly shortened version due to it being the Fourth of July so here’s your holiday news:
Friday Reading
Advertising firm WPP launch a revised bid for Taylor Nelson.
Four largest Bradford and Bingley shareholders confirm bailout strategy yet shares fall due to mortgage lender TPG pulling out.
Britain is veering closer towards a recession.
John Lewis sales dive 8.3% at beginning of summer sale.
US employers cut jobs for sixth month in a row as 62,000 are sacked.
“Mainstream fund managers lack appetite for complex financial instruments”
Yahoo market overview - monitor this to view the recession in real time!
European Central bank raises interest rates by 0.25 up to 4.25 due to inflation fears.
Lehman Brothers hand out mid-season bonuses in bid to retain key staff.
Households are, on average, 15% worse off than they were in 2003.
The silver lining to the cloud of recession: bargains abroad.
Story of the Day
Have fun on the 4th of July without breaking the bank with MSNBC’s Ten Top Tips.
