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The Telegraph (Free subscription) | 3 hours ago
By Yvette Essen Last Updated: 6:22PM GMT 02 Dec 2008The Monetary Policy Committee meets on Wednesday to discuss further rate changes and is coming under increasing pressure for a further significant reduction. However, many people may not fully benefit from any cut as some lenders impose a "collar" on tracker mortgages, which sets a minimum level on the interest rate charged. Ray Boulger,...
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The Telegraph (Free subscription) | yesterday
By Richard Fletcher and Yvette Essen Last Updated: 9:16AM GMT 01 Dec 2008TescoA poll of analysts ahead of the supermarket chain's third-quarter numbers out tomorrow shows UK like-for-like sales growth excluding fuel is likely to be just 1.9pc. This figure would be the poorest performance since its annual figures in 1992 to 1993 and would show a significant slowdown since the second quarter,...
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The Telegraph (Free subscription) | 30/11/2008
By Yvette Essen Last Updated: 10:20PM GMT 30 Nov 2008 General Motors' future has been uncertain, with the car-maker's share price tumbling 79pc so far this year Photo: AP An emergency meeting was said to be underway in Detroit to put together a rescue plan to present to Congress by tomorrow. The package would be presented as GM makes a fresh attempt to secure up to $12bn (£7.8bn) of state...
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The Telegraph (Free subscription) | yesterday
By Yvette Essen Last Updated: 11:14PM GMT 30 Nov 2008It is understood the £1.7bn company is setting up the insurance vehicle to take advantage of a sharp rise in insurance premiums. A string of insurers including Amlin have recently said rates are now moving higher following worse-than-expected hurricane losses and insurers having to repair their balance sheets following poor investment...
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The Telegraph (Free subscription) | 27/11/2008
By Richard Fletcher and Yvette Essen Last Updated: 10:27PM GMT 27 Nov 2008A branch of Woolworths in London.Photo: PAA deal could be completed within weeks, claimed Neville Kahn, the Deloitte partner who was appointed as Woolworths administrator on Wednesday.Speaking publicly for the first time since his appointment Mr Kahn said he had received numerous expressions of interest from potential...
