Sberbank’s £4billion profit
Sberbank
2010 was a successful year for at least one bank, as the largest bank in Russia posted a massive £4billion profit for the year.
Author Archives: Azaria
Shares across Europe rise
Share in Europe have risen this morning following increased investor confidence after news the Japan was starting to get a hold on their nuclear problems.
BT plan price increase
BT has announced plans to increase both line rental and call charges from the 28th April in another blow for already stretched consumers.
EDF push ahead with plans for UK nuclear site
Despite growing concerns following the nuclear crisis in Japan, French firm EDF have stated that they will push on with plans to build new nuclear reactors in the UK.
Government may scrap fuel duty rise
The government have hinted that they may scrap their planned fuel duty rise, as petrol prices continue to rise to record highs following uncertainty in Libya.
Oil prices increase following Libya attacks
Oil prices have increased by over $2 a barrel following the US led attacks on Libya.
Recession hit pensioners and the poor hardest
A new report from the BBC and the IFS (institute of Fiscal Studies) has revealed that those hit hardest by the recession were pensioners and the poorest households.
Ofgem tells energy companies to straighten up
Energy regulator Ofgem has warned the big six energy suppliers that the need to straighten up their tariff offerings and make things simpler for customers when comparing prices.
Angry Birds creator pushes for stock market launch
The company who created Angry Birds, the mobile phone game sensation of last year, are now planning to list their company on the stock market.
Yorkshire Building Society in merger talks
Yorkshire Building Society have announced that they have commenced merger talks with Norwich and Peterborough Building Society.
Gross mortgage lending remains still for February
February saw gross mortgage lending in the UK sit relatively still compared with February last year, sitting at 9.5 billion pounds, reported the Council of Mortgage Lenders today.
Chris Moyles raises over £2.4million with record breaking show
Chris Moyles and sidekick Comedy Dave have smashed the previous world record to become the longest running team show in radio history, staying on air for over 52 hours for comic relief.
New York Times to start charging for online content
The New York Times have announces that they will start charging in North America for their online content.
Nike issue profit warning, despite healthy year
Nike announces a 5% increase in net profits for the last year, but that still wasn’t enough for investors who had believed the sportswear firm would perform better.
Lloyds bank to cut 570 jobs
Lloyds banking group today announced plans that would see over 570 people lose their jobs, after plans to outsource 450 posts as part of further restructuring.
0% credit card deals competition gets interesting
The recession looks to be drawing to a close as credit card providers fight for customers with the introduction of the longest ever 0% deals.