UK Business News

The cash incentives offered by various governments across Europe to new car buyers has been a resounding success for the motor industry and the knock on effect is that Nissan in the UK is increasing production.
Nissan laid off 1,200 workers at it’s Sunderland plant in January, but since the scrappage schemes have been announced they [...]

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Fashion and homeware retailer Next have surprised themselves and financial experts by reporting better than expected sales for the first quarter of 2009, raising it’s profit estimates by £15million for the year.
While the company has suggested that the ‘good weather’ and people staying in the UK because of the weak pound have boosted sales during [...]

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Sales of new cars in the UK took a hammering in March, figures released show a drop of 30% on the same time last year with just 313,912 new cars registered. March has long been the benchmark for sales in the motor industry, with many customers keen for the opportunity to show off a newly [...]

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The German based discount supermarket Aldi, the tenth largest retailer in the world with over 7,000 stores have reported sales growth for the past year dipping below 20% despite a massive growth in food sales. Non food sales are slowing says Aldi managing director Paul Foley, but food sales remain strong, comfortably outperforming rivals including [...]

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Internet calling company Skype increased their growth during last year with a 41% increase in International calls via the web using the Skype software, accounting for 8% of the all international call traffic in 2008.
Since it’s launch five years ago Skype has become a staple software product for internet users, the latest figures issued by [...]

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