UK Business News

One sector that appears to have escaped the wrath of the credit crunch, is the funeral business, with some up beat news from one of Britain’s biggest, Dignity, who have boosted profits by 17% in the first half of the year.
Dignity carried out 36,400 funerals in the first half of the year, an increase of 1700 [...]

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Irish based airline Ryanair have warned shareholders that the business may make it’s first loss since 1989, as it aims to cut fares in the face of high fuel costs and looming recession.
Ryanair chief executive Michael O’Leary has made it quite clear that he intends to increase the company’s market share by reducing fares at [...]

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The Energy Institute (EI) have announced the recipient of the 72nd Melchett Award, is Andrew Warren FEI, Director, of the Association for the Conservation of Energy (ACE). Mr Warren was presented with his award by Dr Joanne Wade FEI, EI Honorary Secretary, at an evening reception in London.

Andrew Warren has [...]

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The worlds largest mobile phone company, Vodafone, has launched a campaign to buy back £1billion of it’s shares following an adverse reaction in the stock market yesterday, to the companies warning that profits would be at the bottom end of forecasts.
The warning to shareholders saw Vodafone prices crash by 14% to 129p. The Vodafone board [...]

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The flooring retailer Floors-2-Go have gone into administration following news yesterday of a cash crisis at the company.
A report in today’s Independent says that the administrators were forced to close 41 of the 135 stores operated by Floors-2-Go with immediate effect resulting in the loss of 97 jobs.
The flooring retailer has become the latest high [...]

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