UK Business News

Hundreds of passengers were left stranded as budget airline Zoom went into administration last night. Zoom which operated from five UK airports has blamed the collapse on high fuel charges.
The UK and Canada based business founded by brothers John & Hugh Boyle said that it had attempted to secure a re-finance package for the company, [...]

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Figures released by Standard &Poor (S&P) show that the 500 biggest publicly traded companies in the world, showed overall operating earnings down by 29% for the year in the second quarter of 2008.
Earnings for the quarter were $116.2 billion (£63.3 billion), compared to $194.3 billion in the second quarter of 2007.
This is the fourth quarter in a [...]

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Money.co.uk is a brand new financial comparison website with a difference, as well as comparing such things as credit cards and insurance the site also contains thousands of top quality articles, financial news headlines and money saving tips.
The site has some excellent features in it’s comparison tables, under credit cards for instance the chart shows [...]

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In the midst of the doom and gloom surrounding the UK economy, the supermarket winners in recent months are the cut price stores of Aldi and Lidl.
In case you hadn’t noticed the big supermarkets are fighting our corner for us by reducing prices on selected items, not really for the customer, but more to maintain [...]

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Retail giant Tesco have announced a £60million venture into the wholesale cash & carry business in India, alongside a deal with the Tata, owners of the Land Rover/Jaguar group.
Tata already has a stake in the Indian retail market through their Tata’s Star Bazaar hypermarkets and the deal is hoped to grow that chain from the [...]

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