25 June 2008 Archive

High street faces tough June

Tough times ahead for retailers

Retailers have reported a tough month in June, despite a jump in food sales.

FTSE closes up 0.5% on rocky day

Traders shaken not stirred on rocky day

A rocky day for traders saw the FTSE 100 close up 0.5 per cent to 5662.70.

Cautious funds losing cash

Cautious funds investors losing out

The cautious managed sector is seeing low returns and in some cases is losing investors' cash, according to new research.

FTSE yoyos to start the day

empty

The FTSE 100 was up 0.43 per cent at 9:22 BST after a hectic opening seeing rises, falls, rises and falls.

Barclays looks to raise £4.5bn

Barclays turns to investors for cash

Barclays today announced a £4.5 billion share issue to shore up its balance sheet.

Tooth fairy beats credit crunch

Tooth fairy payments soar in face of economic crunch

The tooth fairy is set to pay out £23.4 million this year, as the credit crunch and soaring food and fuel prices fail to dent dental income for children.

US interest rate steady at 2%

Federal Reserve keeps interest rate at two per cent

The US Federal Reserve has held interest rates at two per cent, the first time it has not cut rates in ten months.

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