4 December 2008 Archive
FTSE 100 holds firm on jagged day
The FTSE 100 closed down 0.15 per cent today after a day dominated by interest rate cuts. |
Morrisons see large sales increase
Supermarket chain Morrisons reported an 8.1 per cent jump in its third-quarter sales, claiming that over 700,000 new shoppers are visiting its stores every week. |
FTSE jumps and continues Wednesday rally
After spending much of Wednesday in the doldrums, traders in London this morning continued a last minute rally from last night, ahead of an expected Bank of England interest rate cut. |
Banks take control of New Star
The taxpayer is to become a major owner of the troubled New Star fund after several banks bailed it out in a debt-for-equity swap. |
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