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Blacks Leisure Denies Mike Ashley’s Allegations of Takeover Breach

March 31, 2010

Entrepreneur Mike Ashley has accused outdoor and camping specialist Blacks Leisure of breaking takeover rules ahead of the deadline Thursday for his retailer, Sports Direct, to make an offer. Ashley is the founder and deputy executive chairman of the sports store, as well as owns Newcastle United Football Club. Ashley ...

Kylie Minogue in Sheets for Cancer Campaign

March 30, 2010

Singer Kylie Minogue has joined the Fashion Targets Breast Cancer campaign by dressing in nothing but silk sheets for a photo shoot with celebrity photographer Mario Testino to front the campaign. Joining her are model Claudia Schiffer and actress Sienna Miller. This is the first time in 5 years that ...

Vodafone and Verizon Merger Talks

March 29, 2010

Vodafone is pressing harder in its talks with Verizon, the company's American Verizon Wireless joint venture partner, to try to restart dividend payments. In the last few weeks, the two companies have held talks about breaking the deadlock over the future of Verizon Wireless, which is 45% owned by ...

Retail Sales Recover in UK

March 26, 2010

Retail sales in the UK have strongly improved from January to February, according to official figures from the Office for National Statistics. Sales volumes have increased by 2.1%, including fuel (1.9% excluding fuel), after they had decreased by 3% in January. This significantly beat the initially reported 1.8% ...

Darling Reveals Budget 2010

March 25, 2010

Chancellor Alistair Darling announced the budget for 2010 on Wednesday in which they will focus on public spending, tax and growth. He said that the government will continue with the plan over 4 years to cut the deficit in half. There are 3 main points that seem to ...

Sky Sets Launch Date for 3D Channel

March 24, 2010

Sky, the British satellite television provider, has confirmed that they will launch their new 3D channel services on April 3. This service will be made available to pubs first, and over 1,000 have signed up for the service. Residents are set to get the service later this year. The ...

Barclays Reorganizes Business for £100 million Charge

March 23, 2010

Barclays, which is the second largest UK bank, announced on Monday that they have reorganized the company into 3 divisions and plan on exiting an Indonesian unit. All of this will add up to £100 million in costs. This charge is going to be taken at Barclays Corporate, which lends ...

Lloyds TSB to Report 2010 Profit

March 22, 2010

Lloyds TSB, which was bailed out last year, just reported a loss of £3.6 billion less than a month ago, but now they are surprising everyone by saying they expect to report a profit this year. The bank said that bad loans were the main reason for their loss, ...

DiscountVouchers.co.uk Launches £50,000 Sport Relief Aid Facebook Campaign

March 19, 2010

DiscountVouchers.co.uk, a leading money-saving website, has launched a campaign on Facebook to help raise funds for Sport Relief, a biennial charity event from British charity organization Comic Relief. For every Facebook user that becomes a fan of the campaign, the company will donate 10p. The goal is to ...

Sky Not Acquiring 15k 3D Televisions from LG

March 18, 2010

There have been reports emerging recently that say Sky is buying 15,000 3D televisions from LG Electronics, the Korean manufacturer. However, contrary to their original statement earlier this week, the manufacturer is saying that these reports aren't true. On Tuesday, LG issued a press release saying that Sky had purchased ...

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