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Report implicates UK banks in Nigerian government scandal

October 15, 2010

International anti-corruption surveillance group, Global Witness has said that at least four of the UK’s major banks are involved in aiding the governors wrapped up in the Nigerian government scandal. Among the banks listed in the document – HSBC, Barclays, Royal Bank of Scotland and Natwest – only one would comment ...

Chilean miners rescued from 69 day ordeal

October 14, 2010

Relatives of the trapped Chilean miners looked on as the almost 70 day ordeal came to an end with the arrival of foreman Luis Urzua, 54, at the surface of the San Jose mine. Urzua, who had volunteered to be brought up last was greeted by Chile’s President Sebastian Pinera, stepped ...

£15 off Travelodge accommodation in UK

October 13, 2010

Now that the summer holidays have winded down, UK travellers are back to the grind of daily life with work and school. However, Travelodge is offering a great deal for those looking to take a break with a weekend away. Partnering with the UK’s leading discount voucher site, Travelodge’s latest promotion ...

UK media campaigns against News Corp takeover of Sky

October 12, 2010

In a drafted letter to Vince Cable, several UK media firms have voiced their opposition to the proposed takeover of BSkyB by Rupert Murdoch’s media empire. The £8bn deal, which would see a full takeover of the UK satellite broadcast company, would be a serious threat to democratic debate, warned the ...

Suppliers disappointed by leaked Asda memo

October 11, 2010

A memo from Asda that was handed out to buyers last year has leaked. In the document, the firm reveals common tactics used by supermarkets to coerce suppliers into giving a better deal. Phil Briggs, Asda’s commercial director, wrote the guidance, which is 88 pages long. Briggs tells Asda buyers ...

Ofcom ruling will see BT share fibre cables

October 8, 2010

Ofcom has ruled that BT must allow competing internet providers to share control of the ISP firm’s fibre cables. In a bid to open up further access to superfast broadband networks in the UK, Ofcom has declared that BT must sell access to the cables to other ISP providers. BT, which ...

Sainsbury’s exceeds expectations with half-yearly profits

October 7, 2010

During its half-yearly sales report, Sainsbury’s has said it enjoyed a like-for-like profit increase of two per cent. Beating out Tesco in like-for-like sales, the popular UK retailer said that it had delivered yet another strong performance in the face of the ongoing recession. With Tesco posting like-for-like sales increases of ...

Tesco gives shoppers personal price scanners

October 6, 2010

Tesco, which has posted soaring profits of nearly £1.6bn this financial half, has announced its latest technological venture in the form of self-checkout scanners. The popular UK grocer, which has been piloting the scheme at a store in Romford, will now roll out the device through its UK outlets. Using the ...

M&S launches bulge-enhancing pants for men

October 5, 2010

Marks & Spencer is spearheading a new product line aimed at boosting men’s confidence through a range of designer pants. The product – a pant equipped with an integral shelf – is designed to boost confidence by nearly 38 per cent with its ‘bugle’ enhancing capabilities. The garment will retail for ...

Npower agrees to large customer payout

October 4, 2010

In one of the biggest energy payouts of its time, Npower will compensate 1.8 million households for overcharging them. With payments ranging from £1 to £100, the average payment will be £35. Following a row over changes to its charging schemes back in 2007, the energy giant has agreed to hand ...

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