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Home  Jan, 2006

The latest City and personal finance news with updates throughout the day



Tesco growth stuns rivals  [01/17/2006 11:50 AM]
Tesco has proved it reigned supreme over all rivals in the supermarket wars during Christmas, with sales surging by 5.7%
Inflation eases back again  [01/17/2006 11:50 AM]
Inflation eased back for the third month in a row in December, giving the Bank of England more scope to cut interest rates
Market report: Tuesday 11.00  [01/17/2006 11:50 AM]
The London market fell sharply today with Tesco was among the heaviest fallers, despite posting another strong Christmas sales performance
Thousands miss child fund deadline  [01/17/2006 11:50 AM]
Parents across Britain have lost the right to decide where to invest a cash handout intended to give children a financial start in life
Cairn may strike new oil finds  [01/17/2006 11:50 AM]
Oil and gas explorer Cairn Energy has indicated that more oil may be in place at its key Indian fields than previously thought
Somerfield supplies reach end of shelf life  [01/17/2006 11:50 AM]
Somerfield is to strip hundreds of products from its shelves in a review of 'underperforming and unprofitable lines', following its £1.8bn takeover
I'll sell easyJet if the price is right  [01/17/2006 11:50 AM]
EasyJet founder Stelios Haji-Ioannou has said he will sell low-cost carrier easyJet if the price is right
NAB banks call time on final-salary scheme  [01/17/2006 11:50 AM]
Clydesdale and Yorkshire bank have become the latest companies to call time on final-salary pension schemes
Good reception for O2's TV on mobiles  [01/17/2006 11:50 AM]
Mobile phone group O2 said that the trials of broadcasting television footage to phones showed the majority of users would buy the service
Settlement 'close' in £37m FT libel case  [01/17/2006 11:50 AM]
A landmark £37m libel claim by stockbroker Collins Stewart against the Financial Times is expected to be settled out of court
KPMG boss takes £3m despite tax scandal  [01/17/2006 11:50 AM]
The boss of accounting giant KPMG, who has spent the last year fighting a massive tax advice scandal in the US, has seen his pay top £3m
Rate-cut hopes grow with lid on wages  [01/17/2006 11:50 AM]
Hopes that the Bank of England will cut interest rates in coming months have been boosted by signs that pay settlements are holding steady
Calls to debt lines up 40%  [01/17/2006 11:50 AM]
Record numbers are calling debt advisory services as Christmas spending threatens to send them bankrupt, with calls to the National Debtline up 40%
Hotspots turned upside down  [01/17/2006 11:50 AM]
The property hotspot map has been transformed with traditionally trendy areas inching ahead while prices in Northern Ireland have rocketed
Insolvencies 'set to surge after debt spree'  [01/17/2006 11:50 AM]
The number of corporate and personal insolvencies will soar this year and next, a leading bankruptcy firm has warned
Tills ring out a festive tune in London  [01/17/2006 11:50 AM]
London's retailers enjoyed their best Christmas for at least three years and performed better than their peers in the rest of the country
Britain to be 'sick old man of Europe'  [01/17/2006 11:50 AM]
Britain is in danger of inheriting the title of the 'sick old man of Europe', as UK taxes overtake Germany for the first time in a generation
Tesco to sell Premium Bonds  [01/17/2006 11:50 AM]
Shoppers will be able to stock up on Premium Bonds while picking up their weekly groceries at 500 Tesco stores from March
A to Z of the Sunday newspapers  [01/17/2006 11:50 AM]
Every weekend we bring you our round-up of the top business stories in the Sunday newspapers
NTL raises bid for Virgin Mobile  [01/17/2006 11:50 AM]
NTL and Virgin Mobile are in talks this weekend about a revised offer from the cable company worth 360p a share
Post Office 'at risk of going bust'  [01/17/2006 11:50 AM]
Royal Mail is in danger of going bust because the Treasury is reluctant to throw it a £2bn which would help plug its growing pensions deficit
Online sales boom boosts Sainsbury's  [01/17/2006 11:50 AM]
Sainsbury's is to relaunch its online grocery service to capitalise on a 45% rise in internet sales during the last quarter of 2005
Branson acts whiter than white  [01/17/2006 11:50 AM]
The Daily Mail City Editor analyses why Richard Branson might be prepared to personally top up the NTL's bid for Virgin Mobile
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