Romney Win 'Could Boost Dow By 500 Points'

The Dow Jones industrial index might be boosted by up to 500 points if Republican presidential hopeful Mitt Romney wins the election, it has been claimed. The Centre for Economic Business Research (CEBR) said the bounce could occur before Mr Romney,...

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Sickness Benefit Crackdown In £25m Trial

Sickness benefit will be stripped from claimants who refuse to get treatment for their problems under a crackdown to be tested in a £25 million Government trial. Ministers want to extend the concept of "conditionality" used to force the jobless to seek...

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UK Economy: 1,500 New Jobs Delivered By DPD

The growth of online retail has prompted another major delivery company to confirm a big investment, which will create 1,500 new UK jobs. DPD is to spend £175m over the next few years - with the bulk of the money going on a new parcel sorting hub in...

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BRC: Retail Sales 'Fall' Before Christmas Rush

Retail sales have grown at their slowest pace for almost a year as shoppers stick to buying only essential items, according to new research. Like-for-like sales were down 0.1% in October, compared with the same period last year, a study by the British...

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Greece: General Strike Before Austerity Vote

Tens of thousands of protesters have taken to the streets of Athens as a two-day general strike begins ahead of a tight Parliamentary vote on a new round of austerity measures. The 13.5bn euro (£10.8bn) package of proposed cuts and tax increases includes...

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SMMT: New Car Registrations Up 12% In October

Sales of new cars have risen strongly in October compared with the same month last year despite weak European demand, industry figures have revealed. The number of new car registrations shot up by over 12% to 151,252 vehicles, according to the Society...

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Shake-Up At Tesco As Price Isn't Right

By Mark Kleinman, City Editor The overhaul of Tesco's top management is to continue with the departure of the executive in charge of its British non-food business after just 18 months in the job. I have learned that Terry Price, commercial director...

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M&S 'Taking Action' As Profits Take A Tumble

Marks and Spencer has reported a fall in underlying pre-tax profit to £297m for the first half of this year and pledged further moves to drive sales. The chain, which is 18 months into a three year transformation plan, blamed pressure on consumers'...

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Halo Launched With UFO Over London

Hundreds of people stared into the skies of above London as a glowing disc appeared above Tower Bridge to mark the launch of the latest instalment of the Halo computer game franchise. The Halo logo was suspended from a helicopter and flown over the...

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Prudential Fined For Customer Data Mix-Up

Prudential has been fined £50,000 for mixing up two customers with the same name and date of birth. The insurance company accidentally merged the account details, leading to tens of thousands of pounds - meant for an individual's retirement fund - ending...

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