Saturday, 10th May 2008

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Fairtrade now recognised by 70% of population

Fairtrade now recognised by 70% of population

The Fairtrade mark is now recognised by 70 per cent of the population, a huge leap from last year according to a survey.

Rise of the £1 million property

Rise of the £1 million property

The sale of properties valued at more than £1 million in the UK is continuing to flourish despite the credit crunch, Halifax claims.

Royal Mail profits dive on price controls

Royal Mail profits dive on price controls

Royal Mail has revealed the extent of its financial crisis as its regulated postal service made a £200 million loss last year, dragging profits down 30.4 per cent.

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£14m Network Rail fine confirmed

The rail regulator has rejected Network Rail’s proposal to spend £14 million on improvements and will fine the company instead, after an engineering overrun caused travel chaos in January.

House prices ‘dip slightly’ in April

The average house price in England and Wales fell by 0.2 per cent in April, the Financial Times has claimed.

BA to start T5 long-haul flights

British Airways will begin moving its long-haul flight operations to Heathrow’s Terminal Five on June 5th.

Aga sees fall in cooker sales

Upmarket oven firm Aga Foodservice today said it was in a strong financial position despite a drop in sales.

Petrol station closes down

Fuel prices and supermarket competition are being blamed for the closure of a Telford petrol station. Family-run Trench Lock Garage was closed this week with the loss of five jobs.

Region ‘a haven’ for entrepreneurs

The West Midlands is transforming into a high-power haven for entrepreneurs - and Shropshire may be home to a growing number of them, a new study today reveals.

Insurer AIG posts loss on $15m write-down

Insurer AIG said a $15 million (£7.67 million) write-down in its first quarter was “beyond its expectations”.

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