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FTSE 100 rallies to close higher

Insurance stocks led a rally on the FTSE 100 to close 1.85 per cent higher.

FTSE 100 rallies to close higher

Insurance stocks led a rally on the FTSE 100 to close 1.85 per cent higher.

Yahoo co-founder Yang quits as chief executive

Yahoo co-founder Jerry Yang has stepped down as chief executive from the internet firm.

Wolseley axes 2,300 jobs

Plumbing and heating products firm Wolseley is cutting over 2,300 jobs as profit falls amid the housing slump.

Fears over machinery firm

The future of a Shropshire farm machinery business could be in jeopardy after the company went into administration.

Tories break from Labour’s spending plans

David Cameron says a Conservative government would not match Labour’s increases in public spending, in a major policy shift.

Barclays board up for re-election

The board of Barclays has announced a ‘put up or shut up’ plan to quell a shareholder rebellion.

B&B chiefs like ‘Financial Michael Fish’

Today the heads of nationalised bank Bradford & Bingley (B&B) were accused of acting like a financial Michael Fish and admissions they knew the writing was on the fall when the BBC reported a possible rescue.

Unlimited fines for employers exploiting workers

Employers underpaying their staff face unlimited fines as part of a crackdown on those exploiting workers under the government’s Employment Act which comes into action in April 2009.