United Kingdom
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Thursday, 28 August 2008
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| View All Articles About 'Loss' |
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| 1. |
Merrill may avoid UK tax after $29 bln loss
Merrill Lynch is unlikely to pay corporation tax in the UK for several decades after it charged $29 billion (15.5 billion pounds) of losses to its London-based subsidiary, the Financial Times said Thursday citing a company filing.
15 Aug 2008 |
| 2. |
HBOS may cut 425 jobs
HBOS is to cut 425 jobs and shut down one of its five mortgage brands to new business in a cost-saving exercise, the Financial Times reported on Thursday.
14 Aug 2008 |
| 3. |
Top bosses feel chill of credit crunch
Over a third of leading businessmen expect their companies to suffer redundancies due to the economic downturn, according to a survey released on Monday.
11 Aug 2008 |
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Northern Rock reports 585 million pound loss
Government-owned bank Northern Rock said it made a 585 million pound loss in the first half of this year as bad debts on home loans more than doubled and it was hit by restructuring and other costs.
05 Aug 2008 |
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Citigroup loss is smaller than expected
Citigroup posted a smaller-than-expected quarterly loss, despite $11.7 billion (5.9 billion pounds) of write-downs and credit losses tied to deteriorating capital markets and a slumping economy.
18 Jul 2008 |
| 7. |
St Modwen makes £20m loss
St. Modwen Properties Plc said on Monday it made a loss of £20 million in the six months to 31 May. In the same period last year the property firm said that it made a profit of £65.1 million.
14 Jul 2008 |
| 8. |
Persimmon confirms 1,100 job losses, says no land writedowns
Housebuilder Persimmon said on Tuesday that the first six months of the year had been "the most challenging" in its recent history. The company said that the mortgage market had continued to decline since its last trading update on 24 April and that as a result its half year results reflected the "more difficult market".
08 Jul 2008 |
| 9. |
Persimmon to cut 1,000 jobs
Persimmon is to announce job cuts of around 1,000 staff on Tuesday, according to a newspaper story.
07 Jul 2008 |
| 10. |
Tax credit to save UBS from another hefty loss
Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed boost to its share price.
04 Jul 2008 |
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