United Kingdom
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Thursday, 28 August 2008
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| View All Articles About 'Losses' |
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| 1. |
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 |
| 2. |
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 |
| 3. |
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 |
| 4. |
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 |
| 5. |
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 |
| 7. |
Credit crunch looms over regional jobs
The threat to jobs from the global credit crunch will spread wider than the City of London financial district and could affect many regions across Britain, economists said on Wednesday.
25 Jun 2008 |
| 8. |
Aviva eyes up to 1,800 job cuts by 2010
Largest insurer Aviva said on Friday it could cut up to 1,800 jobs by the end of 2010 as part of an overhaul of its general insurance operations first announced late last year.
06 Jun 2008 |
| 9. |
Citigroup to cut 700 UK jobs
Citigroup said on Monday it could be cutting nearly a quarter of its jobs in its UK consumer business in order to focus on its Citi and Egg brands.
19 May 2008 |
| 10. |
UBS to cut 5,500 jobs
UBS will cut 5,500 jobs or almost 7 percent of its workforce as Europe's biggest subprime casualty reverses a rapid expansion into investment banking.
06 May 2008 |
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