United Kingdom | Wednesday, 3 December 2008

Lower Articles

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1. Big cuts in rates needed-BoE's Blanchflower
Two million Britons may be out of work by Christmas and big cuts in interest rates are needed now to stop the economy heading into a deep and prolonged slump, Bank of England policymaker David Blanchflower told Reuters.
29 Aug 2008
2. Supermarkets start fuel price war
Three major supermarkets began a petrol price war on Tuesday, cutting fuel prices by up to five pence a litre and offering some relief for hard-pressed motorists.
22 Jul 2008
3. BoE policy maker sees recession
The economy is heading into recession and interest rates should fall to "well below" their current 5 percent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.
21 Jul 2008
4. Lower temps fail to protect young injured brains
Chilling the body to well below its normal temperature does little to protect children from further damage after an accidental brain injury, and may even make things worse, researchers reported on Wednesday.
05 Jun 2008
5. Flowers pulls out of Friends bid
Private equity firm J.C. Flowers has pulled out from its attempted takeover of British insurer, Friends Provident. Flowers indicated earlier in the week that it would be withdrawing its £3.5 billion offer if Friends still refused to initiate talks for a possible deal.
18 Apr 2008
6. Friends still refuse to contemplate current Flowers deal
Friends Provident has reacted to J.C. Flowers latest statement that it will walk away from its current 150 pence per share bid if Friends Provident does not initiate talks before the end of the week.
14 Apr 2008
7. Flowers will not raise bid for Friends
J.C. Flowers has said it will not raise its bid of £3.5 for insurer Friends Provident and is prepared to abandon a takeover deal if Friends Provident do not begin talks by the end of the week.
14 Apr 2008
8. J.C. Flowers shows plan to buy Friends Provident
J.C. Flowers has given details of how it plans to pay for its £3.5 billion bid for British insurer Friends Provident, but has stopped short of raising its offer.
07 Apr 2008
9. J.C. Flowers given Friends Provident takeover deadline
The UK Takeover Panel has told US company J.C. Flowers that it has to give a firm offer for insurer Friends Provident by 5 p.m. on 30 April or say that it has no intention of making an offer.
31 Mar 2008
10. Friends rejects JC Flowers offer
Insurer Friends Provident rejected a 3.5 billion pound cash takeover proposal from U.S. private equity firm JC Flowers because it significantly undervalues the company, Friends said on Monday.
25 Mar 2008
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