United Kingdom | Wednesday, 3 December 2008

Market Articles

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51. Kier says housing market conditions poor
Construction firm Kier Plc said on Friday that market conditions had deteriorated since its last statement on 27 February, thanks to the effects of the credit crunch.
16 May 2008
52. Ofwat says water market needs more competition
Water regulator Ofwat has said that the water and sewage markets should be opened to competition, where it benefits consumers.
16 May 2008
53. Tesco makes South Korean acquisitions
Supermarket giant Tesco said on Wednesday that it acquired 36 Homever stores in South Korea from the E-Land Group for £958 million, including existing debt.
14 May 2008
54. Brown to reveal housing market plan
Prime Minister Gordon Brown will set out plans on Wednesday to shore up the creaking housing market as part of a drive to reverse a slide in support for his government.
14 May 2008
55. Paulson says markets emerging from crunch
U.S. Treasury Secretary Henry Paulson said U.S. financial markets are emerging from the credit crunch that many economists believe has pushed the country to the brink of recession, according to The Wall Street Journal.
07 May 2008
56. Poor mortgage market hurts Bovis' expectations
Bovis Homes said on Tuesday that conditions in the housing market had "deteriorated sharply" in recent times, and that as a result the company expected its results for the first half of 2008 to be significantly lower than previously expected.
06 May 2008
57. Abbey have over 15% mortgage market share
Abbey has taken 15.9 per cent of the mortgage market in the UK in the first quarter. According to Santander, the Spanish owner of Abbey, the company's net lending was £2.9 billion in the first quarter, up from £1.3 billion in the previous year.
29 Apr 2008
58. OFT raids supermarkets and suppliers
Sainsbury said on Sunday it had been visited by officials from the consumer affairs watchdog, after a report of a widespread inquiry into alleged price fixing by supermarket operators and suppliers.
28 Apr 2008
59. Housing market tough says Persimmon
Persimmon Plc has said that the last three weeks have seen a "further deterioration of the housing market" in the UK thanks to "the unprecedented tightening in the mortgage market".
24 Apr 2008
60. Frontier emerging markets outperforming BRICs
Heightened risk aversion has sent money fleeing to countries less integrated to the world economy, with under-developed "frontier" markets such as Peru and Jordan the improbable beneficiaries.
24 Apr 2008
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