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Property fund assets in new free-fall
30 Dec 2007 source: thisismoney.co.uk

Richard Dyson, Mail on Sunday30 December 2007 Chat | Vote | Guide Embattled fund manager New Star will slip more gloomy news into the market tomorrow as it reveals that the assets of its flagship £2bn UK Commercial Property fund have been devalued - again. WANT TO KNOW MORE? New Star slashes UK property fund value The best and worst funds of 2007 What next for commercial propert ...


Bookies back down in the Turf TV war
30 Dec 2007 source: thisismoney.co.uk

Helia Ebrahimi, Mail on Sunday30 December 2007, 2:25pm Chat | Guide | Calculate Ladbrokes has become the second major bookmaker to sign an 11th-hour deal with Turf TV, the controversial new betting shop racing service. WANT TO KNOW MORE? Punters' poor run eases pain for Ladbrokes Weather puts damper on Ladbrokes MARKET DATA: Ladbrokes share price data OTHER STORIES Bonus bonanza ...


EDF leads race for £8bn N-plants
30 Dec 2007 source: thisismoney.co.uk

Tom McGhie, Mail on Sunday30 December 2007, 1:41pm Chat | Vote | Guide | Calculate French power giant EDF looks favourite to build the first of a new generation of nuclear power stations in the UK after agreeing a partnership with Britain's Amec group. WANT TO KNOW MORE? EDF pledge to bankroll £10bn nuclear project MARKET DATA: Amec share price POLL: Do you think nuclear power i ...


Centrica set to drive up energy bills
30 Dec 2007 source: thisismoney.co.uk

Tom McGhie, Mail on Sunday30 December 2007, 2:09pm Chat | Vote | Guide | Calculate Energy bills are expected to soar by 10% in the New Year as the price of gas on the wholesale market continues to rise - despite an apparent glut. WANT TO KNOW MORE? Centrica to top £2bn after rush back to British Gas British Gas cuts 'unlikely' as profit soars Gas bills could rocket by 15% POLL:  ...


Vultures eye up retail casualties
30 Dec 2007 source: thisismoney.co.uk

Neil Craven, Mail on Sunday30 December 2007, 1:50pm Chat | Vote | Guide | Calculate Predators in the retail sector are already circling in their hunt for easy pickings among the many floundering High Street names haunted by predictions that consumers will be forced to tighten their belts in the New Year. WANT TO KNOW MORE? Last-minute frenzy saves high street Tough time for High Stre ...


Merrill Lynch seeking new capital from Chinese and Mideast investors - report ...
30 Dec 2007 source: iii.co.uk

LONDON (Thomson Financial) - The new chief executive of Merrill Lynch & Co Inc is in talks with Chinese and Middle Eastern investors this weekend that could lead to a capital-raising sale of another big stake in the US investment bank, the Observer reported. John Thain is taking calls from a number of potential buyers, understood to include sovereign wealth funds from the Gulf and China, in a ...


Baidu.com says CFO killed in China accident
30 Dec 2007 source: iii.co.uk

BEIJING (Thomson Financial) - China's main internet search engine Baidu.com said its chief financial officer Shawn Wang, who helped it list on the Nasdaq stock market, has died while on holiday in China. Wang, a key figure in Baidu's successful 2005 listing on the Nasdaq, died on Dec 27, the company said in an announcement seen on its website Sunday. No other details of his death were given, and ...


Bonus bonanza at John Lewis
30 Dec 2007 source: thisismoney.co.uk

Neil Craven, Mail on Sunday30 December 2007, 10:23am Chat | Vote | Guide | Calculate Record bonuses averaging more than £2,200-a-head are expected for staff at John Lewis following a bumper Christmas that the retailer has declared its best ever. Bumper profits: despite a glum year for the High Street, shoppers have been flocking to John Lewis WANT TO KNOW MORE? Christmas worries hit John Lewis John Lewis thrives in the gloomy weather City focus: John Lewis partne ...


Pakistan election delay likely
30 Dec 2007 source: today.reuters.co.uk

By Kamran Haider ISLAMABAD (Reuters) - Benazir Bhutto's party was meeting to discuss a successor to the slain Pakistani opposition leader on Sunday, as a senior official of the former ruling party said an election due in little over a week was likely to be delayed. Bhutto's assassination in a suicide attack on Thursday has stoked violence and thrown into doubt the January 8 election, deepening the ...


Charity boss reaps profits from debt misery
30 Dec 2007 source: thisismoney.co.uk

Alan O'Sullivan, Mail on Sunday30 December 2007 Chat | Vote | Guide | Calculate Debt advice is big business. And with record numbers of bargain-hunters queueing for the sales from dawn with credit cards primed, the industry is likely to become even bigger in the year ahead. Top man: Malcolm Hurlston of the CCCS is also founder of a firm used by the charity WANT TO KNOW MORE? 10m Britons falling into black hole of debt Average Briton is £33,000 in debt Tips for bea ...


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