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Strugging with a slowdown
Series: A sector-by-sector look at the UK corporate landscape and how it is coping with the economic slowdown
Business Life videos Principal content
Rio Tinto alert sparks sell-off
A slowdown in Chinese demand has forced Rio Tinto to revise its expansion plans, the miner’s chief executive warned in a move that triggered a sharp global sell-off in sector stocks
Boards braced for battle over pay packages
After years of investors’ complaints that UK companies were throwing too much cash and stock at top staff, boards of directors are bracing for a new battle: how to handle bonus plans that do not pay out
Helical poised to make a killing
The commercial property market is set to endure another two years of pressure, according to Mike Slade, chief executive of Helical Bar
Carphone upbeat over ambitious new venture
The UK’s largest mobile phone seller and Best Buy have set challenging targets, according to chief executive Charles Dunstone
EU backs emergency accounting changes
Accounting rules blamed by some banks for exacerbating the financial turmoil were eased in the EU, bringing its 27 countries in line with changes agreed by international accounting rulemakers
Plight worsens for commercial property sector
Hundreds of millions of pounds have been pulled from commercial property investments and developments in the UK in the past few weeks, exacerbating already accelerating losses in real estate values across the country
Pearson sees year near top of range
The education publisher and owner of the Financial Times reassured investors that group profits would be at the top end of forecasts this year despite toughening trading conditions
York in SkyEurope rescue bid
York Capital Management, the US private equity fund, has offered to rescue SkyEurope, the struggling central European low-cost airline, which has been brought close to collapse by several years of heavy losses
US funds urge Bank of England to free assets
A group of the largest US hedge funds called on the Bank of England to intervene to free up assets frozen in London in the collapse of Lehman Brothers, warning that delays “could be disastrous for UK plc”
Outlook upbeat for Autonomy
The chief executive predicted business for the search software company would remain strong for the rest of the year in spite of the economic slowdown
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