BA Promisea More Flights as Crew Start Half-term Walkout

May 31, 2010 by admin · Leave a Comment
Filed under: Business News 

After a five-day strike that ended only on Friday and seven days of action in March, British Airways cabin crew began their latest five-day walkout.
BA expressed confidence that its contigency plans would mean fewer passengers’ travel plans would be disrupted than during previous strikes and claimed that more cabin crew were reporting for duty.

Charges Ruin C&W’s Results

May 29, 2010 by admin · Leave a Comment
Filed under: Business News 

Cable & Wireless Worldwide has reported losses of £94 million in its first set of results ever since splitting from its reginal telecoms operation.
The figure for the year to March 31 was caused by £210 million of exeptional charges, including £143 million relating to its defined benefit pension scheme deficit.

Mortgage Figure Hits a Nine Year Low

May 27, 2010 by admin · Leave a Comment
Filed under: Property market 

Figures indicated that the mortgage lending rose at its slowest rate for nine years last month as housing market activity remained subdued. The British Bankers’ Association said that net lending, which strips out redemption and repayments, was £1.83 billion for April, the lowest increase ever since February 2001.
Economists speculated that the figure may signal the housing market recovery has run out of steam.

Text Ads or Advertising Banners?

May 26, 2010 by admin · Leave a Comment
Filed under: Featured 

Recently, there is a lot of debate concerning the topic of which form of online marketing is better, text ads or advertising banners. In reality, different kinds of marketing approach has their own advantages and disadvantages. Depending on the nature of the business, the best marketing solution varies.
When deciding which form of online advertising approach to take, people have to assess their products or service as well as their own budget. Are you currently searching fo rthe best service that will best meet your needs? Here is a list comparing the pros and cons of both approaches, that might be helpful.
Text advertising refers to a way of online advertising in which a line of text is backed up by a hyperlink and when clicked on will take a potential customer directly to your web site. Generally speaking, text advertising works better for products that are more of a service like insurance, health care, financial advice, etc. This marketing approach could be great as they are generally lower in cost and they are simple for most web sites to accept. However, text advertisements are sometimes just too simple. For certain products, they are not able to give enough description to make a potential customer want to click on the text.
Banner ad advertising on the other hand refers to ads that are not in text. They can be placed at various points on a web page. These ads are good as they create branding through name and logo recognition. They add visuals to the content of the web page, which provide much more information about a product than just a line of text. But, banner ads are blatantly advertisements and many web surfers have already trained themselves to block out this form of advertising.

Fashion for Spending Gives Parada 21% Lift

May 25, 2010 by admin · Leave a Comment
Filed under: Business News 

Fashion house Parada proved today that spending is back in style. Like-for-like sales of the brand jumped by 21% in the first quarter of its financial year.
The company, which also owns the Miu Miu label and Church’s shoes, saw its total sales rise to €366 million between Febuary and the end of April. Hedline earnings shot up to €11 million a year earliwr.

Barclays to Spin Off Private Equity Unit‏

May 24, 2010 by admin · Leave a Comment
Filed under: Business News 

Barclays Private Equity is expected to be spun out of the bank this summer giving independence to its 45-strong management to raise between €1.5 billion to €2 billion for their next fund.
Barclays is likely to make only a modest amount out of any MBO but would be able to say it is concentrating on core businesses. The private equity arm has invested in some 350 businesses over 25 years.

Trade Deficit Grows to £7bn

May 16, 2010 by admin · Leave a Comment
Filed under: Economic Outlook 

According to figures from the Office for National Statistics, it is shown that UK’s trade gap widened to £7.5 billion in March as exports failed to lead the economic recovery. Imports surged by £1.4 billion over the month compared to £200 millioin rise in exports.
Capital Economics analyst said that the exporters still seem to be using the lower pound to boost their margins.

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