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McDonald's extends run of sales growth

Fast food giant McDonald’s today said it had seen its 17th straight quarter of sales growth in the UK, despite the impact of the World Cup on footfall.

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Lord Heseltine to chair regional growth fund panel

Former Conservative minister Lord Heseltine is to chair a panel which will consider how to spend a £1 billion fund aimed at boosting regional economies, it was announced today.

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BP puts assets up for sale to raise billions

BP put around 10% of its oil and gas assets up for sale today as the firm looks to raise 30 billion dollars (£19.4 billion) over the next 18 months.

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Interest rates remain at 0.5%

Bank of England rate-setters underlined their doubts over a strong recovery today as they maintained support for the economy at emergency levels.

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Rolls-Royce chief to step down

ENGINE giant Rolls-Royce announced today that chief executive Sir John Rose was standing down after more than 14 years at the helm.

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Bellway cautious as buyer confidence falters

HOUSEBUILDER Bellway today said it did not expect a pick-up in sales before next spring as buyer confidence has waned.

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Brit Insurance backs private equity takeover

ENGLAND cricket team sponsor Brit Insurance is set to be taken private after it backed a buy-out deal valuing the company at up to £888 million.

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Alliance Boots reveals higher sales

HIGH street giant Alliance Boots today said strong sales of make-up and anti-wrinkle creams helped it increase market share in its core health and beauty arm.

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