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News tagged with “billion pounds”. Found:
97 tagged news reports.

 

Your Search Returned 97 tagged news reports

 

FIIs up stakes in 11 Sensex firms

Mumbai :: India | about 1 month ago

Credibility Credibility of 5

Riding on positive global cues and a reviving Indian economy, foreign institutional investors (FIIs) have raised their holdings in Sensex companies during the second quarter of the current fiscal. A study on shareholding pattern of 26 Sensex companies...

Tags: Financial Express, Reserve Bank of India, billion pounds

BAA Announces Gatwick Airport Sell-Off

London :: United Kingdom | about 1 month ago

Credibility Credibility of 5

In March, the Competition Commission ruled that the company would have to sell the airport within two years. The Commission also ordered BAA to sell Stansted and either Glasgow or Edinburgh after it found competition problems at each of its seven UK airports.

Tags: BAA Ltd., London Gatwick, Gatwick Airport, Grupo Ferrovial SA, London Stansted, buy gatwick, Britain, sell london, billion pounds, Edinburgh

Public borrowing soars to new record

London :: United Kingdom | about 1 month ago

Credibility Credibility of 5

The Treasury expects borrowing to reach a record £175 billion for the year as a whole as the public finances buckle under the impact of recession. While September's borrowing is slightly lower than the £15.3 billion expected by the City, it is almost...

Tags: ons recorded, Elizabeth Judge Britain, billion pounds, government borrowing, Office for National Statistics, recorded began, Gordon, official data, public finances, data showed

DealBook: Barclays Said to Plan $6.3 Billion Spin-Off

London :: United Kingdom | about 1 month ago

Credibility Credibility of 5

October 12, 2009, 2:21 am Barclays is planning to spin off a 4 billion pound ($6.3 billion) portfolio of complex credit assets as it presses ahead with a process to clean up its balance sheet, The Financial Times said Monday.

Tags: billion pounds, Barclays, credit assets, balance sheet, The Financial Times, complex credit

Lloyds leads FTSE fallers on £25bn fundraising reports

London :: United Kingdom | about 1 month ago

Credibility Credibility of 5

Miners may be booming but banks are letting the side down at the moment, following reports that Lloyds Banking Group plans to raise up to £25bn to avoid the government's asset protection scheme...The suggestion is that Lloyds is considering a £15bn rights...

Tags: Lloyds Banking Group PLC, Lloyds Mulling, rights issue, Financial Times, lloyd banks, banks group, billion pounds, U.K

Tesco achieves small profit rise

London :: United Kingdom | about 1 month ago

Credibility Credibility of 5

Pre-tax profits came in at £1.42bn, which was up 1.5% on the same period last year...Tesco also announced it had created 6,500 jobs in the six month period. The firm said the results were "solid", and chief executive Terry Leahy said that the supermarket...

Tags: Reuters Tesco, Tesco Bank, profits rise, Terry Leahy, uk sales, billion pounds, half profits

Wolseley swings to an annual loss

London :: United Kingdom | 2 months ago

Credibility Credibility of 5

The company said that its pre-tax loss for the year to 31 July was £766m ($1.2bn), compared with a profit of £399m in the same period last year. The construction industry has been one of the hardest hit by the recession. "Market conditions will remain...

Tags: Wolseley Swings, Wolseley PLC, remain challenging, billion pounds, materials group, build materials, market conditions, tax loss, United Kingdom, London

Fewer claims help insurance giant

London :: United Kingdom | 2 months ago

Credibility Credibility of 5

Pre-tax profit for the six months to the end of June came in at £1.32bn, compared with £949m a year ago. Lloyd's said the results also reflected its "prudent and conservative approach" and strong investment returns. More catastrophe claims tend to be...

Tags: Lloyd's of London, Lloyd’s, catastrophes claims, pretax profits, insurers market, relatively low, low level, billion pounds, tax profits, United Kingdom, London

3i Group Investments Drop 75%, Debt Reduced

London :: United Kingdom | 2 months ago

Credibility Credibility of 5

U.K. private equity firm 3i Group said Thursday that it invested 155 million pounds ($254 million) in the five months to the end of August, a 75% decline from a year earlier...The group said it has strengthened its balance sheet by cutting net debt to...

Tags: million pounds, billion pounds, United Kingdom, London

MPC unanimous on rates decision

London :: United Kingdom | 2 months ago

Credibility Credibility of 5

They were also in agreement not to extend further the Bank's programme of pumping money into the economy. But members who in August called for a bigger injection of money than the £25bn decided, said the Bank may still need to extend the programme further.

Tags: Bank of England MPC, billion pounds, Monetary Policy Committee, meeting showed, quantitative easing, United Kingdom, London

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