News tagged with “billion pounds”. Found:
97 tagged news reports.
Your Search Returned 97 tagged news reports
Mittal loses, still richest
London :: United Kingdom | 7 months ago
Credibility
Britain's billionaires shrank from 75 to 43 in 2008 as the effects of the global downturn hit home, but Lakshmi Mittal, 58, the steel tycoon from Kolkata, stayed on top of the wealth list despite his fortune plunging 61 per cent from 27.7 billion pounds...
Tags: billion pounds
Beckham richest UK athlete
London :: United Kingdom | 7 months ago
Credibility David Beckham has been confirmed as Britain's richest athlete by the annual Rich List set to be published by The Sunday Times newspaper this weekend. The 34-year-old former England captain has amassed a fortune estimated at 125 million pounds ($NZ332.6...
Tags: rich list, Lakshmi Mittal, billion pounds, David Beckham, times rich
GlaxoSmithKline profits fall
London :: United Kingdom | 7 months ago
Credibility Net income declined to £1.13 billion, from £1.31 billion, London-based Glaxo said in a statement. Earnings excluding some items gained to 26.3 pence per share, from 25.6 pence. Five products that generated £586 million in first- quarter 2008 sales in...
Tags: GlaxoSmithKline, U.S, billion pounds, net profits, quarter profits, GSK, generations competition, gross margins
Tesco profit beats forecasts
London :: United Kingdom | 7 months ago
Credibility The supermarket group, which employs 440,000 people in about 4,000 stores across 14 countries, also said on Tuesday it had made a good start to its 2009-10 year during which it planned to add 26,000 jobs and over 8 million square feet of new space. Tesco's...
Tesco to roll out record sales
London :: United Kingdom | 7 months ago
Credibility But the total global sales figure is set to be just one in a list of headline-grabbing numbers. Pre-tax profits are widely expected to come in at a record £3bn and turnover is set to rise to £53bn, from £52bn last year. So with many companies bemoaning...
Tags: Tesco, U.S. Fresh & Easy, tax profits, billion pounds
London Markets: Supermarket group Tesco higher in flattish London
London :: United Kingdom | 7 months ago
Credibility The British supermarket giant is expected to update investors on its fiscal-year results on Tuesday. Analysts at Bernstein are expecting the firm to report adjusted pretax profit of 3.1 billion pounds, with consensus at 3.0 billion pounds. They expect...
Tags: billion pounds, Tesco Plc, earlier gains, reversing earlier, Citigroup, Hammerson Plc
Barclays to Announce iShares Deal
London :: United Kingdom | 8 months ago
Credibility United Kingdom bank Barclays PLC is expected to announce as soon as Thursday that it has reached an agreement to sell iShares, its prized exchange-traded funds business, to European private-equity firm CVC Capital Partners, people familiar with the matter...
Tags: Barclays' Equity Tier, Barclays PLC, Barclays Plc, CVC Capital Partners Group, billion pounds, sell ishares, barclays sell, net gain, privately equity, asset management
Legal & General slashes dividend
London :: United Kingdom | 8 months ago
Credibility The life insurer slashed the payout to 2.05p a share after doubling the reserves set aside to cover defaults on its holdings of corporate bonds. The decision to cut the dividend for the first time in living memory "was not a decision taken lightly by...
Tags: million pounds, billion pounds, halving dividend, life insurance
Insurance giant in profit slump
London :: United Kingdom | 8 months ago
Credibility Lloyd's saw pre-tax profits slide 50.6% to £1.89bn ($2.7bn) for the year, from £3.84bn for 2007. The market has been hit by "significant claims from natural catastrophes, lower insurance rates and a reduction in investment income", said the firm. Lloyd's...
Tags: Lloyd's of London 2008, Lloyds, profits halved, billion pounds, investment returns, pretax profits, insurers market, financial market
Alistair Darling attacked as borrowing hits £75bn
London :: United Kingdom | 8 months ago
Credibility The Chancellor has been accused of losing control of the public finances as borrowing for the financial year soared to £75 billion, the highest since records began, after a dramatic collapse in tax revenues. Alistair Darling now faces drastic revisions...
Tags: Britain, Alistair Darling, public sector, records began, budgeted deficit, billion pounds, borrowing soared, Office for National Statistics, Treasury Select Committee, net borrowing
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