Cadbury reject takeover

September 24th, 2009

One of the world’s most famous and loved chocolate producers Cadbury, has recently had a bid from Kraft believed to be in the region of 10.2bn. Cadbury is one of the largest chocolate producers, owning stock such as trident chewing gum, halls lozenges and bassets. Cadbury has a strong British heritage, compared to the US [...]

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Wispa bar relaunched!

September 23rd, 2009

The Cadbury bubbly chocolate bar, discontinued in 2003, successfully relaunched in 2007 thanks to social networking website Facebook. A campaign was launched by users contending with the discontinuation with the much sought after chocolate bar. The Wispa bar is a direct contender to Nestlé’s aero. Upon its relaunch, it was sold for a limited time [...]

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Unemployment in US highest since 1983

September 22nd, 2009

Twenty-six years on since 1983 and now the US has achieved its highest rate of unemployment. The unemployment rate is believed to be around 9.7% although lay-off’s are supposedly easing since the beginning of the year. Ever since the recession started in 2007, the US has got rid of a total of 6.9m jobs. Worse [...]

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Network rail to axe jobs

September 21st, 2009

With the current recession believed to be almost over, Network Rail has decided to axe 1,800 jobs nationwide. The move is going ahead in an attempt to reduce costs, however, this will only add to the already growing and large amount of unemployment. The rail company has insisted that they would attempt to redeploy as [...]

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T-Mobile being bought out?

September 20th, 2009

One of the world’s leading phone networks is believed to be up for bids between two of its biggest rivals, O2 and Vodafone. Whichever phone company wins the battle will be the country’s biggest as they will obtain the 16.6 million companies affiliated with T-Mobile. T-Mobile is currently the fourth largest phone operator in the [...]

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Building societies in fear of new rules

September 19th, 2009

Building societies across the country are fearing for the new rule which involves new planned regulation. Financial service authority City watchdog plan to limit riskier types of lending by building societies. The BSA (Building Societies Association) says that the proposed plans would disadvantage the industry. The BSA has made a formal submission to the FSA [...]

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Economy to improve by 2010

September 18th, 2009

The most recent recession is now believed to have finished and a possible rebound is believed to happen in 2010. The economy is believed to rise by 1.1%, which is almost double what is was in June this year (0.6%). The problem with this though is sustaining the recovery. The Chambers of Commerce believe the [...]

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Manchester United

September 17th, 2009

Football clubs may traditionally be associated with sport but they are also businesses. Manchester United is a football club from the north of England and is one of the most famous worldwide. It used to be a PLC (Public Limited Company) but then the Glazers, an American tycoon family bought United though they are now [...]

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Are social networking sites the next big business?!

September 16th, 2009

The worldwide famous social networking website Facebook, one of the most famous networking site is a very useful tool for keeping in contact with people across the country, and the world. Clever and keen business men should take an interest in social networking websites as not only are they a common use in society, but [...]

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The Battle of the Bank charges.

September 1st, 2009

The ongoing battle with the consumer’s right to reclaim their bank charges could have come to it’s final hurdle before the matter is resolved for good.
7 high street banks and one building society have been taken to court by the Office of Fair Trading (OFT) and after the banks lost their appeal hearing against a [...]

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