Top Business News

Delight for Donington, sorrow for Silverstone as Grand Prix heads up M1

The British Grand Prix has been saved – but its new home is to be Donington Park from 2010 and not Silverstone. Formula One supremo Bernie Ecclestone today dropped his bombshell at the Northamptonshire circuit that will now stage its final race next year after being a permanent fixture since 1987. FULL REPORT & REGIONAL REACTION  more »


HBF blames mortgage cutbacks for Barratt job losses 04/07/2008

The squeeze on mortgages is to blame for job losses at Leicestershire’s Barratt Developments, says the Home Builders’ Federation. more »


Leicestershire's Minarik wins Miss England deal 04/07/2008

A team of hairdressers and make-up artists from Leicestershire have won the contract to work with the 50 finalists of Miss England 2008. more »


Emda offers £2.4m to raise tourism's game 04/07/2008

Notts tourism businesses could tap into millions of pounds in grants if they can come up with ideas that will boost the numbers of people visiting the area. more »


Derby rail station lounge to get wi-fi and new look 04/07/2008

A Passenger lounge at Derby railway station is to close from today and is to move to a different platform. more »

ACCA's Richard Aitken-Davies on start-ups. See Advice columnists

National Business News

CITY FORECAST: The week ahead
04/07/2008 16:49:30: Marks & Spencer’s annual meeting will be the highlight of the corporate week, but the bad news from the housing sector is set to continue with updates from Barratt Developments and Persimmon. more »

ANALYSIS: why retailers are feeling the pain
04/07/2008 12:13:39: Marks & Spencer’s shock sales decline this week hammered home the troubles facing retailers as shoppers slam on the spending brakes. more »

Origin gives BG a ripe Aussie response to takeover bid
04/07/2008 10:47:28: Australia’s Origin Energy today urged shareholders to reject BG Group's £6.7 billion hostile takeover. more »

Private equity firm takes over Nord Anglia Education
04/07/2008 10:43:53: Training firm Nord Anglia Education today said it had agreed a £190 million private equity takeover. more »

John Lewis sales down 8.3% last week
04/07/2008 09:44:13: Department store chain John Lewis today said its out-of-town stores suffered most in a sharp sales fall last week. more »

Swiss giant UBS says it will struggle to break even
04/07/2008 09:42:47: Swiss banking giant UBS today said it would at best break even in second-quarter results as financial turmoil continues to rock the firm. more »

B&B shareholders salvage cash call after Texas Pacific walks
04/07/2008 09:40:14: Bradford & Bingley’s major shareholders were today stepping in to salvage the lender’s £400 million funding plan after a US private equity firm walked away from the deal. more »

Fuel prices blamed for collapse of haulage firm Macfarlane Transport
03/07/2008 14:54:07: Administrators today blamed rising fuel prices for the collapse of a haulage firm which threatens to put 300 people out of work. more »

Mortgage 'drought' to worsen, says Bank of England
03/07/2008 13:54:53: The mortgage drought looks set to worsen during the coming months as banks further rein in their lending in the face of falling house prices, a report showed today.  more »

Fuel price means shoppers travel less, says M&S boss
03/07/2008 09:46:13: Shoppers are making shorter and less frequent journeys because of the high cost of fuel, according to the Marks & Spencer boss. more »