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  • Revealed: The 50 Streets With Slowest Broadband

    A street in Essex has been named as having the slowest broadband in Britain - 30 times slower than the UK average speed. Wheatley Road in Corringham is in joint-last place with Erw Fawr, in Henryd, North ...

  • Eurotunnel On Track Amid Freight Truck Boost Sky News - 1 hour 40 minutes ago
    Eurotunnel On Track Amid Freight Truck Boost

    Channel Tunnel operator Eurotunnel (Paris: FR0010533075 - news) has kept its revenue rise on track, driven by a rise in shuttle train usage by trucks. Eurotunnel Group said income for the first quarter topped €260m (£220m), up 8% on the same period last year. It said the increase included a 5% rise in revenue from shuttle …

  • AstraZeneca drugs group says profits halved, blames generics

    Signs outside pharmaceutical company AstraZeneca are pictured in Macclesfield, in northwest England, on November 20, 2008

  • Labour Looks At Breaking Ties With Co-Op Bank Sky News - 1 hour 59 minutes ago
    Labour Looks At Breaking Ties With Co-Op Bank

    Labour is considering breaking its historic links with the struggling Co-op bank. The party has confirmed it is "reviewing its financial arrangements", insisting it is for commercial reasons. It is reported Labour is looking to move loans worth more than £1m to the trade union-owned Unity Trust Bank, in which the Co-op …

  • F1 Boss Ecclestone In Court On Bribery Charges Sky News - 2 hours 2 minutes ago
    F1 Boss Ecclestone In Court On Bribery Charges

    Formula One chief executive Bernie Ecclestone is in court in Munich at the start of his trial on charges of bribery. The trial could threaten his control of F1 and, if proven, could see him jailed for ...

  • Travis Perkins Sales Up As Housing Market Warms Sky News - 2 hours 21 minutes ago
    Travis Perkins Sales Up As Housing Market Warms

    Building supply firm Travis Perkins (LSE: TPK.L - news) has seen its first quarter like-for-like sales rise by 12.7%, after weaker trading in the same period last year. The Office for National Statistics said construction output fell to £5.8bn in February, down 2.8% from January. Chief executive John Carter said: "All …

  • Gym Fees 'Could Stop Mortgage Approvals' Sky News - 2 hours 24 minutes ago
    Gym Fees 'Could Stop Mortgage Approvals'

    Homebuyers could find themselves turned down for a mortgage because of their gym memberships, phone bills and pension payments, under new rules introduced this weekend, experts have warned. Mortgage advisers said new restrictions introduced under the Mortgage Market Review (MMR) would drastically increase the intrusiveness …

  • Facebook Profits Triple As Apple Sales Jump Sky News - 2 hours 28 minutes ago
    Facebook Profits Triple As Apple Sales Jump

    A surge in advertising sales helped Facebook (NasdaqGS: FB - news) triple its profits in the first three months of 2014, the social networking site has revealed. The company posted a Q1 profit of $642m (£380m) on the back of a 72% surge in revenues, driven by mobile advertising. Facebook chief executive Mark Zuckerberg …

  • Alstrom in the dark over potential GE bid City A.M. - 2 hours 45 minutes ago
    Alstrom in the dark over potential GE bid

    US engineering giant General Electric (GE) has entered talks to buy French company Alstrom for roughly $13bn, according to reports from Bloomberg.Should the deal go ahead it would be the most substantial ...

  • F1 Boss Ecclestone To Face Bribery Charges Sky News - 2 hours 45 minutes ago
    F1 Boss Ecclestone In Court On Bribery Charges

    Formula One chief executive Bernie Ecclestone has arrived in court in Munich at the start of his trial on charges of bribery. The trial could threaten his control of F1 and, if proven, could see him jailed for up to 10 years. Ecclestone, 83, is accused of paying a $44m (£26m) bribe to a German banker to  facilitate the …

  • Builder Supply Firm Travis Perkins Sales Boom Sky News - 2 hours 56 minutes ago
    Travis Perkins Sales Up As Housing Market Warms

    Building supply firm Travis Perkins (LSE: TPK.L - news) has seen its first quarter like-for-like sales rise by 12.7%, after weaker trading in the same period last year. The Office for National Statistics said construction output fell to £5.8bn in February, down 2.8% from January. Chief executive John Carter said: "All …

  • Former Pru chief Prettejohn appointed Scottish Widows chair

    Lloyds Banking Group has confirmed the appointment of Nick Prettejohn, former chief executive of Lloyd’s of London and Prudential UK and Europe, as chairman of Scottish Widows Group.Prettejohn, who’s also ...

  • What you need to know before the open

    A higher open’s expected for European markets this morning, following the strong results from Apple and Facebook and despite yesterday’s negative finish.Germany’s latest IFO business survey is expected ...

  • Decline in emerging markets slows Unilever sales growth

    Consumer goods giant Unilever has reported underlying sales growth of 3.6 per cent, with emerging markets rising by 6.6 per cent for the first quarter of 2014.However, market growth continued to decline ...

  • Facebook’s plan for its mobile apps: grow userbase now, make money later

    In a conference call, Facebook’s CEO Mark Zuckerberg said it would be a “few years” before Instagram would become an important business for the company.

  • Asian markets slide after US housing slowdown

    Asian markets are in retreat after the US posted worse than expected home sales and Japanese prime minister Shinzo Abe confirmed that a trade deal with the US had not yet been agreed.It was hoped that ...

  • Retailers 'failing victims' a year after Bangladesh disaster

    Garment workers and activists carry a mock coffin during a protest in front of the Bangladesh Garment Manufactures and Exporters Association (BGMEA) office in Dhaka on April 23, 2014

  • Lincoln, Cadillac chase Audi in China luxury market

    A model poses by a Cadillac CTS car at the "Auto China 2014" Beijing International Automotive Exhibition in Beijing on April 21, 2014

  • Rana Plaza one year on: brands and buyers make few changes

    Finished garments are seen after they were retrieved from the rubble following the collapse of the Rana Plaza industrial building in Savar, on the outskirts of Dhaka, on May 4, 2013

  • Venezuela's Maduro promises importers overdue hard currency

    Member of the national police clash with demonstrators during a protest against the government of Venezuelan President Nicolas Maduro in Caracas on April 20, 2014

  • General Electric in talks to buy Alstom

    US industrial giant General Electric is in discussions to take over France's Alstom in a deal which could cost more than $13 billion, Bloomberg reported

  • Facebook and Apple defy the tech critics

    TECHNOLOGY giants Facebook and Apple silenced talk of a tech bubble last night as they trumped all expectations, both delivering record earnings for the first quarter of 2014.Facebook’s booming mobile ...

  • Shale gas revolution set to provide over a third of the UK’s energy needs

    OVER one third of the UK’s energy will come from shale gas in the next decade, with 4,000 wells set to be drilled across the country by 2032, a new report claims today. An astonishing 20m homes could be ...

  • UK deficit comes down as tax revenues creep higher

    THE UK’S public deficit in 2013-14 dropped further than expected at the start of the fiscal year, according to yesterday’s official figures, but the improvement is being driven by increased tax revenues.The ...

  • Professional services jobs boom in London

    THE FINANCIAL services sector could lose its title as the dominant player in London, as a new study predicts a boom in professional services over the next decade.An extra 28,000 workers could be employed ...

  • Retail investors drive Saga float towards £3bn

    INSURER Saga is set to put retail investors at the heart of the largest UK stock market float since Royal Mail, as it gears up to publish plans to list the firm in London as early as next week. Saga’s ...

  • Barclays braced for battle as investors protest pay report

    A LARGE minority of shareholders are set to vote against Barclays’ remuneration report at today’s AGM – but a resounding majority are expected to back its future pay plans. Just 65 per cent of investors ...

  • Primark set to launch its first stores in the US

    ASSOCIATED British Foods (ABF) is taking Primark to the US, the FTSE 100 conglomerate announced yesterday, as it reported a 26 per cent leap in the budget clothing chain’s profits.Primark is set to open ...

  • Portugal issues a 10-year bond as bailout years come to an end

    THE PORTUGUESE government issued a 10-year bond yesterday, the first in nearly three years, since the country’s major bailout by international creditors in 2011. There was strong demand for the issue, ...

  • Eurozone deficits shrinking but public debt continues to mount

    PUBLIC deficits in the Eurozone fell to three per cent of GDP in 2013, hitting the level that individual member states must aim for under the bloc’s rules.Official figures released yesterday show that ...

  • Actor Damian Lewis back in his Homeland

    HOMELAND fans passing the Guildhall yesterday were in for a treat – actor Damian Lewis had stopped by to read a handful of Shakespeare’s sonnets in celebration of the bard’s 450th birthday. The actor revealed ...

  • Luke Johnson’s chain Patisserie Valerie to float

    ENTREPRENEUR Luke Johnson is making a return to the public markets for the first time in over 20 years with the £170m flotation of his cafe chain Patisserie Holdings.The group, which runs five brands including ...

  • Sports Direct criticises investors for rejecting Mike Ashley bonus

    SPORTS Direct yesterday hit out at shareholders for failing to back a bonus share scheme that would have awarded its founder Mike Ashley a £70m windfall, as it posted a rise in fourth quarter sales.The ...

  • Drax plummets as government pulls subsidies

    DRAX Group made the biggest losses on the FTSE 250 yesterday, after launching legal proceedings against the government’s decision to exclude one of its units from a new green support framework. Britain’s ...

  • Easing inflation keeps Carney in a dovish mood

    INFLATION expectations in the UK have dropped to their lowest level since late 2009, as the Bank of England continues to unanimously support historically-low interest rates in the face of weak price pressures.The ...

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