Home Authors Alex Turner

Alex Turner

Subscribe to my RSS feed

Credit crunch woes slash bank’s profits

ALLIANCE & Leicester Commercial Bank’s performance provided a rare highlight for the group which yesterday said the credit crunch turmoil had almost completely wiped out profits in the first six months of the year. Read

Profits of £70.8m for Post publisher

DAILY POST publisher Trinity Mirror has announced pre-tax profits of £70.8m for the first six months. Read

Car dealership shuts with loss of 40 jobs

MERSEYSIDE car dealership Ryders Autoservice has gone into administration, with the loss of more than 40 jobs. Read

Unite support crisis-hit Cains

TRADE union Unite threw its support behind Liverpool brewer Cains last night as the company was kept waiting for another day for news from its bankers about its future. Read

Players protected from the day-to-day politics of a club

FANS are often concerned about off-field turmoil, believing it can have a detrimental effect on the players. Read

Cains bosses hope to hear from their bankers today

CAINS BEER Company could hear as early as today about its fate. Read

Brewery’s chief vows: we’ll survive hard times

Despite difficulties facing a Liverpool brewery, the owners remain confident. Alex Turner reports Read

Cains brewery: Credit lifeline verdict in next two days

THE fate of struggling Liverpool brewer Cains will be decided by its bankers within the next 48 hours. Read

Liverpool brewer looks to bank for survival lifeline

THE fate of struggling Liverpool brewer Cains will be decided by its bankers within the next 48 hours. Read

Landround reports disappointing figures as shares fall

LANDROUND’S shares took a battering yesterday after it said losses were expected to grow because of disappointing revenue figures. Read

Waterfirm setto meettargets

WARRINGTON-based United Utilities told shareholders at its annual general meeting yesterday that it is trading in line with forecasts and confident of meeting leakage targets. Read

Britain may avoid a recession: economist

A LEADING Liverpool economist believes that the UK will avoid a recession despite official figures published yesterday showing that the country’s economic growth has slumped to just 0.2%. Read

Canadian pension fund eyes money website

CANADIAN pension fund Ontario Teachers’ Pension Plan yesterday confirmed that it had made a “preliminary approach” for Deeside-based Money supermarket.com. Read

Soaring fuel bill strain for Easyjet

EASYJET, Liverpool’s second-biggest airline, showed the strain of rising costs yesterday after the company warned annual profits could be as much as 42% lower than last year. Read

Rathbones expands despite the gloom

THE credit crunch is having little effect on fund managers Rathbone Brothers, which continues to grow its Liverpool-based operation, despite gloomy economic conditions. Read

Price comparison site rejects takeover

MONEYSUPERMARKET.COM’S share price rose 50% yesterday after it announced it had rejected a takeover approach. Read

Charity snaps up new city centre HQ for £5m

GENTING Stanley has sold its Liverpool city centre headquarters for £5m to Liverpool Charity and Voluntary Services (LCVS). Read

Holiday firm hits sales targets

HOLIDAY firm Holiday- break is in a robust position to weather the credit crunch, the Cheshire-based com- pany said yesterday. Read

Funding threat to £1bn Omega business park

THE masterplan for the £1bn Omega business park last night faced being ripped up and redrawn, after the Northwest Development Agency refused to hand over another £7m of public money. Read

The world applauds company’s latest advertising campaign

SPEKE-BASED home shopping company Shop Direct’s £4m advertising campaign is being lauded after it was recognised as the second-best advert in the world by advertising experts. Read