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Companies and Markets

Waterford Wedgwood collapses under debts

tonyoreilly

Monday, January 05, 2009

Waterford Wedgwood, owner of some of the finest names ever to grace the world's dining tables, gave up the fight for survival today and called in the administrators.

Hundreds of jobs are under threat at the group's pottery factories in North Staffordshire and at its crystal...

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Row over Aer Lingus chief's 'failure bonus'

AerLingus

Monday, January 05, 2009

Aer Lingus has been challenged to explain a €2.8m (£2.6m) bonus reportedly granted to chief executive Dermot Mannion. According to claims...

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High Street gets a lift from upbeat Liberty

CarnabySt

Monday, January 05, 2009

Liberty, the iconic regent Street store, is defying the carnage in the retail sector and offering hope that the High Street could enjoy a...

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NAB gives pledge on UK banks - for now

Clydesdale_203x150

Monday, January 05, 2009

Australian lender National Australia Bank has given a qualified commitment to its UK operations, saying it will keep the Clydesdale and...

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FSA blitz on delayed profit warnings

Rentokil

Monday, January 05, 2009

Top companies are being probed by the Financial Services Authority and may face fines or prosecution for failing to disclose profits warnings...

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Firms will lose '£5bn on 300,000 lay-offs'

dole

Monday, January 05, 2009

Companies could be clobbered by redundancy costs approaching £5bn in the first three months of 2009, new figures show. It costs firms around...

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Executives face fury at bonuses

thomson_203x150

Monday, January 05, 2009

Troubled mutual Equitable Life has granted its chief executive a handsome bonus for seeing out another year at the helm. Charles Thomson...

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New chairman hired to rescue Ennstone

Monday, January 05, 2009

Quarrying group Ennstone is attempting to dig itself out of a hole in the new year by bringing in an insolvency accountant as its new executive...

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Bonus shock at Morgan after $2.2bn loss

MorganStanley

Wednesday, December 17, 2008

Morgan Stanley today dived into the red for just the second time in more than 20 years and pledged to take back bonus payments from staff if...

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US watchdog probes link with Madoff niece

cox

Wednesday, December 17, 2008

US regulators today launched a full-scale probe into their failings over the Madoff scandal, which is expected to investigate the relationship...

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