Berkeley profits slide but eyes stability
26th Jun 2009 07:12
Profits tumbled last year at Berkeley but the London and South East -focused housebuilder reports some stability returning to the market in the last three months. Pre-tax profit for the year to April fell to £120.4m from £194m on revenues of £702m, down 29% from the previous year's £992m. Operatin
Read moreLondon close: Footsie finishes flat
9th Jun 2009 17:05
The UK's blue-chip index spent the day flitting above and below last night's closing level so it should have been no surprise when the FTSE 100 closed virtually unchanged. Thomas Cook was the day's best performer after it calmed investors' nerves over the collapse of Arcandor, which has a 52% stake
Read moreLondon afternoon: Thos. Cook soars on bid spec
9th Jun 2009 14:39
It's been a see-saw day for London's leading shares which are now predominantly firmer, after US markets opened moderately higher. Lloyds Banking Group has confirmed press reports that it is to close its Cheltenham & Gloucester branch network in a move that will see 1,000 jobs go. Lloyds also annou
Read moreLondon midday: Defence stocks beat a retreat
9th Jun 2009 12:05
Leading shares are now lower, dragged down by expectations of a weak start on Wall Street and by a trimming of the strong early gains made by miners. Lloyds Banking Group is still in the blue on reports it is to axe a further 1,500 jobs and close the branch network of Cheltenham & Gloucester. Gla
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