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HNC in Business

Business and Profit Links

This page will bring you links on business and profit.

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Business Headlines ~ updated daily
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Sales boost Rover hopes
A hefty jump in sales of Rover cars could offer a fresh glimmer of hope as talks continue to secure a future for the firm's troubled Longbridge plant.

Rover 75

British Industry
A century of British Industry
At the close of the century, BBC News Online and Working Lunch, BBC2's daily business programme, take a look at fate of the key industries that dominated UK's industrial landscape in the last 100 years.

$82bn oil merger cleared
The $82bn merger of oil giants Exxon and Mobil has been approved - with a list of conditions - by the US government.

Private firm to run Islington's schools
For the first time in the UK, a private company is to take over the running of all the school services provided by an education authority.

Banks face millennium challenges
Banks will be forced to transform their business in the new millennium because of the internet boom, a study shows. .

Car price cuts 'on the way'
New cars could soon be cheaper in the UK as manufacturers are expected to be banned from selling vehicles through exclusive franchised dealerships.

Banks consider cashpoint charges
A number of banks are pressing for a change in the rules on charging for the use of the dispensers.

Water bill cuts ordered
Households across the UK will see cuts in their water bills averaging £30 by 2005 as a result of price controls announced by the industry regulator, Ofwat.

UK 'has highest water profits'
The UK water industry makes some of the highest profits in the world, new research shows.

Aerospace Industry
It's a familiar dilemma for the UK: to become an active European or to side with our natural linguistic partners across the Atlantic. The world's defence industry is in the midst of a major overhaul. And caught between the two opposing options is British Aerospace, the UK's largest exporter and, effectively, the UK's entire defence industry.

BA profits set to nosedive
British Airways is expected to announce a fall of more than £300m when it reveals its interim results on Monday.

Ford Cougar

Ford slashing UK jobs
Car-maker Ford is to announce that about 1,200 jobs are to go at its huge Dagenham plant in Essex.

Ford workers set strike dates
Thousands of Ford workers are to stop work for five days in February and March in the latest stage of a dispute over pay.

Ford embarks on cost-cutting
Ford is said to be embarking on a radical cost-cutting programme.

Ford staff vote for walkout
Engineers and other white collar workers at car giant Ford have voted to walk out in a row over pay.

Ford faces pricing probe
Ford is facing a UK Government inquiry into allegations that it has broken a promise to customers over prices.

Ford's 'landmark' pay deal
Union leaders representing thousands of Ford car workers have agreed an inflation-busting pay deal worth 11.1% over three years and a 90-minute cut in the working week.

Ford workers walk out
Hundreds of workers at car giant Ford's biggest UK plant have walked out on official strike over pay as national wage talks resumed between the company and unions.

BT to cut 3,000 jobs
The UK telecoms giant BT is to axe 3,000 managers after stunning investors by announcing a 24% fall in profits.

BT denies football rights claim
British Telecom has denied reports that it is to make a huge bid for the television broadcasting rights to Premiership football.

BT profits from overseas expansion
BT, the UK's leading telecoms operator, has increased its profits in the second quarter of its financial year to £890m, up 3.9% compared to the previous period last year.

Firms deny threat to quit UK
Rover and Fiat have strongly denied a report that they had threatened to pull production out of the UK if it does not join the European single currency.

Rover 75

Rover - a car firm's troubles
UK car manufacturer Rover is in trouble, hit by low productivity, falling sales and mounting losses. Its parent company, BMW of Germany, has cut costs and embarked on a massive investment programme. But will it work? BBC News Online examines Rover's problems.
Rover Home Page
Rover 75 ~ a "new" car

Mergers, how do they happen?
Corporate mergers occur when two companies combine. In some cases both companies want to merge. This is called an agreed merger. Another situation is where one company seeks to control another without its agreement. This is called a hostile takeover.

London Stock Exchange
A decade ago, a Big Bang transformed the way shares are traded in London - and the revolution continues. In 1986, London became one of the first financial centres to see trading move out of the pits, off the market floor and on to the telephone.

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