May
2009
Articles from 9th May 2009
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HOUSEBUILDER Taylor Wimpey and private equity firm 3i have asked investors for £1.2bn in a bid to bolster their strained balance sheets.
May 09 2009 | Business News
The two businesses said the cash injection would be used to reduce debt and put them in a better position to seize on future investment opportunities, particularly at a time of depressed valuations. Read
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Carphone Warehouse to buy Tiscali’s UK business
May 09 2009 | Business News
CARPHONE Warehouse has announced a £236m deal to buy the UK business of troubled broadband firm Tiscali. Read
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SUPERMARKET Tesco said it was investing £150m in the biggest change to its Clubcard loyalty scheme since it launched almost 15 years ago.
May 09 2009 | Business News
From Monday, customers will be able to double the value of their Clubcard vouchers in Tesco stores and online when they buy products including baby goods, wine and clothing. Read
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RBS posts £857m loses for first quarter
May 09 2009 | Business News
ROYAL Bank of Scotland delivered a big blow to the banking sector by announcing losses of £857m for the first three months of 2009. Read
