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Fuel prices blamed for collapse of haulage firm Macfarlane Transport
03/07/2008 14:54:07: Administrators today blamed rising fuel prices for the collapse of a haulage firm which threatens to put 300 people out of work. more »


Shareholders lose out as ScS trading arm bought out of administration
03/07/2008 14:00:44: Shareholders in struggling furniture chain ScS Upholstery are set to be left empty-handed after the group was placed in administration today and its trading arm sold to private equity. more »


Mortgage 'drought' to worsen, says Bank of England
03/07/2008 13:54:53: The mortgage drought looks set to worsen during the coming months as banks further rein in their lending in the face of falling house prices, a report showed today.  more »


Graduates 'earn average salary of £20k'
03/07/2008 11:51:47: Graduates leaving full-time degree courses are earning an average salary of £20,000 and 64% are finding jobs when they leave university, according to statistics released today. more »


CIPS says service sector is shrinking fast
03/07/2008 11:14:33: The deluge of economic woe continued today as data showed the UK’s dominant service sector shrinking at its quickest rate for nearly seven years during June. more »


US & UK finance chiefs issue economy warning as oil prices surge
03/07/2008 10:11:12: Soaring world oil prices risk prolonging the world economic slowdown, US Treasury Secretary Hank Paulson warned today. more »


Fuel price means shoppers travel less, says M&S boss
03/07/2008 09:46:13: Shoppers are making shorter and less frequent journeys because of the high cost of fuel, according to the Marks & Spencer boss. more »


Computer games growth boosts Game
03/07/2008 09:44:08: Computer games retailer Game today said a strong market and a raft of hit games releases had helped it beat expectations in the first half of the year. more »


Worried consumers not crying into beer, reveals Greene King
03/07/2008 09:42:17: Greene King revealed the current pressure on the brewing and pub industry today after sales fell nearly 3% in May and June. more »


Oil reaches $145 a barrel
03/07/2008 09:41:11: Stock markets were expected to come under more pressure today after oil prices surged to a new record above 145 US dollars a barrel. more »

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