Business news blog


Oil price hits lowest level since 2004

The price of Brent crude oil has fallen to levels not seen since 2004, surpassing the lows seen during the recession of 2008.

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Storm Desmond bill 'to be ?520m'

The insurance bill for the floods in Cumbria and the North earlier this month is likely to hit ?520m, the industry believes.

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Energy stocks drag down FTSE 100

London shares end Monday's session in negative territory, dragged down by energy stocks.

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National Grid to sell UK gas distribution business - Financial Times


Financial Times

National Grid to sell UK gas distribution business
Financial Times
National Grid, Britain's electricity network operator, has put a majority stake in its UK gas distribution business up for sale in a deal that could raise billions of pounds for the company. The group said the disposal would ?rebalance National Grid's ...
National Grid kicks off sale of UK gas distribution businessCity A.M.
National Grid to sell stake in gas unitBBC News
National Grid readies sale of stake in gas distribution businessTelegraph.co.uk
ChronicleLive
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CDI's AndersElite UK Subsidiary Acquires Recruitment Business of Payroll ... - PR Newswire (press release)


CDI's AndersElite UK Subsidiary Acquires Recruitment Business of Payroll ...
PR Newswire (press release)
(NYSE: CDI) announced today that its UK subsidiary, CDI AndersElite, has acquired the recruitment business of London-based Ship Shape Resources, a privately held company that provides payroll solutions to the recruitment industry. Financial terms of ...

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