London Informer

Wait for compensation drags on as not all the lenders meet their target of an August 31 cut-off

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Stefan Orlowski is getting to know Britain by engaging in a giant pub crawl, though the Aussie with a Polish heritage at least has the excuse of being the managing director of Heineken UK.

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The troubled care home operator has been granted a further rent deferral worth £18million by landlords, which are set to take over most of its homes.

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Leading DIY retailers are in talks with Whitehall on how to set up schemes to allow them to cash in on the Coalition’s ‘Green Deal’ being launched next year.

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Recently filed accounts for CLM, the Olympic Delivery Authority’s ‘delivery partner’, show turnover of £92million and pre-tax profits of £32million for 2010.

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A key measure of economic health due tomorrow will provide a nervous backdrop to the Monetary Policy Committee meeting this week and could raise pressure for the Bank of England to increase quantitative easing.

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Middle class families have for the past few years been forced to endure the destruction of their hard-won financial security, often built up through many years of hard graft, thrift and self-denial. Welcome to Broke Britain.

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Stock markets around the world plunged yesterday after ‘disastrous’ American jobs figures fuelled fears of a double-dip recession. The US Labor Department said ‘non-farm payrolls’ – the number of Americans in work and a key measure of the health of the world’s biggest economy – were unchanged in August.

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Desperately disappointing data from across the Pond showing that no new jobs were created in the US in August hit stock markets hard. It raised expectations that the Federal Reserve will have to print more money (QE3) to help re-ignite the US economic recovery.

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Every household in the UK is to have a smart meter fitted by the end of 2020 as part of a government plan to help energy efficiency, costing an estimated £11.3bn.

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As the State Bank of India prepares to open the doors on two new branches, Jo Thornhill of Financial Mail meets its chief Rajnish Kumar to discuss its future expansion plans.

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The London market fell 2 per cent today after the worst US jobs data for nearly a year sparked fresh fears the world economy could slide back into recession.

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Deal flow seems to be picking up as we emerge from the carnage of the latest market meltdown and the City’s predators spy a bargain.

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Airmiles members will no longer be able get free flights under plans that will downgrade the travel loyalty scheme by making customers pay taxes.

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A proposed UK merger between Tarmac-owner Anglo American and France’s Lafarge could be unfair on independent concrete suppliers and has been referred to the Competition Commission.

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