BT starts price war with Sky

Posted by Kim Newbold on 2nd Jul 10

BT has announced that it will be slashing the price of its subscription fee to customers wishing to watch English Premiership football matches. The telecommunications giant will now be offering access to Sky Sports 1 and 2 for just £16.99 per month. To receive the channels through rivals Sky currently costs £26 per month. However, [...]

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Tesco ads banned by ASA

Posted by Lucy Walters on 1st Jul 10

For the second time in a year, the Advertising Standards Authority has deemed it necessary to ban a number of Tesco advertisements on the grounds that they are misleading. Rival supermarket Asda claimed that the ads, which ran on television and in the press last October, were wrong in their price comparison claims. Both television [...]

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Barclays armed gunman offered hostages vodka and cigarettes

Posted by Michael Bond on 30th Jun 10

Although police are still questioning the man responsible for the three-hour siege at Barclays Bank in Ashford, some of the 15 hostages involved in the ordeal have started to shed some light on the situation. The armed robber, allegedly a local man named Matthew Nutley, 36, entered the Ashford Barclays branch at around 4pm carrying [...]

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Armed man arrested after Barclays siege

Posted by Rob Jones on 29th Jun 10

A man who took a number of people hostage at gunpoint in a branch of Barclays Bank in Middlesex has been arrested and taken into police custody. None of the hostages were hurt. The incident took place in Ashford, at the Barclays Church Street branch. It is thought that a man, described as being in [...]

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Warren Buffett increases Tesco holding

Posted by Steven Allen on 28th Jun 10

The world’s third richest man, Warren Buffett, has unofficially thrown his support behind the successor to the Tesco crown by buying 1.85 million shares in the retail giant recently. A fortnight ago, chief executive Sir Terry Leahy announced that he would be stepping down from the position by March next year. His replacement will be [...]

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BA passenger says crew treated him like a child molester

Posted by Kim Newbold on 25th Jun 10

A businessman has been awarded £750 in damages after he took British Airways to court over its seating policy. Mirko Fischer, travelling home from London to Luxembourg with his pregnant wife, explained that he felt like he was being treated as a potential child molester when he was told by airline crew that he could [...]

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Virgin Media plans to expand cable network

Posted by admin on 24th Jun 10

Virgin Media has announced plans to deliver its cable network to the one million homes which BT does not consider network upgrading to be a worthwhile investment. Virgin has also announced that it will be able to undertake the task without having to ask for subsidies. Director of technical strategy at Virgin Media, Kevin Baughan, [...]

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Tesco to fight opening of Highland Asda store in court

Posted by Lucy Walters on 23rd Jun 10

Supermarket giant Asda has said that it is disappointed by Tesco’s decision to seek legal action against the opening of a new Asda store in the Scottish Highlands. Tesco is now seeking a legal review of the decision by the Highland Council to allow its competitor to open a store in the Ross-shire town of [...]

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Young homeowners less likely to be adequately insured

Posted by Rob Jones on 22nd Jun 10

A recent poll indicates that when it comes to playing it safe with house insurance, it is the older generation who are more likely to be adequately covered. The poll was conducted by moneysupermarket.com and found that homeowners under the age of 34 were most likely not to be fully covered by the right types [...]

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Investor groups outraged at Tesco bonuses

Posted by Steven Allen on 21st Jun 10

Supermarket giant Tesco is likely to find itself being asked by shareholders to justify the bonuses paid to some of its top executives, at the company’s annual meeting in July. CtW Investment Group is one of the firms questioning the calculations used to work out how much certain executives deserved to earn. The group claims [...]

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