Monday, December 1, 2008

Shoppers leave Tesco for rivals

Times Online December 2, 2008

BUSINESS BULLETIN


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Today's top stories

Shoppers leave Tesco for rivals

Consumers are switching loyalties to Asda and Wm Morrison, with £22m moving into the rivals' tills, The Times has learnt

Dip in manufacturing adds to rate-cut case

Worldwide slump for industry adds to expectations that central banks will act decisively with drastic cuts in interest rates

Volvo may be dumped as Ford pitches for bailout

Ford is prepared to sell Volvo in its attempts to convince Washington that it deserves to be bailed out with emergency loan

2,000 more jobs to go, companies warn

Union officials express anger and dismay as another 2,000 jobs go at HSBC, Credit Suisse, Aston Martin and Halfords

OTHER HEADLINES
Analysis chevrons

First, put your own house in order

To describe New Star as a credit crunch victim suggests something too passive. It was the author of its own demise

Markets chevrons

Tempus: 'Pubcos' ... Reed Elsevier ... Aberdeen

Recession puts pressure on pub companies ... Reed's stock remains relatively expensive ... Aberdeen heads for new markets

BT appointment ... InBev shifts focus ... Loans rise

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