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| 19 Mar 2010 10:21 | Ford to invest £1.5bn in UK sites : Lord Mandelson, Business Secretary, announced the Government's £360m backing of Ford's £450m application to the European Investment Bank (EIB) at the company's Ford Dagenham site yesterday.
Support from British Government is a significant step forward in securing loan approval from the EIB, which offers loans for projects aimed at improving fuel efficiency and reducing harmful vehicle emissions.
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| | | 19 Mar 2010 10:19 | Lloyds Forecasts Profit in 2010 on ‘Strong’ Trading : Lloyds Banking Group Plc, the U.K.’s biggest mortgage lender, said it expects to return to profit this year because of lower bad loans than forecast. The shares soared.
Lloyds “will be profitable on a combined businesses basis in 2010,” helped by “strong” earnings in the first 10 weeks of the year, the company said today in a statement. “The group now ...
| | | 19 Mar 2010 10:18 | UK car production up sharply in February : UK car production increased sharply in February, figures have shown, rising 62.7% on the same month last year.
It marks the fourth month in a row that output has seen a year-on-year increase, according to the Society of Motor Manufacturers and Traders (SMMT).
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| | | 15 Mar 2010 10:29 | U.K. Property Asking Prices Have Smallest March Gain : U.K. home sellers raised asking prices by the smallest amount for March on record as the supply of available properties increased, Rightmove Plc said.
The average house price in England and Wales climbed 0.1 percent from February to 229,614 pounds ($346,000), the smallest increase for the month since data began in 2002, the owner of the U.K.’s ...
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