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NWDA refuse further funding for Omega

THE £1bn Omega park in Warrington will not have a funding gap plugged by the North West Regional Development Agency (NWDA). Read

Vodafone cautious over revenues

MOILE phone giant Vodafone today felt the squeeze of “more challenging” trading conditions as it warned of revenues at the bottom end of its forecasts this year. Read

Paragon receives takeover approaches

BUY-TO-LET mortgage lender Paragon said today it was holding “exploratory” talks with parties interested in buying the company. Read

Profits boost for pizza chain Domino's

DOMINO'S Pizza today said half-year profits and sales rose strongly as consumers opted to dine at home during the current economic turmoil. Read

Fifth of Barclays shareholders back fundraising bid

LESS than a fifth of Barclays existing shareholders opted to buy new shares in the bank as part of a £4.5 billion fund raising scheme, the company said today. Read

Building supplies group Wolseley warns of more cost cuts

BUILDING supplies group Wolseley said today it had cut 6,000 jobs in the space of a year as it battles deteriorating conditions in its key markets. Read

Alliance & Leicester in takeover talks

BOOTLE-BASED Alliance & Leicester said today it was in advanced talks about a possible takeover of the banking group. Read

Magners Cider maker C&C reports summer sales down 10%

Magners Cider maker C&C is today reporting a 10% fall in cider sales so far this summer and is issuing a warning over half-year revenues Read

RBS look to sell part of ABN AMRO

Royal Bank of Scotland today confirmed it was in talks to sell ABN Amro’s Australian and New Zealand operations. Read

Retail chain John Lewis reports strong performance for clearing sales

Retail giant John Lewis says its first week of clearance sales generated revenues of £61.5m - a fall of 1.3% on a year earlier but up 9.7% on the same week two years ago. Read

Germans pull out of plans to buy into Thomas Cook

Plans by German carrier Air Berlin to buy a majority stake in Thomas Cook’s charter airline Condor have been scrapped due to soaring jet fuel costs. Read

Cider sales plunge

Magners maker C&C today warned over half-year revenues as it revealed a 10% fall in cider sales so far this summer. Read

FTSE turmoil continues

The UK’s leading share index shed more than 2% today as London’s week of stock market turmoil continued. Read

Interest rates held at 5%

THE Bank of England has announced this lunchtime it is to keep interest rates at 5% for the third consecutive month. Read

New chairman for Alliance and Leicester

A senior banker with more than 30 years’ experience in the industry was today appointed chairman of Alliance & Leicester. Read

Redrow axes 350 jobs and Warrington office

Housebuilders Bovis Homes and Redrow today said around 750 jobs were being axed as part of their efforts to ride out the property slump. Read

Fifth of shareholders fail to back M&S boss in new role

More than one in five Marks & Spencer shareholders refused today to back the controversial dual role of boss Sir Stuart Rose. Read

FTSE rallies to keep out of bear market territory

Beleaguered housebuilding and financial stocks rallied today as investors did their best to keep London out of bear market territory. Read

Cheshire office to close as Redrow cuts jobs

HUNDREDS more housebuilding job cuts were announced today as Redrow and Bovis Homes became the latest to outline efforts to combat the property slump. Read