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<title>LDPbusiness - News - Breaking News</title>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/</link>
<description>Read the latest breaking business news UK from the Liverpool Daily Post online. Financial business news, updates on company performance and more.</description>
<language>en-gb</language>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/06/150-000-homeowners-now-in-negative-equity-96026-21270881/</link>
<title>150,000 homeowners now in negative equity</title>
<pubDate>Sun, 06 Jul 2008 09:47:00 GMT</pubDate>

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<description>Nearly 150,000 homeowners who have taken out mortgages since the start of last year are now in negative equity, new research indicated today.</description>
</item>

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<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/06/council-sells-fresh-air-to-liverpool-developer-for-750-000-64375-21266889/</link>
<title>Council sells &quot;fresh air&quot; to Liverpool developer for &#163;750,000</title>
<pubDate>Sun, 06 Jul 2008 08:00:00 GMT</pubDate>

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<description>A DEAL to sell a city developer little more than &#8220;fresh air&#8221; was approved by Liverpool City Council yesterday for &#163;750,000.</description>
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<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/05/safety-standards-still-not-adequate-20-years-after-piper-alpha-union-claims-96026-21268256/</link>
<title>Safety standards still not adequate 20 years after Piper Alpha, union claims</title>
<pubDate>Sat, 05 Jul 2008 11:11:41 GMT</pubDate>

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<description>The offshore oil industry is still not paying enough attention to safety, two decades after the Piper Alpha disaster which killed 167 workers, a union claims.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/04/budget-airline-ryanair-sees-june-passenger-traffic-rise-by-19-96026-21265709/</link>
<title>Budget airline Ryanair sees June passenger traffic rise by 19%</title>
<pubDate>Fri, 04 Jul 2008 16:08:02 GMT</pubDate>

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<description>Liverpool&#8217;s biggest airline Ryanair says it carried 5.17m passengers last month, 19% up on last year.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/04/record-day-for-john-lewis-store-in-liverpool-one-96026-21227707/</link>
<title>Record day for John Lewis store in Liverpool One</title>
<pubDate>Thu, 03 Jul 2008 23:02:00 GMT</pubDate>

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<description>JOHN Lewis&#8217;s store in Liverpool One enjoyed a record day more than a month after the &#163;1bn shopping centre opened.</description>
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<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/04/b-b-shareholders-step-in-to-plug-funding-gap-96026-21227697/</link>
<title>B&amp;B shareholders step in to plug funding gap</title>
<pubDate>Thu, 03 Jul 2008 23:01:00 GMT</pubDate>

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<description>BRADFORD&#160;&#38; Bingley&#8217;s major shareholders were today stepping in to salvage the lender&#8217;s &#163;400 million funding plan after a US private equity firm walked away from the deal.</description>
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<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/04/more-credit-crunch-woes-for-swiss-bank-giant-ubs-96026-21227708/</link>
<title>More credit crunch woes for Swiss bank giant UBS</title>
<pubDate>Thu, 03 Jul 2008 23:00:00 GMT</pubDate>

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<description>SWISS&#160;banking giant UBS today said it would at best break even in second-quarter results as financial turmoil continues to rock the firm.</description>
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<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/03/housebuilder-barratt-cuts-60-jobs-in-chester-96026-21224435/</link>
<title>Housebuilder Barratt cuts 60 jobs in Chester</title>
<pubDate>Thu, 03 Jul 2008 14:58:00 GMT</pubDate>

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<description>TROUBLED housebuilder Barratt is to close its Chester operation with the loss of 60 jobs.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/03/greene-king-suffers-3-sales-dip-96026-21220883/</link>
<title>Greene King suffers 3% sales dip</title>
<pubDate>Wed, 02 Jul 2008 23:00:00 GMT</pubDate>

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<description>GREENE&#160;King revealed the current pressure on the brewing and pub industry today after sales fell nearly 3% in May and June.</description>
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<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/03/tns-rebuffs-third-approach-from-wpp-96026-21220884/</link>
<title>TNS rebuffs third approach from WPP</title>
<pubDate>Wed, 02 Jul 2008 23:00:00 GMT</pubDate>

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<description>TAYLOR Nelson Sofres today fended off a third attempt from advertising and media giant WPP to muscle in on its planned &#163;1.5 billion merger with German rival GfK.</description>
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<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/03/oil-surges-to-new-record-price-96026-21220888/</link>
<title>Oil surges to new record price</title>
<pubDate>Wed, 02 Jul 2008 23:00:00 GMT</pubDate>

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<description>STOCK&#160;markets were expected to come under more pressure today after oil prices surged to a new record above 145 US dollars a barrel.</description>
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<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/02/princes-dock-apartments-handed-over-to-receiver-96026-21217089/</link>
<title>Princes Dock apartments handed over to receiver</title>
<pubDate>Wed, 02 Jul 2008 14:50:00 GMT</pubDate>

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<description>PROPERTY developer City Lofts has put its residential investment portfolio in the hands of the receiver.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/02/water-regulator-ofwat-confirms-35-8m-fine-for-severn-trent-water-96026-21215057/</link>
<title>Water regulator Ofwat confirms &#163;35.8m fine for Severn Trent Water</title>
<pubDate>Wed, 02 Jul 2008 10:22:37 GMT</pubDate>

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<description>Water regulator Ofwat is fining Severn Trent Water a total of &#163;35.8m for deliberately providing false information and poor customer service.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/02/plunging-house-prices-will-not-help-affordability-experts-say-96026-21215052/</link>
<title>Plunging house prices will not help affordability, experts say</title>
<pubDate>Wed, 02 Jul 2008 10:20:30 GMT</pubDate>

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<description>Affordability of new homes will not ease despite possible falls of up to 15% in house prices over the next two years, new research shows.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/02/soaring-fuel-prices-hit-international-air-freight-traffic-96026-21214755/</link>
<title>Soaring fuel prices hit international air freight traffic</title>
<pubDate>Wed, 02 Jul 2008 09:24:55 GMT</pubDate>

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<description>International air freight traffic is being hit by sky high oil prices, new figures indicated.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/02/taylor-wimpey-to-shed-900-jobs-96026-21213907/</link>
<title>Taylor Wimpey to shed 900 jobs</title>
<pubDate>Wed, 02 Jul 2008 07:35:00 GMT</pubDate>

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<description>EMBATTLED&#160;housebuilder Taylor Wimpey today confirmed it was axing 900 jobs to help cope with a &#8220;significant downturn&#8221; in business.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/02/sales-down-at-m-s-96026-21213903/</link>
<title>Sales down at M&amp;S</title>
<pubDate>Wed, 02 Jul 2008 07:33:00 GMT</pubDate>

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<description>RETAIL&#160;giant Marks &#38; Spencer today reported worsening sales as consumer confidence &#8220;deteriorated markedly&#8221; in the first three months of its financial year.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/02/water-firm-fined-36m-for-poor-service-96026-21213829/</link>
<title>Water firm fined &#163;36m for poor service</title>
<pubDate>Wed, 02 Jul 2008 07:22:00 GMT</pubDate>

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<description>WATER&#160;regulator Ofwat confirmed today that it was fining Severn Trent Water a total of &#163;35.8 million for deliberately providing false information and poor customer service.</description>
</item>

<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/01/cammell-laird-lands-aircraft-carrier-contract-96026-21206827/</link>
<title>Cammell Laird lands aircraft carrier contract</title>
<pubDate>Tue, 01 Jul 2008 08:01:00 GMT</pubDate>

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<description>A BIRKENHEAD shipyard is in  line to build parts of Britain&#8217;s  next generation of aircraft  carriers.</description>
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<item>
<link>http://www.ldpbusiness.co.uk/liverpool-news/breaking-business-news/2008/07/01/stobart-takes-over-firm-to-save-1-300-jobs-96026-21206709/</link>
<title>Stobart takes over firm to save 1,300 jobs</title>
<pubDate>Mon, 30 Jun 2008 23:02:00 GMT</pubDate>

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<description>AROUND&#160;1,300 jobs have been safeguarded at a chilled goods distributor after the firm was bought out of administration by haulage giant Stobart Group, it was announced today.</description>
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