Jarvis extends loan facilities July 9, 2009 JARVIS, the rail services group, said yesterday it had been granted extended banking facilities until 2011. But the deal with Burdale Financial Limited, a subsidiary of Bank of Ireland and Bank of America, will see its asset backed loan facility reduced to £50m from £60m. Jarvis, which has contracts with National Rail including signalling projects, [...]
Robert Wiseman bullish after milk contract wins July 9, 2009 SCOTTISH dairy group Robert Wiseman said yesterday performance for the first quarter rose 8.5 per cent on the same period last year, thanks to a number of new contract wins. The firm took on three large milk supply contracts with the Co-op and two Spar wholesalers, Cappers and Blakemore. Robert Wiseman plans to increase capacity [...]
Robert Wiseman bullish after milk contract wins July 9, 2009 SCOTTISH dairy group Robert Wiseman said yesterday performance for the first quarter rose 8.5 per cent on the same period last year, thanks to a number of new contract wins. The firm took on three large milk supply contracts with the Co-op and two Spar wholesalers, Cappers and Blakemore. Robert Wiseman plans to increase capacity [...]
Revival in German and UK trade July 9, 2009 BRITAIN’S trade deficit narrowed in May to £2.2bn from £3bn the previous month, according to official data published yesterday. Figures from the Office for National Statistics (ONS) showed that the UK’s deficit on trade in goods in May was an estimated £6.3bn, while trade in services remained at £4.1bn. In Germany, exports recovered slightly in [...]
Revival in German and UK trade July 9, 2009 BRITAIN’S trade deficit narrowed in May to £2.2bn from £3bn the previous month, according to official data published yesterday. Figures from the Office for National Statistics (ONS) showed that the UK’s deficit on trade in goods in May was an estimated £6.3bn, while trade in services remained at £4.1bn. In Germany, exports recovered slightly in [...]
Cattles in negotiations with banks and bondholders as debt deadline expires July 9, 2009 STRICKEN sub-prime lender Cattles was yesterday locked in three-way talks with lenders and bondholders in the hope of securing a standstill agreement on its debts. A £500m portion of its £2.4bn debt pile was due to expire today, but Cattles is hoping to secure a standstill agreement from its lending syndicate, led by Royal Bank [...]
Cattles in negotiations with banks and bondholders as debt deadline expires July 9, 2009 STRICKEN sub-prime lender Cattles was yesterday locked in three-way talks with lenders and bondholders in the hope of securing a standstill agreement on its debts. A £500m portion of its £2.4bn debt pile was due to expire today, but Cattles is hoping to secure a standstill agreement from its lending syndicate, led by Royal Bank [...]
Genus performance still resilient despite gloom July 9, 2009 BULL and pig sperm specialist Genus said yesterday trading over the final quarter of the year was in line with expectations, despite the challenging market conditions. The animal genetics firm expects to report a strong increase in profits for the year to the end of June, boosted by the weakness of sterling and the diverse [...]
Genus performance still resilient despite gloom July 9, 2009 BULL and pig sperm specialist Genus said yesterday trading over the final quarter of the year was in line with expectations, despite the challenging market conditions. The animal genetics firm expects to report a strong increase in profits for the year to the end of June, boosted by the weakness of sterling and the diverse [...]
Hays: City job market first to stabilise July 9, 2009 HAYS, the country’s largest recruitment firm, said yesterday that the job market in the City has begun to stabilise, as institutions look to position themselves for the opportunities an economic recovery will bring. “The only area of stability we’ve seen is in the City of London,” said the firm’s finance director Paul Venables, defining stability [...]