Monday, 16 February 2009

News


£100bn more needed, warns CBI

The government will have to borrow £100bn more than anticipated during the recession, the Confederation of British Industries has said. The figure is among dire predictions about the UK economy in 2009. The CBI says that the economy will contract by 3.3% this year, compared with... [continued]

850 jobs to go at Mini car factory

BMW has announced that 850 workers are to be laid off at its Mini car plant. The carmaker said the job losses at its factory in Cowley, near Oxford, would affect agency workers on the weekend shift. The cuts will come into force from... [continued]

Gordon Brown with Mini

Chavez wins vote on term limits

Venezuelans have given Hugo Chavez's "Bolivarian revolution" fresh impetus after voting in favour of a referendum that will allow the socialist leader to continue running for president indefinitely. "The gates to the future have been opened wide," said an emotional Mr Chavez from the balcony of the... [continued]

Politicians target bank bonuses

Banks are coming under increasing pressure to give up bonuses, amid growing political consensus that they would be inappropriate after a year in which the system came close to collapse. Conservative leader David Cameron proposed a cap of £2,000, and said the Government should be ready to... [continued]

Livni rules out joining Netanyahu

Tzipi Livni has ruled out joining an Israeli government led by Benjamin Netanyahu. Miss Livni, who won the most votes in the recent election, has said she would prefer to remain in opposition rather than join forces with Benjamin Netanyahu. In a private... [continued]

Fast food firm creates 9,000 jobs

Fast food chain KFC plans to defy the high street gloom by creating 9,000 jobs as consumers try to eat out for less. The fried chicken chain is to invest £150m in a scheme which will see it open as many as 300 new restaurants over the... [continued]

Posted by Britannia Radio at 11:00