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Westcountry business & commerce

Major step forward for £120m Exeter Science Park

Major step forward for £120m Exeter Science Park

Plans for a new £120m Science Park on the outskirts of Exeter have taken a major step forward with the announcement that the land for the project has been purchased.

Quest to find the region's most dynamic business teams

Quest to find the region's most dynamic business teams

Endurancelife, the Kingsbridge-based sporting challenge specialists, has teamed up with the Royal Bank of Scotland to launch a new competition for adventuress business people in the South West.

Diesel costs motor ahead

Diesel costs motor ahead

The Westcountry has the highest diesel prices in the country, a new report has revealed.

Dragon-defying mums wrap up with baby towel idea

Dragon-defying mums wrap up with baby towel idea

A Westcountry business producing special towels to dry babies after bathtime has become so successful that they are taking orders from all over the globe.


Devon firm makes Sunday Times list

Devon firm makes Sunday Times list

Clinton Devon Estates has been told it's among the best companies to work for in Britain and the very best nationally for its efforts to protect the environment.


Passengers criticise FGW in satisfaction survey

Passengers criticise FGW in satisfaction survey

The train firm which serves travellers in the Westcountry has been heavily criticised in a passenger satisfaction survey.

Can the region still milk a profit out of its' dairy industry?

Can the region still milk a profit out of its' dairy industry?

Concerns over the future of the region's dairy industry still exist, although the launch of a model milk contract by the National Farmers' Union has helped ease some of those worries for the time being.




Business & Commerce - around the network

US downturn to slow growth in Western Hemisphere

US downturn to slow growth in Western Hemisphere

The US economic downturn is expected to slowdown growth throughout the Western Hemisphere, according to the International Monetary Fund (IMF).

Developing economies produce 41% of global output

Developing economies produce 41% of global output

The World Bank estimates the combined output of the world's economies was $59 trillion in 2006.

IMF predicts slower world growth

IMF predicts slower world growth

The global economy will grow at a much slower pace in the next two years, the International Monetary Fund (IMF) has warned.

Troubled Northern Rock posts £168.7m loss

Troubled Northern Rock posts £168.7m loss

Newly-nationalised UK bank Northern Rock made a £168.7m loss last year as a result of the global credit crisis.

First Direct stops mortgages

First Direct stops mortgages

First Direct has closed its doors to new customers after the bank admitted being swamped by an unprecedented number of applications for its home loans.

Swiss bank UBS announces $12bn losses

Swiss bank UBS announces $12bn losses

Swiss financial giant UBS says it will make a first-quarter net loss of $12.1bn as a result of the recent credit market turmoil.


China to be world's largest economy in 2025

China to be world's largest economy in 2025

China could overtake the United States by 2025 to become the world's largest economy, a survey has predicted.

HSBC profits jump 10% despite credit crisis

HSBC profits jump 10% despite credit crisis

HSBC, the UK's largest bank, has unveiled a 10 per cent rise in annual pre-tax profits despite huge losses linked to the global credit crisis.

Lloyds TSB sees annual profits drop 6%

Lloyds TSB sees annual profits drop 6%

UK banking giant Lloyds TSB has seen its annual profits drop by 6 per cent.

The changing face of advertising

The changing face of advertising

As online consumer activity continues to increase, the role of advertising through the traditional media of TV is changing.

Anger as British Gas profits rocket to £571m

Anger as British Gas profits rocket to £571m

Energy giant British Gas has reported annual profits of £571m at its residential arm - more than six times the £95m it made in 2006.

Gold shines bright in market gloom

Gold shines bright in market gloom

With the price of gold continuing to break records, the future of this unique precious metal is looking bright, says Joanne Stapley.



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Business & Commerce from 999Today.com

HSBC profits rise despite write-downs

HSBC profits rise despite write-downs

HSBC, Europe's biggest bank, has written off $3.2bn in the first quarter of 2008 as a result of the US sub-prime mortgage crisis and credit turmoil.

Bank leaves rates unchanged at 5%

Bank leaves rates unchanged at 5%

UK interest rates have been left on hold at 5 per cent, following May's meeting of the Bank of England's Monetary Policy Committee (MPC).

Google is world's most powerful brand

Google is world's most powerful brand

Internet search giant Google is the world's most valuable brand, a survey has revealed.

Citigroup posts huge losses

Citigroup posts huge losses

Banking giant Citigroup has posted huge losses as the global credit crisis continues to hit US banks.


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