Archive for the ‘House and Leisure’ Category

Ladbrokes - worth a bet? August 11th, 2008

Ladbrokes shares are deemed worthy of a bet, according to The Times on Saturday. Despite results going against them at Euro 2008, which led to lower profits the company’s performance has held up well despite falling consumer spending. And with the new football season now upon us, trade is bound to pick up for the bookies over the coming months.

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Call in at Bingo Port August 2nd, 2008

Bingo is as popular as ever in the UK and whilst traditional Bingo Halls continue to pack the punters in, it is the explosion of online bingo that is really driving the industry forward. With new bingo sites appearing almost daily, it is difficult to know which is the best site to join and trying to compare features and prizes would take forever.

Thanks to Bingo Port you don’t have to. Bingo Port constantly monitors the web’s  new and existing bingo sites to see which are currently offering the the best deals in terms of the prizes and jackpots available, the number of players the site attracts and if there are any special prizes on offer. (more…)

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Posted in House and Leisure, Travel and Leisure | 1 Comment »

Further woes for housebuilders July 9th, 2008

Today it was the turn of Bovis Homes and Redrow to add to the doom and gloom of the housing sector. Both companies will cut 40% of their workforce which will mean 400 job losses for Bovis, whilst Redrow will shed 550 posts. (more…)

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Big losses at Taylor Wimpey July 2nd, 2008

News that Taylor Wimpey failed to secure additional funding of some £500m, coupled with having to shed 900 jobs, sent the share price sharply down today. The shares ended the day down 25p (41%) at 35p, with intra-trading lows bottoming at a 57% loss. (more…)

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FTSE heads south June 11th, 2008

The FTSE fell 104 points (1.78%) to end the day at 5,723.30 amid fears that the UK economy is heading for even tougher times. Leading the charge south were the banking stocks with HBOS closing 11.64% lower at 258p. This leaves the share price lower than existing investors have been offered shares as part of the £4bn rights issue. Royal Bank of Scotland was also hit, falling 9% to close at 212.25p. (more…)

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Posted in Banks, House and Leisure, Market Summary | 1 Comment »

Ladbrokes to benefit from Euro 2008 June 6th, 2008

Ladbrokes saw profits surge 13% in May as punters were eager to have a flutter on the two English teams featuring in the champions league final. Despite the lack of a home nation featuring in the championships, the event still commands considerable TV coverage and the main pundits will be out in force to provide expert opinion and analysis on proceedings.

Add to this the presence of Torres for Spain and Ronaldo for Portugal and the fact that most UK fans will be adopting a team to support for the finals. This can only be good news for the bookies as watching such a big tournament is made more interesting when a wager is placed on your fancied team.

If you fancy a flutter, sign up at Ladbrokes.com and put a few quid on your ‘gut instinct’ to finish champions of Europe.

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Reckitt’s Gaviscon enquiry (RB.) March 8th, 2008

Reckitt Benckiser allegedly had secret plans “Project Eric” that would enable it to maintain a monopoly on the supply of Gaviscon, the heartburn medicine. The aim was to prolong the period before competitors could produce a generic version of Gaviscon when the drugs patent ran out.

A former executive at Reckitt declared the company had cheated the NHS, adding that if a generic version of Gaviscon had been available, it could have saved the NHS over £40m per year. Whilst not illegal, these underhand tactics are at the expense of the taxpayer. 

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    • Lapsed Option
      An option that has been allowed to expire without it being exercised.