http://www.abcmoney.co.uk ABC money news offers information for the discerning reader interested in everything financial. Frequently updated stories and headlines ensure that you are kept up to date with money news as easily as abc. EN-GB PHP/5.2.6 http://feedproxy.google.com/~r/co/ioPr/~3/1dTrtbomKRc/Rolls-Royce-to-cut-up-to-2,000-jobs-next-year,193596.htm London - Aero-engine maker Rolls-Royce said Thursday it would cut up to 2,000 jobs worldwide as a result of the current economic uncertainties. Rolls-Royce, which employs 39,000 workers globally, of whom 60 per cent are based in Britain, said the an...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/1dTrtbomKRc" height="1" width="1"/> Thu, 20 Nov 2008 04:18:11 GMT http://www.abcmoney.co.uk/news1/Rolls-Royce-to-cut-up-to-2,000-jobs-next-year,193596.htm http://www.abcmoney.co.uk/news1/Rolls-Royce-to-cut-up-to-2,000-jobs-next-year,193596.htm http://feedproxy.google.com/~r/co/ioPr/~3/oXPz3moW_l4/London-Stock-Exchange-quotations--19-November-2008,193595.htm FT-100 Index4,005.68(- 202.87) (- 4.82 %) BAT Industries  1,689.00(-11.00) (- 0.65 %) BP Amoco        488.25(-19.25) (- 3.79 %) Diageo        910.50(-15.50) (- 1.67 %) HSBC Holdings 641.50(-64.50) (- 9.14 %) Prudential    294.00(-12.50) (- 4.08 %) R...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/oXPz3moW_l4" height="1" width="1"/> Wed, 19 Nov 2008 04:17:58 GMT http://www.abcmoney.co.uk/news1/London-Stock-Exchange-quotations--19-November-2008,193595.htm http://www.abcmoney.co.uk/news1/London-Stock-Exchange-quotations--19-November-2008,193595.htm http://feedproxy.google.com/~r/co/ioPr/~3/4OwcrEsqBSQ/London-Stock-Exchange-quotations--18-November-2008,193594.htm London - Closing prices in pence on the London Stock Exchange. In brackets movement against the previous quotation.FT-100 Index4,208.55(+ 76.39)(+ 1.85 %) BAT Industries  1,700.00(-3.00)(- 0.18 %) BP Amoco        507.50(+ 19.75)(+ 4.05 %) Diageo     ...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/4OwcrEsqBSQ" height="1" width="1"/> Tue, 18 Nov 2008 02:17:28 GMT http://www.abcmoney.co.uk/news1/London-Stock-Exchange-quotations--18-November-2008,193594.htm http://www.abcmoney.co.uk/news1/London-Stock-Exchange-quotations--18-November-2008,193594.htm http://feedproxy.google.com/~r/co/ioPr/~3/npkIOVB48jo/British-inflation-falls-in-October-as-oil-and-food-price-come-down,193593.htm London - Inflation in Britain fell to 4.2 per cent in October from 5 per cent in the previous month, the Office for National Statistics (ONS) said Tuesday. The fall in the Retail Price Index (RPI), a measure that takes into account housing costs, was...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/npkIOVB48jo" height="1" width="1"/> Tue, 18 Nov 2008 06:45:50 GMT http://www.abcmoney.co.uk/news1/British-inflation-falls-in-October-as-oil-and-food-price-come-down,193593.htm http://www.abcmoney.co.uk/news1/British-inflation-falls-in-October-as-oil-and-food-price-come-down,193593.htm http://feedproxy.google.com/~r/co/ioPr/~3/LmX-HbFMCKw/Easyjets-annual-profits-sharply-down-as-costs-rise,193592.htm London - Pre-tax profits at British budget airline Easyjet have fallen by 45 per cent to 110 million pounds (165 million dollars) in the financial year to the end of September, the airline said Tuesday. The firm said future economic conditions would ...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/LmX-HbFMCKw" height="1" width="1"/> Tue, 18 Nov 2008 03:45:46 GMT http://www.abcmoney.co.uk/news1/Easyjets-annual-profits-sharply-down-as-costs-rise,193592.htm http://www.abcmoney.co.uk/news1/Easyjets-annual-profits-sharply-down-as-costs-rise,193592.htm http://feedproxy.google.com/~r/co/ioPr/~3/oocOWaKqlrg/London-Stock-Exchange-quotations--17-November-2008,193591.htm London - Closing prices in pence on the London Stock Exchange. In brackets movement against the previous quotation....<img src="http://feedproxy.google.com/~r/co/ioPr/~4/oocOWaKqlrg" height="1" width="1"/> Mon, 17 Nov 2008 01:45:30 GMT http://www.abcmoney.co.uk/news1/London-Stock-Exchange-quotations--17-November-2008,193591.htm http://www.abcmoney.co.uk/news1/London-Stock-Exchange-quotations--17-November-2008,193591.htm http://feedproxy.google.com/~r/co/ioPr/~3/fYnzzaXZVg8/Iceland-reaches-deal-to-pay-British,-Dutch-clients-of-failed-bank,193590.htm Reykjavik - Icelands government on Sunday agreed to reimburse British and Dutch depositors of failed internet bank Icesave. The agreement with the British and Dutch governments and other EU countries clears the way for the troubled Atlantic island n...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/fYnzzaXZVg8" height="1" width="1"/> Sun, 16 Nov 2008 04:45:04 GMT http://www.abcmoney.co.uk/news1/Iceland-reaches-deal-to-pay-British,-Dutch-clients-of-failed-bank,193590.htm http://www.abcmoney.co.uk/news1/Iceland-reaches-deal-to-pay-British,-Dutch-clients-of-failed-bank,193590.htm http://feedproxy.google.com/~r/co/ioPr/~3/thmxW439FFk/Britains-BT-sheds-10,000-jobs-as-recession-bites---Summary,193589.htm London - British Telecom (BT) said Thursday that it would cut a total of 10,000 jobs in the current financial year, as part of an ongoing efficiency programme. The news came after a string of similar job-cutting announcements by major British in the ...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/thmxW439FFk" height="1" width="1"/> Thu, 13 Nov 2008 08:43:26 GMT http://www.abcmoney.co.uk/news1/Britains-BT-sheds-10,000-jobs-as-recession-bites---Summary,193589.htm http://www.abcmoney.co.uk/news1/Britains-BT-sheds-10,000-jobs-as-recession-bites---Summary,193589.htm http://feedproxy.google.com/~r/co/ioPr/~3/8_wUsdykiLk/Bank-of-England-says-British-economy-is-already-in-recession,193588.htm London - The British economy is already in recession and will shrink by as much as 2 per cent by early 2009, the Bank of England (BoE) said Wednesday. The banks quarterly inflation report, presented by central bank governor Mervyn King Wednesday, sa...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/8_wUsdykiLk" height="1" width="1"/> Wed, 12 Nov 2008 07:42:56 GMT http://www.abcmoney.co.uk/news1/Bank-of-England-says-British-economy-is-already-in-recession,193588.htm http://www.abcmoney.co.uk/news1/Bank-of-England-says-British-economy-is-already-in-recession,193588.htm http://feedproxy.google.com/~r/co/ioPr/~3/Hc-FFKdjkfg/London-Stock-Exchange-quotations--7-November-2008,193587.htm London - Closing prices in pence on the London Stock Exchange. In brackets movement against previous quotation....<img src="http://feedproxy.google.com/~r/co/ioPr/~4/Hc-FFKdjkfg" height="1" width="1"/> Fri, 07 Nov 2008 01:40:20 GMT http://www.abcmoney.co.uk/news1/London-Stock-Exchange-quotations--7-November-2008,193587.htm http://www.abcmoney.co.uk/news1/London-Stock-Exchange-quotations--7-November-2008,193587.htm http://feedproxy.google.com/~r/co/ioPr/~3/L9iKWI98LpA/Corus-steel-giant-to-cut-production-by-30-per-cent,193586.htm London - Steel giant Corus, Europes second-largest steel company owned by Indias Tata Steel, Friday announced plans to cut production by 30 per cent over the next six months. The company, formerly British Steel, cited the global economic downturn f...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/L9iKWI98LpA" height="1" width="1"/> Fri, 07 Nov 2008 12:40:18 GMT http://www.abcmoney.co.uk/news1/Corus-steel-giant-to-cut-production-by-30-per-cent,193586.htm http://www.abcmoney.co.uk/news1/Corus-steel-giant-to-cut-production-by-30-per-cent,193586.htm http://feedproxy.google.com/~r/co/ioPr/~3/TAQIeC2LwQ8/BA-half-year-profits-nosedive-in-turbulent-environment,193585.htm London - Pre-tax profits at British Airways (BA) slumped by nearly 92 per cent to just 52 million pounds (83 million dollars) over the summer period - one of the bleakest on record the airline said Friday. Half-yearly profits between April and Sept...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/TAQIeC2LwQ8" height="1" width="1"/> Fri, 07 Nov 2008 11:40:11 GMT http://www.abcmoney.co.uk/news1/BA-half-year-profits-nosedive-in-turbulent-environment,193585.htm http://www.abcmoney.co.uk/news1/BA-half-year-profits-nosedive-in-turbulent-environment,193585.htm http://feedproxy.google.com/~r/co/ioPr/~3/QJAupN6OQ-c/BA-half-year-profits-tumble-in-turbulent-environment,193584.htm London - Pre-tax profits at British Airways (BA) fell by a staggering 91.6 per cent in first half of the companys financial year, figures showed Friday. BA said pre-tax profit totalled 52 million pounds (83 million dollars), between April and Septem...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/QJAupN6OQ-c" height="1" width="1"/> Fri, 07 Nov 2008 02:39:59 GMT http://www.abcmoney.co.uk/news1/BA-half-year-profits-tumble-in-turbulent-environment,193584.htm http://www.abcmoney.co.uk/news1/BA-half-year-profits-tumble-in-turbulent-environment,193584.htm http://feedproxy.google.com/~r/co/ioPr/~3/G-l9qvBifjg/Brown-calls-Obama-to-discuss-financial-crisis,-Iraq,193583.htm London - Britains Prime Minister Gordon Brown spoke with US president-elect Barack Obama on the telephone,Browns offices said late Thursday in London. In the ten-minute conversation, the two leaders discussed the financial meltdown, the deployments...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/G-l9qvBifjg" height="1" width="1"/> Thu, 06 Nov 2008 07:39:50 GMT http://www.abcmoney.co.uk/news1/Brown-calls-Obama-to-discuss-financial-crisis,-Iraq,193583.htm http://www.abcmoney.co.uk/news1/Brown-calls-Obama-to-discuss-financial-crisis,-Iraq,193583.htm http://feedproxy.google.com/~r/co/ioPr/~3/QhliKofLryw/Christies-auction-falls-short-by-half-of-estimated-prices,193582.htm Washington - Art has not escaped the downward pressure of the economy, as Christies failed to get even half of the minimum prices expected for a raft of late 19th and 20th Century artworks. The New York auction house brought in only 47 million dolla...<img src="http://feedproxy.google.com/~r/co/ioPr/~4/QhliKofLryw" height="1" width="1"/> Thu, 06 Nov 2008 06:39:49 GMT http://www.abcmoney.co.uk/news1/Christies-auction-falls-short-by-half-of-estimated-prices,193582.htm http://www.abcmoney.co.uk/news1/Christies-auction-falls-short-by-half-of-estimated-prices,193582.htm