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Day: 27 January 2015

Retirees adopting wait and see approach

Annuity sales slump by third ahead of reforms

Sales of annuities have slumped by a third as retirees await reforms in the pension rules in April and feel discouraged by falling rates and incomes. New figures show sales of singleRead More

Facebook says today’s hour-long shutdown was a result of a technical error and not a cyber attack

Supermarket chain Waitrose to create 2,000 jobs and open 14 stores across the UK

Vacant units blight town centres

Fund will help turn empty shops into homes

Developers are being invited to bid for a share of a £4 million government fund to turn empty shops into affordable homes. As well as increasing the housing stock, theRead More

Holyrood will seek opportunities from new fund

Legal & General unveils £15 billion plan to rebuild Britain

Legal & General has launched a regeneration fund that will pump £15 billion into UK projects such as road building and housing that will create thousands of jobs. The announcementRead More

The UK economy grew by 0.5% during the fourth quarter of 2014 and by 2.6% over the year, says ONS

AER Lingus board recommends €1.3 billion takeover offer from British Airways owner IAG

Board urges shareholders to pull together

Sports Direct provides £10m bail-out to ease Rangers cash crisis

Rangers board has accepted a £10 million long-term loan from Mike Ashley’s Sports Direct that will help plug an immediate cash crisis that threatened to engulf the Ibrox club. TheRead More

Shale gas exploration goes ahead - but with limits

Fracking moratorium defeated as MPs agree to concessions

The UK government yesterday rejected a call to impose a moratorium on fracking for shale gas, but said it would not be allowed in sensitive areas, including national parks. MPsRead More