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Profits

29 October 2008

BP - swimming in oil profits

OIL GIANT BP sparked widespread anger when it announced a record profit of £6.4 billion for the third quarter of 2008...

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2 October 2008

What is short-selling and will the ban have any effect?

UK stock markets: THE UK Financial Services Authority (FSA) has banned short-selling on certain shares until January 2009, "to guard against further instability in the financial sector", writes Fiona Pashazadeh.

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17 September 2008

Brown's feeble fuel package

HOUSEHOLD ENERGY bills have been rising rapidly and are expected to average £1,400 next year. The 'big six' energy utilities operating in Britain put up their prices to customers by 38% this year...

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3 September 2008

Swollen profits, suffering patients

TWENTY SIX top cancer consultants wrote to the Sunday Times, attacking the government's health watchdog NICE for denying seriously ill patients with diseased kidneys, four life-extending cancer drugs on cost grounds...

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13 August 2008

Fast news

California's Terminator: CALIFORNIA'S REPUBLICAN Governor Arnold Schwarzenegger lived up to his film role as 'the Terminator' by unilaterally sacking 22,000 state workers and cutting a further 200,000 workers' wages to minimum wage levels...

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22 July 2008

Stop The Gas Price Rip-Off

Household bills set to soar: MANY PEOPLE'S minds were recently jerked away from planning their summer holidays, into a cold and wintry future. The privatised gas and energy supplier Centrica predicted that average gas bills could rise from £600 to over £1,000 in 2010...

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2 July 2008

Big oil returns to Iraq

OVER FIVE years since the US invasion of Iraq four of the world's biggest oil companies have signed agreements for repair and technical support in major oilfields in Iraq, writes Chris Newby.

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11 June 2008

Banking on NHS profits

A REPORT from the public accounts committee says that Britain's biggest bank, HSBC, and its investors, have made around £100 million from NHS hospitals...

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11 June 2008

Oil price shock - the chaos of capitalism

Years of frenzied speculation on commodity markets: We have been hit by a tsunami of energy price rises. A flood of speculative activity in oil markets has produced a huge bubble that will inevitably collapse in coming months. Lynn Walsh investigates.

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23 April 2008

The rich get richer... and we foot the bill!

Tax cuts for the rich: Big business has received a corporation tax cut from 30p to 28p this month, down from 33p when New Labour was elected in 1997...

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