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Business news


These news pages are provided by PRP as a service to our site visitors.

We are always looking for interesting stories about Park Royal businesses, for our magazine, e-news, and website.  If you have news about your business, please let us know.

M&S to close stores and cut jobs
Marks and Spencer says it plans to close 25 Simply Food stores and two of its regular stores, and cut 1,230 jobs.
UK 2008 car sales to fall by 10%
UK car sales figures for the past year are expected to be more than 10% lower than sales in 2007.
Blacks Leisure in profits alert
Blacks Leisure issues a profits warning after its boardwear business drags down sales in the run-up to Christmas.
Full coverage of the UK economy, and tips on surviving the crisis
Tips on surviving the financial crisis, and full coverage of the UK economy
Job demand falls at record rate
Demand for staff is falling at a record rate, according to a report by Britain's recruiters.
US recession forecast to drag on
The US recession is likely to drag on well into 2009, according to forecasts from the US Federal Reserve.
India IT boss quits over scandal
The boss of Satyam, India's fourth-biggest software firm, resigns after admitting to irregularities in its accounts.
Watchdog bans British Gas adverts
Adverts for British Gas's home maintenance service are banned by a watchdog after being branded "misleading".
Row halts European gas supplies
Exports of Russian gas to Europe via Ukraine stop altogether with both countries accusing each other of turning off the tap.
Bank of America in Chinese sale
Bank of America is to sell a stake in China Construction Bank, in an move that could raise $3bn, the Chinese bank says.
Madoff's million-dollar mailings prompt court outrage
US prosecutors call for Bernard Madoff to be put in prison until his trial after it emerges he sent jewellery and watches to friends and family.
Layoff payoff
The financial costs of making redundancies
Keen interest
The rates roulette for savers and borrowers
Gas dispute
How dependent is Europe on Russian gas?
Vintage vinyl
The 7 inch single is still making music after 60 years