Israel rejects EU calls for ceasefire
Israel rebuffed a call from visiting European foreign ministers for an immediate ceasefire, vowing to continue its ground assault on the Gaza Strip even amid reports of mounting civilian casualties
January 5, 2009
FSA to end ban on short selling
The UK’s ban on short selling of financial stocks will not be extended beyond January 16, the Financial Services Authority said, but investors will continue to be required to disclose short positions
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Wedgwood falls into administration
Deloitte has been appointed as administrator of the company’s UK and Irish subsidiaries after the cut glass and designer crockery group failed to find fresh financing
UK construction industry hits new low
The UK construction industry suffered another month of record decline in December, a survey showed, with all sectors of the industry suffering their worst ever contraction on record
Wedgwood to seek administration
Waterford Wedgwood appoints a receiver and says some of its subsidiaries are set to be placed into administration.
Firms urged ‘try to keep staff’
Redundancies should be a last resort when firms look to cut costs during the recession, the CIPD says.