Hints and tips:
...WS Atkins, for example, would need 837 days of earnings while Dixons Retail would need 638 days of earnings to pay off their pension shortfalls in full....
...Peter Dixon, the UK economist at Commerzbank, said: “Frankly, I don’t believe it.”...
...Electricals retailer Dixons said its UK losses were falling sharply. But the outlook for what is probably Briton’s greatest store of wealth – homes – does not look good....
...And while 75 per cent of companies could pay off their deficit in full with less than half a year’s earnings, the report says that it would take Dixons Retail more than 14 years of profits to pay off its...
...Willmott Dixon warned that those cuts will lead to three years of fierce competition, rising inflation and supply chain failures. Also on the receiving end of the cuts are some elderly people....
...The chief executive of Dixon’s, the electricals group, issued a profits warning, saying that consumer confidence had collapsed since Christmas and cited the “chilling” effect of public sector workers waiting...
...The businesses 3i partly owns include Norma, a German engineer that is looking to float later this month, and Enterprise, a UK utilities and public sector maintenance outsourcing group....
...The company that owns the Garfunkel’s and Frankie & Benny’s restaurant chains beat earnings forecasts, while DSG said the World Cup had boosted sales of wide-screen televisions through its Dixon’s outlets...
...“Today’s [Thursday’s] announcement that the BoE will not seek an expansion of the asset purchase programme was perhaps the least expected of the available options,” said Peter Dixon, economist at Commerzbank...
...Lots more detail from Norma Cohen online, despite the fact that she is on holiday. Torex Retail has a new chairman, Steve Marshall, a veteran of Railtrack, Thorn and Queen’s Moat....
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