Awards Told Business Is 'Backbone' Of Growth

National Business Award Winners Updated: 3:34pm UK, Wednesday 14 November 2012 The National Business Awards Winners: The Daily Telegraph Award for a Decade of Excellence in Business: Kate Swann, CEO, WH Smith The Orange Leader of the Year: Phil Smith,...

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EC 'Rejects' Law To Boost Women On Boards

The European Commission has stopped short of imposing legally-binding quotas to bolster the number of women on company boards. Commission Vice President Viviane Reding wants a target set instead to have women comprise at least 40% of the boards of publicly-traded...

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Toyota Issues Another Massive Recall

Toyota has announced its second huge recall of vehicles in as many months in a move affecting almost 2.8 million cars world-wide. The company blames problems with steering mechanisms and its hybrid system water pump. The Japanese firm said it was recalling...

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Sainsbury's Sees Pre-Tax Profit Up 2.5%

Supermarket chain Sainsbury's has reported like-for-like sales for the half year rise by 1.7%, with pre-tax profit up 2.5% at £405m. Revenue, excluding VAT and fuel, for the six months to September 29 was up 4% at £12.16bn. Total sales in the period...

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Report: Keep Heathrow As UK's Hub Airport

Heathrow bosses will put the case for the UK to maintain a major hub airport on Wednesday in a new report. Chief executive Colin Matthews will send the report, entitled One Hub Or None, to the Aviation Commission. At present, Heathrow is the UK's major...

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UK Unemployment Total Drops By 49,000

Unemployment has fallen to its lowest total for over a year, although there has been an increase in the number of people claiming jobseeker's allowance, according to official figures. The jobless total dropped by 49,000 in the quarter to September to...

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Energy Firm SSE Defends 38% Profits Rise

The energy firm SSE has defended a 38% rise in half year profits at a time when its gas and electricity bills are rising by 9% on average. The company, formerly known as Scottish & Southern Energy, made an adjusted profit before tax of £397.5m in...

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Bank Of England Downgrades UK Growth Forecast

The Bank of England has downgraded its growth forecast for the UK economy next year to around 1%, blaming a worse than predicted impact from the financial crisis. The bank now believes output will remain below pre-financial crisis levels for the next...

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Global Smartphone Sales Boom By 47%

More than 427m mobile phones have been sold globally in the third quarter of 2012, with smartphones sales up 47% compared to a year ago. Market analysis firm Gartner said a rapid spread of smartphones means that a total of 169m of the hi-tech gadgets...

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Anti-Austerity Strikes: Protests Grip Europe

A wave of anti-austerity anger is sweeping across Europe with general strikes in Spain and Portugal and walkouts in Greece and Italy - grounding flights, closing schools and shutting down transport. Millions of workers are taking part in the dozens...

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