General Busines News Snippets (Incl Video)
The Royal Bank of Scotland has chopped seven directors in a boardroom cull today. Good riddance to bad rubbish I say.
Volkswagen says sales fell 20% in January. Toyota, has said that it expects to make a 450 billion yen (GBP3.4 billion) operating loss for 2008, THREE times as much as it forecast as recently as December. This will be the first time Toyota has been in the red in 71 years.
In the final quarter of 2008 there were 2,428 corporate insolvencies in the UK, a 220% rise on the same period the year before.
British Airways has announced a £70 million loss in the nine months to 31 December.
Volkswagen says sales fell 20% in January. Toyota, has said that it expects to make a 450 billion yen (GBP3.4 billion) operating loss for 2008, THREE times as much as it forecast as recently as December. This will be the first time Toyota has been in the red in 71 years.
In the final quarter of 2008 there were 2,428 corporate insolvencies in the UK, a 220% rise on the same period the year before.
British Airways has announced a £70 million loss in the nine months to 31 December.