Business News: Burberry, PizzaExpress, Paddy Power Betfair, Oil industry
NEARLY £400million was added to Burberry’s market value yesterday after stakebuilding by a mystery investor fuelled talk of a possible takeover. Daily Express :: Finance Feed
REVEALED: China’s arms industry BOOMS as it DOUBLES weapons exports in five years
CHINA has almost doubled its weapons exports in the past five years as it pours cash into its rapidly-advancing arms industry, according to a military think tank. Daily Express :: World Feed
Has the tech bubble burst? Market fears as shares in industry giants plunge
SHARES in the world’s biggest technology companies plunged in today’s trading, pointing towards what could be the start of another bursting bubble. Daily Express :: Finance Feed
Extra £4billion for victims of PPI sends industry bill through the roof
Barclays, HSBC and Lloyds Banking Group are expected to set aside an additional £4billion to compensate victims of payment protection insurance mis-selling, taking the industry bill to £35billion. Daily Express :: Finance Feed
City news: UK exports, British car industry and Telecom
UK businesses have exported peanut butter to the Netherlands, tea to China and sausages to the Caribbean in what has been a “vibrant” year for the sector. Daily Express :: Finance Feed