11/06/2002
'Robust bookings' indicate UK tourism recovery
UK tour operator First Choice has reported "robust bookings" in the six months to 30 April and said they showed that the UK tourism industry was on its way to recovery.
The firm said they had benefited from prudent planning for the summer, and that it had resisted any temptation to be over optimistic about trading conditions.
However, despite its optimism, losses for the firm over the six months grew to £59.8 million from £46.1 million for the previous half year.
First Choice chief executive Peter Long said his company continued to see a robust level of bookings and fewer holidays left to sell than this time last year.
The company had cut 1,100 jobs as the industry suffered in the wake of the September 11 attacks in the United States last year.
(MB)
The firm said they had benefited from prudent planning for the summer, and that it had resisted any temptation to be over optimistic about trading conditions.
However, despite its optimism, losses for the firm over the six months grew to £59.8 million from £46.1 million for the previous half year.
First Choice chief executive Peter Long said his company continued to see a robust level of bookings and fewer holidays left to sell than this time last year.
The company had cut 1,100 jobs as the industry suffered in the wake of the September 11 attacks in the United States last year.
(MB)
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Internet banking company Egg has announced a reduction in the company’s losses for the first six months of the year. Egg said that pre-tax losses were down 21 per cent to £63.4m in the first half of the year compared to £80.7m in the same period a year ago.
Internet bank Egg announce reduced losses
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25 January 2010
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Placement Employers To Be Recognised
The hunt is on to find the top 'placement employer'. The University of Ulster has just opened nominations for the prestigious awards noting that the accolades are designed to recognise the contribution that employers have made to student development through work experience in the past 12 months.
25 August 2011
€4bn Irish Trade Surplus Welcomed
It has emerged that the latest trade statistics indicating a €4.079bn seasonally adjusted trade surplus in June is the highest figure in a decade. Trade Minister Richard Bruton has welcomed the news and said that the figures show that the value of exports in June 2011 was up 5.6% compared to June 2010, at €8.343bn.
€4bn Irish Trade Surplus Welcomed
It has emerged that the latest trade statistics indicating a €4.079bn seasonally adjusted trade surplus in June is the highest figure in a decade. Trade Minister Richard Bruton has welcomed the news and said that the figures show that the value of exports in June 2011 was up 5.6% compared to June 2010, at €8.343bn.
04 August 2009
Northern Rock Rocked By Losses
A nationalised bank funded by huge amounts of taxpayers' money has reported a loss of £724.2m for the first six months of 2009. Northern Rock's losses accelerated when compared with a loss of £585.4m in the first half of last year. In stark contrast to the news yesterday that Barclay's pre-tax profits for the first six months of 2009 topped £2.
Northern Rock Rocked By Losses
A nationalised bank funded by huge amounts of taxpayers' money has reported a loss of £724.2m for the first six months of 2009. Northern Rock's losses accelerated when compared with a loss of £585.4m in the first half of last year. In stark contrast to the news yesterday that Barclay's pre-tax profits for the first six months of 2009 topped £2.
20 April 2004
Good year for Tesco as profits top £1.6bn
It has been a good year for the supermarket retailer Tesco which has seen pre-tax profits soar to £1.6 billion, according to the group's full-year preliminary statement issued today. In addition to driving up pre-tax margins by 17.6%, the company said that it had slashed its debts by £600 million, down to £4.1 billion. In the UK, sales grew by 14.
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