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28/07/2010
Connaught Faces Second FSA Investigation
The Financial Services authority (FSA) is probing integrated services provider Connaught after its shares dropped by 75%.
The City watchdog is investigating whether Connaught failed to disclose its terrible financial situation to investors ahead of last months shock profits warning.
The social housing maintenance firm has also admitted it is about to breach its overdraft terms.
Yesterday, Connaught announced that its shares had slumped to 31.46p, the second time in a month the firm's shares had fallen.
The company is also believed to be looking at job cuts to reduce its debt.
For further information Visit: Connaught Shares Freefall
(CD)
The City watchdog is investigating whether Connaught failed to disclose its terrible financial situation to investors ahead of last months shock profits warning.
The social housing maintenance firm has also admitted it is about to breach its overdraft terms.
Yesterday, Connaught announced that its shares had slumped to 31.46p, the second time in a month the firm's shares had fallen.
The company is also believed to be looking at job cuts to reduce its debt.
For further information Visit: Connaught Shares Freefall
(CD)
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Guman Stopped Near Blair's Home
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18 April 2003
WWI graves rediscovered in Al Amara
A cemetery containing the graves of thousands of British dead from WWI has been discovered at Al Amara, on the banks of the River Tigris in Iraq.
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A cemetery containing the graves of thousands of British dead from WWI has been discovered at Al Amara, on the banks of the River Tigris in Iraq.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
