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Times Online July 21, 2008

BUSINESS BULLETIN

Dear Reader

Visit Times Online today for dynamic business news and views, market charts and sector analysis, plus your chance to comment.

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Today's top stories

Big companies delay suppliers' cash

Payment delays of more than 100 days are the biggest squeeze on the cashflows of smaller suppliers since the early 1990s

Average home asking price down £4,000

Homeowners are resorting to increasingly aggressive price cuts in an effort to sell properties, according to Rightmove

Banks try to offload £3.6bn of HBOS shares

The lead underwriters on the £4 billion rights issue have two days to place shares not taken up by existing shareholders

'Gold standard' plan for mortgage securities

The Treasury is to consider proposals as part of an interim report to the Chancellor by the deputy chairman of the FSA
OTHER HEADLINES
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Happy ending likely once horror ends

We remain fortunate to live in an economy that, for all its shortcomings, is dynamic and flexible
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Wimpey woes... BAE bonus... Shell sells

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