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Times Online October 22, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

King warns of 'long march' out of recession

The Bank of England's Governor admits a recession is likely and predicts a 'long, slow haul' ahead to restore UK growth

Chancellor battles for small businesses

Alistair Darling and Lord Mandelson will meet chiefs of Britain's banks to urge them to increase small business borrowing. Watch our video

GSK makes Horlicks of keeping health claim out of UK

The ASA has thrown its book at GlaxoSmithKline for an advertisement that says children who drink Horlicks are healthier

Young laugh in the face of high street gloom

Britain's followers of fashion have gone where their elders fear to tread to keep tills clicking at Debenhams and Arcadia

OTHER HEADLINES
Analysis chevrons

Tucker is right to look at acquisitions

Mark Tucker, chief executive of the Pru, can't be terribly pleased with Goldman Sachs, whose note sent Pru's shares into a tailspin

Markets chevrons

Tempus: Tullow Oil ... Laird ... St Ives

Tullow Oil announces discovery in Uganda ... Laird warns growth targets unlikely to be met ... St Ives faces rising net debt

£3bn Icesave plan ... Centrica project ... UAL loss

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