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Times Online November 12, 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

Investors threaten revolt over fundraising

Legal & General Investment Management and Aviva Investors are said to be concerned about high dilution of existing investors

Sterling hit as funding fears mount

Pound fell to a 12-year low on its trade-weighted index and a record low against the euro on government borrowing concerns

4,000 jobs go in a day as recession bites

Fears grow that the jobless total will be over two million by next year after a roll call of household names announced cuts

Crash forces car giants to seek rescue deals

The share price of General Motors has slumped to below its 1946 level while Ford and Chrysler face plummeting demand
OTHER HEADLINES
Analysis chevrons

Lessons to be learnt by HMS UK

Gordon Brown should take note of Vodafone's strategy for the recession as the telecoms giant battens down the hatches
Markets chevrons

Tempus: Babcock ... Playtech ... Penna Consulting

Babcock shares up after first-half results ... Playtech switches reporting currency to euros ... Penna thrives on upheaval

Volvo cuts ... Cookson profit warning ... Oil falls

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