BGN Entrepreneur

A GBP10.5 billion plan to buy air-refuelling tankers for the Royal Air Force is being reconsidered by the Government after concerns were raised over the value of the deal.
Ministers could srap the project or sell one third of the aircraft to France after it emerged that the consortium supplying the aircraft spent GBP100 million on [...]

UK’s biggest supermarket group—Tesco secretly purchased a town centre via a front company and let it become essentially derelict in an approach to secure a landmark regeneration deal.
Three years ago, Tesco won applause from councillors and local residence when it brought the centre of Linwood in Renfrewshire, and promised to redevelop its crubling 1960s shopping [...]

The accounting practices at Connaught has been audited by PwC ever since 2006. Now, it is independently reviewed by Deloitte.
It is said that the accountancy issues at Connaught are expected to have influenced more than just the beleaguered property service group’s social housing maintenance division.
The development may affect the capability of Connaught to sell parts [...]

According to United Business Media, it is said that Burgeoning demand in China helped the British company to push up forward bookings for key trade shows next year. releasing half-year results in line with expectations, the exhibition and publishing group said that forward bookings for its top 20 events were up by 12%.
In the half [...]

It is incredible that California, that most peasant and prosperous of places, is pretty much broke. Even when Governor Arnold Schwarzenegger compared California to history’s great nation states a few years ago, beaming that his adopted home had the ideas of Athens and the power of Sparta, it didn’t seem hugely hubristic. Unfortunately, as he [...]

Financial markets suffered further uncertainty as gloomy data on the US housing front vied with another batch of robust corporate earnings, keeping alive the debate over the likelihood of a double-dip recession.
Adding to the nervous mood among investors was a downgrade for Ireland’s credit rating and news that budgetary talks between the IMF, the European [...]

Wall Street was a fraction firmer as an early advance on the back of deal activity and encouraging earings news from Halliburton was mostly erased by news that housebuilders were losing confidence.
By midday, the S&P 500 was up by 0.1% at 1066.21, the Dow Jones Industrial Average was up by 0.2% to 10114.93 and the [...]