Welsh consumer confidence is falling, says Nationwide

CONSUMERS in Wales are feeling the economic pinch more than any other part of the UK, according to research released yesterday. Read

FTSE closes in positive terrain

THE London market held firm in positive territory today for the third session running as soaring commodity prices and more cheer in the US banking sector boosted blue chips. Read

Clarification

We have been asked to point out that the company in discussion with RK Plywood referred to in a Western Mail story dated June 25 is BM Trada Certification Ltd, which is a privately owned company that is totally independent from Trada, the Timber Research and Development Association. We are happy to put the record straight. Read

Government prepares the Tote for sale

THE Government said today it was preparing to put its Tote horseracing bookmaker business up for sale on the open market this autumn. Read

Surge in profits for Domino's Pizza

Domino’s Pizza today said half-year profits and sales rose strongly as consumers opted to dine at home during the current economic turmoil. Read

MPC member calls for immediate interest rate cut

Britain needs an immediate cut in interest rates to avoid a prolonged recession, one of the country’s monetary policymakers warned today. Read

Train boss bonuses 'extraordinary'

It was "quite extraordinary" for rail bosses to get huge bonuses after passengers had been "humiliated and inconvenienced" by three major engineering overruns at the new year, a report by MPs said. Read

Shareholders shun HBOS rights issue

Banking giant HBOS has revealed that less than 10% of shareholders took part in its £4 billion rights issue. Read

Bank’s between a rock and a hard place over interest

THE Bank of England’s dilemma over runaway inflation and slowing economic growth will be laid bare on Wednesday when minutes of the latest interest rate meeting are published Read

Waiting for a Witty response to drug firm’s hard times

THE half-year results season will get under way this week with figures from Rolls-Royce and GlaxoSmithKline. Read

Tougher conditions take toll on Welsh firms’ business confidence

TOUGHER economic conditions are taking their toll on business confidence in Wales as company profits continue to decline, according to the latest Business in Britain survey from Lloyds TSB Commercial. Read

There’s an escape route from financial horror, says think tank

THE UK is heading for an economic “horror movie” and will struggle to avoid recession next year, according to an influential think tank. Read

Pizza venture Domino's upbeat outlook

Pizza delivery firm Domino’s will reveal tomorrow whether it has managed to keep up some impressive sales growth this year. Read

MPC's latest interest rate decision minutes

THE Bank of England’s dilemma over runaway inflation and slowing economic growth will be laid bare on Wednesday when minutes of the latest interest rate meeting are published. Read

Investors snub Barclays fund raiser

LESS than a fifth of Barclays’ existing shareholders opted to buy new shares in the bank as part of a £4.5bn fundraising scheme, the company said yesterday. Read

Finances buoyant at port authority as profits surge

MILFORD HAVEN Port Authority has reported one of its best trading years. Read

Rival buys Newport gun retailer D J Litt

ONE of the UK’s leading gun retailers, Newport-based D J Litt, which was put into administration in May, is understood to have been acquired by a rival. Read

King leaves law firm by ‘mutual consent’

THE marketing and business development director of one of Wales’ most successful law firms, Simon King, has quit. Read

Hotels warned to prepare as economic downturn bites

THE level of revenue generated by the UK hotel sector slowed in this half of this year, according to research from Deloitte Read

Google fails to click economic confidence

A 35% jump in second-quarter profits at Google yesterday failed to ease concerns about the impact of the ailing US economy on the internet search engine. Read