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Entries from August 2008

HSBC Profits Down By 28%

John Williams - Tuesday 05.08.08, 15:19pm

Europe’s biggest bank HSBC posted their profits for the first half of the year, with the message from chairman Stephen Green that this has been a ”resilient performance in the most difficult market for several decades”.
The figures show a drop of 28% on the previous years posting, but the bank still managed to make £5.2billion on [...]

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Tags: Banking · City news · UK economy

Euro 2008 Champions Cost William Hill £3 Million

John Williams - Monday 04.08.08, 17:58pm

Good news for gamblers but not for the investors in William Hill, is the report that Spain winning the Euro 2008 tournament cost the bookies up to £3million.
None the less William Hill still managed to announce profits for the first six month’s trading in 2008 of £145million.
The company say that profits are down by 10% [...]

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Tags: City news · Personal Finance · UK economy

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