And in the real world... public borrowing, Tiscali, UBS and more

LONDON - Today's round-up of the biggest business stories.

World news...round-up
World news...round-up

Several hundred more British banking jobs will be lost in the coming months following an announcement by UBS, the Swiss financial group, that it plans to slash its global workforce by 8,700 staff by the end of next year.
Source: The Daily Telegraph

In next week's Budget, Alistair Darling, the Chancellor, is expected to announce that annual public borrowing is set to rocket to almost £175 billion over the next two years.
Source: Financial Times

The debt-laden Tiscali, one of Britain's biggest internet service providers, may not be able to survive in its current form, according to auditors.
Source: Daily Mail

Purchases of food, drink, clothing and footwear bolstered overall spending last month, more than offsetting declines in purchases of big-ticket items such as furniture, according to the British Retail Consortium.
Source: Financial Times

Become a member of Campaign from just £45 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk ,plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

Partner content

Share

1 Why creative people have lost their way

What better way to kick off Campaign's relaunch than with another think piece on the current failings of our industry, written by an embittered, pretentious creative who misses "the way things used to be"...

Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).