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Archive for May, 2008

Equal Treatment for Agency Workers

That is the headline that has been trailed across the media following the Government’s recent agreement with the TUC and CBI on new rights for Agency Workers.
However the position is not quiet as stark as that.  It is proposed that the right to equal treatment will only apply once a worker has been in a job [...]

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DAILY STOCKMARKET REPORT 30 May 2008

Markets

London - House price gloom outweighed gains for energy stocks as the London market dipped into the red yesterday. Retailers, house builders and banks were all well into negative territory as investors fretted over the latest survey from Nationwide that showed a record 2.5% fall in house prices during May. Crude rising back up above $130 a barrel mark buoyed oil firms, but the downbeat sentiment elsewhere saw the FTSE 100 Index close 1.5 points down at 6068.1.

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DAILY STOCKMARKET REPORT 29 May 2008

Markets

London - The London market managed to keep its head above water yesterday as oil prices coloured the session’s trading. With oil hovering at around $129 a barrel - compared to last week’s peak above $135 - the likes of British Airways and cruise ship firm Carnival were among the FTSE 100 Index’s winners. But the dip saw oil majors like BP and Cairn Energy lose ground, although the Footsie clung on to an 11.1 point gain to 6069.6 thanks partly to a rush for insurers.

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DAILY STOCKMARKET REPORT 28 May 2008

Markets
London - Weaker oil and energy stocks after falling crude prices saw the FTSE 100 Index end a volatile session in the red yesterday. London’s blue chips seesawed through the day with spikes coming from healthy profits at mobile phone giant Vodafone and some better news from the US housing market. But losses in the mining and house building sectors and oil dipping back below the $130 a barrel mark weighed down the Footsie to leave it down 28.8 points at 6058.5.

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DAILY STOCKMARKET REPORT 27 May 2008

Markets
London - Heavy profit-taking in the mining sector, combined with weaker oil stocks, saw the London market end the week deep in the red on Friday. Gains for banks and retailers could do nothing to halt the decline caused by their heavyweight rivals, with miners taking the fallers’ board’s top six positions. The selling mood was helped by hefty

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