tutor2u Business Studies Blog

Tracker Pixel for Entry

Peston’s Hat-trick - Bradford and Bingley is Nationalised

Saturday, September 27, 2008
Print Tweet This!Save to Favorites
Recommend on Google+

Once again BBC Business Editor has broken price-sensitive news, announcing about 5 minutes ago that Bradford & Bingley is to be nationalised…

image

First it was Northern Rock, then it was Lloyds HBOS.  Now Robert Peston’s insider contacts have again allowed him to break news about a quoted company well before the company itself is able to publish price-sensitive information via the Stock Exchange.  Peston’s blog is certainly becoming the place to go for first news of the big stories!

I wonder whether the Stock Exchange will think that it is worth investigating the source of Peston’s announcements.  There is a common theme - they all involve highly confidential information relating to the financial problems experienced by the UK banking sector; information that will be privy to a relatively small group of people involved in the regulation of the sector.

What must the Board of B&B be thinking just a few miles away from here?


blog comments powered by Disqus




BUSINESS TEACHER RESOURCE NEWSLETTER
Get first news of business teaching resources, ideas and other materials from tutor2u. Over 9,400 business teachers from the UK and around the world receive our regular teacher email newsletters. Sign up for free here!

*  Your Email Address:
*  Preferred Format:
    Full Name:
*  Country:
    Job / Position:
    Postcode:
    School / College:
    Town / City:
    AS/A2 Applied Business Board:
    AS/A2 Business Studies Board:
    BTEC First:

    BTEC National in Business:

    GCSE Applied Business Board:
    GCSE Business Board:
*  Enter the security code shown:







Popular Topic Tags

recession, demand, prices, price, unemployment, profit, economics, costs, investment, inflation, supply, employment, trade, competition, gdp, risk, china, debt, euro, entrepreneur, capacity, production, innovation, downturn, tutor2u, revision, pay, exports, manufacturing, confidence, profits, food, incentives, banks, strategy, globalisation, aqa, expectations, oil, csr, usa, startup, retailers, housing, productivity, sterling, supermarkets, takeover, google, economies of scale, mortgage, cash flow, advertising, quiz, leadership, property, buss4, tesco, economic growth, video, efficiency, enterprise, motivation, stakeholders, apple, deflation, corporate social responsibility, ebea, market share, airlines, pricing, taxation, merger, slowdown, bank of england, acquisition, interest rates, market failure, borrowing, competitiveness, sustainability, product life cycle, credit crunch, budget deficit, aqa business studies, facebook, twitter, aqa business, bbc, nelson thornes, philip allan updates, starbucks, philip allan, monopoly, diversification, recruitment, organic growth, stocks, training, oligopoly, starter activity, shareholders, uk economy, poverty, emerging markets, dollar, government failure, retailing, management, suppliers, buss1, marketing mix, tim harford, cpi, branding, opportunity cost, breakeven, government spending, hodder education, vat, product, customer service, eu, losses, wages, evaluation, india, external growth, wealth, environment, edexcel, location, promotion, technology, information failure, business studies revision, sources of finance, franchise, aqa gce business, elasticity, regulation, spare capacity, welfare, jobs, economic cycle, marketing, zondle, strategic direction, british airways,
View all tags for the Business Blog
Blog RSS feed Blog RSS Feed

Latest entries

Categories