<rss version="2.0" xmlns:msxsl="urn:schemas-microsoft-com:xslt" xmlns:Teletext="urn:schemas.teletext.co.uk" xmlns:t="http://feeds.teletext.co.uk/ns/1.0"><channel><title>Teletext City News</title><link>http://www.teletext.co.uk/city/city-news/default.aspx</link><description><![CDATA[Teletext.co.uk - City News]]></description><language>en-gb</language><lastBuildDate>Tue, 15 Dec 2009 07:33:49 GMT</lastBuildDate><image><url>http://www.teletext.co.uk/images/Logo64x64.gif</url><link>http://www.teletext.co.uk</link><title>Teletext.co.uk</title></image><item><description><![CDATA[US giant Kraft has hit back at Cadbury as a bitter &#163;10bn battle for control of the UK chocolate maker intensifies.]]></description><t:full_article><![CDATA[US giant Kraft has hit back at Cadbury as a bitter &#163;10bn battle for control of the UK chocolate maker intensifies.<br/><br/>Kraft has reiterated the strength of its hostile takeover offer after the Dairy Milk maker accused its rival of attempting to buy it on the cheap.<br/><br/>The Oreo firm said Cadbury was asking investors to "put faith" in meeting performance levels based on long-term targets it had never before achieved.<br /><br /> ]]></t:full_article><uid>ac41f3cff1e4dcc0ec8a33d5b356a999</uid><title>Kraft hits back</title><link>http://www.teletext.co.uk/city/city-news/ac41f3cff1e4dcc0ec8a33d5b356a999/Kraft+hits+back.aspx</link><guid isPermaLink="true">http://www.teletext.co.uk/city/city-news/ac41f3cff1e4dcc0ec8a33d5b356a999/Kraft+hits+back.aspx</guid></item><item><description><![CDATA[House prices continued to rise during November despite an increase in the number of homes put up for sale.]]></description><t:full_article><![CDATA[House prices continued to rise during November despite an increase in the number of homes put up for sale.<br/><br/>The Royal Institution of Chartered Surveyors said 35% more of its members reported a price increase during the month than those who reported a fall, the highest level since November 2006.<br/><br/>Rics said demand was strong, with a balance of 28% of surveyors reporting an increase in enquiries from buyers.<br /><br /> ]]></t:full_article><uid>c80755a5739c7158af7c90c44263aaff</uid><title>House prices still rising</title><link>http://www.teletext.co.uk/city/city-news/c80755a5739c7158af7c90c44263aaff/House+prices+still+rising.aspx</link><guid isPermaLink="true">http://www.teletext.co.uk/city/city-news/c80755a5739c7158af7c90c44263aaff/House+prices+still+rising.aspx</guid></item><item><description><![CDATA[New business secured with housebuilders and insurers has seen floor coverings retailer Carpetright lift interim pre-tax profit 15.8% to &#163;11m.]]></description><t:full_article><![CDATA[New business secured with housebuilders and insurers has seen floor coverings retailer Carpetright lift interim pre-tax profit 15.8% to &#163;11m.<br/><br/>Group revenue rose 9% to &#163;258m, and the firm hailed a &#163;23.7m reduction in net debt to &#163;73.4m in the 26 weeks to October 31.<br/><br/>Carpetright doubled its interim dividend to 8p - which it said underlined the board&#39;s confidence.<br /><br /> ]]></t:full_article><uid>47e6246073f064a7f26043c2c5860de9</uid><title>Sales lift at Carpetright</title><link>http://www.teletext.co.uk/city/city-news/47e6246073f064a7f26043c2c5860de9/Sales+lift+at+Carpetright.aspx</link><guid isPermaLink="true">http://www.teletext.co.uk/city/city-news/47e6246073f064a7f26043c2c5860de9/Sales+lift+at+Carpetright.aspx</guid></item><item><description><![CDATA[Public transport company Go-Ahead Group said it remains on track to hit first-half profit targets and has not changed expectations for the full year.]]></description><t:full_article><![CDATA[Public transport company Go-Ahead Group said it remains on track to hit first-half profit targets and has not changed expectations for the full year.<br/><br/>It added its bus arm continues to do well, with first-half operating profit set to be slightly ahead of the &#163;31.4m total in the same period last year.<br/><br/>Go-Ahead said it expects the sale of most of its aviation operations to be completed by the end of January 2010.<br /><br /> ]]></t:full_article><uid>70e92bb00664604a6efea84ef96cef22</uid><title>Go-Ahead &#39;on track&#39;</title><link>http://www.teletext.co.uk/city/city-news/70e92bb00664604a6efea84ef96cef22/Go-Ahead+&#39;on+track&#39;.aspx</link><guid isPermaLink="true">http://www.teletext.co.uk/city/city-news/70e92bb00664604a6efea84ef96cef22/Go-Ahead+&#39;on+track&#39;.aspx</guid></item><item><description><![CDATA[Costa Coffee owner <b>Whitbread</b> has agreed a &#163;36m takeover of Coffeeheaven, which operates 90 coffee shops across central and eastern Europe.]]></description><t:full_article><![CDATA[Costa Coffee owner <b>Whitbread</b> has agreed a &#163;36m takeover of Coffeeheaven, which operates 90 coffee shops across central and eastern Europe.<br/><br/><b>Wells Fargo</b> has become the last remaining US bank to announce it is repaying government bailout funds, with the proposed return of $25bn (&#163;15bn).<br/><br/> Outsourcing group <b>Serco</b> has said it remains on track to hit full-year financial targets.<br /><br /> ]]></t:full_article><uid>7220bfdf19e4de93faa9c56a857145fc</uid><title>More of the day&#39;s top business news</title><link>http://www.teletext.co.uk/city/city-news/7220bfdf19e4de93faa9c56a857145fc/More+of+the+day&#39;s+top+business+news.aspx</link><guid isPermaLink="true">http://www.teletext.co.uk/city/city-news/7220bfdf19e4de93faa9c56a857145fc/More+of+the+day&#39;s+top+business+news.aspx</guid></item><item><description><![CDATA[Do <b>YOU</b> want to probe a company&#39;s recent accounts and activities before making an investment, or check the performance of firms in your current portfolio?]]></description><t:full_article><![CDATA[Do <b>YOU</b> want to probe a company&#39;s recent accounts and activities before making an investment, or check the performance of firms in your current portfolio?<br/><br/>Teletext&#39;s Annual Reports Service, brought to you in partnership with PrecisionIR, offers a simple way to research thousands of firms by getting their company reports sent to you <b>FREE!</b><br/><br/>Just call <b>020 8391 6040</b> or visit our website at <b>teletext.co.uk/reports</b> NOW!<br /><br /> ]]></t:full_article><uid>a14801ccdba03ea5dc58e8fd40b02622</uid><title>Order FREE annual reports</title><link>http://www.teletext.co.uk/city/city-news/a14801ccdba03ea5dc58e8fd40b02622/Order+FREE+annual+reports.aspx</link><guid isPermaLink="true">http://www.teletext.co.uk/city/city-news/a14801ccdba03ea5dc58e8fd40b02622/Order+FREE+annual+reports.aspx</guid></item><item><description><![CDATA[<b>Hargreaves Lansdown:</b> Says Whitbread has brought some seasonal cheer to market with better-than-expected full-year predictions. Consensus opinion is buy.]]></description><t:full_article><![CDATA[<b>Hargreaves Lansdown:</b> Says Whitbread has brought some seasonal cheer to market with better-than-expected full-year predictions. Consensus opinion is buy.<br/><br/><b>Credit Suisse:</b> Upgrades Standard Chartered to outperform from neutral and lifts target price to 2000p after says it has limited exposure to Dubai. <br/><br/><b>Numis:</b> A successful bid by VT Group for Mouchel at up to 280p will be positive for VT. Buy and 714p target for VT.<br /><br /> ]]></t:full_article><uid>02f35162160fc4d57e59bb469bfdde01</uid><title>Latest broker reports</title><link>http://www.teletext.co.uk/city/city-news/02f35162160fc4d57e59bb469bfdde01/Latest+broker+reports.aspx</link><guid isPermaLink="true">http://www.teletext.co.uk/city/city-news/02f35162160fc4d57e59bb469bfdde01/Latest+broker+reports.aspx</guid></item></channel></rss>