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Zaied-UK unemployment total falls to 2.49 million

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Zaied-UK unemployment total falls to 2.49 million

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Political-The government will have to pay less money to the unemployed

Legal-There will be more Tax payed

Social- it will help build the economy again.

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Aqeefa - Hilco takes control of retailer HMV

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Aqeefa - Hilco takes control of retailer HMV

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political-  no political

Legal -  they are breaking the law by having

illegal music and film downloads

Social - they have  awork force of 4,000 staff

and they have 223 uk stores

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Samah -UK public sector borrowing rises slightly in December 

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Samah -UK public sector borrowing rises slightly in December 

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political- it effects them because they could lose its

coveted AAA credit rating.

legal- the dont have enough money to give back what they borrowed

social-the shadow chief secretary said the governments economy plan was 'hurting but not working'

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sana- company taxes up 19% since 2005 says, PwC

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sana- company taxes up 19% since 2005 says, PwC

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Political- companies paid a total of £77.1bn

in tax in 2012. Other business tax such as

VAT and employer National insurance and

business rate all risen.

legal-

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ashia: Flybe plans 300 job cuts in revamp programme

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ashia: Flybe plans 300 job cuts in revamp programme

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social: i think that the social factor is that their has been 300 job cuts  within the business. they have cut the staff

memebers by 10% and have made a loss £1.3 m in 6mounths and made the profit of £14.3m early this year

legal: The job losses will be seen in the Flybe UK business. The airline said consultation with affected staff and their

trade unions would start immediately and will need more jobs because 300 people

will be made redudent so they will might want to take legal action and get compensation

political: the  i dont think their is no political factors to this strory

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Political - The government is having to pay out more money to the unemployed.

Legal - Unemployment case law will be saught for advice by unemployed. e.g. accumulating debts.

Social - Loss of jobs will affect human society.

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Polictical - no policitical factor

Legal -HMV lost money because of supermarket and online shop and illegal music and flim downloads.

Social - HMV has 223 UK stores in total, and a workforce of about 4,000

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Michael: HMN. Restructuring specialist Hilco takes control of retailer

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Michael: HMN. Restructuring specialist Hilco takes control of retailer

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POLITICAL:- HMV's administrators Deloitte said they were working closely with Hilco as they "continue to seek a positive outcome for the business".

LEGAL:- HMV has been hit by competition from online rivals, supermarkets, and illegal music and film downloads. IN-addition, Hilco, which already owns HMV Canada, has bought the debt of HMV from the group's lenders, Lloyds and Royal Bank of Scotland.

SOCIAL:- HMV has been hit by competition from online rivals, supermarkets, and illegal music and film downloads.

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Restructuring specialist Hilco has taken effective control of music and DVD retailer HMV.

Hilco, which already owns HMV Canada, has bought the debt of HMV from the group's lenders, Lloyds and Royal Bank of Scotland.

The debt deal paves the way for Hilco to gain full control of HMV.

HMV's administrators Deloitte said they were working closely with Hilco as they "continue to seek a positive outcome for the business".

"Stores continue to trade and at this time we remain hopeful of securing a long-term future for HMV as a going concern," said Nick Edwards, joint administrator at Deloitte.

HMV has been hit by competition from online rivals, supermarkets, and illegal music and film downloads.

'Viable' business

HMV's estimated debt was about £176m, but Hilco is believed to have paid much less than this to acquire it because the retail chain is in administration.

It is understood that the debt had to be purchased as a prerequisite to taking full control of HMV.

Hilco said in a statement: "Hilco UK confirms that it has acquired HMV's debt from the group's lenders. It has not bought the business itself.

"Hilco believes there to be a viable underlying HMV business and will now be working closely with Deloitte who, as administrators, are reviewing the business to determine future options."

An industry group of music labels and film studios, including Universal Music and Sony, were reported on Monday to favour a buyout of HMV by Hilco.

Hilco bought out HMV Canada from parent HMV group in 2011 for £2m, and this history means suppliers are likely to give a Hilco-owned HMV in the UK more favourable credit terms.

In Canada, Hilco said the support of HMV's key suppliers had been of "critical importance" to the business's performance.

HMV has 223 UK stores in total, and a workforce of about 4,000.

On Monday, the administrators for HMV said that the retail chain would start accepting gift vouchers in stores from Tuesday.

Deloitte, which had previously said that gift cards could not be redeemed in stores, said it had made the change after assessing HMV's financial position.

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Restructuring specialist Hilco has taken effective control of music and DVD retailer HMV. Hilco, which already owns HMV Canada, has bought the debt of HMV from the group's lenders, Lloyds and Royal Bank of Scotland. The debt deal paves the way for Hilco to gain full control of HMV.

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Christy- UK public sector borrowing rises in december 2012

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Christy- UK public sector borrowing rises in december 2012

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Political- the goverment borrowed slightly more than expected in Decemeber,

fears that the UK couls lose its coverted AAA credit ratings.

Legal- goverments borrowing more money and have no profits to return funds.

Social- a tresury spokeman insisted that the economy was healing and

that the figures indicated a gradual recovery.

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political-

Legal- the 300 hundred people that have been fire they would be

redundant and they might want to claim compensation.

Social- The 300 job cuts affects peoples lives.

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political- Rolls-royce has blammed goverment

defence cuts for the closure this will mean that

it will leave 378 people wihout a job now.

legal- because its something that the business

(Rolls-royce) have chose to do by letting go off

378 they will be some legal implications to it such

as by law they may have to pay all the workers out

which will mean rolls-royce loseing money.

social-the company normally employees 800 people

so now they wont be so the people who was gonna sighn

up there now wont.

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Shoqeeb - House sales rose 5%,highest in five years 

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Shoqeeb - House sales rose 5%,highest in five years 

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Political - Government targeted more sales for houses

by trying to give more mortage oppurtunities for people.

Legal - More people are trying to find mortatages and need legal

help from solictors and lawyers.

Social - more people are trusting the market and it has domino

affect especaily when these figures come out.