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Wednesday 22nd of February 2012
March 1, 2005

Pearson blames dollar for profits short-fall

Pearson, the publishing company behind brands such as Penguin books and the Financial Times, fell 6% to £386m in 2004 from £410m a year earlier.
The fall in profits was blamed on two square factors, being the low value of the dollar, and also loss of sales from the Penguin books arm of the company itself.
Penguin […]



Retail sales up, but only slightly

The CBI has published figures from its members that show retail growth was positive in February, but only just.
The CBI reported overall that said 30% of firms reported sales volumes up on a year ago, while 28% said they were down. The balance of +2 was against -3 for January.
The CBI blamed high personal date […]