United Kingdom's total value surges to '5.3 trillion

Other author's news:

• No state bail-out for Channel tunnel - The maverick group of French directors who seized control of Eurotunnel three months ago yesterday conceded defeat in their efforts to secure a government bail-out of the heavily indebted Channel tunnel operator.
• Black asks judge to block sale of Telegraph to Barclays - Lord Black yesterday embarked on a last-ditch attempt to block the sale of the Telegraph newspapers to the Barclay brothers, telling an American judge that the transaction was the result of a "fatally flawed" process.
• House prices keep rising - House prices rose by 2.1% during July, defying recent evidence that the pace of the market was beginning to ease, figures showed today.

Similar news:

• Axa profits surge to 1.4bn despite total sales remaining flat - AXA, the French insurance group, yesterday reported greatly improved profits but flat sales for the first half of this year, both globally and in the UK.
• United wants out - United Airlines told a federal bankruptcy court it likely would have to terminate its employee pension plans and replace them with leaner retirement benefits in order to survive.
• Profit Surges 30 Percent at United Auto - United Auto Group Inc., the nation's second-largest publicly traded auto dealer, Wednesday posted a 30 percent jump in fourth-quarter profit, bolstered by gains across its units.

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