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Evening Standard column

Robert Lea

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Candover pulls plug on £2.7bn buyout fund

Blue-chip private-equity house Candover Partners became the first high-profile victim of the credit crisis today, terminating a €3 billion (£2.7 billion) buyout fund it launched last year

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Falklands: the final frontier

For a 20th century punctuated by truly bloody global conflicts, the battle for the Falkland Islands in 1982 is a historical peculiarity.

Go-Ahead loses airports baggage

Trains and buses group Go-Ahead has finally wrung the neck of the turkey in its group portfolio, its terminally loss-making airports handling business

Salamander in £54m Oz link to boost Thai power foothold

Salamander Energy, the London-based explorer which is drilling holes all over South-east Asia, is teaming with big Australian group Origin Energy to become a major player in the Thai power market

May Gurney targets capital for a recycling revolution

The recycling revolution is coming to a London borough near you soon

'Panic over' as Abu Dhabi steps in to stem Dubai crisis

The Stock Exchange in London breathed a sigh of relief as oil-rich Abu Dhabi stepped in to prevent neighbouring Arab emirate Dubai going to the wall

Black Friday’s looking brighter for US stores

American retailers were breathing a sigh of relief after steady business was reported over the Thanksgiving long weekend

As sheikhs thrash out a Dubai deal, the world awaits

Arab stock markets crashed as fears spread to Europe that Dubai’s financial crisis could infect its rich and powerful neighbour Abu Dhabi and could yet hammer lending to stricken Dubai World

Financial crisis could slay £2.3bn - Dragon takeover

The £2.3 billion Dubai takeover of London-listed Dragon Oil could be among the fall outs from the financial crisis in the Arab emirate

National Express plan supported by shareholders

An armada of dissident National Express shareholders was notable by its absence as the rights issue rebellion orchestrated by the train and coach group’s Spanish deputy chairman and major shareholder failed to materialise

Falklands factor pulls in City cash bonanza

The City is pouring money into the Falklands in two fundraisers, as the wind-swept British islands in the South Atlantic are targeted as one of the last great unconquered oil and gas frontiers

Rocketing retail sales add to optimism on High Street

Retail sales are growing at their fastest pace in two years, latest statistics reveal

Three lions of UK energy are worth a try

Energy analysis: National Grid, Centrica and SSE stand as beacons of British independence. Should shares of these Three Lions be a candidate for every desktop investor's portfolio?

New blow for National Express as it loses second rail franchise

National Express has received a second massive body blow, with the loss of its lucrative train franchise out of Liverpool Street to Essex and East Anglia

Water firms cheered by Ofwat U-turn on household bill cuts

OFWAT has stepped back from its declaration of war on high-charging water companies by reining in its plans to slash household bills

Hospitality spending slumps but catering giant Compass is on the up

The prawn sandwich is wilting and the champagne has not even made it on ice as big spending big business slashes the corporate hospitality bill

Price-fixing builders appeal over mega-fines

The Office of Fair Trading’s unprecedented £130 million fines on price-fixing builders was in chaos today after a fifth of them lodged appeals

Eurozone recovery beginning to slow, index suggests

The rate of economic recovery on the continent could be slowing, latest figures reveal

Divis hit as water giants are hung out to dry in Ofwat price review

Water giants Severn Trent and United Utilities are set to be hit so hard by this week’s Ofwat price review that they will have to slash their dividends by a fifth

Slump hits Northumbrian

Businesses slowing down or going bust altogether is holding back revenues at Northumbrian Water Group

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