Daily Mail & General Trust gives an indication it is looking to sell its US trade-show business George Little Management with a rumoured price tag of $200 million (£123 million)... more
Buy everything. That seemed to be the mantra among investors today, sending the FTSE 100 back above the 6000 barrier, gold to a record high and silver to prices not seen since 1980... more
Publishing and exhibitions giant Reed Elsevier, owner of New Scientist and Farmers Weekly, warns that some of its print magazines are under renewed pressure... more
Reed Elsevier still on track to meet its forecasts but notes that any sustained recovery will be gradual as subscription revenues in professional markets remain weak... more
Market Round-up: One yarn on the rounds is that Smiths Group is going to be broken up, after UBS fuels talk of an imminent restructuring of the technology group... more
Bookie Paddy Power normally runs a fun bet titled Premier League Sack Race on top-flight managers losing their jobs. Sadly, it doesn't offer odds on the same thing but for major chief executives...... more
Reed Elsevier, publisher of Farmers Weekly and New Scientist, has parted company with its chief executive Ian Smith after less than a year in the job ... more
Life insurers were shining again today as bid rumours continued to ignite the sector and Deutsche Bank gave a glowing verdict on its prospects ... more
Banks will be back in the spotlight next week when they report second-quarter profits. But if the pin-stripes in the boardroom were expected to suffer from a touch of nerves, they were not showing it ... more
The Chancellor of the Exchequer’s Budget was cynically seen by some in the City as an old fashioned move to soak the rich in order to dish out more to the poor with an eye on the next General Election.
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Housebuilders were the outright winners of the move by the Bank of England monetary policy committee to slash interest rates by a full percentage point to just 2%... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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