IPC Media, Britain's biggest magazine publisher and the owner of Marie Claire and NME, saw operating profits jump 12% to £51.3 million last year but revenues bounced back only 1.5% to £356 million - thanks in part to the group's decision to start selling off non-core titles such as Loaded... more
Some good news for the Marylebone Cricket Club. JPMorgan, arguably Wall Street's most successful bank, has stepped in with a major, four-year sponsorship deal for Lord's, including its media centre... more
A victory for employees in the battle between staff at Eaga, the energy-saving specialist bought by Carillion for £306million last month, and management... more
The interesting thing about Project Merlin was that it was Government trying to call the banks to account, rather than the shareholders. It is perhaps a sign of how far we have strayed from risk-based capitalism in the financial sector that no one really noticed... more
In the air: Don’t expect any decision soon from Vince Cable about whether to launch a competition investigation into News Corporation’s bid to buy the rest of BSkyB... more
A recent study by Baring Asset Management found that an astonishing number of British adults — more than four million — were seriously considering an investment in emerging markets in the next 12 months... more
Interview: David Kershaw’s nerves are frazzled but it’s not because the M&C Saatchi chief executive has just won the Tories’ advertising account... more
City Comment: It matters not one jot whether Tidjane Thiam takes his Société Générale job or not - Pru shareholders just need to focus on the insurer's £23 billion Asian AIG deal... more
City Comment: A quite astonishing amount of money is pouring into emerging markets - while growth in the West is likely to be flat, most developing economies are recovering swiftly from the global recession... more
City Comment: It is an odd world where the possible loss of a few hedge funds and its impact on business tax arouses more concern than the loss of Cadbury... more
Coming back from their holidays the big dilemma faced by investors is whether or not to bet on economic recovery by taking a plunge into the stock market ... more
Move over Mendes, watch out Nunn, Rupert Goold's production of Enron is the critical hit of the summer, and his Kubrick-inspired take on Shakespeare thrills modern audiences... more
Now is graduation time for universities and business schools around the country - a time not only to reward students but also distinguished public figures with honorary fellowships... more
It was only this week that I realised how fraught is the world of corporate governance following the debacle of the banks and the subsequent suggestions that shareholders should in future do more to rein back management whose strategies seemed to embody excessive risk ... more
If only the latest bunch of hapless recruits on The Apprentice had read Glow, a self-help book for achieving in the global workplace, they might have learned what it really takes to work for Srlan... more
Sir Peter Lampl gave up a lucrative career in management consultancy and finance to try to create a fairer education system for children from poorer backgrounds... more
The package of measures which the Government announced this week and which are designed to help people through the housing downturn were billed in advance by the Government’s PR machine as a solution to the credit crunch. In fact, they turn out to be more a symptom of government’s malaise.
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Tim How has seen Majestic Wine Warehouses boom during his long stint in charge as Britons' enthusiasm for and appreciation of wine has blossomed
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Whether or not the nationalisation of Northern Rock turns out to be a good idea or a financial disaster hinges very much on what is going to happen to house prices. If they plunge and the bank's bad debts soar, the losses will be huge. If stability returns, the current slowdown will not matter too much because Rock will be able to trade its way through, although it will have to shrink a bit... 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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