The London Stock Exchange hit stockbroker Blue Oar Securities with a massive £225,000 fine and publicly censured it over its conduct in floating a company on AIM whose shares rocketed thanks to a host of misleadingly optimistic statements... more
This Friday sees publication of Against the Grain: Lessons in Entrepreneurship from the Founder of Cobra Beer. Yes, indeed, Karan Bilimoria (Lord Bilimoria to you) has decided to dispense tips for would-be business stars. ... more
Tim Clarke has quit as chief executive of pub chain Mitchells & Butlers after losses on a disastrous hedging strategy spiralled towards £500 million ... more
Small-cap broker WH Ireland banned the Press from its annual meeting as it attempted to keep coverage of a stinging boardroom bust-up to a minimum... more
Stockbroking: The ownership of stockbroker Blue Oar Securities finally looked settled after rival WH Ireland agreed to pay £16.2 million to merge the two companies... more
TIMES are tough at Merton council. It’s ordered council employees who weren’t able to make it into work because of the snow, to account for the time from their annual leave.... more
Stockbroking: The £16 million bid battle for stockbroker Blue Oar Securities turned nasty as it accused two of the directors of hostile bidder Evolve Capital of being involved in no fewer than 28 companies that have gone bust... more
Lloyds TSB may be picking up HBOS, the UK’s biggest mortgage provider, for a song but not everyone in the City believes its shares are a worthwhile investment... more
Pub companies battered by the credit crunch, the smoking ban and the worst trading conditions for a decade woke up to another headache - a fresh Government investigation into the industry... 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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