GlaxoSmithKline has taken a group of private equity funds and strategic bidders through to a second round of the sale of its non-core over-the-counter products... more
Another day, another slump in Ocado's shares. The online grocer, which City wags are calling "the shopping basket case", hit yet another record low today... more
Has the sell-off in the energy explorers left some in the sector vulnerable to predators? That was the question from the oil boffins at Evolution Securities... more
The care homes businesses looking after hundreds of thousands of the UK's elderly are tottering under a £2 billion debt pile, figures compiled by the Evening Standard show today.... more
Has the software sector ever seemed so exciting? Today, whispers of a possible approach for Misys - a company whose ambition is "to be the world's best application software and services company" (stop yawning) - pushed the shares up 6.6p to 363.5p... more
London-based Aussie surfing fanatic sells his internet payment business Envoy to WorldPay for about $70 million just five years after launching it... more
De La Rue shares plummeted after French bidder Oberthur Technologies dropped its £925 million takeover offer in frustration at the British banknote printer's refusal to enter talks... more
Just days after Northern Foods chief executive Stefan Barden was part of the team which unveiled a merger with Irish group Greencore, he
has announced his departure for a new job... more
Grosvenor won’t say. Lloyds won’t say. But, rest assured, the bank is negotiating with the Duke of Westminster’s property company to take over a few of the bankrupt projects that have left Lloyds with a £60 billion real-estate headache ... more
With so few women making it to the top in business, those who do have the pick
of plum boardroom jobs — and can make
a fortune juggling up to six at a time... more
A leading City figure who is to be named the first woman president of Britain’s leading business lobby organisation the CBI has called for greater boardroom diversity... more
The mining bulls have run ahead of themselves. That is the verdict of Citigroup, which today urged caution in wake of the recent recovery in commodities stocks... more
Barclays has moved on to exclusive talks with London-based private-equity firm CVC Partners to sell its iShares exchange-traded funds business for £3 billion... more
Consumer: The food group behind Hovis and Mr Kipling has confirmed rumours that have been circulating in the City for weeks that it is seeking a sizeable cash injection from investors... more
WITH administrators and liquidators picking over corporate carcasses around the country and consigning thousands to the dole queue, step forward the annual Insolvency and Rescue Awards... more
Embattled investment bank Lehman Brothers is set to take the axe to 5% of its workforce, with another 1200 jobs at risk in what would be the fourth round of job cuts this year... 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:
8°c
