Sunday, 18 January 2009


Lloyds resists Government share offer

Lloyds Banking Group is to resist an imminent offer from the Government to convert its preference shareholding into ordinary equity in an attempt to avoid falling under state control.

CVC planning to deliver a bid for Royal Mail

Private equity group CVC Capital Partners is drawing up plans to buy a stake in Royal Mail

'Action needed now to avoid depression'

Peter Spencer, chief economic advisor to the Ernst & Young ITEM Club said that quantitative easing is needed immediately

Shoppers leave the M&S store in Shanghai

M&S fires China boss

Marks and Spencer has fired its managing director in China, just three months after launching its flagship store in Shanghai.

Former Exel boss Allan to take chair at DSG

John Allan, the former boss of the distribution group Exel, is to become chairman of electricals retail group DSG International

Planet 51 will be released over the US Thanksgiving weekend

Handmade film wins coveted US Thanksgiving slot

Sony revealed it would be releasing Handmade Films' first British computer-animated blockbuster over the US Thanksgiving weekend

Why Channel 4 boss has switched on to BBC deal

Andy Duncan, C4 chief executive

Andy Duncan tells Amanda Andrewshe believes the broadcaster's future lies in linking up with BBC Worldwide

Postcards from No Man's Land: high street desertion

James Hall assesses the extent of the damage being suffered by retailers as a result of the economic downturn