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UK banks and the State
Government gives the UK banks it part-owns four years to shrink their businesses
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Carphone Warehouse results lifted by Tiscali
The broadband provider and mobile phone retailer reported a return to profit in the first six months of the year, boosted by the acquisition of Tiscali, as it prepares to demerge into two companies
Borders UK goes into administration
The troubled bookseller failed to find a buyer for its portfolio of stores and its collapse comes a year to the day after high street retailer Woolworths closed its doors
Inflexion agrees offer for FDM Group
The private equity group is set to load £13m of debt on to FDM Group after it won backing for a 141p per share takeover offer for the IT training group
BAE to cut 642 jobs
Defence contractor to cut nearly a fifth of jobs at Insyte business in response to falling demand, with sites in Cowes and Portsmouth likely to be worst affected
Walker report fans the wind of change
The Financial Reporting Council is outlining an amended Combined Code – the standard for good governance and shareholder rights for all groups listed in the UK
Water prices to remain flat
Water prices will remain broadly flat for the next five years, says the industry regulator in a move that cheered customers and tempered the pessimism of water companies, which had expected prices to fall, even as their costs rose
Interserve seeks PFI pension solution
The support services and construction group seeks to offset shortfall in scheme by injecting equity and mezzanine debt portions into it
LCH.Clearnet needs clear path to Washington
Chief executive Roger Liddell steps up US lobbying as key OTC clearing reforms get political and threaten to limit the scope of operations
Green light for Lloyds fundraising
Shareholders in the bank waved through its plans in spite of voicing frustration and anger with the bank’s directors at its general meeting
Not quite end of the line for NatExpress
The debt-laden bus and rail operator will be allowed to retain its remaining two rail franchises
Related content and features
Video: UK Daily View
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