Finance

Centerview sets its sights on fmcg companies – first stop United Biscuits

Centerview is a US-based private equity and advisory operation specialising in consumer goods companies and it’s being retained by companies all over the place who are convinced that stock market values don’t reflect the value of the other companies they’d ...

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Poundland sends profits soaring by winning over the middle classes

Two interesting trends emerged today when Poundland, the discount store group that sells over 3,000 items for £1 each, produced spectacular results — pre-tax profits up from £8.6 million to £19.8 million, with sales rising by 28.9 per cent to ...

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Media buyers demand subscriber figures from Murdoch

As reports suggest the News of the World will erect a paywall in October, followed by the Sun, there are ominous rumblings from the media buying fraternity about News International’s worth as a digital brand, now that its unique users ...

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Will Murdoch's digital paper make a pioneering profit?

In his latest attempt to make digital news content pay, Rupert Murdoch is launching a new digital paper in the US, geared specifically to younger readers and available on outlets like the iPad and mobile phones. While making any kind ...

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Apple disappoints Playboy fans

Playboy magazine enthusiasts who have excitedly signed up for its new premium-priced iPad app have been bitterly disappointed by the absence of certain fundamental content traditional to the magazine. The online tech and media forums have been full of complaints ...

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We all knew the UK Premier League was a crooks and chancers charter – but now the Chinese government wants to buy Liverpool!

It’s one thing Abu Dhabi buying Manchester City (it’s only an allotment with a generous supply of oil wells) but the Chinese Development Corporation (possibly the biggest pile of free cash the world has ever seen) wanting to buy Liverpool ...

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UK economy booms in second quarter – is it too good to last?

Almost certainly it is as growth of 1.1 per cent between April and June, the highest since 1999, would indicate an annual growth rate of 4.4 per cent, way ahead of even the most optimistic forecasts and one which would ...

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