Finance

Out of the frying pan into the fire for BP’s Andrew Gowers

Some people have the gift of timing and others certainly do not. One such is the intelligent and personable Andrew Gowers who was replaced as editor of the Financial Times by US editor Lionel Barber in 2005. He then joined ...

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Santander grabs bigger UK market share

Spanish banking giant Santander has tripled its UK savings deposits to £3bn in the first quarter of 2010 and upped its lending to the hard-pressed small and medium-sized company sector by a healthy 18 per cent. The bank, which rebranded ...

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Party leaders limber up for third UK debate: but they won’t mention spending cuts because there won’t be any

No they won’t in any detail because the notion that the UK, under whichever government, is about to go in for swingeing spending cuts is complete nonsense. Only one government since the end of World War Two has actually cut ...

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Don’t blame the Greeks, blame the Germans for stock market carnage

All those Germans who take over Greek holiday resorts in the summer had better watch their step this year. Greece now looks increasingly likely to default on its debts, and maybe Portugal too, after the two main powers in the ...

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Does Rupert Murdoch really want to kill the New York Times?

‘The Old Gray Lady’ as the New York Times is known in the US is flagging a bit, burdened by huge debts as the advertising tide has gone out and, its critics would say, hamstrung by too many hacks who ...

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Owners plan $21bn sale of market researcher Nielsen

The six private equity owners of market research giant Nielsen are planning an IPO (initial public offer) of the firm they bought a couple of years ago for $10bn for between $17bn and $21bn. This is a mightily optimistic bet ...

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Acxiom is biggest US agency, Edelman tops global PR rankings

Acxiom from Arkansas that is, a direct marketing and customer relationship agency that has topped Advertising Age’s survey of US agencies. Arkansas is Wal-Mart territory of course but Acxiom’s biggest clients are Procter & Gamble, AT&T and Macy’s. This is ...

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ITV eyes Five – or is this another stage in the CRR fight?

The Sunday Times Business News reports today that new ITV chairman Archie Norman, a veteran dealmaker, is eyeing a takeover of RTL-owned Five to boost his station’s share of the shrinking terrestrial ads market in the UK. Such a move ...

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