Business week in review
Sunday 07 July 2013
Viscount Rothermere strengthened his grip on the Daily Mail & General Trust on Monday when he bought a 29.3 per cent voting share stake held by family members. The £50m deal means that the publisher's chairman owns nearly 90 per cent of the business.
Angus Loughran might have been a figure of fun on Fantasy Football League, but he is the one laughing now. "Statto" was one of fewer than 100 shareholders in Opta who benefited from the £47m sale of the sports data firm on Wednesday.
Ted Burke, head of the Freshfields law firm, announced on Friday that turnover was up 7.2 per cent to £1.22bn last year.
...at a loss
Victoria Barnsley, long-serving boss of HarperCollins' British arm, departed on Tuesday as parent News Corporation moved much of the UK's responsibilities to New York. She was said to be tearful as she broke the news to shocked staff, but Barnsley said more formally that she was leaving "at the right moment".
Richard Ward confirmed his resignation as chief executive at the Lloyd's of London insurance market on Wednesday, ending months of speculation over the 56-year-old's future. He will step down in December.
Jerome Kerviel, the trader who ran up losses of €4.9bn (£4.2bn) at Société Général, lost his appeal to overturn his conviction on Thursday.
- 1 Stolen Instagram photo sells for $90,000
- 2 Before you complain about your GP, this is what you need to know about actually doing the job
- 3 UK's biggest male rape charity Survivors UK has state funding slashed to zero despite 120% rise in men reporting sexual violence and seeking help
- 4 'Don't blame all men for rape' campaign backfires spectacularly
- 5 Charlie Charlie Challenge explained: not a Mexican demon being summoned — it's gravity
UK's biggest male rape charity Survivors UK has state funding slashed to zero despite 120% rise in men reporting sexual violence and seeking help
Priest warns pupils the 'Charlie Charlie Challenge' is 'demonic activity'
'Don't blame all men for rape' campaign backfires spectacularly
Iran launches anti-Isis cartoon competition 'to expose true nature of Islamic State'
Fifa corruption arrests: Sepp Blatter 'quite relaxed' and confident he is 'not involved'
EU referendum: David Cameron's rules are a 'democratic disgrace', says French-born Scottish politician set to be denied a vote
The day that Britain resigned as a global power
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
Australian man punched in the face for defending Muslim women from abuse on train
A nation of inequality: How the UK is failing to feed its most vulnerable people
EU referendum: David Cameron to deny EU migrants and under-18s the chance to vote
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