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 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
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