Hibu, the struggling owner of Yellow Pages, will this week be released from a long-outdated price cap on the rates it can charge for advertising in its telephone directories. The Competition Commission is expected to endorse findings by the Office of Fair Trading that directories' classified ad prices can no longer only rise in line with inflation. The cap originated before Yellow Pages were overtaken by the internet.
The Sunday Times: Healthcare giant in funding chase to beat loans deadline
Britain's biggest private hospital chain is racing to secure financing as it faces an autumn deadline to repay billions of pounds of loans. General Healthcare Group, which trades as BMI Hospitals, is in talks with its lenders over £2bn of debts that fall due in October. The group runs 72 hospitals treating more than a 1m patients a year. The business is now owned by a consortium including Apax Partners.
The Mail on Sunday: 'Tough year' swings handbag maker Radley into the red
Luxury handbag maker Radley has plunged into the red after "a tough trading year" that saw retailers slash prices in a bid to attract shoppers. The London-based brand saw reorganisation costs push it from profits of £3.1m to losses of £737,000 in the 12 months to April 2012. Turnover fell from £45m to £41.2m. The business was bought by private-equity group Exponent for £130m in 2007.
The Sunday Telegraph: Stelios to vote against easyJet chairman's re-election
Sir Stelios Haji-Iaonnou is set to reignite his fight with the board of easyJet, the low-cost airline which he founded and where he is the largest shareholder. He will vote against the re-election of chairman Sir Mike Rake, who has already announced his intention to stand down in the summer, and against the company's remuneration report.Reuse content