News

Advertising is like a faulty shower, ITV chairman Archie Norman once said, and the Downton Abbey broadcaster today showed again that is the case.

Royal Mail profit up to £404m

The Royal Mail increased its operating profit by £83 million in the last financial year to £404 million, a rise of 26%, despite facing a series of strikes by postal workers, the company announced today.

Regulator 'out of touch' over advertising ruling, says ITV

ITV has rounded on the Competition Commission after losing the battle to remove its advertising "straitjacket," saying the regulator was "out of touch" and had failed to understand the media landscape.

ITV boss dreams of World Cup success

ITV is facing "highly uncertain" markets in the second half of 2010 despite revenues increasing in the first three months of the year, the group's new chief executive admitted yesterday.

Business Diary: 01/05/2010

Warren Buffett gets his own cartoon show

He has already made a cameo appearance in The Simpsons, but now the world's best-known investor, Warren Buffett, is to get a cartoon series all of his own.

ITV lures away Channel 4 director

Channel 4's director of television is leaving the broadcaster to take up a post with ITV.

Cresswell tipped for GMG role

John Cresswell, ITV's former interim chief executive, has been touted for the top job at newspaper company Guardian Media Group (GMG).

Has ITV got the talent at last?

Things are looking up for the broadcaster with new chief Adam Crozier taking over as the advertising market rallies. Nick Clark reports

The City Diary: Still squabbling But James Caan't make up his mind

Slackbelly exposes The Good, The Bad and The Ugly of The Square Mile

Business Dairy: Consumer watchdog Lewis gets bitten

Martin Lewis is the scourge of the financial services industry, so often has his Moneysavingexpert.com website exposed its sins. But now regulators are targeting him. Lewis does a spot on GMTV, on which he often plugs his website. One viewer complained to Ofcom after being redirected to Moneysavingexpert.com. The watchdog has now ruled that the GMTV arrangement broke its rules.

FA board meet over Watmore resignation

Football Association board members are to hold an emergency meeting at noon today after being thrown into turmoil by the resignation of Ian Watmore as chief executive.

Watmore resignation stuns FA

Chief executive's decision highlights divisions between FA and the Premier League

Adam Crozier given £200,000 windfall for joining ITV

Broadcaster ITV today said it would pay incoming boss Adam Crozier a £200,000 windfall just for joining the company next month.

Postal workers win 6.9 per cent rise in Royal Mail deal

A deal aimed at ending the long-running postal workers dispute has been agreed , including a 6.9 per cent pay rise over three years. The working week will be cut and postal workers will have greater job security, while agreeing to deliver a "transformation" of the business.

ITV returns to profit thanks to cost-cutting and more ads

Strategic review begins with new chief executive set to join next month
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Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones