News

Carphone Warehouse delighted the City today by regaining full control of its High Street business from US giant Best Buy, paying less than half of what it received for the stake in 2008.

Market update - 7 July

The FTSE 100 was up 25 points at 5437.8 at 12.07pm today. The Royal Bank of Scotland was the worst off on the benchmark index, down 9.35p at 196.9p, after Cazenove downgraded the stock to “underperform” from “in-line”. The broker also reduced its earning per share estimates by 12 per cent for 2009 and 24 per cent for 2010, citing higher corporate impairment.

Tips for making the most of your lawn

Here are the tips for success, and the tools of the trade, to get your patch of grass into tip-top condition

Retailers are latest to feel wrath of markets as sales slide

Carphone sheds 11% on broadband worries w Home Retail Group hit by Homebase sales fall

Market Report: Morgan Stanley rekindles DSG bid speculation

DSG International, the company behind the PC World retail chain, was firm yesterday after market rumours mooted the possibility of a bid from Best Buy, the American retail giant that recently entered in to a joint venture with Carphone Warehouse.

DSG to close 77 Currys outlets and slash dividend

John Browett, the new chief executive of DSG International, is to slash the company's dividend, close underperforming stores and try to improve customer service as he attempts to transform the fortunes of the Currys and PC World-owner.

Margareta Pagano: Carphone Warehouse's US connections ring all the right bells for Dunstone

Best Buy deal to 'revolutionise' European electronics retailing

Market Report: BA suffers turbulence as oil price hits fresh high

The persistent strength in the price of oil, which swung past $126 per barrel yesterday, bore down on British Airways, which fell 10.25p to 228.25p.

Best Buy calls for carphone

Best Buy's 50 per cent stake in Carphone Warehouse will give the US retailer a valuable opportunity to take its electronics business global, but don't bank on a takeover. By James Moore

Hurry – if you want to avoid paying tax on your savings

ISAs offer savers lots of benefits, but there are rules attached, says James Daley

Carphone Warehouse says outlook good despite sales fall

Carphone Warehouse has blamed tough trading on the high street for the retailer connecting fewer mobile phone customers than expected over Christmas.

Network: Casting the Net wide

AOL introduced the Internet to millions of users. But now it has to diversify.

Happy birthday, ISA

ISAs are a month old and a huge success story. But is it the right kind of success?smart travellers know that global events can result in holiday bargains.

Obituary: Howard Goodman

HOWARD GOODMAN'S work as Chief Architect, 1971-78, and later Director of Health Building, of the Department of Health, brought real benefit to the lives of millions of patients treated in NHS hospitals. The path of his career was liberally posted with milestone events in the development of health building in Britain.

Bagless wonder taken to cleaners

WHICH? consumer magazine yesterday entered the dust-up between rival vacuum-cleaner makers.

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Pompeii, Capri & the Bay of Naples
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Lake Garda
Minoan Crete and Santorini
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If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

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Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

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More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

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Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

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