Money
Firms which can raise prices may be a good bet for future growth

ITV seeks new headhunters to find a chief executive

ITV has approached new headhunters to replace Russell Reynolds as the troubled television company steps up its search for a new chief executive and chairman to replace its outgoing boss, Michael Grade.

Market Report: Plain sailing for cruise operator Carnival

In these troubled times, what better than to get away from it all on a nice boat trip to, say, Hawaii or Alaska. Analysts at Credit Suisse were certainly recommending that investors carry on cruising yesterday, as they threw their support behind Carnival.

Market Report: Lloyds support comes from an unlikely ally

It was a rare chance for bosses at Lloyds Banking Group to break out the champers yesterday after analysts made a rare "buy" recommendation on the stock. Surprisingly the support came from RBS, perhaps signalling the part-nationalised banks are keen to stick together in these troubled times. Ian Smillie, analyst at RBS, said Lloyds offers a "compelling restructuring opportunity" and more than doubled his price target from 60p to 150p. "Margin expansion, cost control and normalising bad debts are key to a rise in return on funded assets to 1.1 per cent," he added. Lloyds rose 2 per cent to close at 98.72p.

Market Report: Bullish broker helps Rentokil's advance

Rentokil Initial strengthened last night after a broker outlined a path to recovery which could put the pest control-to-parcel delivery company's shares higher in the coming months.

Market Report: Overseas prospects prompt Glaxo upgrade

Pharma stocks firmed up last night, with GlaxoSmithKline gaining 2.6 per cent or 26.5p to 1,058.5p, after a leading broker turned positive on the sector.

US Senate passes law to toughen tobacco control

Historic legislation to curb smoking in the US, the world's second-largest tobacco market after China, passed the country's Senate yesterday, heralding a clampdown on advertising and a ban on flavoured products.

Imperial Tobacco shares dip despite sales boost

Shares in Imperial Tobacco (IMT.L) dipped today as the world's fourth-largest cigarette maker signalled dividend growth may moderate after it met forecasts with a 14 per cent rise in half-year earnings.



Market Report: Hays strengthens amid recovery hopes

Hopes of a re-rating in cyclical stocks strengthened Hays, the mid-cap staffing group which last night closed at its highest level since the summer.

Market Report: BAT climbs back as defensives recover

British American Tobacco traded higher last night, as defensive stocks, depressed by some sharp selling in the session before, staged a recovery.

Market update - 23 March

The FTSE 100 was 1.4 per cent or 54 points ahead at 3896.8 while the FTSE 250 advanced to 6336.8, up 1 per cent or 64.4 points, at around 11.30am. Sentiment was strong as investors awaited the details of the Obama administration’s bank rescue plan.

Rio hires new chairman to take up fight for Chinalco agreement

Jan Du Plessis faces battle to convince shareholders and regulators

Market Report: ITV should raise cash, says house broker

ITV's joint house broker reignited the rights issue debate last night, arguing that the broadcaster should tap shareholders for as much as £500m to mitigate balance sheet risks.

Market Report: Outlook fears sully sentiment around WPP

The advertising group WPP was unsettled last night, retreating to the bottom end of the benchmark index following a warning on its prospects as the recession bears down on revenues.

Market update - 11 March

The FTSE 100 was 15.3 points behind at 3699.9 while the FTSE 250 gained 38 points to 5992.8 at 11:58 am this morning.

The Footsie failures

Share prices have collapsed during the credit crunch, but the UK's benchmark indices understate the true havoc that's been wreaked upon the value of our largest companies. Nikhil Kumar reports
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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

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

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
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?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

Laughter, but no tears, as Letterman takes his bow after 33 years

Veteran talkshow host steps down to plaudits from four presidents
Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

Hozier's 'blasphemous' song takes Novello award

Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

Join the tequila gold rush

The spirit has gone from a cheap shot to a multi-billion pound product
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Make an impact and transform a room with a conversation-starting pattern
Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

Paul Scholes column

Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?