News

In the midst of London’s stock market IPO boom, one mid-tier technology group is about to bid auf Wiedersehen.

Strauss in action at Lord's

Strauss silences detractors and puts England in charge

West Indies 243 v England 259-3

Shares in rig maker Lamprell sink after profit warning

Shares in the offshore oil rig maker Lamprell more than halved in value yesterday as it issued a stark profits warning. It had been due to update the market today but had to rush out the warning when it discovered how serious matters were.

Skiers and miners lift Compass profits

Supplying healthy US hospital food, Disney’s staff canteen, the Mammoth Mountain ski resort in California and miners canteens in Australia all helped Compass post a strong 7.7 per cent rise in first-half profits today.

Willie Mullins won both Grade Ones yesterday at rain-hit festival

Derby deal delights as Mullins masters muddy Punchestown

The barometer may be set fair for its most venerable prize, given a spectacular vote of confidence from the sponsors of the Derby yesterday, but otherwise the Turf seemed to lie in a soggy, midwinter time-warp. The steeplechases scheduled at Punchestown were abandoned, and the remaining hurdle and bumper races run in conditions bordering on the farcical. An inspection will be required this morning to pass the course for a card that features the outstanding mare, Quevega.

GDF Suez pays £6.4bn for rest of International Power

GDF Suez has finally agreed on a deal to scoop up the 30 per cent of the UK energy provider International Power (IPR) that it doesn't already own – but only after raising its offer by 7 per cent to £6.4bn. In a clear victory for International Power's independent board committee, the French company increased its bid from 390p a share to 418p, two weeks after the board's six directors unanimously rejected its previous offer for being too low.

GDF pays £6.4bn for full control of Int'l Power

GDF Suez has finally agreed on a deal to scoop up the 30 per cent of the UK energy provider International Power that it does not already own – but only after the French utility raised its offer by 7 per cent to £6.4bn.

Melrose chiefs in shares tax move

Top executives in the engineering turnaround group Melrose have placed some £68m worth of shares to pay their tax bills on the £126m of free stock they received under a five-year incentive plan.

Market report: Unilever falls out of favour for first time in 17 years

Seventeen years is rather a long time. 1995 saw the release of Braveheart, the collapse of Barings Bank and the departure of Robbie Williams from Take That. Perhaps less notably, it was also the last time Investec did not believe Unilever shares were worth snapping up – until now.

After scandal, Swiss come clean with a new governor

The uproar over his wife's currency dealings may have cost Swiss National Bank governor Philipp Hildebrand his job, but the auditors have at least given his likely successor Thomas Jordan a clean bill of health.

Clinton Cards puts for sale sign over Birthdays

Clinton Cards, the greetings card retailer, has put its ailing Birthdays chain up for sale, as the group's new chief executive seeks to turn around its performance.

BP shares are lifted by £4.9bn settlement over oil spill in Gulf

Shares in BP yesterday rose by nearly 2 per cent as the City digested the oil major's £4.9bn settlement with restaurants, fishermen, hotel owners and other businesses and individuals affected by the Gulf of Mexico disaster.

Hotels from hell: Basil Fawlty cut corners, but small acts of kindness will help encourage guests to return

Mark Jones: Treat guests badly and they won't come back

The view from here

Leading article: A betrayal of victims of domestic abuse

The Government was already in trouble with Britain's women – what with the Prime Minister's series of rather patronising remarks and the protests from feminist groups that the Chancellor's budget cuts fall harder on one gender than the other.

Olympic rings are towed on the Thames yesterday past the Royal Naval College at Greenwich, where equestrian events will be held in August

Get it right on tickets, warns Sports Minister

Robertson tells Games organisers Locog they must offer better service to the public in April

Surge in complaints against banks over pension, insurance and mortgage deals

Tens of thousands of consumers have been forced to take their PPI claim to the ombudsman

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Kate Bush, Hammersmith Apollo music review: A preamble, then a coup de théâtre - and suddenly the long wait felt worth it

Kate Bush shows a voice untroubled by time

A preamble, then a coup de théâtre - and suddenly the long wait felt worth it
Robot sheepdog technology could be used to save people from burning buildings

The science of herding is cracked

Mathematical model would allow robots to be programmed to control crowds and save people from burning buildings
Tyrant: Is the world ready for a Middle Eastern 'Dallas'?

This tyrant doesn’t rule

It’s billed as a Middle Eastern ‘Dallas’, so why does Fox’s new drama have a white British star?
Rachael Lander interview: From strung out to playing strings

From strung out to playing strings

Award-winning cellist Rachael Lander’s career was almost destroyed by the alcohol she drank to fight stage fright. Now she’s playing with Elbow and Ellie Goulding
The science of saturated fat: A big fat surprise about nutrition?

A big fat surprise about nutrition?

The science linking saturated fats to heart disease and other health issues has never been sound. Nina Teicholz looks at how governments started advising incorrectly on diets
Emmys 2014 review: Can they genuinely compete with the Oscars

Can they genuinely compete with the Oscars?

The recent Emmy Awards are certainly glamorous, but they can't beat their movie cousins
On the road to nowhere: A Routemaster trip to remember

On the road to nowhere

A Routemaster trip to remember
Hotel India: Mumbai's Taj Mahal Palace leaves its darker days behind

Hotel India

Mumbai's Taj Mahal Palace leaves its darker days behind
10 best pencil cases

Back to school: 10 best pencil cases

Whether it’s their first day at school, uni or a new project, treat the student in your life to some smart stationery
Arsenal vs Besiktas Champions League qualifier: Gunners know battle with Turks is a season-defining fixture

Arsenal know battle with Besiktas is a season-defining fixture

Arsene Wenger admits his below-strength side will have to improve on last week’s show to pass tough test
Pete Jenson: Athletic Bilbao’s locals-only transfer policy shows success does not need to be bought

Pete Jenson: A Different League

Athletic Bilbao’s locals-only transfer policy shows success does not need to be bought
This guitar riff has been voted greatest of all time

The Greatest Guitar Riff of all time

Whole Lotta Votes from Radio 2 listeners
Britain’s superstar ballerina

Britain’s superstar ballerina

Alicia Markova danced... every night of the week and twice on Saturdays
Berlin's Furrie invasion

Berlin's Furrie invasion

2000 fans attended Eurofeurence
‘It was a tidal wave of terror’

‘It was a tidal wave of terror’

Driven to the edge by postpartum psychosis