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All those new business start-ups that the Government keeps promoting need new homes, and the likes of Regus have been providing them with just that.

Family shares pounds 35m after Southern deal

The ranks of newspaper millionaires swelled yesterday as two family- owned businesses were snapped up by bigger rivals. The Bailey family, headed by Peter Bailey, the group's chairman, will share pounds 35m after their Gloucestershire business was bought by Southern Newspapers. Martyn Williams, commercial director, and Nick Priest, finance director who both married Bailey women, will also become millionaires. Bill Gibbs and his family stand to make almost pounds 20m from the pounds 52m sale of Home Counties Newspapers to Johnston Press.

United News & Media to sell regional newspapers

United News & Media has put its regional newspaper interests up for sale with a price tag of more than pounds 400m. The move follows months of speculation that Lord Hollick's media group would ditch its regional papers in order to focus on television and national newspapers. Cathy Newman reports.

Overnight fall in New York sends Footsie into retreat


The Investment Column: Paper prices cut Smurfit's profits

Jefferson Smurfit, the world's largest maker of cardboard boxes, has been through the mill (so to speak) over the past two years or so. It is less than 18 months since the paper group was hailing its 1995 profits as the biggest ever made by an Irish company, but even then it was recognising that the seeds of its own nemesis were being sown in the form of collapsing prices in an over-supplied market.

Mirror in talks with Midland newspaper group

Mirror Group announced yesterday that it is in talks with Midland Independent Newspapers, owner of the Birmingham Post, about a possible bid for the company.

It's time to catch up with reality

Full results will soon be out at virtually the same time as the preliminaries. Gerry Acher wants to bring down the paper mountain

Regional paper publisher in bid talks

Adscene, the regional newspaper publisher, is holding "serious talks" with a potential bidder, according to industry sources. A takeover would be the latest sign of further rationalisation of the regional newspaper market.

Emap profit of pounds 51m puts feud in back seat

Emap, the media company in the throes of a boardroom bust-up, yesterday took a breather from its management misfortunes to announce sharply higher interim profits of pounds 50.6m, up 34 per cent.

Johnston to press on with expansion

Johnston Press, the rapidly growing newspaper group, remains committed to expanding further in the rapidly consolidating regional market, despite the pounds 205m acquisition of Emap's 65 titles announced earlier this year.

Pressing on with building a regional newspaper empire

Newsquest boss tells Mathew Horsman about his latest coup

Damaging blow for a transatlantic partnership


No Sassenachs please, we're Scottish

The media north of the border is a small club that will get clubbier if Scottish TV takes over two Glasgow papers. But at least that would keep them out of English hands, says Andrew Jaspan

Caledonian delays float after Scottish TV offer

A pan-Scottish media conglomerate could be in the making, it emerged yesterday, as ITV franchise Scottish Television said it had held merger talks with Caledonian Publishing, owner of the Glasgow Herald and the Evening Times.

Midlands warning hits shares

Shares in Midlands Independent Newspapers dived 24p to 123p yesterday after the regional publisher warned on profits and admitted it had failed in an attempt to buy Emap's newspaper titles, writes Patrick Tooher.

Johnston acquires Emap titles for pounds 111m

Emap yesterday sold its regional newspaper business - the original cornerstone of its burgeoning media empire - to Johnston Press, the Edinburgh- based newspaper company, for pounds 211m. The 65 titles being sold include the Stamford Mercury, first published in 1695 and one of Britain's oldest newspapers.
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