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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.

Fourth potential bidder for Portsmouth emerges

NEWS COMMUNICATIONS and Media yesterday became the fourth company to emerge as a possible bidder for Portsmouth & Sunderland Newspapers, the regional newspapers and convenience stores group, writes Peter Thal Larsen.

Newsquest confirms P&S takeover talks

NEWSQUEST, publisher of the Northern Echo and Oxford Mail, yesterday confirmed it is in preliminary takeover talks with Portsmouth & Sunderland Newspapers, which put itself up for sale last month after rejecting a bid approach from rival Johnston Press.

White knight for P&S newspapers

A CONSORTIUM of investors led by Charles Villiers, former head of Scottish Radio's newspaper division, emerged yesterday as one of at least four potential white knights willing to rescue Portsmouth & Sunderland newspapers from Johnston Press. Talks have taken place with Charles Brims, the chief executive of P&S, and the consortium has the resources to top Johnston's offer, Mr Villiers said.

Portsmouth jumps 10% on rival offers

SHARES IN Portsmouth & Sunderland jumped 10 per cent yesterday after the group said it had received alternative offers since Friday's hostile bid for 25 per cent of the company from its rival Johnston Press.

Johnston approach draws out bidders

PORTSMOUTH & Sunderland Newspapers said last night it had received approaches from other newspaper groups as well as venture capitalists following Friday's "smash and grab" bid by rival Johnston Press for 25 per cent of the group, writes Andrew Garfield.

Johnston moves in on newspaper rival

JOHNSTON PRESS, the regional newspaper group, yesterday launched an offer to buy 25 per cent of rival Portsmouth & Sunderland Newspapers, valuing the group at pounds 192m. It asked the Monopolies and Mergers Commission to investigate the implications of a full takeover.

Market Report: Blue chips dive as Brazilian worries spread

FOOTSIE FELL back below 6,000 points as the stock market fretted about Brazil, New York and the receding possibility of an interest rate cut next month.

Maiden issues shock profit warning

MAIDEN, THE UK's sole independent billboard advertising group, yesterday stunned the market with a profit warning that prompted fears of a general slowdown in advertising spending across the economy.

Blue chip: Trinity sees a boost in Mirror

EXCITEMENT for investors in Trinity International (560p) last week, as news emerged of a possible tie-up with Mirror Group Newspapers. Those talks have since been shelved, although there is every possibility that Trinity will end up with a sizeable chunk of any disposals in the shape of MGN's regional titles, if a bid emerges.

The Investment column: A great story in local news

THE LOCAL newspaper market has never been far from the City headlines over the last 18 months. The industry fireworks have been ignited by the big media groups who have put their regional newspapers up for auction to concentrate on more glamorous TV and publishing interests. The rapid consolidation of the market has lead to the creation of powerful and acquisition hungry newspaper groups such as Johnston Press.

Market report: Buying spree pushes Footsie over the 6,000 mark

HAVING spent a week catching their breath, the bulls were back out in force yesterday. With the first quarter - which is important for performance figures - out of the way, investors went on a buying spree which allowed the Footsie to close above the 6,000 mark for the first time.

Market Report: CU leads insurance advance as bid hopes rise

Insurers are taking over as the stock market's takeover favourites. This week they have stolen a march on the banks, with Commercial Union leading the charge.

Hollick sells Southern for pounds 47m to rival newspaper group

UNITED News & Media, Lord Hollick's publishing and television group, yesterday took the first step in the disposal of its regional newspaper division when it sold its Southern titles to rival group Southnews for pounds 47.5m.

Takeover of press group is blocked

The Government yesterday blocked the pounds 52m takeover of Home Counties Newspaper Holdings, the regional newspaper publisher, by Johnston Press.

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.
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Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker