News

Today

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.

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.

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.

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.

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.

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.

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.

Market Report: Scotia's calamity highlights decline of the biotech babes

The biotech babes, once the lusty, unstoppable infants of the stock market, are again in danger of being thrown out with the bath water.
Voices
There will be a chance to bid for a rare example of the SAS Diary, collated by a former member of the regiment in the aftermath of World War II but only published – in a limited run of just 5,000 – in 2011
charity appealTime is running out to secure your favourite lot as our auction closes at 2pm today
News
File: James Woods attends the 52nd New York Film Festival at Walter Reade Theater on September 27, 2014
peopleActor was tweeting in wake of NYPD police shooting
Sport
Martin Skrtel heads in the dramatic equaliser
SPORTLiverpool vs Arsenal match report: Bandaged Martin Skrtel heads home in the 97th-minute
News
Billie Whitelaw was best known for her close collaboration with playwright Samuel Beckett, here performing in a Beckett Trilogy at The Riverside Studios, Hammersmith
people'Omen' star was best known for stage work with Samuel Beckett
Arts and Entertainment
Mark Wright has won The Apprentice 2014
tvThe Apprentice 2014 final
Arts and Entertainment
Darrell Banks’s ‘Open The Door To Your Heart’
music
News
i100
News
Detective Tam Bui works for the Toronto Police force
news
Arts and Entertainment
X Factor winner Ben Haenow has scored his first Christmas number one
music
News
Elton John and David Furnish exchange marriage vows
peopleSinger posts pictures of nuptials throughout the day
Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there
The 12 ways of Christmas: Spare a thought for those who will be working to keep others safe during the festive season

The 12 ways of Christmas

We speak to a dozen people who will be working to keep others safe, happy and healthy over the holidays
Birdwatching men have a lot in common with their feathered friends, new study shows

The male exhibits strange behaviour

A new study shows that birdwatching men have a lot in common with their feathered friends...
Diaries of Evelyn Waugh, Virginia Woolf and Noël Coward reveal how they coped with the December blues

Famous diaries: Christmas week in history

Noël Coward parties into the night, Alan Clark bemoans the cost of servants, Evelyn Waugh ponders his drinking…
From noble to narky, the fall of the open letter

From noble to narky, the fall of the open letter

The great tradition of St Paul and Zola reached its nadir with a hungry worker's rant to Russell Brand, says DJ Taylor
A Christmas ghost story by Alison Moore: A prodigal daughter has a breakthrough

A Christmas ghost story by Alison Moore

The story was published earlier this month in 'Poor Souls' Light: Seven Curious Tales'