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.

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.
Travel
travel
News
Tim Vine has won the funniest joke award at the Edinburgh Festival 2014
peopleTim Vine, winner of the Funniest Joke of the Fringe award, has nigh-on 200 in his act. So how are they conceived?
News
Jamie and Emily Pharro discovering their friend's prank
video
News
people
Arts and Entertainment
tv
Life and Style
techApp to start sending headlines, TV clips and ads to your phone
Arts and Entertainment
Taylor Swift crawls through the legs of twerking dancers in her 'Shake It Off' music video
musicEarl Sweatshirt thinks so
Life and Style
tech
Arts and Entertainment
Daniel Radcliffe and Zoe Kazan in What If
filmReview: Actor swaps Harry Potter for Cary Grant in What If
News
Our resilience to stress is to a large extent determined by our genes
science
Career Services

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
Ferguson: In the heartlands of America, a descent into madness

A descent into madness in America's heartlands

David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

BBC faces corruption allegation over its Sir Cliff police raid coverage

Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home
Lauded therapist Harley Mille still in limbo as battle to stay in Britain drags on

Lauded therapist still in limbo as battle to stay in Britain drags on

Australian Harley Miller is as frustrated by court delays as she is with the idiosyncrasies of immigration law
Lewis Fry Richardson's weather forecasts changed the world. But could his predictions of war do the same?

Lewis Fry Richardson's weather forecasts changed the world...

But could his predictions of war do the same?
Kate Bush asks fans not to take photos at her London gigs: 'I want to have contact with the audience, not iPhones'

'I want to have contact with the audience, not iPhones'

Kate Bush asks fans not to take photos at her London gigs
Under-35s have rated gardening in their top five favourite leisure activities, but why?

Young at hort

Under-35s have rated gardening in their top five favourite leisure activities. But why are so many people are swapping sweaty clubs for leafy shrubs?
Tim Vine, winner of the Funniest Joke of the Fringe award: 'making a quip as funny as possible is an art'

Beyond a joke

Tim Vine, winner of the Funniest Joke of the Fringe award, has nigh-on 200 in his act. So how are they conceived?
The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

Sadly though, the Lawrence of Arabia star is not around to lend his own critique
Wicken Fen in Cambridgeshire: The joy of camping in a wetland nature reserve and sleeping under the stars

A wild night out

Wicken Fen in Cambridgeshire offers a rare chance to camp in a wetland nature reserve
Comic Sans for Cancer exhibition: It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans

Comic Sans for Cancer exhibition

It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans
Besiktas vs Arsenal: Five things we learnt from the Champions League first-leg tie

Besiktas vs Arsenal

Five things we learnt from the Champions League first-leg tie
Rory McIlroy a smash hit on the US talk show circuit

Rory McIlroy a smash hit on the US talk show circuit

As the Northern Irishman prepares for the Barclays, he finds time to appear on TV in the States, where he’s now such a global superstar that he needs no introduction
Boy racer Max Verstappen stays relaxed over step up to Formula One

Boy racer Max Verstappen stays relaxed over step up to F1

The 16-year-old will become the sport’s youngest-ever driver when he makes his debut for Toro Rosso next season
Fear brings the enemies of Isis together at last

Fear brings the enemies of Isis together at last

But belated attempts to unite will be to no avail if the Sunni caliphate remains strong in Syria, says Patrick Cockburn
Charlie Gilmour: 'I wondered if I would end up killing myself in jail'

Charlie Gilmour: 'I wondered if I'd end up killing myself in jail'

Following last week's report on prison suicides, the former inmate asks how much progress we have made in the 50 years since the abolition of capital punishment