News

Outlook Billionaire Thomas Sandell is making it quite clear that it will take more than a couple of paracetamol to handle the headache he is causing for FirstGroup.

Clarke puts PRP tax relief on trial

PAUL WALLACE

Natural born billers

Every six minutes a lot of lawyers are a lot richer. Brian Cathcart looks at what they charge and how they justify it

C&G borrowers `could benefit from float'

A SENIOR building society figure has cast doubt on the claim by the Cheltenham & Gloucester Building Society that it is completely powerless to reward its borrowers when it gives up its mutual status.

The bizarre case of the blackballed alderman

BY JAMES BETHELL

George Soros buys stake in bid target Northern Electric

Trafalgar chief entitled to unlimited bonus, contracts show

How to account for a business crash : BUNHILL

THERE ARE people here who are convinced that Jeremy Hanley, the Tory party chairman, is not all he's made out to be. Bunhill is not one of the doubters, it must be said here and now.

Warburg crowned top of the flops: Of the past year's 132 floats, 77 are trading below their issue price, Independent on Sunday research reveals

S G WARBURG, one of the City's top merchant banking and securities houses, has brought more duds to the stock market than any other financial adviser in the last year, according to a survey of flotation flops by the Independent on Sunday.

Law: The appliance of science: Can organisational psychology help firms through recession? Paula Nicholson reports

Many legal firms are now paying the price for the rapid expansion of the Eighties. According to a recent Coopers & Lybrand survey, more than 250 will not survive the recession, which means many solicitors are either facing redundancy and curtailed career expectations, or considering ways to expand their skills.

Plantsbrook shares surge as SCI lifts holding to 8.5%

THE STRUGGLE to secure a toe- hold in the British funeral business intensified yesterday as SCI, the Texan company that recently acquired Great Southern, more than doubled its stake in Plantsbrook, the industry's largest quoted company.

City & Business: City smirks politely over costly funeral bid gaffe

THERE'S nothing like news of an almighty cock-up by a rival firm to animate the spirits of jaded City folk left holding the fort in the dog days of August. Between them Schroder, the eminent merchant bank, and Linklaters & Paines, the equally eminent lawyers, delivered in spades last week with an epic slip-up savoured across the Square Mile. The few merchant bankers and corporate lawyers not chasing the sun or the grouse at least had the compensation of gossiping about their rivals' acute discomfort.

Great Southern takeover cleared: Dismissal of rival bidder's objections leaves way clear for SCI

THE Takeover Panel yesterday waved through SCI's 775p-a-share offer for the funeral group Great Southern, dismissing an appeal from the Canadian group Loewen that the bid should be disallowed on a legal technicality.

Bid details haunt SCI advisers

THE aftermath of the battle for control of Great Southern, the funerals operator, is set to become more acrimonious than the bid itself, with advisers squabbling over who was to blame for the omission of a crucial phrase in a bid statement from SCI, the Texan company, writes Tom Stevenson.

Slaughter & May at the top

SLAUGHTER & May topped Acquisitions Monthly's league table for legal advisers in mergers and acquisitions in the first half of 1994, writes Diane Coyle. It acted for companies in five public takeovers worth a total of pounds 1.6bn - including LWT during its pounds 766m acquisition by Granada, and Westland in its takeover by GKN.

Escalating rail strike will test resolve on all sides

BOTH sides in the signal workers' dispute yesterday dug in for a long war of attrition in a conflict which is developing into the most damaging industrial action in the public sector for a decade.

Law: Law as a defining element in British culture: A fundamental difference of approach makes Italy a different market for UK firms to break into. Sharon Wallach reports on a week in Milan designed to help them

An interesting dilemma faced the British Council as it organised the recent British Law Week in Milan: Italian lawyers are not permitted to advertise. Publicising the event had, therefore, to be undertaken with a degree of delicacy. The Italian advertising rules could not be enforced on the British lawyers taking part in the week, but, says Martin Rose, the British Council's assistant director in Rome, they acted with courtesy towards their hosts.
Life & Style
Sampling wine in Turin
food + drink...and abstaining may be worse than drinking too much, says scientist
Arts & Entertainment
Kingdom Tower
architecture
Sport
Jose Mourinho restrains his assistant manager Rui Faria, Fabio Borini celebrates his winning penalty and Connor Wickham equalises for Sunderland
sportChelsea 1 Sunderland 2: Deafeat is extra bitter as former Chelsea player Fabio Borini scores late penalty to seal victory
Arts & Entertainment
Game of Thrones writer George R.R. Martin has been working on the novels since the mid-Nineties
books
News
Easter a dangerous time for dogs
these are the new ones. Old ones are below them... news
News
Brand said he
people
Sport
Roger Federer celebrates his victory over Novak Djokovic in the Monte Carlo Masters
sport
Voices
Actor Zac Efron
voicesTopless men? It's as bad as Page 3, says Howard Jacobson
Arts & Entertainment
The monster rears its head as it roars into the sky
film
Voices
For the Love of God (2007) The diamond-encrusted skull that divided the art world failed to sell for
its $100m asking price. It was eventually bought by a consortium
which included the artist himself.
voicesYou can shove it, Mr Webb – I'll be having fun until the day I die, says Janet Street-Porter
Career Services

Day In a Page

Independent Travel Shop See all offers »
Classical Spain
Classical Spain
Six nights from £569pp Find out more
Pompeii
Pompeii, Capri and the Bay of Naples
Seven nights from £799pp Find out more
Spring Breaks
Spring breaks with dinner
Two nights from £64.50pp Find out more
London Theatre and Hotel breaks
London theatre and hotel breaks
One night and ticket from £84pp Find out more
How I brokered a peace deal with Robert Mugabe: Roy Agyemang reveals the delicate diplomacy needed to get Zimbabwe’s President to sit down with the BBC

How I brokered a peace deal with Robert Mugabe

Roy Agyemang reveals the delicate diplomacy needed to get Zimbabwe’s President to sit down with the BBC
Video of British Muslims dancing to Pharrell Williams's hit Happy attacked as 'sinful'

British Muslims's Happy video attacked as 'sinful'

The four-minute clip by Honesty Policy has had more than 300,000 hits on YouTube
Church of England-raised Michael Williams describes the unexpected joys in learning about his family's Jewish faith

Michael Williams: Do as I do, not as I pray

Church of England-raised Williams describes the unexpected joys in learning about his family's Jewish faith
A History of the First World War in 100 moments: A visit to the Front Line by the Prime Minister's wife

A History of the First World War in 100 moments

A visit to the Front Line by the Prime Minister's wife
Comedian Jenny Collier: 'Sexism I experienced on stand-up circuit should be extinct'

Jenny Collier: 'Sexism on stand-up circuit should be extinct'

The comedian's appearance at a show on the eve of International Women's Day was cancelled because they had "too many women" on the bill
Cannes Film Festival: Ken Loach and Mike Leigh to fight it out for the Palme d'Or

Cannes Film Festival

Ken Loach and Mike Leigh to fight it out for the Palme d'Or
The concept album makes surprise top ten return with neolithic opus from Jethro Tull's Ian Anderson

The concept album makes surprise top ten return

Neolithic opus from Jethro Tull's Ian Anderson is unexpected success
Lichen is the surprise new ingredient on fine-dining menus, thanks to our love of Scandinavian and Indian cuisines

Lichen is surprise new ingredient on fine-dining menus

Emily Jupp discovers how it can give a unique, smoky flavour to our cooking
10 best baking books

10 best baking books

Planning a spot of baking this bank holiday weekend? From old favourites to new releases, here’s ten cookbooks for you
Jury still out on Manchester City boss Manuel Pellegrini

Jury still out on Pellegrini

Draw with Sunderland raises questions over Manchester City manager's ability to motivate and unify his players
Ben Stokes: 'Punching lockers isn't way forward'

Ben Stokes: 'Punching lockers isn't way forward'

The all-rounder has been hailed as future star after Ashes debut but incident in Caribbean added to doubts about discipline. Jon Culley meets a man looking to control his emotions
Mark Johnston: First £1 million jackpot spurs him on

Mark Johnston: First £1 million jackpot spurs him on

The most prize money ever at an All-Weather race day is up for grabs at Lingfield on Friday, and the record-breaking trainer tells Jon Freeman how times have changed
Ricky Gervais: 'People are waiting for me to fail. If you think it's awful, then just don't watch it'

Ricky Gervais: 'People are waiting for me to fail'

As the second series of his divisive sitcom 'Derek' hits screens, the comedian tells James Rampton why he'll never bow to the critics who habitually circle his work
Mad Men series 7, TV review: The suits are still sharp, but Don Draper has lost his edge

Mad Men returns for a final fling

The suits are still sharp, but Don Draper has lost his edge
Google finds a lift into space will never get off the ground as there is no material strong enough for a cable from Earth into orbit

Google finds a lift into space will never get off the ground

Technology giant’s scientists say there is no material strong enough for a cable from Earth into orbit