Rentokil Initial’s chief executive Alan Brown, who was parachuted in five years ago to turn around the pest control group’s struggling City Link, today said he is departing, just three months after selling the postal business he called a “problem child”.
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Market Report: GKN finds new gear as City praises deals
Wednesday 05 June 2013
The car and aerospace components company GKN hit a 14-year high after analysts at UBS praised its recent acquisitions as "transformative". Scribblers at the bank reckon the recent purchases of the Getrag and Volvo Aero businesses have "strengthened GKN's strategic position in both of its key markets – aerospace and autos".
Rentokil ditches City Link ‘problem child’ for just £1
Monday 29 April 2013
Rentokil Initial today ended five turbulent years of large losses at its “problem child” parcels division City Link by selling the 44-year-old business for less than the cost of sending a package across London.
Market Report: Miners subside after gold price plunge
Monday 15 April 2013
Getting on the wrong side of your regulator is a bad idea. Particularly in financial services
Rentokil: Ratcatcher poisoned by contract losses
Sunday 10 February 2013
Rentokil's facilities management arm is following the wrong growth strategy, say critics
Experts claim radio and fog to blame for London helicopter crash
Thursday 17 January 2013
The pilot of the helicopter which crashed in central London on Wednesday morning may have been trying to change channel on his communications radio when the aircraft collided with a crane at rush hour.
Fresh losses for City Link
Saturday 10 November 2012
Rentokil Initial has admitted that its troubled delivery division, City Link, will not return to profit this year.
Market Report: Gambling traders moving into Bwin
Friday 05 October 2012
City traders like a gamble, right? Well there were certainly enough punters fond of a flutter to push Bwin.Party Digital Entertainment up more than 6 per cent yesterday. The online poker business has been the subject of spurious bid rumours over the past month and yesterday the rumours, on a predominantly quiet Thursday, increased.
James Moore: Farepak ruined Christmas but there's cheer for its bosses
Friday 22 June 2012
The Farepak savers' vain battle for justice goes on as the stench from this appalling affair lingers
Taxpayers may have to foot bill for Farepak collapse
Thursday 21 June 2012
Taxpayers may have to foot millions of pounds in legal bills following the abandonment of a Government bid to penalise directors of a Christmas hamper business which collapsed six years ago leaving tens of thousands of savers out of pocket, a businessman involved said today.
Bosses took '£1m a week' from Christmas savers
Friday 25 May 2012
Victims of the collapse of Christmas hamper firm Farepak had "no inkling" that "about £1m a week" of their money was being dipped into, as directors of its parent company sought to prop up other loss-making units of the group, according to allegations made in the High Court yesterday.
Rentokil chilli gel wards off problem birds
Tuesday 17 April 2012
A new red-hot weapon has been unveiled in the fight against problem birds.
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Is the Muslim call to prayer really such a menace?
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Channel 4 to 'provoke' viewers who associate Islam with terrorism with live call to prayer during Ramadan
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US army doctor returns arm to Vietnamese soldier fifty years after he took it as a souvenir
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Police seize possessions of rough sleepers in crackdown on homelessness
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Demand for food banks has nothing to do with benefits squeeze, says Work minister Lord Freud
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