News

Apple's disappointing update this week sent shares in most of its suppliers tumbling, but smartphone parts maker Laird got City approval after its strategy update yesterday.

Biffa dumps managers in private equity restructuring

The private equity backers of Biffa, the waste management group, are restructuring the group's key collection unit with a raft of middle-management redundancies and the creation of two call centres with 70 new jobs.

Investment Column: Splash out on defensive Severn Trent

Clinton Cards; Hamworthy

The Week Ahead: DSG investors excitement may be shortlived

DSG International, the retailing group that owns Currys and PC World, is due to publish interim results on Thursday. It finished last week strongly with its shares spiking by nearly 21 per cent to 13p after analysts at Credit Suisse issued a positive update. The watchers, in something of a volte face, said that the group is likely to outperform the sector, adding: "In our view the market has overreacted to concerns about the group's sustainability in the medium term. After our long-term negative stance on the stock, we move to outperform with a target of 25p."

The Week Ahead: Hopes rise Wolseley can build on US bailout

Nervous investors will have their fingers crossed for Wolseley, the construction materials group, which is due to publish its final results today.

Huge rise in complaints about water companies

A small number of water companies were responsible for an 11 per cent overall increase in complaints last year, the Consumer Council for Water said.

Market Report: Sainsbury's soars on hopes of Qatari approach

Late rumours propelled J Sainsbury to pole position on the FTSE 100 yesterday, boosting the stock by almost 8 per cent or 25.25p to 344p in the final hours of trading.

Further misery for householders as water firms plan 22 per cent bill rise

Consumers face year after year of inflation busting rises in water bills after companies submitted plans for increases of up to 22 per cent over a five-year period to 2015.

Inflation-busting water bill rises revealed

Households today learned of proposed above-inflation water bill hikes after firms submitted their draft business plans to regulator Ofwat.

Severn braced for rise in bad debts

Severn Trent warned yesterday that Britons would find it increasingly hard to pay their water bills as the credit crunch heaps pressure on consumers.

Severn Trent Water is fined £2m over false leakage data

Severn Trent Water escaped with a lower-than-expected fine of £2m yesterday after it pleaded guilty at the Old Bailey to lying about leakage information for two years.

Water firm fined £2m for lying about leaks

Severn Trent Water, Britain's second-biggest water company, was fined £2 million at the Old Bailey today for lying about water leaks.

Court hears details of water firm's dishonesty

Executives, current and former, at Severn Trent Water have been hastily distancing themselves from accusations of dishonesty, as sentencing on convictions for deliberate falsification of leak statistics was adjourned until next month.

The Week Ahead: Positive update expected from WM Morrison

The supermarket chain WM Morrison is due to publish a first-quarter trading statement on Thursday and analysts are expecting a positive update.

£35m fine for Severn Trent

Severn Trent Water is facing a £35.8m fine for deliberately providing false information to a regulator and offering a poor service to its customers.

Severn Trent fined record £36m after misreporting water leakages

Severn Trent, the Midlands water company, is to pay a record £36m fine and pledged to cut customer bills after it pleaded guilty yesterday to orchestrating one of the largest customer overcharging scandals ever perpetrated in the UK.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower