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
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
The super-rich now live in their own Elysium - they breathe better air, and eat better food, when they're not making beans on toast for their kids

The super-rich now live in their own Elysium

They breathe better air, eat better food, take better medicine
A generation of dropouts failed by colleges

Dropout generation failed by colleges

£800m a year wasted on students who quit courses before they graduate
Entering civilian life 'can be like going into the jungle' for returning soldiers

Homeless Veterans appeal

Entering civilian life can be like going into the jungle
Sam Taylor-Johnson: Woman on top

Sam Taylor-Johnson: Woman on top

Fifty Shades of Grey director on bringing the hit to the screen
Shazam! Story of the $1bn 'what's that song?' app

Shazam: Story of the $1bn 'what's that song?' app

As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch