Corporate Performance

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Lack of M&A business cuts revenue at Linklaters

Revenues at Linklaters, Britain’s second-biggest law firm, fell by nearly 10 per cent to £591 million in the six months to October 31, from £653 million in the same period last year. This is despite Linklaters winning big legal...

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Why National Grid is worth a plug

Of all the companies whose shares have fared badly in the past couple of years, National Grid is among the most perplexing. It has many of the qualities investors would be expected to cherish in times of trouble. Yet the Grid’s...

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Talk of Mitchells & Butlers pension deficit rising by £375m

Mitchells & Butlers was in focus amid chatter the company has seen a huge increase in its pension deficit. At the company's interim results in May, Mitchells & Butlers (M&B) said the last formal valuation on a trustee basis was...

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Want a piece of Robbie Williams? Certainly, but it may just cost you an arm and a leg . . .

Dan Sabbagh, Media Editor He gave us Angels, Britain’s most popular karaoke song, and roused us with Let Me Entertain You. Now he is inviting the City to give him up to £50 million to carry on with his recording career. Robbie...

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SHL's David Leigh gives nothing away, but can read you like a book

Poker is all about keeping your cards close to your chest and giving away as little as possible,” David Leigh says. “By not revealing what you have in your hand, you force your opponents to make decisions based on incomplete...

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Blackstone bids to take control of Gala Coral

Private equity giant Blackstone is gambling on an audacious eleventh hour intervention in the massive £2.5bn debt restructuring at beleaguered bookmaker-to-bingo group Gala Coral. Full house: Blackstone, the private-equity...

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Help us through the pension maze

Pam Dean, 58, considers herself financially savvy and confident about handling her own fiscal affairs and those of her husband. During 37 years of marriage, Pam, who trained as a book-keeper, has taken responsibility for the...

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Michael Spence: Escaping the Fossil Fuel Trap

The world’s major challenge in combating climate change is to devise a strategy that encourages growth in the developing world, but on a path that approaches safe global carbon-emission levels by mid-century. The way to achieve...

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Nationwide says revival in housing market set to end

Building society attacks state-backed savings firms for distorting market By James Moore, Deputy Business editor The mini revival in house prices is set to come to a juddering halt, Britain's biggest building society has...

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Fuller, Smith & Turner buoyant amid downturn

The pubs and brewing group Fuller, Smith & Turner cheered an 18 per cent rise in first-half profits but warned that the rest of its financial year would be "significantly tougher". The London Pride brewer yesterday posted...

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