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Montgomery's Mecom looks at selling off assets amid tough trading conditions

Normal 0 The company, which has debts of almost 600m, is in talks with its banks about amending its overdraft. The group has struck a deal with its lenders, which involves ... from December 31 to February 28. In return, Mecom is to pay a one-off fee of 2.35m to its banks ...

Colette Bowe named as new Ofcom chairman

Framlington, and Morgan Stanley Bank International. Business secretary Peter Mandelson, said: "The ...

Government mulls over Channel 4 choices

Normal 0 It has engaged investment bank UBS to advise on potential courses of action, which include privatising C4, merging it with a rival -- with Five in the frame, a tie-up with the BBC ... boosted by Five's German owner RTL's recent engagement of investment bank JP Morgan to study a bid ...

RTL eyes £500m takeover of Channel 4

According to a report in the Sunday Times, RTL has asked investment bank JP Morgan to look into a bid. Talk of a takeover comes just four years since the two last held merger talks. Those talks eventually foundered after Five has pulled out in November 2004. Last time talks emerged from plans ...

Annual: Top 10 Predictions for 2009

hat-trick of ministerial resignations when the Bank of England is bought on the cheap by Russian ... and Northern Rock with those of the US Federal Reserve and the Bank of England instead. 7. Sir Martin Sorrell ...

Annual: Top 10 Recession deniers

ridiculously lavish party that cost the bank £330,000 - with dinner costing £200 a head, hotel rooms coming ...

Annual: Top 10 Diary Stories

Street Oh, how they love a laugh in Downing Street. No matter that the banking system is in meltdown ...

Lost in Austen drama sold to 90 TV territories

stories. Bored bank worker Amanda Price literally becomes lost in her favourite Austen book, after she ...

Reed Elsevier puts B2B sale on ice

private equity company Bain Capital, an investment group led by TPG and DLJ Merchant Banking Partners ...

Aegis to boost digital offering with new full-service agency

Universal McCann to retain banking giant Santander's 32m UK media account. ...

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