Channel Islands

The Consumers’ Association has told competition regulators that Sir Ken Morrison should be allowed to take over Safeway because his bid will benefit shoppers.

Benetton said it might report a “limited” net loss for 2002 because of the impact of plans to sell off its sports equipment business.

Many of the UK’s lenders failed to pass on the full benefit of the Bank of England’s 0.25% point cut to the base lending rate to homeowners yesterday.

Tim O’Toole, the US lawyer chosen by the mayor for London to run the Tube, yesterday revealed that he had spent up to 10 hours every day for a week…

The number of companies going out of business leapt by 8.9% last year to the highest level in eight years, according to Department of Trade and Industry figures.

Manufacturing last year contracted by 4% compared with the previous year, producing its worst year since 1991, according to official figures published last year.

CB Richard Ellis is in talks to buy Insignia Financial Group in a $400m deal that would create the world’s largest real estate broker.

Shares in retailer Monsoon added 3.25p to 99.5p yesterday amid speculation that its founder, Peter Simon, is considering taking it private.

Bingo and casinos business Gala changed hands yesterday after CSFB Private Equity and PPM Ventures sold their holdings to Candover and Cinven, the private equity groups, in a joint bid…

The first large deal by Terra Firma, Guy Hands’ new private equity group, has fallen through after Cologne council vetoed his plans to buy a portfolio of flats in the…

Buyers of some of London’s most luxurious flats are being offered big discounts and incentives as demand stalls. Sales of flats over £700,000 in the capital are almost at a…

The government’s transport adviser David Begg wants mayor for London Ken Livingstone’s plans to charge motorists driving into the centre of the capital to be extended to the outskirts of…