Home Authors Bill Gleeson

Bill Gleeson

Global in£375m bidfor rivalstations

CAPITAL Radio and Classic FM broadcaster GCap Media backed a £375m takeover bid from the owner of rival stations Heart and Galaxy. Read

Regeneration has created opportunities for growth and prosperity

THOSE with the task of regenerating a city and creating opportunities for people to do business could be forgiven for believing they work in a time warp. Read

Swiss bank giant takes $19bn hit from the US

SHARES in UK banks appeared to shrug off the latest multi-billion dollar sub-prime hit unveiled by one of Europe’s biggest finance houses yesterday. Read

Abolish the Rump and whowould notice?

MILLIONS of people employed in the public sector do a great job. Doctors, nurses, teachers, police officers and soldiers serve their country well, and are worth every penny of the money spent on them. Read

Move to beef up watchdog

CITY whistleblowers could soon be offered immunity from prosecution under plans to beef up the UK’s financial watchdog, Chancellor Alistair Darling has indicated. Read

Debate on the National’s fortunes

FORMER Liverpool Football Club marketing director Davide de Maestri is this week’s special guest on the LDP BusinessWeek radio show. Read

THE world’s biggest catering firm hailed better than expected trading despite headwinds from soaring food inflation.

Compass, whose UK clients include Premiership teams Manchester United and Chelsea, is now paying up to 5% more for its food but countering the higher bills by using fewer suppliers, re-jigging menus and passing on costs to customers. Read

Airbus relief as MoD signs £13bn contract

AEROSPACE workers on Deeside were celebrating last night after the Ministry of Defence signed a £13bn private finance deal for a new fleet of refuelling and transport aircraft. Read

Land of Leather sees material downturn

FURNITURE retailer Land of Leather said trading had continued to deteriorate following a challenging January sale period. Read

Kingfisher nosedives

OWNER of B&Q, Kingfisher, yesterday halved its dividend and warned investors that things could get worse before they get better. Read

Lending costs soar due to crisis

LENDERS’ borrowing costs soared past the 6% barrier for the first time since December as the crisis gripping money markets showed no signs of easing. Read

Topps Tiles reports dip in sales and profits

THE UK’s biggest tile and wood floor retailer, Topps Tiles, yesterday reported a dip in underlying sales and profits for the past six months. Read

Northern Rock blunders admitted

THE City watchdog pledged yesterday to shake up its super-vision of the UK’s largest banks, after admitting a series of blunders in its hand-ling of the Northern Rock crisis. Read

Housebuilder Bellway faces difficult times

HOUSEBUILDER Bellway said it was facing “difficult times” in the housing market as it unveiled a 3.9% drop in interim pre-tax profits. Read

UU to pay £200m tax charge

UNITED Utilities revealed a £200m one-off tax charge in its next financial year after the Government’s decision to phase out industrial buildings allowances by 2010 from April. Read

Ryanair chief slaps pay freeze on managers

SOARING fuel costs hit Ryanair boss Michael O’Leary in the pocket yesterday, after he slapped a pay freeze on senior managers at the low-cost airline. Read

Tax hikes ‘risk pubs’

THE boss of brewing and pub firm Shepherd Neame said yesterday he feared alcohol duty rises in the Budget will drive more people away from pubs. Read

M&S still under fire over top job

MARKS & Spencer’s attempts to win over critics of its controversial move to promote chief executive Sir Stuart Rose were dealt a blow yesterday. Read

Gloomy sales results

SOFA retailer ScS Upholstery has deliver-ed another gloomy sales update but said it was still hopeful of returning to the black later this year. Read

Comparison website battle hots up with new US deal

THE battle for supremacy in the comparison website market is hotting up as an American venture capital firm pumps £25m into a challenger to Chester-based moneysupermarket.com. Read

Author Profile

Bill Gleeson is award winning business writer and broadcaster, has been covering business and economics in the Merseyside region for more than a decade. His weekly column and LDP Business Week show on CityTalk105.9 are compulsory reading and listening for influential movers and shakers. Tel 0151 4722319

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