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Times Online March 11, 2008

BUSINESS BULLETIN


Dear Reader

Visit Times Online today for dynamic business news and views, market charts and sector analysis, plus your chance to comment.

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Today's top stories

Investor anger at Rose dual M&S role

The retailer is combining the roles of chairman and chief executive to keep Sir Stuart Rose at the business until 2011

Lehman Brothers to shed 5 per cent of staff

Investment bank begins job cuts as the deepening credit crisis cuts its revenues and the sector prepares for a recession

GCap plans put on hold as takeover looms

Commercial radio group shelves its exit from digital radio technology following the takeover offer from Global Radio

Carter & Carter in administration

Car training company Carter & Carter, whose founder Phillip Carter died in a helicopter crash last year, is put into administration

OTHER HEADLINES

Analysis chevrons

Risk in retailer's continuity approach

Sir Stuart combines the role of chairman and chief executive for three years; a lot of power is concentrated in one man's hands

Markets chevrons

Tempus: Spirax ... Telecity ... Axis-Shield

Spirax-Sarco pumps out dividend increase ... Telecity caught by slide of its overseas peers ... Axis-Shield revenues up nearly 10 per cent

William Hill '£650m bets' ... BA strike ... BMW invests

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