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Times Online August 7, 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.

Also you can now download our series of free podcasts exploring the business ideas that are changing the world at www.timesonline.co.uk/businessideas

Today's top stories

UK faces bigger bills after French energy cap

British families could end up subsidising French households after 2 per cent cap imposed in France on electricity price rises

IMF dashes Darling's hope for quick recovery

The IMF reduced its forecasts for the UK's growth but said the Bank of England had 'little scope' to cut interest rates

Leaver in line to succeed Rose at M&S

Former De Vere hotels chief Carl Leaver has been handed task of running the retailer's homewares and internet businesses

Xstrata offers Lonmin shareholders £5bn

The Lonmin board dismissed Xstrata's takeover offer but the Anglo-Swiss mining group is putting the deal to shareholders

OTHER HEADLINES
Analysis chevrons

Where can Michael Grade turn?

Few of ITV's woes can be blamed on Michael Grade, but he has not reduced the broadcaster's dependence on advertising

Markets chevrons

Tempus: Morgan Crucible ... Old Mutual ... Spring

Morgan's restructuring has desired effect on its pricing power ... Old Mutual unfortunate setback ... Spring Group shares rise

Tesco price cuts ... Blackstone loss ... Inmarsat rise

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