Suburban Spaceyman
As a theatre director, Sam Mendes is celebrated for breathing new life into classics (Chekhov, Shakespeare, Schnitzler, O'Casey) and reviving modern works (Cabaret, Compa...
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Toll tax: Bad news for British motorists
Motorists using major road bridges and tunnel crossings in Britain are set to face hefty increases in charges after a European ruling yesterday.
The government has foug...
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Ecuador Indians give new leader 6 months' grace
Thousands of pensioners have been queueing from early morning outside banks in Quito to withdraw monthly benefit payments which have lost half their value in the past mon...
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Kohl 'took cash from France to win election
A German parliamentary inquiry into secret party funds broadened its scope this week to investigate a report that France's late former president Francois Mitterrand used ...
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Credit card firms face $24.3bn suit
Some of America's biggest retailers are claiming damages that could amount to as much as $24.3bn from Visa and Mastercard after accusing the credit card companies of forc...
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Banks fail to give credit to fake smart card 'genius
Serge Humpich believed he held a secret that could do more damage to the banking system than a dozen Nick Leesons. A self-styled electronic genius, Mr Humpich claimed to ...
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Plunge into red is blow to leader's health pledge
Britain's public finances sank deeply into the red last month, causing City analysts yesterday to scale back estimates of the size of Gordon Brown's war chest going into ...
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Jarvis seeks refinancing
Debt-laden support services group Jarvis warned today it faces a bleak future unless it completes a financial restructuring over the next month.
The group said emergency...
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Invensys takes open route to refinancing
Engineering conglomerate Invensys is expected to announce its long-awaited rescue refinancing this week, which will include a £500m cash call on investors and a rest...
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Telewest refinancing 'near' as subscribers keep quitting
Telewest managing director Charles Burdick insisted yesterday that the cable operator was "close" to finalising its financial restructuring, after overcoming a last-minut...
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Meridien refinancing stalls
Millionaire financier Guy Hands, fresh from revelations of a personal loss of up to £50m in his investment in the Rockingham motor racing track, yesterday saw lender...
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NTL and Telewest near refinancing deals
Ailing cable TV companies NTL and Telewest yesterday both took steps towards completing complex financial restructurings.
Telewest is understood to be close to a deal w...
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Thus results offer refinancing cheer
Thus, the Glasgow-based telecoms company, said it needed less money than forecast to stay in business as it reported better than expected second-quarter results yesterday...
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Time Computers in refinancing talks
An ambitious expansion strategy and a reduction in the price of home computers has forced Britain's biggest PC retailer into refinancing talks with its bankers.
Time Co...
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Last-ditch deal saves British van maker
LDV, one of Britain's last homegrown motor manufacturers, is understood to have clinched a crucial refinancing deal that insiders hope will allow the van maker to restart...
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Eurotunnel cuts losses by 18% but warns of debt problems
Eurotunnel, the debt-stricken Channel tunnel operator, yesterday celebrated the first fruits of its cost-cutting programme and a rise in passenger numbers as it reduced i...
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Arsenal profits up £9m
Arsenal have reported an increase of almost £9million in pre-tax profit. The financial results of the club's parent company, which were released this morning, showed...
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MyTravel recovers from its holiday blues
MyTravel declared yesterday that it was "back on a normal footing" with rapidly rising sales and steady finances after a turbulent couple of years when the tour group nea...
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Papers reveal creditors' hold on Glazer
Shock, horror - ticket prices to rise 54%. Well, yes, but do the maths: the increase is over five years, so it equates to a rise of 9% a year. It is higher than the rate ...
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Glazer may refloat United in three years
Malcolm Glazer could return Manchester United to the stock market via a flotation within three years, according to City banking sources. The American, who yesterday achie...
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Jarvis 'seeking extra ?20m loan
Jarvis, the heavily indebted rail and construction group, was plunged into further turmoil yesterday as its bombed-out share price dropped a further 15% on talk that it h...
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Shell to make history with $18bn profit
Oil giant Royal Dutch/Shell will this week unveil the largest profit in UK corporate history. Income after tax will climb to around $17.5 billion, and is likely to exceed...
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Upbeat Laing 'won't do a Jarvis
Private Finance Initiative (PFI) specialist John Laing boasted yesterday that it is working on 42 different infrastructure projects, that it is preferred bidder on four m...
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