Iconic Films

Wincanton's £229m bid tops offer for rival TDG

Wincanton, the road haulage company, has offered 281¼p a share for TDG, 15p higher than the bid by Laxey Partners

Royal Mail demands cash after £279m loss

Royal Mail will turn to the Government for more money after revealing it lost nearly a million pounds a day last year

Royal Mail losses climb sevenfold to £200m

Half the losses incurred by universal service, which allows a letter to be posted anywhere in the country for one price

Nationwide post at risk as Royal Mail faces crisis

Review finds UK-wide price structure threatened a year after Royal Mail received £3.9 billion rescue package

Burness law firm poaches rising stars

Benfield cuts foreign travel to save £15m

The Lloyd's of London reinsurance broker has ordered staff to trim expensive foreign trips in a cost-cutting drive

Rentokil plans to hold on to City Link

The pest control company is to keep the group's troubled parcel delivery service despite 'numerous offers' to buy it

Tempus: Initial thoughts

Rentokil Initia has given warning that it will cut its dividend this year following large first-quarter losses

Losses force Rentokil Initial to slash dividend

Profits plunge at the rat catcher after its ailing parcels business City Link loses more than £15m in three months

Unite seeks pledge on Northern Rock job cuts

Britain's biggest union wants the nationalised bank to promise that no voluntary redundancies will be forced on staff

Blackwater adopts fresh image to seek funds

Blackwater Worldwide, the private security firm, is looking for $200 million after Cerberus Capital deal fell through

US pointers for Compass

American businesses are proving increasingly influential in dictating strategy across the wider group as a whole

Study says smart meters will cost £16.1bn

The installation estimate by Mott Macdonald is in stark contrast to industry claims that it would cost only £6 billion

Tata offers free IT services to lure banks

The Indian outsourcing giant tries to buttress its earnings and woo clients by offering its services free of charge

Logica to shed 1,300 jobs in revival drive

The IT services group is to close some UK offices and expand overseas, in a bid to overhaul the business and boost profits