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Sainsbury’s sells Homebase to Schroder
Supermarket chain Sainsbury’s has sold its Homebase DIY business in a deal worth £969m.
BMP DDB wins back Guardian account
BMP DDB has been hired by The Guardian to handle advertising for the newspaper group’s online and offline brands.
Venus Williams signs record £27m deal with Reebok
Current Wimbledon and US Open champion Venus Williams has signed what is reportedly a 27m endorsement deal with sportswear manufacturer Reebok, a record figure for a female athlete.
Home Office adspend doubles
The government’s Home Office has almost doubled its advertising spend in 2000 compared with last year.
Virgin Rail’s east coast bid rejected
Sir Richard Branson’s Virgin Rail Group has failed in its bid to take over the east coast mainline between London and Edinburgh.
Vodafone buys Irish mobile phone company
UK mobile phone group Vodafone has agreed to buy Eircell -– the Irish mobile phone business owned by Ireland’s national telecoms company, Eircom -– in a deal worth £2.6bn.
Gameplay shares jump on strong growth
Online games retailer Gameplay reported strong year-on-year sales growth yesterday, prompting its share price to leap by 11.5% this morning.
Branson delays decision on Lottery action
Sir Richard Branson is to delay his decision on legal action against the National Lottery Commission, after losing his fight to run the National Lottery.
Scottish Radio in merger talks
Scottish Radio Holdings has confirmed that it is in talks with a potential buyer, widely believed to include Scottish Media Group.
Internet woes hit NewMedia Spark
Internet incubator NewMedia Spark has written off more than 45m from the value of its investments, because of the turmoil in the internet sector.
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