Streetwise deal nets cool £105m

STREETWEAR fashion retailer SuperGroup yesterday revealed its heavily oversubscribed flotation will give the company a £395 million price tag, netting its bosses £105 million.

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‘Gimmicks’ masked Lehman’s debt woes

BLUE-chip accountant Ernst & Young faces the prospect of expensive lawsuits after it was accused of “professional malpractice” for failing to challenge “accounting gimmicks” that allowed Lehman Brothers to hide $50billion (£33billion) of debt.

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Big boost for Barclays in $5bn lawsuit

BARCLAYS' defence against a $5billion (£3.3billion) lawsuit brought by Lehman’s creditors appeared to be strengthened by the official report into the demise of the bank.

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Storms hit Luminar

BAD weather at the start of the year deterred party­goers from stepping out and hit sales at Britain’s biggest nightclub owner Luminar.

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Lehman Brothers release report on collapse

LAWYERS on both sides of the Atlantic must be rubbing their hands as they digest the 2,292-page report into the collapse of Wall Street bank Lehman Brothers.

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Aga demand hots up

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TOP TEN TIPS ON FINANCIAL SPREAD BETTING

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Struggling small businesses call on Government to review flat rate VAT

SMALL firms, with a turnover of less than £150,000, working in agricultural services and membership organisations sectors are among the hardest hit by increases in the flat rate of VAT rate charged by HMRC, according to new research from the Federation of Small Businesses (FSB).

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Online help for farmers facing red tape issues

A NEW online service dedicated to support farmers and small holders to help save them time and money when grappling red tape issues and planning has just been launched by Business Link.

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Cash in with equity release

Unlocking the spare capital in your property can open the door to a retirement that has more fun and fewer worries. By Harvey Jones

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