Independent day

The Independent could be free under a new owner

2010. March 11. 0:47

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Roger Alton quits as editor of the Independent after Lebedev takeover [Telegraph.co.uk] Apr. 9. Roger Alton has stepped down as editor of The Independent just two weeks after the newspaper was acquired by Alexander Lebedev, the Russian billionaire and former KGB agent. Lebedev scoops up The Independent for 1 [FT.com] Marc. 25. The protracted sale has finally completed after Alexander Lebedev, the former KGB colonel who controls Londons Standard, reached terms with the struggling newspapers owners Alexander Lebedev to buy the Independent "within 24 hours" [Telegraph.co.uk] Marc. 24. Alexander Lebedev, the former KGB spy, is expected to finally announce that he has bought the The Independent and Independent on Sunday"within the next 24 hours", after the papers' paren... US reports record budget deficit [BBC NEWS] Marc. 11. The US government records a budget deficit of $221bn (£147.6bn) in February - the largest monthly deficit in its history. Regus uses insolvency tools to cut rents [FT.com] Marc. 11. The serviced offices group has demanded rental cuts and concessions from landlords under a plan that could see parts of its business being put into administration Shinsei in capital drive as merger falters [FT.com] Marc. 11. The Japanese bank is preparing to raise about Y75bn in fresh capital as a merger with a rival domestic lender once seen as a lifeline is in danger of collapse Upturn casts doubt on Japan banks' union [FT.com] Marc. 11. The logic behind the proposed merger of Japanese banks Shinsei and Aozora has disappeared following a return of stability to global financial markets NAPF to call for overhaul of rules [FT.com] Marc. 11. The trade body representing UK pension plans is to call for an overhaul of the accounting rules that govern the disclosure of company retirement liabilities Barclays' nous lifts hopes of US dream [FT.com] Marc. 11. The bank's retail banking division is drawing up a strategic plan which will focus on how the group could break into the US market via a big acquisition Citi chief is on a mission of transformation [FT.com] Marc. 11. Shifting focus and reviving belief are key to the bank's plans for change Pandit sees revival of Citi's fortunes [FT.com] Marc. 11. Vikram Pandit, Citigroup's chief executive, will raise the prospect of the US bank earning as much as $20bn from its core business within a few years, a big increase from current levels that would mar... Mexican shakes up world rich list [BBC NEWS] Marc. 11. Mexican Carlos Slim overtakes Bill Gates as the world's richest man, according to the Forbes "rich list", with a fortune of $53.5bn.