alchemy


One of the UK's most outspoken businessmen says the UK economy is weeks away from recession.

An Inverness IT firm is softening the blow of job loses in Dingwall by taking over parts of a failed technology company.

An investment group says it is interested in bidding for the UK's largest coal producer despite its approach being rejected.

Indian investigative reporter Tarun Tejpal has turned to fiction with first novel The Alchemy Of Desire.

Venture capitalist Alchemy offers £3.8m for failing software group Cedar, which was once worth nearly £1bn.

Scottish Premier League chief executive Roger Mitchell would consider merging with the English Nationwide League if it meant increasing revenue.

Rover: one year on

One year after BMW put its Rover subsidiary up for sale, the UK carmaker confounds its critics, but questions remain.

Rover's new bosses defend their revival strategy after claims that the car giant will be 'fighting for survival' by March

Rover cars will be fighting for its survival within months, according to the head of the venture capital group which tried to buy it from BMW.

After a turbulent two months of negotiations, a bid by Phoenix for Rover Cars has succeeded.

BMW says Phoenix has not sufficient finance for its Rover bid, as the consortium declines to comment on reports that it has trouble finding backers.

The head of the Phoenix consortium which hopes to buy Rover says he has had "detailed and positive" talks with BMW.

Venture capitalist Alchemy suggests a deal to buy Rover Cars may not be dead, as rival consortium Phoenix meets BMW.

The German car manufacturer, BMW, opens formal negotiations today with a new consortium which says it wants to buy BMW's heavy loss-making British subsidiary, Rover.

BMW is to begin talks with Phoenix on Tuesday over the sale of Rover Cars amid union optimism that the ailing carmaker will be saved.

Union leaders seek urgent talks with BMW to try to save the Longbridge plant, after the breakdown of talks with main bidders Alchemy.

Alchemy's shock pull-out over buying beleaguered Rover is given lengthy coverage in all of the nationals.

BMW agrees to open talks with Phoenix but warns it may have to shut down Rover Cars after Alchemy pulls out of talks to buy the UK car maker.

Trade Secretary Stephen Byers is urged to act as "honest broker" to save Rover following the collapse of take-over talks.

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