A man watches electronic displays at a Paddy Power bookmakers in London. Paddy Power and Betfair have announced they have agreed the terms of a possible merger. Photograph: Matthew Lloyd/Bloomberg

Shares in Irish bookmakers Paddy Power surged yesterday following the news it is planning a merger with rival Betfair to create one of the world’s big(...)

Paddy Power chief executive Andy McCue said the group expects full-year reported operating profit to be a mid to high single digit percentage above 2014 and the consensus market forecast

Bookmaker Paddy Power is planning to merge with rival Betfair in a multibillion euro deal to create one of the world’s biggest gambling companies . Th(...)

Ladbrokes tried to buy Coral in 1998, but had to give up after the then British trade and industry minister, Peter Mandelson, stopped the transaction

British bookmakers Ladbrokes and Gala Coral on Friday agreed to merge, creating a £2.3 billion (€3.2bn) business with Britain’s largest high street pr(...)

Thorntons has become something of a joke in the City for its repeated profit warnings, its failure to sell eggs at Easter or boxed chocolates at Christmas and its constant complaints about the weather being too hot or too cold – or sometimes both. Photograph: EPA

The takeover of a famous British name by an overseas bidder is usually greeted with a chorus of complaints about the erosion of the nation’s industria(...)

The bookmaker tried to buy Coral in 1998, but had to give up after the then British trade and industry minister, Peter Mandelson, stopped the transaction

Shares in bookmaker Ladbrokes jumped by more than 10 per cent on Tuesday after the company confirmed it was in merger talks with privately owned Gala (...)

Former HBOS chief executive Sir James Crosby

Sir James Crosby must be given some credit for volunteering to forgo a chunk of his lucrative HBOS pension and, in an unprecedented move yesterday,(...)