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Hollick takes Desmond to court

LONDON - Express Newspapers proprietor Richard Desmond was in the spotlight again today ... The money, believed to be 4m plus interest, is understood to have been outstanding since Desmond ... money from tax losses injected into the business, which is now part of Desmond's holding company, Northern & Shell. Desmond's solicitors, SJ Berwin, said Hollick's claims were "without merit ...

By Claire Billings, / Brand Republic 11-Sep-01

Desmond halves Express loan

Richard Desmond, the proprietor of Express Newspapers, has almost halved the 97m loan he took out ... LONDON (Brand Republic) - Richard Desmond, the proprietor of Express Newspapers, has almost halved the 97m loan he took out to fund the 125m acquisition of the newspaper group in November last year. The funds are understood to have come from operating cash flow at Northern 1. He is said to have saved 30m ...

By Claire Billings / Brand Republic 26-Feb-01

ABCs bring respite for Desmond

owner Richard Desmond, as both the Sunday Express and Daily Star report improved sales. ... ,388,529 and had a year-on-year circulation increase of 6.5%. More impressive were sales of Desmond's red ... . It was the only red-top paper to show a year-on-year increase. Desmond has ploughed investment into the paper ...

Brand Republic 14-May-01

Desmond to seek radio and TV acquisitions

LONDON - Richard Desmond, the controversial proprietor of Express Newspapers, is seeking ... Desmond is understood to have been offered finance of around 1bn by Commerzbank, the German bank behind his 125m purchase of the Express titles last November. Since he bought the titles, Desmond ... media player. Desmond aims to double the circulation of the Daily Express and attempt to unseat ...

By Claire Billings / Brand Republic 20-Jul-01

Desmond to axe 145 jobs at the Express

Express Newspapers owner Richard Desmond is to axe 145 jobs following a strategic review ... LONDON (Brand Republic) - Express Newspapers owner Richard Desmond is to axe 145 jobs following a ... . Desmond is said to be meeting today with union representatives to discuss his plans. He is said to have ... and Daily Star. Desmond hopes the savings will contribute to achieving operating profit at the group of 50m ...

By Claire Billings / Brand Republic 15-Mar-01

Desmond pledges commitment to Express titles

Richard Desmond, the controversial new proprietor of Express Newspapers, has pledged his commitment ... LONDON (Brand Republic) - Richard Desmond, the controversial new proprietor of Express Newspapers ... following reports that sister title, the Daily Star, would fit in more comfortably with Desmond’s other ... allow Desmond to focus investment plans on the Daily Star, which has recently seen its circulation pass ...

By Claire Billings / Brand Republic 09-Jan-01

Telegraph dumps Desmond and signs with Murdoch

LONDON - The Telegraph Group has dumped its joint venture printing deal with Richard Desmond ... the source of great controversy. In 2004, Desmond fell out with Telegraph management when, at a West Ferry ... , giving Desmond the option to buy the Telegraph s stake in the West Ferry print plant. However, Desmond ... to maintain a printing facility at West Ferry, but Desmond has hit out at the move, claiming it is comparable ...

By Darren Davidson / Brand Republic 01-May-07

Desmond to sell Westferry printing to Hollinger

Express Newspapers owner Richard Desmond is understood to have agreed to sell his stake ... LONDON (Brand Republic) – Express Newspapers owner Richard Desmond is understood to have agreed to sell his stake in the Westferry printing plant to Daily Telegraph publisher Hollinger, which co ... it does not already own. A sale of Desmond’s share of the business, which was acquired with the Express ...

By Claire Billings / Brand Republic 06-Feb-01

Desmond accused of exaggerating profits by rival

Desmond, as he is accused of exaggerating the profits his company Northern & Shell made last year ... on an interview with Desmond, reported that his company was set to report operating profits of £60m. However ... . They said that £21m paid to Desmond should be added to profits and that £15m of price discounts on newspapers should be included in the bottom-line figures. They also said that Desmond's holding company ...

By Claire Billings, / Brand Republic 19-May-03

Richard Desmond in legal fray with Telegraph

with Express Newspaper proprietor Richard Desmond over the ownership of their jointly-owned West Ferry printing ... into a fierce legal battle with Express Newspaper proprietor Richard Desmond over the ownership of their jointly-owned West Ferry printing business. Lawyers acting for Desmond are believed to have served a ... of wrangling over the value Desmond’s half of the business, which he acquired when he took over Express ...

By Claire Billings / Brand Republic 20-Apr-01

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