Heavily leveraged Yell Group has earned some breathing room from a deal with its lenders announced yesterday. Yell announced that it has reached terms with the “overwhelming majority of lenders” to increase the headroom on its debt. Without such concessions, Yell was at risk of violating the covenants, which require the company to stay within a...Read More

CBS plans to build deeper local online content by commissioning specific local topics for articles from thousands of writers at Examiner.com. Both parties were mum about whether revenue sharing is involved but did note that writers will receive a payment plan different from the one they get on Examiner.com. Leonard Brody, president of Clarity Digital,...Read More

More vertical deals are being introduced, as vertical publishers with specific audiences seek to tie deals to existing content, and prove to have better conversion than watered down, one-size-fits-all approaches. A few weeks ago, we wrote about Local Offer Network’s B2B efforts with Cardinal Health. Now, NimbleCommerce has been pushing on the vertical space, and...Read More

A not-for-profit business support group has said small firms should start planning now for harsh winter weather to avoid being caught out by sudden cold snaps as seen during the previous two years. fpb.org – Latest news articles from the FPBRead More

While the 2008 recession was not as deep or prolonged as the infamous 1930s Great Depression, the UK’s economy is in danger of taking far longer to recover this time round. fpb.org – Latest news articles from the FPBRead More