New Star Asset Management, the group that became famous for making its secretaries millionaires when it listed, has renegotiated the terms of its loans and is preparing to slash £20m of costs, as it blamed the economic crisis for a disappointing quarterly performance.

Iron leapfrog Foxes as Malpas leaves Swindon and clubs seek loans
A significant result last night as Scunthorpe showed Blues how to win at Rovers even when Lambert scores to remove Leicesters' brief reign at the top after their 1-0 win over Yeovil on Tuesday.