Diageo buys Clooney's tequila, the Imagination song, Provident's wobble

There have been plenty of ups and downs for the London market since our last missive. Click here for our take on sub-prime lender Provident Financial's (PFG) home credit problems. In last month's Boardroom Talk podcast interview with chief executive Peter Crook - that's here - we discussed the disruption risk from the divisional overhaul, and the other near-term challenges for the valuation. Those have been brought into sharp relief.

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