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Concord agrees £1.1bn deal to buy music rights fund Hipgnosis

The board of the fund, which owns the back catalogues for artists including Justin Bieber and Shakira, has backed the 93.2 per share deal.

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IMF chief quotes Churchill as she warns of global chaos

The head of the International Monetary Fund has urged countries to cut debt and slash red tape to revive growth as she warned the world was becoming more vulnerable to economic shocks.

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Hipgnosis delays results amid valuation doubts

The troubled investment trust, which owns the back catalogues of musicians such as Blondie, Neil Young and The Kaiser Chiefs, was due to reveal its financial results on Tuesday.

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