RAB Capital loses chief executive following delisting
Charles Kirwan-Taylor has left the firm in the latest development marking the gradual decline of a once-great hedge fund manager.....
Living wills delay brings frustration
Experts warn inconsistencies in resolution regimes across Europe may increase contagion.....
Top ex-3i executives drop plans for fund
Philip Yea, former chief executive at private equity firm 3i Group and senior business adviser to Prince Andrew, Duke of York, has dropped plans to raise a £200m energy-focused fund.....
Sidecar refreshes Duke Street fundraising
UK mid-market buyout firm Duke Street, which has taken longer than expected to hold the first close of its current €850m fundraiser, has launched a sidecar fund for selected investors.....
Are National Grid shares set for pensions bounce?
National Grid has agreed to stump up an extra £705m over the next 15 years to fix the deficit in its £14bn pension scheme.....
Bankers adapt to new M&A market
The mergers and acquisitions departments of investment banks are changing how they work and the services they offer in the hope of stealing a march on rivals ahead of a hoped for resurgence in activity.....
Banks push SSA clients for collateral
Banks are stepping up their efforts to restructure transactions that require them, but not their sovereign counterparties, to post collateral.....
Anger at EUs confusion over securitisation
Bankers have reacted angrily to misleading language in an EU document that suggested asset-backed securities could be approved for use in banks' liquidity buffers.....
Anti-bribery standards vary between managers
Reporting thresholds on gifts and entertainment for fund managers ranging from £25 up to £500 could potentially creating an uneven playing field across the sector, according to Ernst & Young.....
CME eyes second-half launch for rates clearing
.....
State shares sales hit near-20-year low
Last year was the worst for worldwide privatisations since records began 17 years ago, as countries recoiled from volatile markets and investor appetite weakened.....
Goodwin stripped of knighthood
Former Royal Bank of Scotland chief executive Fred Goodwin, heavily criticised over the bank's near collapse, loses his knighthood......
Gym contracts under investigation
Gym membership contracts are to be put under the spotlight by the fair trading regulator, following customer complaints......
Amazon warns on falling profits
Online retail giant Amazon announces a sharp fall in profits and warns about worse than expected results this year......
Record fall in personal borrowing
The amount of non-mortgage borrowing held by consumers fell in December by the largest amount on record, 377m, the Bank of England says......
US home prices continue to drop
Single-family home prices in the US dropped by 0.7% in November, amid weaker consumer confidence......
Tesco market share dips below 30%
Tesco's share of the UK grocery market dips below 30% for the first time in nearly seven years, figures show......
200,000 homes 'at flooding risk'
The Association of British Insurers estimates that up to 200,000 flood-prone homes could face insurance problems next year......
Euro unemployment hits new record
The unemployment rate in the eurozone hit a record high of 10.4% at the end of last year, the Eurostat agency says......
Arm Holdings profits up over 40%
Arm Holdings, which designs chips used in iPhones, sees its profits rise after successfully agreeing more deals to licence its designs......
Exxon profits rise on oil prices
The world's largest public company, Exxon Mobil, has seen its profits rise despite producing less oil due to the higher price......
Pension change 'will save little'
The government's latest public sector pension changes will make "little or no difference" to their long-term cost, a think tank says......
Package deals boost Sky profits
BSkyB profits increase due to sales of its broadband, telephone and TV packages to its existing customers......
Dixons Retail chief joins Apple
The chief executive of Dixons Retail, John Browett, is leaving the electrical goods firm to join technology giant Apple......
Ocado posts 2.4m loss for 2011
Online grocer, Ocado, which mostly sells Waitrose goods, jump by a third after a jump in sales during 2011......
French close in on India jet deal
French firm Dassault emerges as preferred bidder for a $10bn contract to supply jet fighters to India, in a major setback for Eurofighter......
Average water bills to rise 5.7%
Water and sewerage bills in England and Wales will rise on average by 5.7% to 376 from April, with some customers paying 8.2% more......
Sainsbury's rebrands tiger bread
Sainsbury's is renaming its tiger bread after a letter a three-year-old girl wrote to the company, saying the bread looked more like a giraffe, went viral......
West End ticket sales hit 528m
London's Theatreland enjoyed record box office sales in 2011 for an eighth consecutive year, according to figures released by the Society of London Theatre......
House prices fell by 1.3% in 2011
House prices in England and Wales fell by 1.3% last year, to an average of 160,000, according to figures from the Land Registry......
Teaching union backs pension deal
The ATL teachers' union backs the government's revised deal on pensions in a ballot......
Elderly 'hit as social care cut'
Spending on social care for the elderly is falling this year - despite the assurances of ministers, an analysis by campaigners suggests......
Czechs and UK refuse EU agreement
Twenty-five of the 27 EU states agree to sign a fiscal pact for stricter rules to try to prevent future debt crises, with the UK and Czech Republic refusing......
China loses WTO appeal on exports
The World Trade Organization's appeals panel upholds a ruling that China broke trade rules by restricting exports of some raw materials......
Japan industrial output rebounds
Japan's industrial output rises more than expected in December as manufacturers recover from the floods in Thailand......
Honda sees sharp drop in profit
Honda, announces a 41% drop in quarterly profit, as it continues to feel the impact of Japan's natural disasters and the floods in Thailand......
Japan firms to pay antitrust fine
Japan's Yazaki Corporation and Denso Corporation agree to plead guilty for fixing prices of auto parts supplied to US manufacturers......
Spain property woes hit Santander
Santander reveals a 35% fall in annual profits after the group took extra provisions for deteriorating real estate assets in Spain......
Sportsday Live - Transfer Deadline Day
Bobby Zamora completes his 4m move to QPR and Tottenham sign Everton striker Louis Saha before the January transfer window closes......
ECB renews BSkyB television deal
The ECB announces a new broadcasting agreement with Sky Sports running from 2014 until 2017, with an option to extend until 2019......
Pompey fail to pay players' wages
Portsmouth fail to pay their players' wages for January, the club have announced in a statement......
AUDIO: Jackie Stewart defends Goodwin
Former Royal Bank of Scotland chief executive Fred Goodwin, heavily criticised over the bank's near collapse, has lost his knighthood......
VIDEO: Goodwin stripped of knighthood
Former Royal Bank of Scotland boss Fred Goodwin has had his knighthood removed......
VIDEO: Goodwin will feel 'scapegoated'
Former Royal Bank of Scotland chief executive Fred Goodwin, heavily criticised over the bank's near collapse, has been stripped of his knighthood......
VIDEO: Saving High Street shops
Giles Dilnot looked at plans to save the High Street and spoke to retail analyst Natalie Berg and Conservative MP Zac Goldsmith......
VIDEO: Tax deadline extended by two days
HM Revenue and Customs has decided not to issue penalty fines to anyone missing Tuesday's deadline for self-assessment returns - because tax office workers are striking......
VIDEO: Wedding shop with too many dresses
Businesswoman Alex Polizzi attempts to turn around a family wedding business in Kettering, and has to deal with lack of financial knowledge and rowing siblings......
VIDEO: Amazon expects low growth for late 2011
Amazon has been pushing into new markets with products like the Kindle e-book, but investors are worried that the expansion is coming at the expense of profits......
AUDIO: Apple's UK chip firm 'not worried' about Intel threat
Warren East chief executive of ARM Holdings whose technology powers Apple's widely popular iPhone and iPad speaks to the Today programme's Simon Jack as his company reports a rise in profits by 37% for last year......
Why Greece won't go away
A Greek debt deal won't resolve the country's real problems.....
India's richest shrine goes green
India's richest shrine goes into the carbon credit trade.....
Unilever to face more pension action
Union leaders plan next step in Unilever pension battle.....
How do countries run their state banks?
How do other countries run their state banks?.....
Brics catch quickfire trade habit
Ultra-fast share trading is catching on in emerging markets.....
Davos 2012: A year of worries
The mood, parties, optimism and doubts at Davos 2012.....
The Chinese challengers to Sotheby's and Christie's
Sotheby's and Christie's face new Chinese rivals.....
The U.S. Day Ahead: Perhaps a peak at Facebook IPO details
Jan. 31 - Details of the long-awaited Facebook IPO could be revealed on Wednesday as the social media giant is expected to submit documents to the SEC......
Facebook's Zuckerberg could be next Gates, Jobs: Weber says
West Coast bureau chief Jonathan Weber says the difference between Facebook and tech IPOs of the 1990s is that Facebook already has substantial revenue and profit. He believes interest in the IPO will be high......
Trading at Noon: Wall St. flat after weak data, earnings
Jan. 31 - U.S. stocks turned flat after mixed earnings and weaker-than-expected data on Midwest business activity and consumer confidence......
Hungary's airline Malev runs out of cash
Jan. 31 - Budapest Airport could lose 40% of its traffic if Hungarian airline Malev goes bankrupt. Ciara Sutton reports......
Europe Day Ahead: Wednesday
Jan. 31 - A look at the day ahead on Wednesday including euro zone debt crisis, Merkel in China, Portugal bond auction and Fiat Q4 results......
Samsung loses ground in patent spat
Jan.31 - As a German court refuses to overturn a ruling to barring Samsung from selling its Galaxy 10.1 tablets in Europe's largest economy, EU regulators launch a probe into whether it breached antitrust rules. Matt Cowan reports.....
Morning Briefing: Facebook divide, Oracle-HP legal spat
Jan. 31 - Two views on the expected IPO filing of Facebook, Oracle loses a legal fight against HP, and more in our U.S. Morning Briefing......
Markets rise on Greek debt talks
Jan.31 - Greek Prime Minister Lucas Papademos says negotiators have made "significant progress" towards striking a restructuring deal for Greek government debt. Ciara Sutton reports.....
U.S. Morning Call: Facebook nears a status update
Jan. 31 - It's all about prestige not profit as investors clamor for a piece of Facebook, as the social network prepares to go public......
London braces for Olympic traffic
Jan.31 - Concerns are rising about the ability of London's transport network to cope with traffic during the Olympics. London Mayor Boris Johnson is urging Olympic dignitaries to take public transport instead of chauffeur-driven limousines to help av.....
'Occupy DC' defy camping ban
Jan. 31 - Anti-Wall Street demonstrators remain in their tents at two Washington D.C. parks, as a deadline for them to leave passes without incident. Travis Brecher reports......
Reuters Breakingviews: Austerity wont save Greece & Portugal
Breakingviews.....
Inside the News: Top stories and analysis
Jan. 31 - A look at the early action in the European markets and the day's hot stocks, as well as a final wrap-up of Asia trading......
EU signs up to tighter fiscal rules
Jan 31 - All but two of the European Union's 27 member states sign up to a treaty that threatens sanctions for breaches of budget deficit limits. Paul Chapman reports......
Shanghai pushes yuan plan
Jan. 31 - Shanghai has bold plans to become a massive yuan trading hub by 2015, but its inability to reform quickly means Hong Kong will hold its crown as the top yuan trading hub. Tessa Dunlop reports......
Honda sees 65 percent slide in full year earnings
Jan. 31 - Honda posts sharp fall in quarterly earnings, forecasts worse-than-estimated drop in full year operating profit to 200 billion yen ($2.6 billion). Arnold Gay reports......
Facebook under the microscope
Jan 30 - Speculation of a Facebook initial public offering has put the leading social network under the microscope, especially when it comes to estimates the company could be initially valued at up to $100 billion. Conway G. Gittens reports......
Santander's property hangover
Jan.31 - The euro zone's biggest bank Santander has reported a sharp drop in annual profit after it set aside money to cover foreclosed Spanish property, anticipating government demands for lenders to recognise losses in the sector. Sonia Legg report.....
Market Pulse: Precious metals close storming month on a high
Jan. 31 - Gold and platinum gain more than 10% in January on U.S. growth worries......
Occupy protesters hold ground in Washington, D.C.
Jan. 30 - Occupy protesters in Washington hold their ground as a police deadline to remove bedding from their camps passes without incident. Deborah Lutterbeck reports......
Cruise crash dents Carnival profits
Jan 30 - Summary of business headlines: Carnival and Wendy's cut forecasts; stocks slip on Greece worries; U.S. incomes rise, but so do savings. Bobbi Rebell reports......
Colombia still bets on Valentine's Day roses
Jan. 30 - Colombia fears bad weather and global economic problems will affect Valentine's Day flower exports. Deborah Lutterbeck reports.....
U.S. Day Ahead: Amazon's 2012 outlook will be key
Tech Reporter Alistair Barr says Wall Street will focus on Amazon's 2012 outlook when the online retail giant reports fourth-quarter results after the close......
EU leaders agree on bailout fund
EU leaders have reached an agreement at a summit on the introduction of a permanent euro zone bailout mechanism from July 2012. Sonia Legg reports.....
Stocks shake as Greek talk stall
Jan 30 - Summary of business headlines: Wall Street starts lower on tough talk between Germany and Greece; ABB buying Thomas Betts; U.S. consumer spending flat in December. Conway G. Gittens reports......
German jobs miracle as Latin unemployment soars
Germany is enjoying the greatest jobs boom in 20 years even as unemployment rises to post-EMU highs across southern Europe, stretching the euro's North-South divide ever closer to breaking point.<img width='1' height='1' src='http://telegraph.feed.....
Apple picks Dixons' boss John Browett as new head of retail
Dixons' shares tumbled on Monday after US technology giant Apple crowned John Browett, the boss of the UK electricals chain, as its new head of retail.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4d443a/mf.g.....
London Mayor says 'bonjour' to banks fleeing French tax
Britain should welcome with "open arms" French banks that want to move business from Paris to London to escape France's new financial transaction tax, according to the Mayor of London and Britain's top bank lobbyist.<img width='1' height='1' src='.....
France's Dassault beats BAE Systems to clinch Indian government fighter jet contract
Britain has suffered a major industrial setback after the Indian government chose French manufacturer Dassault as its preferred partner for an $11bn (7bn) contract to supply fighter jets.<img width='1' height='1' src='http://telegraph.feedsportal......
Santander UK hit by PPI mis-selling provisions
Profits at the UK arm of Spanish banking group Santander fell 40pc last year to less than 1bn, as it was hit by the cost of setting aside money to pay compensation claims to customers who were mis-sold payment protection insurance.<img width='1' h.....
BSkyB unveils new online TV service as profits jump but growth in customer base slows
BSkyB is to launch an online television service and invest heavily in customer care to help combat a sharp slowdown in the growth of its customer base.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c47efbf/mf.g.....
Debt crisis: as it happened - January 31, 2011
Prime Minister tells Parliament he will use legal action if the new treaty being agreed between 25 states threatens the country's national interests and rejects suggestions that the fiscal pact creates a new 'inner group" within the EU.<img width=.....
SSE sees increased profits as energy usage falls
Gas and electricity demand plummeted as consumers turned down their heating during the mild months at the end of last year, energy utility SSE said on Tuesday, but it still expects profits to grow.<img width='1' height='1' src='http://telegraph.fe.....
EasyJet chairman hits back Sir Stelios' claims
EasyJet chairman Sir Mike Rake has delivered his strongest rebuttal yet to what he termed the "numerous inaccuracies and attacks on individuals" from the airline's founder Sir Stelios Haji-Ioannou.<img width='1' height='1' src='http://telegraph.fe.....
ARM profits leap on soaring smartphone sales
Shares in ARM Holdings jumped 2pc to 609.5p on Tuesday after strong sales of smartphones and tablets helped it deliver a record finish to the year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4d09cb/mf.gif' .....
Coryton receives enough crude for 'a number of days'
Coryton refinery has received a cargo of crude oil to enable production to continue for "a number of days", as its administrators warned that they were "living from hand to mouth" and could make no guarantees about the plant's future.<img width='1.....
Debt crisis: live
Prime Minister tells Parliament he will use legal action if the new treaty being agreed between 25 states threatens the country's national interests and rejects suggestions that the fiscal pact creates a new 'inner group" within the EU.<img width=.....
BP suffers setback on Gulf of Mexico spill costs
BP suffered another setback in its attempts to share the costs of the Gulf of Mexico disaster, as a US court ruled it must shield its contractor Halliburton from some damage claims.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Fred Goodwin is shredded: former RBS boss stripped of knighthood
Disgraced former bank boss brought honours system into disrepute says Cabinet Office, as Cameron hails "right decision".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4d069b/mf.gif' border='0'/>.....
George Osborne: RBS under chief executive Fred Goodwin symbolised 'everything that went wrong' with British economy
George Osborne says it is right that the former RBS boss is stripped of his knighthood due to his mishandling of the bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4ca981/mf.gif' border='0'/><br/>.....
Stobart property sale opposed by shareholder body PIRC
Influential shareholder group PIRC has urged investors not to back a controversial 100m property transaction planned by transport group Stobart.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4c81b6/mf.gif' bor.....
Warning of post-Christmas hangover for pubs
While the market bubbled up, pub companies experienced varying fortunes as City scribblers cautioned that after the Christmas party, a headache could hit the sector.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
North Sea oil leak halts 15pc of BP's UK production
BP expects its Foinaven oilfield off northern Scotland, which accounts for 15pc of its UK production, to remain shut for weeks while it investigates a "small" oil leak.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Agent Provocateur gets its knickers in a twist
Oh Oh. Am I in trouble. Writing about sexy underwear is dangerous enough, without ruffling the White House's feathers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4c9fb8/mf.gif' border='0'/><br/><.....
Italians smuggle cash into San Marino to beat tax crackdown
Italians desperate to beat the taxman are smuggling undeclared cash into the tiny republic of San Marino in their underwear and shoes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4c9ae1/mf.gif' border='0'/&g.....
FTSE 100: Oil majors fuel blue-chip rebound
Oil explorers and producers helped to haul the large-caps back into positive territory as investors were heartened by robust results from a clutch of blue-chip players.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Almost one in four apprentices drop out
Almost a quarter of apprentices drop out of the taxpayer-backed training scheme, with little sign of improvement year-on-year, official figures revealed today.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4c9.....
Former RBS chief executive Fred Goodwin stripped of his knighthood
Disgraced former RBS boss degraded honours system says Cabinet Office, as David Cameron claims it was "right decision".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4c9ae5/mf.gif' border='0'/>.....
Household debt purge hit Christmas retail
Britain's retailers suffered at Christmas because cash-strapped households chose to pay down their debt rather than borrow in December for the first time on record.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Misery for 750,000 as Standard Life cuts bonus rates
Around 750,000 Standard Life with-profits policyholders have suffered bonus cuts of half a percentage point.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4b9076/mf.gif' border='0'/>.....
Tuesday, 31 January 2012
Monday, 30 January 2012
UK Financial News on 2012-01-30
RAB Capital loses chief executive following delisting
Charles Kirwan-Taylor has left the firm in the latest development marking the gradual decline of a once-great hedge fund manager.....
Living wills delay brings frustration
Experts warn inconsistencies in resolution regimes across Europe may increase contagion.....
Top ex-3i executives drop plans for fund
Philip Yea, former chief executive at private equity firm 3i Group and senior business adviser to Prince Andrew, Duke of York, has dropped plans to raise a £200m energy-focused fund.....
Sidecar refreshes Duke Street fundraising
UK mid-market buyout firm Duke Street, which has taken longer than expected to hold the first close of its current €850m fundraiser, has launched a sidecar fund for selected investors.....
Are National Grid shares set for pensions bounce?
National Grid has agreed to stump up an extra £705m over the next 15 years to fix the deficit in its £14bn pension scheme.....
Bankers adapt to new M&A market
The mergers and acquisitions departments of investment banks are changing how they work and the services they offer in the hope of stealing a march on rivals ahead of a hoped for resurgence in activity.....
Banks push SSA clients for collateral
Banks are stepping up their efforts to restructure transactions that require them, but not their sovereign counterparties, to post collateral.....
Anger at EUs confusion over securitisation
Bankers have reacted angrily to misleading language in an EU document that suggested asset-backed securities could be approved for use in banks' liquidity buffers.....
Anti-bribery standards vary between managers
Reporting thresholds on gifts and entertainment for fund managers ranging from £25 up to £500 could potentially creating an uneven playing field across the sector, according to Ernst & Young.....
CME eyes second-half launch for rates clearing
.....
State shares sales hit near-20-year low
Last year was the worst for worldwide privatisations since records began 17 years ago, as countries recoiled from volatile markets and investor appetite weakened.....
Czechs and UK refuse EU agreement
Twenty-five of the 27 EU members agree to sign a fiscal pact setting up stricter rules to try to prevent future debt crises, with the UK and Czech Republic refusing......
Cameron urges RBS bonus restraint
The government will not block bonuses for other RBS executives, after its chief executive waives his award, but David Cameron urges it to show 'restraint'......
France cuts 2012 growth forecast
France cuts its growth forecast for this year to 0.5% from 1% to "take into account the deterioration of the economic situation"......
China loses WTO appeal on exports
The World Trade Organization's appeals panel upholds a ruling that China broke trade rules by restricting exports of some raw materials......
Easyjet's 'gravy train' blasted
Easyjet founder Sir Stelios Haji-Ioannou denounces executives at the airline over their "fat cat bonuses"......
Megaupload data deletion worries
A letter from the US Attorney's Office prompts concern that Megaupload users' data may be deleted......
Ryanair reports 14.9m euro profit
Ryanair reports a net profit of 14.9m euros ($19.6m; 12.5m) in the last three months of 2011, thanks to higher fares and better weather conditions......
Music rights firms target users
Two business are urging wedding video makers and other users to pay for music licences before adding clips to the web......
House prices fell by 1.3% in 2011
House prices in England and Wales fell by 1.3% last year, to an average of 160,000, according to figures from the Land Registry......
Weak European demand hits Philips
Dutch group Philips Electronics reports a 160m euro ($210m; 134m) net loss for the fourth quarter of 2011, hit by weak demand in Europe......
UBS 'rogue' trader denies charges
Alleged rogue trader Kweku Adoboli pleads not guilty to two charges of false accounting and two of fraud while working for Swiss bank UBS......
Starbucks to open stores in India
Starbucks unveils plans to open its first India stores, in a joint operation with Tata Global Beverages......
Sarkozy sets out 'Robin Hood' tax
French President Nicolas Sarkozy announces the introduction of a tax on financial transactions, as the presidential election looms......
Teaching union backs pension deal
The ATL teachers' union backs the government's revised deal on pensions in a ballot......
Spain airline suddenly collapses
Spain's fourth-largest airline Spanair collapses, leaving more than 20,000 passengers stranded across Europe and Africa......
Iran seeks to halt some oil sales
The dispute between Iran and Western economies escalates after Tehran says it will stop oil sales to some countries......
Elderly 'hit as social care cut'
Spending on social care for the elderly is falling this year - despite the assurances of ministers, an analysis by campaigners suggests......
Spain's economy contracts by 0.3%
The Spanish economy shrank by 0.3% in the fourth quarter of 2011, amid expectations that Spain will fall into recession this year......
Greece budget veto 'impossible'
Athens rejects outright German proposals for an EU power of veto over the Greek budget, with a minister threatening to quit over the issue......
Facebook 'prepares to go public'
Facebook will begin the process of becoming a publicly-listed company this week, valuing the social networking site at between $75bn and $100bn, reports suggest......
Bangladesh signs India power deal
India and Bangladesh sign a deal to build a plant to address Bangladesh's power shortages, despite opposition from environmentalists......
India football auction hits $7m
India holds its first auction of football players, ahead of a league competition that hopes to mirror the success of the IPL cricket tournament......
Tube workers reject Olympics deal
The RMT rejects an offer of a 500 bonus for Tube workers on shift during the Olympics......
VIDEO: RBS boss rejects 1m bonus
Royal Bank of Scotland chief executive Stephen Hester will not take his near 1m bonus, the BBC has learned......
AUDIO: Politicians taste 'first blood' on bonuses
Robert Peston, Sir Philip Augur, group managing director at Schroders, and Nick Robinson analyse RBS chief executive Stephen Hester's decision to waive his 1m bonus......
AUDIO: Hague: UK will not block eurozone
Foreign Secretary William Hague has said he is not currently planning on standing in the way of the new eurozone fiscal pact countries using EU institutions......
VIDEO: Strike brings Belgium to a halt
Trains, buses and trams were at a standstill and protesters blocked several major roads on Monday as unions in Belgium held their biggest strike in nearly two decades......
AUDIO: Bonus culture: 'Enough is enough'
Labour's business spokesman Chuka Umunna reflects on the decision of RBS boss Stephen Hester not to take up his bonus of shares worth one million pound......
VIDEO: People favour cap on bosses' pay
A poll by the High Pay Centre suggests most people favour a cap on bosses' pay......
VIDEO: Living like London's super-rich
London has always attracted the super rich - even with a global economic downturn, the city is still benefitting, as BBC's Aaron Heslehurst has been finding out......
How do countries run their state banks?
How do other countries run their state banks?.....
Davos 2012: A year of worries
The mood, parties, optimism and doubts at Davos 2012.....
The Chinese challengers to Sotheby's and Christie's
Sotheby's and Christie's face new Chinese rivals.....
Home comforts can be hard to find for the expat
Coming home can be the hardest posting for roaming professionals.....
Protest and power: Alternative voices at Davos
Alternative views on how to fix the world economy.....
What drives US entrepreneurship?
What drives American entrepreneurship?.....
Tech is key to Philips' healing
Healing technology aids financial health.....
U.S. Day Ahead: Amazon's 2012 outlook will be key
Tech Reporter Alistair Barr says Wall Street will focus on Amazon's 2012 outlook when the online retail giant reports fourth-quarter results after the close......
EU leaders agree on bailout fund
EU leaders have reached an agreement at a summit on the introduction of a permanent euro zone bailout mechanism from July 2012. Sonia Legg reports.....
Stocks shake as Greek talk stall
Jan 30 - Summary of business headlines: Wall Street starts lower on tough talk between Germany and Greece; ABB buying Thomas Betts; U.S. consumer spending flat in December. Conway G. Gittens reports......
Trading at Noon: Wall St. led lower as banks extend losses
Jan. 30 - U.S. stocks extended losses, with all three major indexes falling more than 1 percent, as concerns grew about the state of Europe's finances......
Jobs on EU agenda as Spain slides
Jan.30 - European Commission president Jose Manuel Barroso says youth jobs are a priority, as the Spanish economy looks set to slip into a long recession. Ciara Sutton reports.....
U.S. debt market could be in for "major accident": Camp
Jan. 30 - Eagle Asset Management's James Camp says that while U.S. treasuries are getting a bit of a break due to Europe's debt concerns, he expects yields on the 10-year could fall as low as 1.5%......
EU leaders debate Greece and growth
Jan.30 - EU leaders discussed how to reconcile austerity with growth at their first summit of the year, but the meeting was overshadowed by worries about Greece's unresolved debt restructuring talks with its private bondholders. Joanna Partridge repo.....
Europe Day Ahead: Confidence ebbs as debt concerns grow
Jan. 30 - Europe's sky high sovereign debts return to centre stage as leaders hold their 17th summit in two years......
Morning Briefing: Germany, Greece wrangle over budget
Jan. 30 - Greece and Germany spar over budget measures for Athens as European Union leaders prepare to sign off on a permanent rescue fund for the euro zone......
ECB slashes bond buys despite renewed Portugal attack
Jan. 30 - The ECB cut its bond purchases to almost zero last week despite renewed market attacks on Portugal. Daiwa Capital Market's Chris Scicluna says Lisbon is almost certain to require a second bailout......
Opposition slams Sarkozy's growth plans
Jan.30 - France's Socialists have poured scorn on French President Nicolas Sarkozy's plan to hike VAT as yet more austerity that will hit the poor. Ciara Sutton reports.....
General strike paralyses Belgium
Jan. 30 - Belgium's general strike against a government austerity plan halts transport and closes schools and businesses. Lindsey Parietti reports......
Philips profit halved as Europe falters
Jan.30 - Philips Electronics reported a 45 percent fall in fourth-quarter core profit on Monday to 503 million euros, in line with the company's own forecast earlier this month, and said it was cautious on prospects for 2012, especially in Europe. Ha.....
U.S. Morning Call: Stock futures off, changes at BofA, Citi
Jan. 30 - U.S. stock index futures are pointing to a lower open on Wall Street. Bank of America shakes up leadership at its investment bank, and Citi chairman, Richard Parsons considers giving up his position......
Three bad fairies at euro feast - Reuters Breakingviews
Breakingviews editor Hugo Dixon......
Reuters Breakingviews: RBS crisis should prompt pay re-write
Breakingviews......
EU leaders gather in Brussels for a summit supposed to focus
Jan. 30 - EU leaders gather in Brussels for a summit supposed to focus on jobs and growth......
Philips CEO on Q4 earnings
Jan. 30 - Philips CEO Frans van Houten says he is looking outside Europe for growth after reporting a 45% decline in core profits......
Belgium feels bite of 24-hour strike
Jan 30 - Belgium at a standstill as a 24-hour strike in protest against government austerity measures takes effect. Paul Chapman reports......
China soccer looks abroad for stars
Jan. 30 - Will superstars like former Chelsea striker Nicolas Anelka give China's corrupted game a free kick at redemption? Critics say no. Jane Lanhee Lee......
China's returning migrants workers face bleak prospects
Jan. 30 - Migrant workers in China return to work after the Lunar New Year holidays, but face layoffs as demand for their exports fall. Arnold Gay reports......
Market Pulse: Italian yields fall after auction
Jan. 30 - Italy's 10 year borrowing costs fall as Rome passes a key test of demand for longer dated paper......
Debt crisis: live
French president Nicolas Sarkozy says the Czech PM won't sign up to the financial stability treaty, already vetoed by Britain, and that a deal on Greece's debt could be agreed in 'days'.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
BlueCrest set for $200m IPO of BlueTrend fund
BlueCrest Capital, one of Europe's most famous hedge funds, is set to launch a $200m (127m) IPO for its computer driven hedge fund BlueTrend.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c44b68e/mf.gif' border.....
Taxpayers lose 900m as RBS shares fall
Value of shares in RBS and Lloyds falls amid fears backlash against bonuses will damage their performance.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c44b68f/mf.gif' border='0'/><br/><br/><.....
Is the West finished? Perhaps not quite
For me, the defining image from Davos this year was the sight of Christine Lagarde, managing director of the International Monetary Fund, holding up an expensive-looking, designer leather holdall and saying: "I am here with my little bag to collect a.....
Portuguese storm gathers as EU leaders fight over Greece
Surging borrowing costs in Portugal have raised the spectre of a second full-fledged contagion crisis in the eurozone, eclipsing the latest efforts by European Union leaders in Brussels to agree on Europe's bail-out machinery and a strategy for Greec.....
Fuel poverty protesters occupy British Gas offices
Fuel poverty activists occupied British Gas' offices this morning, in protest at 'profiteering' by the Big Six energy companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43f01e/mf.gif' border='0'/><.....
Cameron accused of 'appeasing' Nick Clegg over EU veto as Conservative MPs start to plot
David Cameron was accused of "appeasing" his deputy Nick Clegg by performing an about-turn on Britain's veto against closer ties among eurozone countries tonight.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
'Ponzi' fraud businessman faces jail sentence
A businessman accused of being the mastermind behind an alleged 100m 'Ponzi' scheme was warned he faced a jail sentence after admitting charges of fraud and deception.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Drug makers Astra and Glaxo join Gates Foundation in tropical illness fight
Pharmaceutical giants including AstraZeneca and GlaxoSmithKline pledged drugs and scientific expertise to the largest co-ordinated effort yet against illnesses such as leprosy and sleeping sickness.<img width='1' height='1' src='http://telegraph.f.....
Tax troubles take their toll on bookmakers
Bookies came under the whip as City scribes flagged up the potential for higher taxes on the sector when Chancellor George Osborne unveils his Budget in March.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b.....
FTSE 100: Banks and miners lead blue-chip fallers as traders eye Greece
High street lenders and heavyweight miners dragged the benchmark index into the red as the absence of a bond deal in Greece unnerved investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c405d9c/mf.gif' bord.....
SThree moves up jobs 'food chain'
Recruitment specialist SThree is attempting to move upmarket and widen its jobs spread to cushion a business slowdown after achieving a 40pc jump in profits last year and handing shareholders a 108pc dividend boost.<img width='1' height='1' src='h.....
Austerity Britain pigs out on pork
Austerity Britain has swapped beef for pork, causing sales of the white meat to jump, according to Cranswick.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b1f7/mf.gif' border='0'/><br/><br/>&.....
Americans save more after rise in pay
Americans' savings rate jumped to a four-month high in December, as consumers took advantage of a rare increase in incomes to put more money away.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b1f8/mf.gif' b.....
Abramovich's Highland Gold misses production goal
Highland Gold, the precious metals group part owned by Roman Abramovich, the billionaire owner of Chelsea Football Club, missed its 2011 production target, sending its shares down 5pc.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Ryanair fares surge after planes grounded
Ryanair has delivered some cheer to shareholders after raising the estimate for its annual profit, helped by higher ticket prices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4348b9/mf.gif' border='0'/>&l.....
Tax returns: confusion reins as HMRC advertisements stick to old deadline
The taxman is continuing to advertise January 31 as the deadline for submitting tax returns despite announcing a two-day extension last week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c430259/mf.gif' border.....
HMRC keeps families waiting an extra week for child benefit
Families are being left waiting for their child benefit because the taxman is processing their claims too slowly, it has emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c42a147/mf.gif' border='0'/><.....
Agent Provocateur sales boosted by US First Lady Michelle Obama
Michelle Obama has risked the wrath of cash-strapped Americans by indulging in a $50,000 shopping spree at Agent Provocateur.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c70da/mf.gif' border='0'/><br/.....
Hester bonus row will release a flood of Labour hypocrisy
There are more important things than money, even for bankers. Stephen Hester's decision to forego his bonus reveals the, not unsurprising fact, that even thick-skinned businessmen like him know when they are beaten.<img width='1' height='1' src='h.....
Leaked EU draft treaty in full
<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c41879f/mf.gif' border='0'/>.....
Britain's decision to drop opposition over use of EU institutions for fiscal pact sets 'worrying precedent'
Britain's decision to drop its opposition to the use of the European Courts of Justice to enforce a eurozone fiscal pact sets "worrying precedent", MPs and campaigners have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Newton-Jones to leave Shop Direct
Mark Newton-Jones, the chief executive of Shop Direct, the country's largest catalogue and online retailer, has announced that he is to leave the company "to seek new challenges."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Cheaper mortgages for first-time buyers
Yorkshire Building Society has cut the interest rate on its first-time buyer deals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c40bbf7/mf.gif' border='0'/><br/><br/><a href="http://da.feeds.....
Ed Miliband: Labour forced RBS bonus to be dropped
The Labour leader says his party's threat of a Commons vote was the driving force behind Stephen Hester's decision to waive his 1m bonus from RBS.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c40bbf9/mf.gif' b.....
Charles Kirwan-Taylor has left the firm in the latest development marking the gradual decline of a once-great hedge fund manager.....
Living wills delay brings frustration
Experts warn inconsistencies in resolution regimes across Europe may increase contagion.....
Top ex-3i executives drop plans for fund
Philip Yea, former chief executive at private equity firm 3i Group and senior business adviser to Prince Andrew, Duke of York, has dropped plans to raise a £200m energy-focused fund.....
Sidecar refreshes Duke Street fundraising
UK mid-market buyout firm Duke Street, which has taken longer than expected to hold the first close of its current €850m fundraiser, has launched a sidecar fund for selected investors.....
Are National Grid shares set for pensions bounce?
National Grid has agreed to stump up an extra £705m over the next 15 years to fix the deficit in its £14bn pension scheme.....
Bankers adapt to new M&A market
The mergers and acquisitions departments of investment banks are changing how they work and the services they offer in the hope of stealing a march on rivals ahead of a hoped for resurgence in activity.....
Banks push SSA clients for collateral
Banks are stepping up their efforts to restructure transactions that require them, but not their sovereign counterparties, to post collateral.....
Anger at EUs confusion over securitisation
Bankers have reacted angrily to misleading language in an EU document that suggested asset-backed securities could be approved for use in banks' liquidity buffers.....
Anti-bribery standards vary between managers
Reporting thresholds on gifts and entertainment for fund managers ranging from £25 up to £500 could potentially creating an uneven playing field across the sector, according to Ernst & Young.....
CME eyes second-half launch for rates clearing
.....
State shares sales hit near-20-year low
Last year was the worst for worldwide privatisations since records began 17 years ago, as countries recoiled from volatile markets and investor appetite weakened.....
Czechs and UK refuse EU agreement
Twenty-five of the 27 EU members agree to sign a fiscal pact setting up stricter rules to try to prevent future debt crises, with the UK and Czech Republic refusing......
Cameron urges RBS bonus restraint
The government will not block bonuses for other RBS executives, after its chief executive waives his award, but David Cameron urges it to show 'restraint'......
France cuts 2012 growth forecast
France cuts its growth forecast for this year to 0.5% from 1% to "take into account the deterioration of the economic situation"......
China loses WTO appeal on exports
The World Trade Organization's appeals panel upholds a ruling that China broke trade rules by restricting exports of some raw materials......
Easyjet's 'gravy train' blasted
Easyjet founder Sir Stelios Haji-Ioannou denounces executives at the airline over their "fat cat bonuses"......
Megaupload data deletion worries
A letter from the US Attorney's Office prompts concern that Megaupload users' data may be deleted......
Ryanair reports 14.9m euro profit
Ryanair reports a net profit of 14.9m euros ($19.6m; 12.5m) in the last three months of 2011, thanks to higher fares and better weather conditions......
Music rights firms target users
Two business are urging wedding video makers and other users to pay for music licences before adding clips to the web......
House prices fell by 1.3% in 2011
House prices in England and Wales fell by 1.3% last year, to an average of 160,000, according to figures from the Land Registry......
Weak European demand hits Philips
Dutch group Philips Electronics reports a 160m euro ($210m; 134m) net loss for the fourth quarter of 2011, hit by weak demand in Europe......
UBS 'rogue' trader denies charges
Alleged rogue trader Kweku Adoboli pleads not guilty to two charges of false accounting and two of fraud while working for Swiss bank UBS......
Starbucks to open stores in India
Starbucks unveils plans to open its first India stores, in a joint operation with Tata Global Beverages......
Sarkozy sets out 'Robin Hood' tax
French President Nicolas Sarkozy announces the introduction of a tax on financial transactions, as the presidential election looms......
Teaching union backs pension deal
The ATL teachers' union backs the government's revised deal on pensions in a ballot......
Spain airline suddenly collapses
Spain's fourth-largest airline Spanair collapses, leaving more than 20,000 passengers stranded across Europe and Africa......
Iran seeks to halt some oil sales
The dispute between Iran and Western economies escalates after Tehran says it will stop oil sales to some countries......
Elderly 'hit as social care cut'
Spending on social care for the elderly is falling this year - despite the assurances of ministers, an analysis by campaigners suggests......
Spain's economy contracts by 0.3%
The Spanish economy shrank by 0.3% in the fourth quarter of 2011, amid expectations that Spain will fall into recession this year......
Greece budget veto 'impossible'
Athens rejects outright German proposals for an EU power of veto over the Greek budget, with a minister threatening to quit over the issue......
Facebook 'prepares to go public'
Facebook will begin the process of becoming a publicly-listed company this week, valuing the social networking site at between $75bn and $100bn, reports suggest......
Bangladesh signs India power deal
India and Bangladesh sign a deal to build a plant to address Bangladesh's power shortages, despite opposition from environmentalists......
India football auction hits $7m
India holds its first auction of football players, ahead of a league competition that hopes to mirror the success of the IPL cricket tournament......
Tube workers reject Olympics deal
The RMT rejects an offer of a 500 bonus for Tube workers on shift during the Olympics......
VIDEO: RBS boss rejects 1m bonus
Royal Bank of Scotland chief executive Stephen Hester will not take his near 1m bonus, the BBC has learned......
AUDIO: Politicians taste 'first blood' on bonuses
Robert Peston, Sir Philip Augur, group managing director at Schroders, and Nick Robinson analyse RBS chief executive Stephen Hester's decision to waive his 1m bonus......
AUDIO: Hague: UK will not block eurozone
Foreign Secretary William Hague has said he is not currently planning on standing in the way of the new eurozone fiscal pact countries using EU institutions......
VIDEO: Strike brings Belgium to a halt
Trains, buses and trams were at a standstill and protesters blocked several major roads on Monday as unions in Belgium held their biggest strike in nearly two decades......
AUDIO: Bonus culture: 'Enough is enough'
Labour's business spokesman Chuka Umunna reflects on the decision of RBS boss Stephen Hester not to take up his bonus of shares worth one million pound......
VIDEO: People favour cap on bosses' pay
A poll by the High Pay Centre suggests most people favour a cap on bosses' pay......
VIDEO: Living like London's super-rich
London has always attracted the super rich - even with a global economic downturn, the city is still benefitting, as BBC's Aaron Heslehurst has been finding out......
How do countries run their state banks?
How do other countries run their state banks?.....
Davos 2012: A year of worries
The mood, parties, optimism and doubts at Davos 2012.....
The Chinese challengers to Sotheby's and Christie's
Sotheby's and Christie's face new Chinese rivals.....
Home comforts can be hard to find for the expat
Coming home can be the hardest posting for roaming professionals.....
Protest and power: Alternative voices at Davos
Alternative views on how to fix the world economy.....
What drives US entrepreneurship?
What drives American entrepreneurship?.....
Tech is key to Philips' healing
Healing technology aids financial health.....
U.S. Day Ahead: Amazon's 2012 outlook will be key
Tech Reporter Alistair Barr says Wall Street will focus on Amazon's 2012 outlook when the online retail giant reports fourth-quarter results after the close......
EU leaders agree on bailout fund
EU leaders have reached an agreement at a summit on the introduction of a permanent euro zone bailout mechanism from July 2012. Sonia Legg reports.....
Stocks shake as Greek talk stall
Jan 30 - Summary of business headlines: Wall Street starts lower on tough talk between Germany and Greece; ABB buying Thomas Betts; U.S. consumer spending flat in December. Conway G. Gittens reports......
Trading at Noon: Wall St. led lower as banks extend losses
Jan. 30 - U.S. stocks extended losses, with all three major indexes falling more than 1 percent, as concerns grew about the state of Europe's finances......
Jobs on EU agenda as Spain slides
Jan.30 - European Commission president Jose Manuel Barroso says youth jobs are a priority, as the Spanish economy looks set to slip into a long recession. Ciara Sutton reports.....
U.S. debt market could be in for "major accident": Camp
Jan. 30 - Eagle Asset Management's James Camp says that while U.S. treasuries are getting a bit of a break due to Europe's debt concerns, he expects yields on the 10-year could fall as low as 1.5%......
EU leaders debate Greece and growth
Jan.30 - EU leaders discussed how to reconcile austerity with growth at their first summit of the year, but the meeting was overshadowed by worries about Greece's unresolved debt restructuring talks with its private bondholders. Joanna Partridge repo.....
Europe Day Ahead: Confidence ebbs as debt concerns grow
Jan. 30 - Europe's sky high sovereign debts return to centre stage as leaders hold their 17th summit in two years......
Morning Briefing: Germany, Greece wrangle over budget
Jan. 30 - Greece and Germany spar over budget measures for Athens as European Union leaders prepare to sign off on a permanent rescue fund for the euro zone......
ECB slashes bond buys despite renewed Portugal attack
Jan. 30 - The ECB cut its bond purchases to almost zero last week despite renewed market attacks on Portugal. Daiwa Capital Market's Chris Scicluna says Lisbon is almost certain to require a second bailout......
Opposition slams Sarkozy's growth plans
Jan.30 - France's Socialists have poured scorn on French President Nicolas Sarkozy's plan to hike VAT as yet more austerity that will hit the poor. Ciara Sutton reports.....
General strike paralyses Belgium
Jan. 30 - Belgium's general strike against a government austerity plan halts transport and closes schools and businesses. Lindsey Parietti reports......
Philips profit halved as Europe falters
Jan.30 - Philips Electronics reported a 45 percent fall in fourth-quarter core profit on Monday to 503 million euros, in line with the company's own forecast earlier this month, and said it was cautious on prospects for 2012, especially in Europe. Ha.....
U.S. Morning Call: Stock futures off, changes at BofA, Citi
Jan. 30 - U.S. stock index futures are pointing to a lower open on Wall Street. Bank of America shakes up leadership at its investment bank, and Citi chairman, Richard Parsons considers giving up his position......
Three bad fairies at euro feast - Reuters Breakingviews
Breakingviews editor Hugo Dixon......
Reuters Breakingviews: RBS crisis should prompt pay re-write
Breakingviews......
EU leaders gather in Brussels for a summit supposed to focus
Jan. 30 - EU leaders gather in Brussels for a summit supposed to focus on jobs and growth......
Philips CEO on Q4 earnings
Jan. 30 - Philips CEO Frans van Houten says he is looking outside Europe for growth after reporting a 45% decline in core profits......
Belgium feels bite of 24-hour strike
Jan 30 - Belgium at a standstill as a 24-hour strike in protest against government austerity measures takes effect. Paul Chapman reports......
China soccer looks abroad for stars
Jan. 30 - Will superstars like former Chelsea striker Nicolas Anelka give China's corrupted game a free kick at redemption? Critics say no. Jane Lanhee Lee......
China's returning migrants workers face bleak prospects
Jan. 30 - Migrant workers in China return to work after the Lunar New Year holidays, but face layoffs as demand for their exports fall. Arnold Gay reports......
Market Pulse: Italian yields fall after auction
Jan. 30 - Italy's 10 year borrowing costs fall as Rome passes a key test of demand for longer dated paper......
Debt crisis: live
French president Nicolas Sarkozy says the Czech PM won't sign up to the financial stability treaty, already vetoed by Britain, and that a deal on Greece's debt could be agreed in 'days'.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
BlueCrest set for $200m IPO of BlueTrend fund
BlueCrest Capital, one of Europe's most famous hedge funds, is set to launch a $200m (127m) IPO for its computer driven hedge fund BlueTrend.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c44b68e/mf.gif' border.....
Taxpayers lose 900m as RBS shares fall
Value of shares in RBS and Lloyds falls amid fears backlash against bonuses will damage their performance.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c44b68f/mf.gif' border='0'/><br/><br/><.....
Is the West finished? Perhaps not quite
For me, the defining image from Davos this year was the sight of Christine Lagarde, managing director of the International Monetary Fund, holding up an expensive-looking, designer leather holdall and saying: "I am here with my little bag to collect a.....
Portuguese storm gathers as EU leaders fight over Greece
Surging borrowing costs in Portugal have raised the spectre of a second full-fledged contagion crisis in the eurozone, eclipsing the latest efforts by European Union leaders in Brussels to agree on Europe's bail-out machinery and a strategy for Greec.....
Fuel poverty protesters occupy British Gas offices
Fuel poverty activists occupied British Gas' offices this morning, in protest at 'profiteering' by the Big Six energy companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43f01e/mf.gif' border='0'/><.....
Cameron accused of 'appeasing' Nick Clegg over EU veto as Conservative MPs start to plot
David Cameron was accused of "appeasing" his deputy Nick Clegg by performing an about-turn on Britain's veto against closer ties among eurozone countries tonight.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
'Ponzi' fraud businessman faces jail sentence
A businessman accused of being the mastermind behind an alleged 100m 'Ponzi' scheme was warned he faced a jail sentence after admitting charges of fraud and deception.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Drug makers Astra and Glaxo join Gates Foundation in tropical illness fight
Pharmaceutical giants including AstraZeneca and GlaxoSmithKline pledged drugs and scientific expertise to the largest co-ordinated effort yet against illnesses such as leprosy and sleeping sickness.<img width='1' height='1' src='http://telegraph.f.....
Tax troubles take their toll on bookmakers
Bookies came under the whip as City scribes flagged up the potential for higher taxes on the sector when Chancellor George Osborne unveils his Budget in March.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b.....
FTSE 100: Banks and miners lead blue-chip fallers as traders eye Greece
High street lenders and heavyweight miners dragged the benchmark index into the red as the absence of a bond deal in Greece unnerved investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c405d9c/mf.gif' bord.....
SThree moves up jobs 'food chain'
Recruitment specialist SThree is attempting to move upmarket and widen its jobs spread to cushion a business slowdown after achieving a 40pc jump in profits last year and handing shareholders a 108pc dividend boost.<img width='1' height='1' src='h.....
Austerity Britain pigs out on pork
Austerity Britain has swapped beef for pork, causing sales of the white meat to jump, according to Cranswick.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b1f7/mf.gif' border='0'/><br/><br/>&.....
Americans save more after rise in pay
Americans' savings rate jumped to a four-month high in December, as consumers took advantage of a rare increase in incomes to put more money away.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b1f8/mf.gif' b.....
Abramovich's Highland Gold misses production goal
Highland Gold, the precious metals group part owned by Roman Abramovich, the billionaire owner of Chelsea Football Club, missed its 2011 production target, sending its shares down 5pc.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Ryanair fares surge after planes grounded
Ryanair has delivered some cheer to shareholders after raising the estimate for its annual profit, helped by higher ticket prices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4348b9/mf.gif' border='0'/>&l.....
Tax returns: confusion reins as HMRC advertisements stick to old deadline
The taxman is continuing to advertise January 31 as the deadline for submitting tax returns despite announcing a two-day extension last week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c430259/mf.gif' border.....
HMRC keeps families waiting an extra week for child benefit
Families are being left waiting for their child benefit because the taxman is processing their claims too slowly, it has emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c42a147/mf.gif' border='0'/><.....
Agent Provocateur sales boosted by US First Lady Michelle Obama
Michelle Obama has risked the wrath of cash-strapped Americans by indulging in a $50,000 shopping spree at Agent Provocateur.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c70da/mf.gif' border='0'/><br/.....
Hester bonus row will release a flood of Labour hypocrisy
There are more important things than money, even for bankers. Stephen Hester's decision to forego his bonus reveals the, not unsurprising fact, that even thick-skinned businessmen like him know when they are beaten.<img width='1' height='1' src='h.....
Leaked EU draft treaty in full
<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c41879f/mf.gif' border='0'/>.....
Britain's decision to drop opposition over use of EU institutions for fiscal pact sets 'worrying precedent'
Britain's decision to drop its opposition to the use of the European Courts of Justice to enforce a eurozone fiscal pact sets "worrying precedent", MPs and campaigners have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Newton-Jones to leave Shop Direct
Mark Newton-Jones, the chief executive of Shop Direct, the country's largest catalogue and online retailer, has announced that he is to leave the company "to seek new challenges."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Cheaper mortgages for first-time buyers
Yorkshire Building Society has cut the interest rate on its first-time buyer deals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c40bbf7/mf.gif' border='0'/><br/><br/><a href="http://da.feeds.....
Ed Miliband: Labour forced RBS bonus to be dropped
The Labour leader says his party's threat of a Commons vote was the driving force behind Stephen Hester's decision to waive his 1m bonus from RBS.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c40bbf9/mf.gif' b.....
Sunday, 29 January 2012
UK Financial News on 2012-01-29
RBS boss Hester rejects 1m bonus
Royal Bank of Scotland chief executive Stephen Hester will not take his near-1m bonus, the BBC has learned......
Greece budget veto 'impossible'
Athens rejects outright German proposals for an EU power of veto over the Greek budget, with a minister threatening to quit over the issue......
Facebook 'prepares to go public'
Facebook will begin the process of becoming a publicly-listed company this week, valuing the social networking site at between $75bn and $100bn, reports suggest......
Davos ends with economic doubts
The eurozone crisis could be under control at last, according to the leaders at the World Economic Forum, but there is plenty of uncertainty ahead......
Bangladesh signs India power deal
India and Bangladesh sign a deal to build a plant to address Bangladesh's power shortages, despite opposition from environmentalists......
IMF issues austerity cuts warning
Inappropriate spending cuts could "strangle" growth, so austerity measures should be tailor-made by each country, the head of the IMF warns......
Fines threat for credit messages
Firms face raids and fines of up to 500,000 for sending unsolicited text messages about credit or compensation......
Bank scraps charity credit cards
Halifax and Bank of Scotland charity credit cards which have helped to raise millions of pounds will be withdrawn, Lloyds Banking Group announces.....
'Chaos' warning over bonus veto
There would have been "chaos" if ministers had overruled the board of RBS over a 963,000 share bonus for its chief executive, says Cabinet Minister Iain Duncan Smith......
VIDEO: People favour cap on bosses' pay
A poll by the High Pay Centre suggests most people favour a cap on bosses' pay......
VIDEO: Crackdown on spam text messaging
Companies who send out spam texts are being warned that investigating them is a high priority.....
VIDEO: Struggle for opportunities in Egypt
Key to Egypt's economic success is getting its millions of young people into jobs......
VIDEO: Your Money: To buy or not to buy?
In this week's Your Money, Declan Curry asks is it cheaper to buy or rent and gets advice on how to make your savings work harder - if interest rates stay low......
AUDIO: 'Cautious optimism' in Davos
The prevailing mood at the World Economic Forum in Davos this week has been one of measured optimism, but there are still questions over whether EU leaders will agree the terms of a new fiscal pact and bail-out fund when they meet in Brussels on Mond.....
Protest and power: Alternative voices at Davos
Alternative views on how to fix the world economy.....
Home comforts can be hard to find for the expat
Coming home can be the hardest posting for roaming professionals.....
What drives US entrepreneurship?
What drives American entrepreneurship?.....
Tech is key to Philips' healing
Healing technology aids financial health.....
Ask the expert: Your debt questions
Are you worried about the amount of debt you owe?.....
Davos: Youth unemployment 'disaster'
Why ending the lost generation 'disaster' matters.....
RBS to pay investment bankers 1.5bn settlement
Royal Bank of Scotland, the lender at the centre of a storm over its chief executive's bonus, is to pay out as much as 1.5bn to City bankers as it counts the cost of its disastrous foray into investment banking.<img width='1' height='1' src='http:.....
We're on the brink, warns Greece ahead of summit
Greece faces "the spectre of bankruptcy and all the dire consequences that entails", the Greek prime minister warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c78f7/mf.gif' border='0'/><br/><.....
French president Nicolas Sarkozy to bring in 0.1pc Financial Transaction Tax in August
France has added some more rocket fuel to Monday's already volatile summit of EU leaders by pledging to introduce a 0.1pc tax on financial transactions in August.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
Financial Stability Board to 'name and shame' countries over financial security
The Financial Stability Board is to 'name and shame' countries which are putting national interests ahead of global financial security in an audit of the implementation of new regulations, according to banking sources.<img width='1' height='1' src.....
Agent Provocateur sales boosted by US First Lady Michelle Obama
Agent Provocateur saw sales jump by more than 12pc, helped by US First Lady Michelle Obama spending $50,000 (31,794) in one shopping spree.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c70da/mf.gif' border='.....
AstraZeneca to announce $3bn share buy-back extension
Pharmaceutical giant AstraZeneca is expected to announce a $3bn (2bn) extension to its share buy-back scheme on Thursday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c70db/mf.gif' border='0'/><br/>.....
Rank in talks to buy rival Gala's casinos
Rank, the gaming group at the centre of a controversial 586m takeover last year, is in talks to acquire the casino wing of debt-laden rival Gala Coral in a deal worth up to 250m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
The questions MPs need to ask FSA's Hector Sants and Lord Turner over RBS
Despite report there are still issues on which to challenge the regulator.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c3f5d/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....
Premier Foods chief Mike Clarke wants a sugar rush for his profits
Chief Mike Clarke is confident he can resuscitate the troubled food giant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c3c2a/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....
Acas warns new tribunal rules will lead to more staff disputes
Fewer companies will bother trying to resolve staff disputes in future as they hedge their bets that workers cannot afford to bring a claim to tribunal under new rules, according to the Government's official mediation body.<img width='1' height='1.....
Goldman Sachs' top City banker Michael Sherwood given 1.6m bonus
Goldman Sachs' top London-based banker has received a share award worth $2.5m (1.6m), according to a US regulatory filing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c25fa/mf.gif' border='0'/><br/>.....
Commerzbank chief Martin Blessing due in court over staff bonus dispute
Martin Blessing, the chief executive of Commerzbank, will give evidence on Monday at the High Court in London as the bank defends its decision not to pay bonuses of more than 50m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Is the bell tolling for the current London Metal Exchange?
A new owner may mean the end of Europe's last 'open outcry' exchange.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c1e51/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Britain should be preparing to make the most of the euro break-up
The week when Alex Salmond firmed up the details of the coming referendum in Scotland about breaking up the UK was a strange time for the Prime Minister to be singing the praises of the UK's monetary union and berating the eurozone as structurally fl.....
Mario Draghi, the Latin Bloc's monetarist avenger
The eurozone money supply is contracting at an accelerating pace on all fronts. The broad M3 gauge has fallen for the last three months in a row. A slump is already baked in the pie.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
The Petroplus failure is just the tip of the iceberg in the oil sector
Oil refiners are in the spotlight after Swiss giant went to the wall.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3bc386/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
IMF pushes Greece over budget
The International Monetary Fund has signalled that Greece will have to give up autonomy over its budget as desperate last-minute negotiations continue to agree the country's second 130bn bail-out.<img width='1' height='1' src='http://telegraph.fee.....
Blocking RBS bonus 'would cause chaos', Iain Duncan Smith warns
Work and pensions secretary says Government would welcome it if RBS chief Stephen Hester turned down his 963,000 bonus, but in "reality" bank's board "takes the decision on this".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
MF Global to return 778m to clients
MF Global's administrators are to kick-start the process of handing back an estimated $1.2bn (778m) worth of client assets frozen at the failed broker.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c390fd0/mf.g.....
Ocado set for price war with Tesco
Ocado is to cut its prices on a range of products in a bid to steal a march on rivals such as Tesco in the battle for online supermarket delivery customers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c390fd1.....
ITV delays roll-out of chief Adam Crozier's payment service
ITV has delayed the roll-out of its long-awaited micropayments system - one of the cornerstones of chief executive Adam Crozier's five-year turnaround plan.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c390fd2.....
Serbia's detention of British businessman Nick Djivanovic raises questions on EU suitability
The case of Nick Djivanovic, a British businessman awaiting trial in a Serbian prison, could raise questions about the country's accession to the European Union.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3.....
Lloyds director Truett Tate to lose role in chief executive Antonio Horta-Osorio's shake-up
Truett Tate is believed to be the biggest casualty of the pending shake-up of senior management at Lloyds Banking Group, led by returned chief executive Antonio Horta-Osorio.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Buy some rock and roll history after the Isle of Wight Festival valued at 12 million
The Isle of Wight Festival could be up for sale after the owner received a number of offers to buy the event.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c38bd96/mf.gif' border='0'/><br/><br/>&.....
The great EU conjuring trick
The original players behind the single currency claim astonishing sleights of hand have brought the euro to its knees, says Allan Little and Jane Beresford<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c38fe27/.....
Royal Bank of Scotland chief executive Stephen Hester will not take his near-1m bonus, the BBC has learned......
Greece budget veto 'impossible'
Athens rejects outright German proposals for an EU power of veto over the Greek budget, with a minister threatening to quit over the issue......
Facebook 'prepares to go public'
Facebook will begin the process of becoming a publicly-listed company this week, valuing the social networking site at between $75bn and $100bn, reports suggest......
Davos ends with economic doubts
The eurozone crisis could be under control at last, according to the leaders at the World Economic Forum, but there is plenty of uncertainty ahead......
Bangladesh signs India power deal
India and Bangladesh sign a deal to build a plant to address Bangladesh's power shortages, despite opposition from environmentalists......
IMF issues austerity cuts warning
Inappropriate spending cuts could "strangle" growth, so austerity measures should be tailor-made by each country, the head of the IMF warns......
Fines threat for credit messages
Firms face raids and fines of up to 500,000 for sending unsolicited text messages about credit or compensation......
Bank scraps charity credit cards
Halifax and Bank of Scotland charity credit cards which have helped to raise millions of pounds will be withdrawn, Lloyds Banking Group announces.....
'Chaos' warning over bonus veto
There would have been "chaos" if ministers had overruled the board of RBS over a 963,000 share bonus for its chief executive, says Cabinet Minister Iain Duncan Smith......
VIDEO: People favour cap on bosses' pay
A poll by the High Pay Centre suggests most people favour a cap on bosses' pay......
VIDEO: Crackdown on spam text messaging
Companies who send out spam texts are being warned that investigating them is a high priority.....
VIDEO: Struggle for opportunities in Egypt
Key to Egypt's economic success is getting its millions of young people into jobs......
VIDEO: Your Money: To buy or not to buy?
In this week's Your Money, Declan Curry asks is it cheaper to buy or rent and gets advice on how to make your savings work harder - if interest rates stay low......
AUDIO: 'Cautious optimism' in Davos
The prevailing mood at the World Economic Forum in Davos this week has been one of measured optimism, but there are still questions over whether EU leaders will agree the terms of a new fiscal pact and bail-out fund when they meet in Brussels on Mond.....
Protest and power: Alternative voices at Davos
Alternative views on how to fix the world economy.....
Home comforts can be hard to find for the expat
Coming home can be the hardest posting for roaming professionals.....
What drives US entrepreneurship?
What drives American entrepreneurship?.....
Tech is key to Philips' healing
Healing technology aids financial health.....
Ask the expert: Your debt questions
Are you worried about the amount of debt you owe?.....
Davos: Youth unemployment 'disaster'
Why ending the lost generation 'disaster' matters.....
RBS to pay investment bankers 1.5bn settlement
Royal Bank of Scotland, the lender at the centre of a storm over its chief executive's bonus, is to pay out as much as 1.5bn to City bankers as it counts the cost of its disastrous foray into investment banking.<img width='1' height='1' src='http:.....
We're on the brink, warns Greece ahead of summit
Greece faces "the spectre of bankruptcy and all the dire consequences that entails", the Greek prime minister warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c78f7/mf.gif' border='0'/><br/><.....
French president Nicolas Sarkozy to bring in 0.1pc Financial Transaction Tax in August
France has added some more rocket fuel to Monday's already volatile summit of EU leaders by pledging to introduce a 0.1pc tax on financial transactions in August.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
Financial Stability Board to 'name and shame' countries over financial security
The Financial Stability Board is to 'name and shame' countries which are putting national interests ahead of global financial security in an audit of the implementation of new regulations, according to banking sources.<img width='1' height='1' src.....
Agent Provocateur sales boosted by US First Lady Michelle Obama
Agent Provocateur saw sales jump by more than 12pc, helped by US First Lady Michelle Obama spending $50,000 (31,794) in one shopping spree.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c70da/mf.gif' border='.....
AstraZeneca to announce $3bn share buy-back extension
Pharmaceutical giant AstraZeneca is expected to announce a $3bn (2bn) extension to its share buy-back scheme on Thursday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c70db/mf.gif' border='0'/><br/>.....
Rank in talks to buy rival Gala's casinos
Rank, the gaming group at the centre of a controversial 586m takeover last year, is in talks to acquire the casino wing of debt-laden rival Gala Coral in a deal worth up to 250m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
The questions MPs need to ask FSA's Hector Sants and Lord Turner over RBS
Despite report there are still issues on which to challenge the regulator.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c3f5d/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....
Premier Foods chief Mike Clarke wants a sugar rush for his profits
Chief Mike Clarke is confident he can resuscitate the troubled food giant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c3c2a/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....
Acas warns new tribunal rules will lead to more staff disputes
Fewer companies will bother trying to resolve staff disputes in future as they hedge their bets that workers cannot afford to bring a claim to tribunal under new rules, according to the Government's official mediation body.<img width='1' height='1.....
Goldman Sachs' top City banker Michael Sherwood given 1.6m bonus
Goldman Sachs' top London-based banker has received a share award worth $2.5m (1.6m), according to a US regulatory filing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c25fa/mf.gif' border='0'/><br/>.....
Commerzbank chief Martin Blessing due in court over staff bonus dispute
Martin Blessing, the chief executive of Commerzbank, will give evidence on Monday at the High Court in London as the bank defends its decision not to pay bonuses of more than 50m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Is the bell tolling for the current London Metal Exchange?
A new owner may mean the end of Europe's last 'open outcry' exchange.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c1e51/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Britain should be preparing to make the most of the euro break-up
The week when Alex Salmond firmed up the details of the coming referendum in Scotland about breaking up the UK was a strange time for the Prime Minister to be singing the praises of the UK's monetary union and berating the eurozone as structurally fl.....
Mario Draghi, the Latin Bloc's monetarist avenger
The eurozone money supply is contracting at an accelerating pace on all fronts. The broad M3 gauge has fallen for the last three months in a row. A slump is already baked in the pie.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
The Petroplus failure is just the tip of the iceberg in the oil sector
Oil refiners are in the spotlight after Swiss giant went to the wall.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3bc386/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
IMF pushes Greece over budget
The International Monetary Fund has signalled that Greece will have to give up autonomy over its budget as desperate last-minute negotiations continue to agree the country's second 130bn bail-out.<img width='1' height='1' src='http://telegraph.fee.....
Blocking RBS bonus 'would cause chaos', Iain Duncan Smith warns
Work and pensions secretary says Government would welcome it if RBS chief Stephen Hester turned down his 963,000 bonus, but in "reality" bank's board "takes the decision on this".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
MF Global to return 778m to clients
MF Global's administrators are to kick-start the process of handing back an estimated $1.2bn (778m) worth of client assets frozen at the failed broker.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c390fd0/mf.g.....
Ocado set for price war with Tesco
Ocado is to cut its prices on a range of products in a bid to steal a march on rivals such as Tesco in the battle for online supermarket delivery customers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c390fd1.....
ITV delays roll-out of chief Adam Crozier's payment service
ITV has delayed the roll-out of its long-awaited micropayments system - one of the cornerstones of chief executive Adam Crozier's five-year turnaround plan.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c390fd2.....
Serbia's detention of British businessman Nick Djivanovic raises questions on EU suitability
The case of Nick Djivanovic, a British businessman awaiting trial in a Serbian prison, could raise questions about the country's accession to the European Union.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3.....
Lloyds director Truett Tate to lose role in chief executive Antonio Horta-Osorio's shake-up
Truett Tate is believed to be the biggest casualty of the pending shake-up of senior management at Lloyds Banking Group, led by returned chief executive Antonio Horta-Osorio.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Buy some rock and roll history after the Isle of Wight Festival valued at 12 million
The Isle of Wight Festival could be up for sale after the owner received a number of offers to buy the event.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c38bd96/mf.gif' border='0'/><br/><br/>&.....
The great EU conjuring trick
The original players behind the single currency claim astonishing sleights of hand have brought the euro to its knees, says Allan Little and Jane Beresford<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c38fe27/.....
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