James Murdoch quits UK newspapers
James Murdoch steps down as executive chairman of News International, the UK newspaper business that owns the Sun and the Times titles......
ECB provides 530bn euros of loans
The European Central Bank provides a further 530bn euros ($713bn; 448bn) of low interest loans to 800 banks......
GM and Peugeot announce alliance
General Motors and PSA Peugeot Citroen announce a global alliance that will see them develop cars together......
Boots leaves unemployment scheme
Boots announces that it is withdrawing from the government's scheme to help the long-term unemployed......
Bernanke: US recovery continues
US Federal Reserve Chairman Ben Bernanke says the US economic recovery is continuing but growth remains weak and unemployment high......
BA owner IAG sees profits climb
IAG, the parent firm of British Airways and Spain's Iberia, reports an increase in annual profits and revenues......
US GDP growth is revised up to 3%
The US economy grew at an annualised pace of 3% in the fourth quarter of 2011, government figures show, faster than previously estimated......
Pensions tax relief reaches 33bn
The amount of tax relief granted to people saving in registered pension schemes reached 32.9bn in 2010-11, figures from HM Revenue & Customs show......
Greece PM in bailout deal talks
Greek Prime Minister Lucas Papademos is visiting Brussels to seek final approval for a second round of bailout loans......
Downton Abbey boosts ITV profits
Profits at commercial broadcaster ITV rose by 14% last year thanks to strong advertising on Downton Abbey and the X Factor......
Mortgage approvals up in January
UK mortgage approvals hit a two-year high in January, Bank of England figures show, suggesting property sales could rise in the coming months......
Iran 'to accept gold for its oil'
Iran is to accept gold instead of dollars as payment for its oil, says the country's state news agency......
Pakistan makes India trade move
Pakistan will phase out restrictions on most imports from India by December 2012, the government announces......
Credit card write-offs hit 3.6bn
UK credit card companies wrote off 3.64bn in bad debts on their customers' cards in 2011, the Bank of England says......
Standard Chartered profits up 11%
Asian-focused bank Standard Chartered reports record profits for the ninth year in a row......
Work scheme benefits threat axed
Unemployed youths who agree to take part in an unpaid work experience scheme will not lose their benefits if they drop out, the government says......
Indian economic growth rate slows
The Indian economy sees its weakest growth rate in nearly three years as the manufacturing sector continued to slow in the last quarter of 2011......
Wall Street's Gekko gets FBI job
Michael Douglas, who played a greedy executive in the movie Wall Street, is the FBI's new spokesman against insider trading......
Cassava 'best for climate change'
The cassava plant could help farmers in Africa cope with climate change because of its ability to thrive in hot temperatures, a scientific report says......
Overhaul of police pensions urged
Ministers should make "wholesale" changes to the pension scheme for police officers in England and Wales, a think tank report recommends......
Nurses reject pension proposals
Nurses join other NHS workers in rejecting the government's latest plans on public sector pensions......
Stamp price rise is 'affordable'
Plans to increase the prices of stamps will not lead to an "affordability issue", the Royal Mail chief executive tells MPs......
German jobless rate holds steady
Germany's seasonally-adjusted unemployment rate held steady at 6.8% in February, the Federal Labour Agency says......
US shares hit pre-crash landmark
The Dow Jones industrial average closes above 13,000 for the first time since May 2008, before the financial crisis, reflecting growing confidence in the US economy......
Obama creates US trade task force
US President Barack Obama creates a new trade body to crack down on unfair practices by US trading partners, including China......
Elpida shares plunge 98% in Tokyo
Elpida shares plunge 98% on the Tokyo Stock Exchange as investors dump the stock after the company seeks bankruptcy protection......
Weir's profits rise 30% to 396m
Glasgow engineering firm Weir Group beats its own targets and reports profits last year increased by more than a third......
'11bn profit' from Northern Rock
Northern Rock is expected to return a profit of up to 11bn to the taxpayer over the next 10 to 15 years, UKFI says......
Brazil body approves Fifa rules
A Brazilian congressional commission approves the draft of a law urged by Fifa to cover the 2014 World Cup, but sticking points remain......
Big queues likely at 2012 booths
Some of the most sought-after London 2012 Olympics tickets are to be sold at special ticket booths......
Wages shortfall hits Dunfermline
Dunfermline players and staff are not paid in full as the club await gate money owed by administration-hit Rangers......
VIDEO: Greggs suspends unpaid work placements
The bakery firm Greggs has suspended their participation in the government's unpaid work experience scheme after raising concerns over the possibility that participants could lose benefits if they did not complete the placement......
VIDEO: Nail bar boom defies economic slump
Many businesses are struggling in the current economic climate, but nails bars have seen a return to popularity in recent years......
VIDEO: Nuclear plant closes after 45 years
The world's oldest working nuclear power plant is closing down after 45 years......
VIDEO: ECB offers banks emergency cash
The European Central Bank (ECB) has provided a further 530bn euros ($713bn; 448bn) of low-interest loans to 800 banks across the European Union......
AUDIO: Ex-M&S boss backs work schemes
The government will meet companies on Wednesday as it attempts to draw a line under controversy surrounding its work experience initiatives......
VIDEO: Cool business: Ice cream school
Why so many Americans are turning to frozen desserts in their efforts to beat the economic downturn......
VIDEO: Hi-tech firm outgrowing Cambridge
A booming software company in Cambridge has switched it focus of growth overseas amid concerns about the UK's economy......
AUDIO: Ireland EU referendum 'winnable'
Dick Roche, Ireland's former minister for European affairs, reflects on an upcoming referendum where the Irish electorate will be asked if they support Europe's new fiscal treaty......
Kidding around in luxury hotels
London's luxury hotels target a tiny market.....
Small business questions answered
Our experts give advice on how to set-up and run a business.....
Dow Jones breaks 13,000
Charting the main US stock index's journey back to 13,000.....
If Britain were Greece...
If UK were like Greece, how bad would it be?.....
How to be a first-time buyer
How first-time buyers can secure a mortgage and buy a home.....
Why Chinese firms buy Western rivals
Chinese companies are on a buying spree for Western rivals.....
U.S. Day Ahead: Consumers make store sales rosy
Retail Analyst Jharonne Martis says shoppers are getting back on form with same store sales expected to punch through a key level......
Bill Gross' PIMCO Total Return ETF could transform industry
Feb. 29 - Bill Gross' PIMCO Total Return ETF launches March 1st. Analysts say it could convince a wave of mutual fund managers to launch ETF versions of their funds and lead to lower fees for investors......
Windows 8 gets public test drive
Feb 29 - Microsoft unveils the first widely available test version of Windows 8, giving the public the first chance to try out the slick, new-look operating system it hopes will restore the company's fading tech supremacy. Conway G. Gittens reports......
LIGHTNING ROUND: Munis will have good year - Nuveen's Miller
Feb. 29 - John Miller of Nuveen Asset Management answers rapid-fire questions on the municipal bond market and says growing state and local government revenues will give support to the securities.....
Romney faces Super Tuesday threat: Sabato
Feb. 29 - UVA political analyst Larry Sabato says GOP Presidential hopeful Mitt Romney may see a bounce after his Michigan victory, but is still likely to lose half of the ten states on Super Tuesday......
Fed Chief talks jobs
Feb 29 - Federal Reserve Chairman Ben Bernanke says US job market is far from normal in prepared remarks before the House of Representatives Financial Services Committee. Rough cut, no reporter narration......
Trading at Noon: U.S. stocks off; Nasdaq cracks 3000 level
Feb. 29 - U.S. stocks are down, as Fed chairman Ben Bernanke testifies on Capitol Hill. Also, the Nasdaq cracked the 3000 level for the first time in nearly 12 years......
Breakingviews: Wall Street trading
Rob Cox and Breakingviews columnists dig into whether the New York Fed's asset sales promote prop trading or plain old banking skills......
James Murdoch quits as News Int boss
Feb. 29 - James Murdoch, the younger son of Rupert, will relinquish his position as executive chairman of News International. Ciara Sutton reports......
Greeks protest over new austerity cuts
Feb. 29 - Greece's main public and private sector unions protested over a fresh package of austerity measures approved by the Greek government in return for the country's second bailout package of 130 billion euros. Hayley Platt reports.....
Banks suck up 530 bln euros ECB funding
Feb. 29 - European banks gorged on 530 billion euros at the European Central Bank's second offering of cheap three-year funding, fuelling hopes the credit will flow to businesses and that it will help ease government borrowing costs. Joanna Partridge.....
Morning Briefing: Schwarzman's massive pay, iPad's future
Feb. 29 - Blackstone Group's co-founder Stephen Schwarzman received $213.5 million in salary in 2011, and lawyers for Apple argue for its right to use the iPad trademark in China......
U.S. Morning Call: DOJ conducting Libor probe-sources
that the DOJ is conducting a criminal probe into whether the world's largest banks manipulated the benchmark libor rate......
Leading vitamin maker warns of unhealthy 2012
Feb. 29 - Dutch food and chemicals group DSM's CEO says he's cautiously optimistic about 2012 but very confident about 2013......
Round three: China's iPad scrap
Feb. 29 - The prize: Chinese rights to the iPad trademark. The combatants: mighty Apple, and cash-strapped tech firm Proview. Jon Gordon reports from China......
Breakingviews: Hollande's 75% tax proposals don't make sense
Breakingviews......
Reuters Today: Cheap ECB loans seen lifting sentiment
Feb. 29 - Markets should benefit from extra cash as European banks take up around 500 bln in 3-year loans.....
UK firms prepare for Games gridlock
Feb. 29 - Thousands of UK workers are swapping the office for the comforts of working from home as businesses tested ways of avoiding transport gridlock during this summer's Olympics. Nigel Stevenson reports.....
Obama defends auto bailout as Michigan goes to the polls
Feb. 28 - U.S. President Barack Obama gives a fiery speech to the United Auto Workers union, defending the auto bailout. Deborah Lutterbeck reports......
iPad 3 is expected next week
Feb 28 - Summary of business headlines: iPad 3 speculation rises after Apple sends press invite; Sony sells 1.2 million PlayStation Vita devices in debut; Yahoo urges Facebook to pay up or face lawsuit; Dow finally cracks 13,000 ceiling, oil falls. C.....
Market Pulse: Bank feeding frenzy eases credit crunch fears
Feb. 29 - European banks snap up a bigger than expected 530 bln in cheap ECB three-year loans......
Hollywood glamour at Main St. prices
Just 48 hours after the stars walked the red carpet at the Oscars, dresses emulating the hot looks are being made in hopes they will inspire consumers who want to buy in to that Hollywood glamour......
U.S. Day Ahead: Fed's Bernanke to stay cautious on economy
Correspondent Mark Felsenthal says Fed Chairman Ben Bernanke needs to temper expectations of growth when he gives his semi-annual testimony on monetary policy before a House panel......
Special Report: Iran's cat-and-mouse game on sanctions
reporters uncover how Iran's main shipping company, IRISL, evades European and American sanctions......
Samsung projecting rapid smartphone growth
Feb. 28 - Samsung has unveiled a new smartphone which allows users to display multimedia content on walls using an inbuilt projector, as the company aims to corner and even greater slice of the mobile market. Andrew Potter reports......
Federal Reserve chief Ben Bernanke surprised at speed of fall in jobless figures
Federal Reserve chairman Ben Bernanke has voiced surprise at the speed of the decline in US unemployment in recent months and warned that growth will have to accelerate if it is to be sustained.<img width='1' height='1' src='http://telegraph.feeds.....
Why I signed the Telegraph letter against the 50p tax rate
Rob Gill, director at financial advisers Coreco Group, says the 50p tax rate for high earners is forcing hard-working professionals out of the UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0be8f6/mf.gif' b.....
50p tax rate is damaging economy and delaying recovery from recession, warn 500 business leaders
The 50p higher rate of income tax is 'damaging the economy' and delaying the recovery from recession, more than 500 entrepreneurs and business owners warn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0be8f5/.....
Debt crisis: live
German finance minister Wolfgang Schaeuble says scale of permanent bailout fund will not be decided at tomorrow's EU summit in Brussels, as 800 banks gorge on 530bn of cheap ECB loans.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
James Murdoch could lose job as BSkyB chairman after News International exit, warns Crispin Odey
One of BSkyB's biggest investors has warned that James Murdoch's exit from News International suggests he will soon also lose his position as chairman of the pay-TV broadcaster.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Holding on to the chairman's job at Sky is beyond the limit for James Murdoch
When Rupert Murdoch chose his son James to join him at a crucial meeting with the Bancroft family in 2007, it was seen as a moment of anointment.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0b8542/mf.gif' bo.....
RSM Tenon to axe 300 jobs after 84m loss
RSM Tenon, the crisis-hit audit firm that issued a profit warning last month, delivered a miserable set of results that included a 60.7m impairment charge, an 84m loss and a 12m accounting restatement.<img width='1' height='1' src='http://telegrap.....
ECB's Mario Draghi raises the stakes with trillion euro gamble
The European Central Bank is doubling up on a very risky bet.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0b5d5c/mf.gif' border='0'/>.....
GM takes stake in France's Peugeot as part of European alliance
General Motors has taken a 7pc stake in French rival Peugeot as part of an alliance that the two car makers hope will revive their profits in Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0b5a6b/mf.gif.....
UK Supreme Court rules all Lehman Brothers' former clients should have access to recovered cash
The task of sorting through Lehman Brothers' assets in the wake of the US bank's collapse took on new levels of difficulty after a UK court ruled that all of the bank's former clients should have access to recovered monies.<img width='1' height='1.....
Sir Mervyn King accuses banks of profiting at taxpayers' expense by rigging lending
The Governor of the Bank of England, Sir Mervyn King, has accused Britain's banks of trying to profit at the taxpayer's expense by rigging the Treasury's attempts to boost small business lending.<img width='1' height='1' src='http://telegraph.feed.....
HSBC predicts improved offer for Xstrata
Marriage was at the forefront of analysts' minds on Leap Day as they considered one of the mining industry's biggest potential unions - Glencore and Xstrata.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0b54e.....
ECB lends 530bn to European banks in bid to avert credit crunch
The European Central Bank has taken action to stave off a potentially disastrous credit crunch by lending 530bn (444bn) to 800 banks.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0b1ecd/mf.gif' border='0'/>.....
The UK tax system has reached breaking point
There have been almost as many memorable sayings about taxation over the years as about marriage, divorce and religion. Everyone knows the one about there being only two certainties in life - death and taxes. Here are a few others.<img width='1' h.....
FTSE 100: Investors switch on ITV as large-caps sink
Better-than-expected results pushed up ITV in morning trading, but the benchmark index sank into the red despite the latest flood of cash from the European Central Bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Standard Chartered unveils ninth successive record annual profit
Pre-tax profits at Standard Chartered increased 11pc in 2011 to $6.78bn (4.27bn), as the lender announced its ninth successive record annual profit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0acce9/mf.gif'.....
Taylor Wimpey resumes dividend as profits rise
Taylor Wimpey, one of Britain's biggest homebuilders, resumed dividend payments for the first time since the housing crash, as it claimed that margins had risen.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0.....
Brussels moves to close tax loopholes across Europe
Brussels has launched a new draft paper aimed at stopping companies from exploiting tax loopholes in different countries across Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0a7ba6/mf.gif' border='0'/&.....
German finance minister Wolfgang Schaeuble rejects talk of bail-out fund at EU summit
German finance minister Wolfgang Schaeuble has sought to lower expectations ahead of Thursday's EU leaders' summit in Brussels, insisting the scale of the permanent eurozone bail-out fund will not be decided at the meeting.<img width='1' height='1.....
Healthcare Locums shares slump on US lawsuit
Healthcare Locums (HCL), the embattled nursing recruiter, saw its shares slump after the company and its former executives were sued in the US.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0aa75a/mf.gif' bord.....
This is News Corp's version of firing James Murdoch
The writing has been on the wall for James Murdoch ever since the phone hacking scandal came to a head last summer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0aa75d/mf.gif' border='0'/>.....
Guinness maker Diageo lines up Ivan Menezes as successor to chief executive Paul Walsh
Diageo, the Guinness to Smirnoff maker, has paved the way for a successor to chief executive Paul Walsh by appointing the head of its North America business to a new role as chief operating officer.<img width='1' height='1' src='http://telegraph.f.....
World Book Day: the world's most valuable books
To mark World Book Day on March 1, here are some valuable volumes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0a4581/mf.gif' border='0'/>.....
Rule change on work experience
The Government has bowed to pressure and removed the threat of benefit sanctions from a voluntary work experience scheme, following a meeting with scores of employers on Wednesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Lazy home owners wasting 1.7bn a year
Big savings can be made by switching home insurance providers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d09a3db/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/12769797.....
Wednesday 29 February 2012
Tuesday 28 February 2012
UK Financial News on 2012-02-28
Regulations drive wedge between banks and clients
New research reveals diverging expectations, a breakdown in trust and a ‘blame culture'.....
Marex Spectron outlines aggressive Asian push
Commodities broker backed by ex-Lehman Brothers bankers is ramping up while most rivals are scaling back.....
Volcker Rule forces banks out of buyout funds
Banks, under pressure from the US financial reforms of the Volcker Rule, are selling stakes in private equity funds at an unprecedented rate.....
Buyout firms invest in higher education
UK government's receptive stance on private investment in higher education could yield rewards.....
Ex-Citigroup bankers set up Tages in London
A former head of investment banking at Citigroup has gained FSA-authorisation for a new company managing funds of hedge funds, an industry whose assets have fallen 60% since 2007.....
Corporate borrowers still favour loans over bonds
Nearly three-quarters of European high-grade borrowing in the second half of last year was in loans, despite predictions of a shift to bond funding.....
Oil market braced for shake-up
Global regulatory group Iosco set to consult with oil industry on what could herald an upheaval in the way crude prices are set.....
Currency markets target their own fear index
FX options trading platform today starts publishing rates that pave the way for a first currency volatility index.....
RBS offloads wealth business to Santander
Spanish bank is taking a UK wealth advisory business alongside a deal to take 318 bank branches from RBS.....
Managers ride their own bull market
Shares of top-five UK-listed asset managers have risen nearly 20% so far this year, but analysts say they are still undervalued.....
Barclays to pay 500m avoided tax
Barclays Bank is ordered by the Treasury to pay half-a-billion pounds in tax it tried to avoid, as retrospective legislation is introduced......
'11bn profit' from Northern Rock
Northern Rock is expected to return a profit of up to 11bn to the taxpayer over the next 10 to 15 years, UKFI says......
US shares hit pre-crash landmark
The Dow Jones industrials average closes above 13,000 for the first time since May 2008, before the financial crisis, reflecting growing confidence in the US economy......
Loans bonanza for European banks
The European Central Bank is readying another round of low interest loans for Europe's banks that could top 500bn euros......
Nurses reject pension proposals
Nurses join other NHS workers in rejecting the government's latest plans on public sector pensions......
Darling: Downgrade threat helped
Ex-Chancellor Alistair Darling says the threat of a rating agency downgrade in May 2009 helped push the government to tackle the deficit......
Google 'fails EU privacy rules'
Google's new privacy policy may violate the European Union's data protection laws, according to the French data regulator......
Strike ballot for tanker drivers
Thousands of tanker drivers across the UK are to be balloted for strike action in a row over safety and terms and conditions, the Unite union says......
BP Gulf spill settlement 'close'
A partial settlement of claims made against BP for the Deepwater Horizon disaster in the Gulf of Mexico is very close, sources tell the BBC......
Whitbread to create 10,000 jobs
Whitbread, the owner of the Premier Inn and Costa Coffee, announces plans to create 10,000 jobs in the UK by 2015, despite slower sales growth......
Aer Lingus profits from cost cuts
Irish airline Aer Lingus sees its annual profits more than double, as it continues to benefit from extensive cost-cutting......
Fiat confirms expansion in Russia
Fiat signs a deal with Russia's Sberbank to produce cars under the Jeep brand in Russia, with a new plant planned for St Petersburg......
Portugal passes its bailout check
Portugal passes a review of its spending cuts and economic reforms, paving the way for its next round of bailout funds......
Slowdown in financial complaints
Complaints to the financial ombudsman tailed off in the second half of 2011 as banks were given more time to deal with loan insurance cases......
Europe in housing market 'agony'
Europe is in the midst of "prolonged agony" of housing market decline with no obvious end in sight, a report by surveyors claims......
Whisky firm stake 'may be sold'
India-owned United Spirits Ltd confirms it is considering selling a 49% stake in its Glasgow-based subsidiary Whyte and Mackay......
Wall Street's Gekko gets FBI job
Michael Douglas, who played a greedy executive in the movie Wall Street, is the FBI's new spokesman against insider trading......
Cassava 'best for climate change'
The cassava plant could help farmers in Africa cope with climate change because of its ability to thrive in hot temperatures, a scientific report says......
Stamp price rise is 'affordable'
Plans to increase the prices of stamps will not lead to an "affordability issue", the Royal Mail chief executive tells MPs......
Mobile roaming charges 'to fall'
Charges for using your phone while abroad are likely to fall significantly after a vote by Euro MPs......
Pension transfer rules tightened
Employers will have to offer much higher incentives to staff to transfer their pensions to a personal scheme, says the Financial Services Authority......
CBI: Service industries weakening
Britain's service sector has weakened in recent months, according to the CBI - but its latest report suggests the situation might be stabilising......
S&P downgrades Greek debt again
Greek debt classified as in "selective default" by the credit rating agency Standard and Poor's following the nation's bailout deal......
France's Hollande: 75% wealth tax
The Socialist favourite in France's presidential election, Francois Hollande, calls for top earners to pay 75% of their income in tax......
Investors shun chipmaker Elpida
Elpida shares fail to find buyers at the Tokyo Stock Exchange as investors shun the chipmaker after it filed for bankruptcy protection......
Bayer sees profits almost double
German pharmaceuticals giant Bayer says its profits almost doubled last year, fuelled by sales in emerging markets......
Twitter unlocks archive to firms
Businesses are now able to access over two years of Twitter posts to aid with market research......
Olympics 'will be under budget'
The government is "increasingly confident" the Olympic Games will come in under budget as the 527m contingency fund remains untouched......
Glamorgan announce 1.7m losses
Glamorgan reveale they have made an operating loss of 1.7m for 2011 including 1.2m loss from staging the England v Sri Lanka Test match......
Arsenal profit from player sales
Premier League football club Arsenal reports a huge rise in half-year profits to 49.5m, following the sale of some key players......
VIDEO: Are British ditching the digestive?
Traditional biscuits are going out of fashion in the UK, with sales down 4.5% last year......
VIDEO: Would you buy into a franchise?
What are the advantages of buying into a franchise?.....
VIDEO: Barclays ordered to pay 500m
Barclays Bank has been ordered by the Treasury to pay half-a-billion pounds in tax which it had tried to avoid......
AUDIO: Barclays 'an exception' in tax avoidance
Business editor Robert Peston explains tax loopholes which Barclays bank has been criticised by the government for using while Treasury Minister David Gauke responds......
AUDIO: Inside the credit ratings agencies
Chief economics correspondent Hugh Pym takes a look behind credit ratings agencies as a Treasury select committee begins an inquiry following various downgrades which have put the market into freefall......
VIDEO: Willson: 'Cut duty, reduce deficit'
Fuel campaigners are meeting the Chancellor George Osborne to discuss the proposed rise in fuel duty......
AUDIO: Hunt: Arts giving 'a success'
Arts editor Will Gompertz reports on figures which show that corporate giving to the arts have fallen while Culture Secretary Jeremy Hunt responds......
VIDEO: Blackberry sets out future path
Blackberry's Alec Saunders speaks to Rory Cellan-Jones about the company's future after a difficult year and the competition it faces from Apple and Android......
Play time: What if you got paid to play games at work?
What if you got paid to play games at work?.....
iPad legal fight highlights Chinese pitfalls
iPad battle highlights Chinese pitfalls.....
What do credit rating agencies do?
What are credit rating agencies? Hugh Pym takes a look......
Can Russian timber shore up the economy?
Russia's Arkhangelsk region and its failing timber industry.....
Wage rows threaten Indonesia's booming manufacturing
Could strikes dent Indonesia's growing manufacturing power?.....
The bus boss who opposed 'African time'
The man who made Rwanda's buses run on time.....
U.S. Day Ahead: Fed's Bernanke to stay cautious on economy
Correspondent Mark Felsenthal says Fed Chairman Ben Bernanke needs to temper expectations of growth when he gives his semi-annual testimony on monetary policy before a House panel......
Special Report: Iran's cat-and-mouse game on sanctions
reporters uncover how Iran's main shipping company, IRISL, evades European and American sanctions......
Samsung projecting rapid smartphone growth
Feb. 28 - Samsung has unveiled a new smartphone which allows users to display multimedia content on walls using an inbuilt projector, as the company aims to corner and even greater slice of the mobile market. Andrew Potter reports......
Happy shoppers in aisle 2
Feb 28 - Economic hopes remain largely intact as American consumer confidence sits at a one-year high, offsetting a drop in orders for long-lasting manufactured goods and continued decline in home prices. Conway G. Gittens reports......
Trading at Noon: Wall Street rises on econ data
Feb. 28 - U.S. stocks rose on strong U.S. consumer confidence data, but gains were capped after a report showed a drop in durable goods orders......
Breakingviews: Exorbitant CEO pay
Feb 28 - Jeffrey Goldfarb and Breakingviews columnists debunk the idea that boards need to pay top dollar because theres some sort of global war for talent......
New crisis costs cruise company
Feb. 28 - Italy's Costa Cruises is under new pressure after another of its vessels has hit problems. Just over a month after Costa Concordia capsized, the Costa Allegra is being towed to an island in the Seychelles, after an engine room fire left it .....
Morning Briefing: Weak U.S. econ data; Gekko helps FBI
Feb. 28 - U.S. durable goods orders sank to a 3 year low in January and and December home prices tumbled. Also, Michael Douglas aka Gordon Gekko helps the FBI on insider trading......
Europe Day Ahead: Wednesday
Feb. 28 - Banks are expected to take 500 bln in cheap loans from the ECB tomorrow, but analysts warn that too big a number could set alarm bells ringing again......
Eaton Vance's Metzold: Not enough munis to meet demand
Feb. 28 - Tom Metzold, co-director of Eaton Vance Municipal Investments, says tax reform is inevitable, but it is not clear to what extent it will be......
Double-decker buses return to London
Feb. 28 - London's iconic double-decker bus makes a return to the capital in time for this summer's Olympic games. Hayley Platt reports......
U.S. Morning Call: Michael Douglas's PSA on insider trading
Feb. 28 - Actor Michael Douglas records a public service announcement as part of a crackdown on financial crimes, and a patent war looms between Facebook and Yahoo......
Avoid the crush, London companies prepare for the Olympics
Feb. 28 - Go to the pub, work from home, go on holiday? Nigel Stevenson investigates how some companies are making plans for business as usual during the Olympic Games in London......
Breakingviews: No Winners in Barclays crackdown
Breakingviews......
Crippled cruise ship under tow
Feb 28 - The Costa Allegra cruise ship is under tow to the Seychelles after an engine room fire left it powerless and drifting. Paul Chapman reports......
Greek default rating couldn't wait says S&P
Feb. 28 - Bondholder contracts have been changed by the government to the detriment of creditors. This makes it our duty to call a default says S&P Head of EMEA Sovereign Ratings Moritz Kraemer......
Argentina bans UK cruise ships
Feb 28 - A territorial row between Britain and Argentina takes a new twist as two UK cruise ships are banned from docking at an Argentine port. Paul Chapman reports......
Tokyo's quake-inspired bicycle boom
Tokyo commuters turn to bicycles after last year's earthquake transport chaos, with up to five times more cyclists on the streets......
Reuters Today: Merkel scrapes Greek bailout vote as S&P downgrades Athens
Feb. 28 - Growing opposition in Germany to pouring more money into the euro zone could weaken Chancellor Angela Merkel's negotiating stance......
Data Freak: Can Apple fall from the China tree?
Feb. 28 - Apple struggles to dominate in the key growth market of China. Find out what the charts say about Apple's business outlook in the world's second biggest economy......
Goodluck visits rig fire villages
Feb 28 - Nigeria's president visits villagers suffering the effects of a fire still burning after explosions aboard a gas rig on January 16th. Paul Chapman reports......
Barclays in tax avoidance clampdown
Feb. 28 - Barclays Plc says it is the bank at the centre of a clampdown by Britain on two tax avoidance schemes that the government said would close loopholes and raise more than 500 million pounds in tax. Ciara Sutton reports......
Market Pulse: Italian bond auction boost ahead of ECB loans
Feb. 28 - Rome's 10-year borrowing costs fall to their lowest since August 2011......
Still no Dow 13K
Feb 27 - Summary of business headlines: Dow fails in latest attempt to top 13,000; Gas prices jump 18 cents in two weeks -nationwide survey; TransCanada aims to restart Keystone pipeline project rejected by Obama White House. Conway G. Gittens report.....
Oil prices put pressures on recovery, gasoline
Feb. 27 - Credit Suisse's Jan Stuart and Clearview Partners' Kevin Book discuss the conditions in the oil market and the implications of a possible Israeli strike on Iran on gasoline prices......
Ireland is getting a choice - which is more than other eurozone states
Democracy continues to interfere with the European Union's best laid plans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d04028f/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.c.....
Irish EU treaty vote threatens chaos
Ireland's referendum on EU's fiscal treaty risks unprecedented fragmentation of eurozone and major clash with Germany.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d03dc7f/mf.gif' border='0'/><br/><.....
Dow closes above 13,000 for first time since May 2008, Apple hits record high
The Dow has closed above 13,000 for the first time since May 2008 and Apple shares hit a record high, as buoyant US consumer confidence data nudged the nearly five-month rally forward.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Boss of Everything Everywhere owner says name should be scrapped
Mobile phone operator Everything Everywhere is facing more embarrassment over its name after the boss of France Telecom, which owns half of the company, said it should be scrapped.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Debt crisis: as it happened, February 28, 2012
Ireland announces it will hold a referendum on the new European fiscal compact, while markets slip as gloomy economic data casts doubt over the US economy's strength.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Sainsbury's chief Justin King: Don't let work experience debate destroy its real value
It would be nothing short of a travesty if the real casualties of the heated debate raging about work experience and big business end up being the very people many of these schemes set out to help in the first place.<img width='1' height='1' src='.....
Debt crisis: live
Ireland announces it will hold a referendum on the new European fiscal compact, while markets slip as gloomy economic data casts doubt over the US economy's strength.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Google backs Vodafone and AT&T in red tape row
Search giant backs Vodafone amid claims firms are 'regulated to death'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d039964/mf.gif' border='0'/>.....
Cove Energy shares rise on hopes of Indian consortium bid
AIM-listed Cove Energy shares rose on speculation that a third bid for the company was imminent - this time from an Indian consortium.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0343e9/mf.gif' border='0'/&g.....
HSBC could face US criminal charges and 'significant' fines over 'money-laundering'
HSBC has admitted for the first time it may face criminal charges that could see it hit with 'significant' penalties stemming from a US investigation into alleged money-laundering by Britain's biggest bank.<img width='1' height='1' src='http://tel.....
Barclays' auditor PricewaterhouseCoopers raised concerns over 'highly abusive' tax schemes
Barclays' auditor, PwC, raised concerns over two tax avoidance schemes created by the bank that were later rejected by the tax authorities as 'highly abusive'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02e.....
Provident profits hit hedge funds
Provident Financial shares rose by more than 6pc after lower bad debt charges boosted full-year profits at the doorstop lender.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02f8e9/mf.gif' border='0'/><b.....
Dixons Retail finds its spark as FTSE flatlines
Despite the wider market failing to find its spark, Dixons Retail was in demand as City scribes painted a brighter future for the electricals retailer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02f8ea/mf.g.....
FTSE 100: Whitbread weakens as blue-chips mark time
Whitbread, owner of Premier Inns and Costa Coffee, was amongst the worst performers on the benchmark index after it revealed a slowdown in sales growth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cff6ab0/mf......
Reform taxation of 2m firms, says OTS
The Chancellor will respond in his Budget to proposals from the Office of Tax Simplification (OTS) for a simpler system of small business taxation<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02ddd8/mf.gif' b.....
Ireland's biggest company CRH sees profits rise on better weather
Ireland's biggest company, CRH, said profits rose in 2011 as better weather supported demand from the building materials group's customers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02ddda/mf.gif' border='.....
Slowdown catches up with Whitbread's Premier Inn
Whitbread chief Andy Harrison insists the hotel and restaurant group will deliver double-digit earnings growth for the full year despite sales at Premier Inn running out of steam.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
GKN raises dividend 20pc as car sales drive profits
GKN, the parts manufacturer for the car and aerospace industries, unveiled a 20pc boost to its dividend after pre-tax profits rose 15pc on growth in China and the US.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Promethean World hit by US spending cuts
Interactive whiteboard maker Promethean World has unveiled a fall in full-year profits following government cutbacks in education spending in the US and Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d01.....
Profits recover at Aer Lingus
Profits at Irish carrier Aer Lingus recovered last year to 84.4 million (71.6m) from 27.2m in 2010 but the airline has warned that spiralling fuel costs and a growing pension deficit would hit earnings this year.<img width='1' height='1' src='http.....
Ireland to hold referendum on Europe's fiscal treaty
Ireland's people will vote on whether to accept the European Union's new fiscal treaty, Prime Minister Enda Kenny has announced, in a significant test of public support for eurozone plans to impose greater budget discipline on the 17-nation bloc.<.....
Serco profits rise despite flat performance in Britain
Serco, which manages hundreds of Government services from Boris bikes to prisons, said it had suffered from "its worst ever year" in the UK because of "austerity measures".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Big trouble in China for Big Four auditors
'Big Four' auditors could be squeezed out of the market after scandals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02294c/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....
Wall of red tape reform to hit this year, promises minister Mark Prisk
The Coalition's deregulation plans are beginning to take effect but business groups warn that much more needs to be done<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02e59f/mf.gif' border='0'/>.....
Wall of red tape reform to hit this year, promises minister
The Coalition's deregulation plans are beginning to take effect but business groups warn that much more needs to be done<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02309f/mf.gif' border='0'/><br/>&.....
New research reveals diverging expectations, a breakdown in trust and a ‘blame culture'.....
Marex Spectron outlines aggressive Asian push
Commodities broker backed by ex-Lehman Brothers bankers is ramping up while most rivals are scaling back.....
Volcker Rule forces banks out of buyout funds
Banks, under pressure from the US financial reforms of the Volcker Rule, are selling stakes in private equity funds at an unprecedented rate.....
Buyout firms invest in higher education
UK government's receptive stance on private investment in higher education could yield rewards.....
Ex-Citigroup bankers set up Tages in London
A former head of investment banking at Citigroup has gained FSA-authorisation for a new company managing funds of hedge funds, an industry whose assets have fallen 60% since 2007.....
Corporate borrowers still favour loans over bonds
Nearly three-quarters of European high-grade borrowing in the second half of last year was in loans, despite predictions of a shift to bond funding.....
Oil market braced for shake-up
Global regulatory group Iosco set to consult with oil industry on what could herald an upheaval in the way crude prices are set.....
Currency markets target their own fear index
FX options trading platform today starts publishing rates that pave the way for a first currency volatility index.....
RBS offloads wealth business to Santander
Spanish bank is taking a UK wealth advisory business alongside a deal to take 318 bank branches from RBS.....
Managers ride their own bull market
Shares of top-five UK-listed asset managers have risen nearly 20% so far this year, but analysts say they are still undervalued.....
Barclays to pay 500m avoided tax
Barclays Bank is ordered by the Treasury to pay half-a-billion pounds in tax it tried to avoid, as retrospective legislation is introduced......
'11bn profit' from Northern Rock
Northern Rock is expected to return a profit of up to 11bn to the taxpayer over the next 10 to 15 years, UKFI says......
US shares hit pre-crash landmark
The Dow Jones industrials average closes above 13,000 for the first time since May 2008, before the financial crisis, reflecting growing confidence in the US economy......
Loans bonanza for European banks
The European Central Bank is readying another round of low interest loans for Europe's banks that could top 500bn euros......
Nurses reject pension proposals
Nurses join other NHS workers in rejecting the government's latest plans on public sector pensions......
Darling: Downgrade threat helped
Ex-Chancellor Alistair Darling says the threat of a rating agency downgrade in May 2009 helped push the government to tackle the deficit......
Google 'fails EU privacy rules'
Google's new privacy policy may violate the European Union's data protection laws, according to the French data regulator......
Strike ballot for tanker drivers
Thousands of tanker drivers across the UK are to be balloted for strike action in a row over safety and terms and conditions, the Unite union says......
BP Gulf spill settlement 'close'
A partial settlement of claims made against BP for the Deepwater Horizon disaster in the Gulf of Mexico is very close, sources tell the BBC......
Whitbread to create 10,000 jobs
Whitbread, the owner of the Premier Inn and Costa Coffee, announces plans to create 10,000 jobs in the UK by 2015, despite slower sales growth......
Aer Lingus profits from cost cuts
Irish airline Aer Lingus sees its annual profits more than double, as it continues to benefit from extensive cost-cutting......
Fiat confirms expansion in Russia
Fiat signs a deal with Russia's Sberbank to produce cars under the Jeep brand in Russia, with a new plant planned for St Petersburg......
Portugal passes its bailout check
Portugal passes a review of its spending cuts and economic reforms, paving the way for its next round of bailout funds......
Slowdown in financial complaints
Complaints to the financial ombudsman tailed off in the second half of 2011 as banks were given more time to deal with loan insurance cases......
Europe in housing market 'agony'
Europe is in the midst of "prolonged agony" of housing market decline with no obvious end in sight, a report by surveyors claims......
Whisky firm stake 'may be sold'
India-owned United Spirits Ltd confirms it is considering selling a 49% stake in its Glasgow-based subsidiary Whyte and Mackay......
Wall Street's Gekko gets FBI job
Michael Douglas, who played a greedy executive in the movie Wall Street, is the FBI's new spokesman against insider trading......
Cassava 'best for climate change'
The cassava plant could help farmers in Africa cope with climate change because of its ability to thrive in hot temperatures, a scientific report says......
Stamp price rise is 'affordable'
Plans to increase the prices of stamps will not lead to an "affordability issue", the Royal Mail chief executive tells MPs......
Mobile roaming charges 'to fall'
Charges for using your phone while abroad are likely to fall significantly after a vote by Euro MPs......
Pension transfer rules tightened
Employers will have to offer much higher incentives to staff to transfer their pensions to a personal scheme, says the Financial Services Authority......
CBI: Service industries weakening
Britain's service sector has weakened in recent months, according to the CBI - but its latest report suggests the situation might be stabilising......
S&P downgrades Greek debt again
Greek debt classified as in "selective default" by the credit rating agency Standard and Poor's following the nation's bailout deal......
France's Hollande: 75% wealth tax
The Socialist favourite in France's presidential election, Francois Hollande, calls for top earners to pay 75% of their income in tax......
Investors shun chipmaker Elpida
Elpida shares fail to find buyers at the Tokyo Stock Exchange as investors shun the chipmaker after it filed for bankruptcy protection......
Bayer sees profits almost double
German pharmaceuticals giant Bayer says its profits almost doubled last year, fuelled by sales in emerging markets......
Twitter unlocks archive to firms
Businesses are now able to access over two years of Twitter posts to aid with market research......
Olympics 'will be under budget'
The government is "increasingly confident" the Olympic Games will come in under budget as the 527m contingency fund remains untouched......
Glamorgan announce 1.7m losses
Glamorgan reveale they have made an operating loss of 1.7m for 2011 including 1.2m loss from staging the England v Sri Lanka Test match......
Arsenal profit from player sales
Premier League football club Arsenal reports a huge rise in half-year profits to 49.5m, following the sale of some key players......
VIDEO: Are British ditching the digestive?
Traditional biscuits are going out of fashion in the UK, with sales down 4.5% last year......
VIDEO: Would you buy into a franchise?
What are the advantages of buying into a franchise?.....
VIDEO: Barclays ordered to pay 500m
Barclays Bank has been ordered by the Treasury to pay half-a-billion pounds in tax which it had tried to avoid......
AUDIO: Barclays 'an exception' in tax avoidance
Business editor Robert Peston explains tax loopholes which Barclays bank has been criticised by the government for using while Treasury Minister David Gauke responds......
AUDIO: Inside the credit ratings agencies
Chief economics correspondent Hugh Pym takes a look behind credit ratings agencies as a Treasury select committee begins an inquiry following various downgrades which have put the market into freefall......
VIDEO: Willson: 'Cut duty, reduce deficit'
Fuel campaigners are meeting the Chancellor George Osborne to discuss the proposed rise in fuel duty......
AUDIO: Hunt: Arts giving 'a success'
Arts editor Will Gompertz reports on figures which show that corporate giving to the arts have fallen while Culture Secretary Jeremy Hunt responds......
VIDEO: Blackberry sets out future path
Blackberry's Alec Saunders speaks to Rory Cellan-Jones about the company's future after a difficult year and the competition it faces from Apple and Android......
Play time: What if you got paid to play games at work?
What if you got paid to play games at work?.....
iPad legal fight highlights Chinese pitfalls
iPad battle highlights Chinese pitfalls.....
What do credit rating agencies do?
What are credit rating agencies? Hugh Pym takes a look......
Can Russian timber shore up the economy?
Russia's Arkhangelsk region and its failing timber industry.....
Wage rows threaten Indonesia's booming manufacturing
Could strikes dent Indonesia's growing manufacturing power?.....
The bus boss who opposed 'African time'
The man who made Rwanda's buses run on time.....
U.S. Day Ahead: Fed's Bernanke to stay cautious on economy
Correspondent Mark Felsenthal says Fed Chairman Ben Bernanke needs to temper expectations of growth when he gives his semi-annual testimony on monetary policy before a House panel......
Special Report: Iran's cat-and-mouse game on sanctions
reporters uncover how Iran's main shipping company, IRISL, evades European and American sanctions......
Samsung projecting rapid smartphone growth
Feb. 28 - Samsung has unveiled a new smartphone which allows users to display multimedia content on walls using an inbuilt projector, as the company aims to corner and even greater slice of the mobile market. Andrew Potter reports......
Happy shoppers in aisle 2
Feb 28 - Economic hopes remain largely intact as American consumer confidence sits at a one-year high, offsetting a drop in orders for long-lasting manufactured goods and continued decline in home prices. Conway G. Gittens reports......
Trading at Noon: Wall Street rises on econ data
Feb. 28 - U.S. stocks rose on strong U.S. consumer confidence data, but gains were capped after a report showed a drop in durable goods orders......
Breakingviews: Exorbitant CEO pay
Feb 28 - Jeffrey Goldfarb and Breakingviews columnists debunk the idea that boards need to pay top dollar because theres some sort of global war for talent......
New crisis costs cruise company
Feb. 28 - Italy's Costa Cruises is under new pressure after another of its vessels has hit problems. Just over a month after Costa Concordia capsized, the Costa Allegra is being towed to an island in the Seychelles, after an engine room fire left it .....
Morning Briefing: Weak U.S. econ data; Gekko helps FBI
Feb. 28 - U.S. durable goods orders sank to a 3 year low in January and and December home prices tumbled. Also, Michael Douglas aka Gordon Gekko helps the FBI on insider trading......
Europe Day Ahead: Wednesday
Feb. 28 - Banks are expected to take 500 bln in cheap loans from the ECB tomorrow, but analysts warn that too big a number could set alarm bells ringing again......
Eaton Vance's Metzold: Not enough munis to meet demand
Feb. 28 - Tom Metzold, co-director of Eaton Vance Municipal Investments, says tax reform is inevitable, but it is not clear to what extent it will be......
Double-decker buses return to London
Feb. 28 - London's iconic double-decker bus makes a return to the capital in time for this summer's Olympic games. Hayley Platt reports......
U.S. Morning Call: Michael Douglas's PSA on insider trading
Feb. 28 - Actor Michael Douglas records a public service announcement as part of a crackdown on financial crimes, and a patent war looms between Facebook and Yahoo......
Avoid the crush, London companies prepare for the Olympics
Feb. 28 - Go to the pub, work from home, go on holiday? Nigel Stevenson investigates how some companies are making plans for business as usual during the Olympic Games in London......
Breakingviews: No Winners in Barclays crackdown
Breakingviews......
Crippled cruise ship under tow
Feb 28 - The Costa Allegra cruise ship is under tow to the Seychelles after an engine room fire left it powerless and drifting. Paul Chapman reports......
Greek default rating couldn't wait says S&P
Feb. 28 - Bondholder contracts have been changed by the government to the detriment of creditors. This makes it our duty to call a default says S&P Head of EMEA Sovereign Ratings Moritz Kraemer......
Argentina bans UK cruise ships
Feb 28 - A territorial row between Britain and Argentina takes a new twist as two UK cruise ships are banned from docking at an Argentine port. Paul Chapman reports......
Tokyo's quake-inspired bicycle boom
Tokyo commuters turn to bicycles after last year's earthquake transport chaos, with up to five times more cyclists on the streets......
Reuters Today: Merkel scrapes Greek bailout vote as S&P downgrades Athens
Feb. 28 - Growing opposition in Germany to pouring more money into the euro zone could weaken Chancellor Angela Merkel's negotiating stance......
Data Freak: Can Apple fall from the China tree?
Feb. 28 - Apple struggles to dominate in the key growth market of China. Find out what the charts say about Apple's business outlook in the world's second biggest economy......
Goodluck visits rig fire villages
Feb 28 - Nigeria's president visits villagers suffering the effects of a fire still burning after explosions aboard a gas rig on January 16th. Paul Chapman reports......
Barclays in tax avoidance clampdown
Feb. 28 - Barclays Plc says it is the bank at the centre of a clampdown by Britain on two tax avoidance schemes that the government said would close loopholes and raise more than 500 million pounds in tax. Ciara Sutton reports......
Market Pulse: Italian bond auction boost ahead of ECB loans
Feb. 28 - Rome's 10-year borrowing costs fall to their lowest since August 2011......
Still no Dow 13K
Feb 27 - Summary of business headlines: Dow fails in latest attempt to top 13,000; Gas prices jump 18 cents in two weeks -nationwide survey; TransCanada aims to restart Keystone pipeline project rejected by Obama White House. Conway G. Gittens report.....
Oil prices put pressures on recovery, gasoline
Feb. 27 - Credit Suisse's Jan Stuart and Clearview Partners' Kevin Book discuss the conditions in the oil market and the implications of a possible Israeli strike on Iran on gasoline prices......
Ireland is getting a choice - which is more than other eurozone states
Democracy continues to interfere with the European Union's best laid plans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d04028f/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.c.....
Irish EU treaty vote threatens chaos
Ireland's referendum on EU's fiscal treaty risks unprecedented fragmentation of eurozone and major clash with Germany.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d03dc7f/mf.gif' border='0'/><br/><.....
Dow closes above 13,000 for first time since May 2008, Apple hits record high
The Dow has closed above 13,000 for the first time since May 2008 and Apple shares hit a record high, as buoyant US consumer confidence data nudged the nearly five-month rally forward.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Boss of Everything Everywhere owner says name should be scrapped
Mobile phone operator Everything Everywhere is facing more embarrassment over its name after the boss of France Telecom, which owns half of the company, said it should be scrapped.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Debt crisis: as it happened, February 28, 2012
Ireland announces it will hold a referendum on the new European fiscal compact, while markets slip as gloomy economic data casts doubt over the US economy's strength.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Sainsbury's chief Justin King: Don't let work experience debate destroy its real value
It would be nothing short of a travesty if the real casualties of the heated debate raging about work experience and big business end up being the very people many of these schemes set out to help in the first place.<img width='1' height='1' src='.....
Debt crisis: live
Ireland announces it will hold a referendum on the new European fiscal compact, while markets slip as gloomy economic data casts doubt over the US economy's strength.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Google backs Vodafone and AT&T in red tape row
Search giant backs Vodafone amid claims firms are 'regulated to death'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d039964/mf.gif' border='0'/>.....
Cove Energy shares rise on hopes of Indian consortium bid
AIM-listed Cove Energy shares rose on speculation that a third bid for the company was imminent - this time from an Indian consortium.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d0343e9/mf.gif' border='0'/&g.....
HSBC could face US criminal charges and 'significant' fines over 'money-laundering'
HSBC has admitted for the first time it may face criminal charges that could see it hit with 'significant' penalties stemming from a US investigation into alleged money-laundering by Britain's biggest bank.<img width='1' height='1' src='http://tel.....
Barclays' auditor PricewaterhouseCoopers raised concerns over 'highly abusive' tax schemes
Barclays' auditor, PwC, raised concerns over two tax avoidance schemes created by the bank that were later rejected by the tax authorities as 'highly abusive'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02e.....
Provident profits hit hedge funds
Provident Financial shares rose by more than 6pc after lower bad debt charges boosted full-year profits at the doorstop lender.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02f8e9/mf.gif' border='0'/><b.....
Dixons Retail finds its spark as FTSE flatlines
Despite the wider market failing to find its spark, Dixons Retail was in demand as City scribes painted a brighter future for the electricals retailer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02f8ea/mf.g.....
FTSE 100: Whitbread weakens as blue-chips mark time
Whitbread, owner of Premier Inns and Costa Coffee, was amongst the worst performers on the benchmark index after it revealed a slowdown in sales growth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cff6ab0/mf......
Reform taxation of 2m firms, says OTS
The Chancellor will respond in his Budget to proposals from the Office of Tax Simplification (OTS) for a simpler system of small business taxation<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02ddd8/mf.gif' b.....
Ireland's biggest company CRH sees profits rise on better weather
Ireland's biggest company, CRH, said profits rose in 2011 as better weather supported demand from the building materials group's customers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02ddda/mf.gif' border='.....
Slowdown catches up with Whitbread's Premier Inn
Whitbread chief Andy Harrison insists the hotel and restaurant group will deliver double-digit earnings growth for the full year despite sales at Premier Inn running out of steam.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
GKN raises dividend 20pc as car sales drive profits
GKN, the parts manufacturer for the car and aerospace industries, unveiled a 20pc boost to its dividend after pre-tax profits rose 15pc on growth in China and the US.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Promethean World hit by US spending cuts
Interactive whiteboard maker Promethean World has unveiled a fall in full-year profits following government cutbacks in education spending in the US and Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d01.....
Profits recover at Aer Lingus
Profits at Irish carrier Aer Lingus recovered last year to 84.4 million (71.6m) from 27.2m in 2010 but the airline has warned that spiralling fuel costs and a growing pension deficit would hit earnings this year.<img width='1' height='1' src='http.....
Ireland to hold referendum on Europe's fiscal treaty
Ireland's people will vote on whether to accept the European Union's new fiscal treaty, Prime Minister Enda Kenny has announced, in a significant test of public support for eurozone plans to impose greater budget discipline on the 17-nation bloc.<.....
Serco profits rise despite flat performance in Britain
Serco, which manages hundreds of Government services from Boris bikes to prisons, said it had suffered from "its worst ever year" in the UK because of "austerity measures".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Big trouble in China for Big Four auditors
'Big Four' auditors could be squeezed out of the market after scandals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02294c/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....
Wall of red tape reform to hit this year, promises minister Mark Prisk
The Coalition's deregulation plans are beginning to take effect but business groups warn that much more needs to be done<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02e59f/mf.gif' border='0'/>.....
Wall of red tape reform to hit this year, promises minister
The Coalition's deregulation plans are beginning to take effect but business groups warn that much more needs to be done<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d02309f/mf.gif' border='0'/><br/>&.....
Monday 27 February 2012
UK Financial News on 2012-02-27
Regulations drive wedge between banks and clients
New research reveals diverging expectations, a breakdown in trust and a ‘blame culture'.....
Marex Spectron outlines aggressive Asian push
Commodities broker backed by ex-Lehman Brothers bankers is ramping up while most rivals are scaling back.....
Volcker Rule forces banks out of buyout funds
Banks, under pressure from the US financial reforms of the Volcker Rule, are selling stakes in private equity funds at an unprecedented rate.....
Buyout firms invest in higher education
UK government's receptive stance on private investment in higher education could yield rewards.....
Ex-Citigroup bankers set up Tages in London
A former head of investment banking at Citigroup has gained FSA-authorisation for a new company managing funds of hedge funds, an industry whose assets have fallen 60% since 2007.....
Corporate borrowers still favour loans over bonds
Nearly three-quarters of European high-grade borrowing in the second half of last year was in loans, despite predictions of a shift to bond funding.....
Oil market braced for shake-up
Global regulatory group Iosco set to consult with oil industry on what could herald an upheaval in the way crude prices are set.....
Currency markets target their own fear index
FX options trading platform today starts publishing rates that pave the way for a first currency volatility index.....
RBS offloads wealth business to Santander
Spanish bank is taking a UK wealth advisory business alongside a deal to take 318 bank branches from RBS.....
Managers ride their own bull market
Shares of top-five UK-listed asset managers have risen nearly 20% so far this year, but analysts say they are still undervalued.....
HSBC annual profits reach 13.8bn
HSBC's annual profits rise 15%, boosted by its performance in Asia and other emerging markets in a year of "major progress"......
Prudential may shift HQ from UK
The Prudential, the UK's biggest insurer, is considering moving its headquarters overseas to escape new rules......
Arsenal profit from player sales
Premier League football club Arsenal reports a huge rise in half-year profits to 49.5m, following the sale of some key players......
German MPs approve Greek bailout
German MPs vote by 496 to 90 to back Greece's second EU/IMF bailout, though Chancellor Angela Merkel concedes it might not work......
Portugal to face bailout review
Portugal faces a review of its spending cuts and economic reforms as lenders consider granting the next slice of bailout funds......
Bank tax dodges halted by new law
A bank in the UK has been forced to pay half a billion pounds in tax which it had dodged by using "highly abusive" tax avoidance schemes......
GM may buy small stake in Peugeot
General Motors is close to buying a small stake in Peugeot Citroen as part of a strategic alliance between the carmakers, reports say......
EU warning on energy competition
The European Commission warns eight countries to increase energy competition or face legal action at the European Court of Justice (ECJ).....
UK firm's role in iPad name row
Court papers in a legal dispute over the iPad trademark follow an "extensive investigation", Proview tells the BBC......
G20 seeks eurozone bailout boost
Eurozone countries need to put more money in their rescue fund before G20 nations can help them, the G20 finance ministers say......
China 'needs free-market reforms'
China needs to embrace fundamental free-market reforms if its economy is to continue to grow at its current pace, says the World Bank......
Sharp profit jump for Bovis Homes
UK housebuilder Bovis Homes has reported a steep jump in profits for 2011 and says the average sales price rose to 180,100......
Rangers fined 50,000 over Whyte
Rangers are fined 50,000 for failing to disclose owner Craig Whyte had been previously disqualified as a director......
Essar shares slump on 2011 loss
Shares in India's Essar Energy have slumped almost 10% after the company reported an after-tax loss for 2011......
Elpida seeks bankruptcy shelter
Japanese chipmaker Elpida files for bankruptcy protection as it struggles to repay debts of 448bn yen......
Olympus names new board members
Embattled camera and medical equipment maker Olympus proposes a new board as it attempts to recover from a $1.7bn accounting scandal......
Pearson sees digital profits rise
Educational publisher and FT owner, Pearson reports a rise in profits thanks to improved digital sales and growth in emerging markets......
'Childcare cost rise risks jobs'
Some parents could be forced out of work and into poverty as the rising cost of childcare outstrips wage rises, says a report......
Gulf oil disaster trial delayed
The civil trial over the 2010 Deepwater Horizon oil rig disaster, which was due to start on Monday, is delayed to allow for further talks on a settlement......
Lower freight rates knock Maersk
Danish container shipping firm AP Moller-Maersk reports a sharp fall in profits for last year and warns 2012 will see profits slip further......
Eye firm to create 100 new jobs
The eye company, Optical Express, is to open 24 new clinics in the UK and create 100 customer care jobs in Scotland......
Hampshire land Rose Bowl sponsor
Hampshire announce a new naming rights deal for their Rose Bowl ground, which will now become known as the Ageas Bowl......
League defends club owner tests
The Football League defends its record on scrutinising club takeovers but admits its investigations are limited due to financial restraints......
VIDEO: Mobile giants unveil latest designs
Rory Cellan-Jones previews the World Mobile Congress in Barcelona and asks if there is any difference between the raft of new phones being announced......
VIDEO: Greek carnival highlights crisis
The financial crisis in Greece was the theme of the country's biggest carnival parade......
AUDIO: Prudential considering Asia move
The Asia Finance Correspondent for the Wall Street Journal told BBC Radio 5 live why Prudential could be tempted by Asia......
AUDIO: 74 farms report livestock disease
Seventy-four UK farms say the have been affected by the Schmallenberg virus 74 farms, which can cause ewes to give birth to dead or deformed lambs which often have to be shot......
AUDIO: Asia behind HSBC profits surge
Annual profits at HSBC have risen 15% to 14bn. About 90% of this was made outside the UK......
VIDEO: Greek cartoons stoke anti-German mood
In Berlin the Bundestag will vote on Monday on whether to endorse Greece's recent bailout package of 130bn euros (110bn; $170bn)......
VIDEO: Fairtrade 'making all the difference'
It has been nearly 20 years since the Fairtrade Foundation was set up with the aim of providing products that guarantee a better deal to the farmers in the developing world......
VIDEO: Doubts raised over Fairtrade farms
Monday marks the start of Fairtrade Week, but the scheme is not without its critics......
Wage rows threaten Indonesia's booming manufacturing
Could strikes dent Indonesia's growing manufacturing power?.....
UAE tries to tempt Chinese tourists
Spreading the word about holidays in the Gulf.....
The American bus revival
Are Americans overcoming their dislike of buses?.....
Hong Kong entrepreneur finds opportunity in citys darkest moment
Opportunity comes in unusual form for Hong Kong coffee chain.....
Families hide wealth to avoid care fees
Families hiding their wealth to avoid care home fees.....
Are Greeks the hardest workers in Europe?
Are Greeks the hardest workers in Europe?.....
Gujarat state in the fast lane of Indian economy
Gujarat state in the fast lane of Indian economy.....
U.S. Day Ahead: Fed to be grilled on housing white paper
Correspondent Pedro Da Costa says Fed Governor Elizabeth Duke is expected to face a critical crowd when she testifies on the housing sector before a Senate panel......
Trading at Noon: Wall St. bounces back, trades flat
Feb. 27 - U.S. stocks rebounded from near 1% losses after the open to turn flat in late morning trading......
BP trial delayed; Gulf still hurting
Feb. 27 - Settlement talks are on between BP and businesses hurt by the Gulf of Mexico oil spill after the trial is put on hold for a week, but business in the Gulf remains precarious. Bobbi Rebell reports......
German MPs approve second Greek bailout
Feb.27 - Germany's parliament has endorsed the second Greek bailout, despite domestic pressure on Chancellor Angela Merkel to stop funding Greece and other indebted euro zone economies. Joanna Partridge reports.....
G20 to EU: Do more!
Feb 27 - Markets are still concerned about the European debt crisis after a weekend meeting of G20 finance ministers and central bankers. The Group of 20 leading economies also expressed concerns about rising energy costs. Conway G. Gittens reports......
Breakingviews: Succession at Berkshire Hathaway
Feb 27 - Breakingviews columnists discuss why, in one way, Warren Buffett should take a lead from Rupert Murdoch......
Nokia's launches mobile phone fightback
Feb.27 - Finnish mobile giant Nokia has unveiled its new Windows-powered Lumia smartphones at the Mobile World Congress in Barcelona. Andrew Potter reports.....
Crisis at Japan's last PC chipmaker
Feb.27 - Japan's Elpida Memory says it has filed for protection from creditors with 5.55 billion dollars in debt, the biggest bankruptcy filing by a Japanese manufacturer. Ciara Sutton reports.....
Europe Day Ahead: Tuesday
Feb. 27 - Germany remains under pressure to agree an increase in euro zone bailout funds......
Morning Briefing: Buffett's optimism, iPhone smuggling
Feb. 27 - Warren Buffett tells CNBC he sees housing on the mend and doesn't think high oil prices will stop the recovery, and smugglers invent new ways to get iPhones into China......
Buy your own French village
Feb.27 - For those who want to buy their own village complete with buildings, tennis courts and a swimming pool - bids to buy Courbefy in western France started at just 300,000 euros, the price of a small apartment. Joanna Partridge reports.....
ECB Bond Buying Data
Feb. 27 - Morgan Stanley Head of European Interest Rate Strategy assesses the latest European Central Bank bond buying data......
Buy convertible bonds of Peabody, Venezuela, investor says
Feb. 27 - John Lekas of Leader Capital says convertible bonds of oil companies help investors play the rise in commodity prices with the possibility of equity-like returns while hedging with fixed income......
Euro exit more pain than gain - Greek tourism minister
Feb. 27 - The cost of leaving the euro would far outweigh any boost to the country's tourist industry, says Greece's minister for tourism and culture, Pavlos Yeroulanos......
Breakingviews: Less austerity needed to help Europe grow
Breakingviews Hugo Dixon......
Breakingviews - HSBC results best of bad bunch
Breakingviews......
Nokia unveils cheaper Windows smartphone
Feb. 27 - Nokia CEO Stephen Elop on his strategy to target a wider market with cheaper smartphones using Microsoft software......
Reuters Today: G20 to Europe: show us the money
Feb. 27 - The leading global economies tell Europe to do more to tackle its debt crisis it if wants extra help from the rest of the world......
Reuters Today: G20 to Europe: show us the money
Feb. 27 - The leading global economies tell Europe to do more to tackle its debt crisis it if wants extra help from the rest of the world......
Zoellick: no hard landing for China, but reforms needed
Feb.27 - World Bank President Robert Zoellick says China's population will grow old before it gets wealthy, Beijing must proceed with reforms. Arnold Gay reports.....
One-child China goes SUV shopping
Feb. 27 - So what if you're only allowed one kid? Today's middle class Chinese driver isn't satisfied with just a regular compact car - they want something bigger. Jon Gordon reports from Beijing......
Gillard fights off leadership battle
Feb 27 - Australian Prime Minister Julia Gillard emerges the clear winner in a leadership showdown with Kevin Rudd. Paul Chapman reports......
Italian, Spanish reforms key to Europe's success: Zoellick
Feb. 27 - The health of Europe's economy will depend on whether the ECB supports structural and fiscal reforms made by Italy and Spain, says World Bank outgoing president Robert Zoellick......
China heading for "soft landing": World Bank President
Feb. 27 - Energy prices and Europe's ongoing credit crisis are two major risks to china's economy, says World Bank outgoing president Robert Zoellick......
U.S. Morning Call: Who will succeed the 'Oracle of Omaha'?
Feb. 27 - In an interview with CNBC Warren Buffett says the person chosen to replace him as CEO of Berkshire Hathaway doesn't know he has been selected......
S&P downgrades Greece: the full text
S&P has downgraded Greece to "SD", meaning it believed the country has undergone a selective default. Here are the rating agency's reasons for the move.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfbcecb.....
Thousands of staff share over 2million in bonuses at quangos AFTER they were scrapped
Thousands of staff shared millions of pounds in bonuses at regional development quangos after they were axed by the Coalition, The Daily Telegraph can disclose.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfb.....
Germany approves Greek bail-out but warns Angela Merkel against further help
German politicians approved the 130bn bail-out for Greece, as S&P downgrades Greece and claims that the debt-stricken country has undergone a selective default.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Debt crisis: as it happened - February 27, 2012
Germany's Parliament overwhelmingly endorses a second Greek bailout despite growing pressure from voters and the media, while Chancellor Angela Merkel admits there is no guarantee that it will work.<img width='1' height='1' src='http://telegraph.f.....
Market Report: Ophir firms as analysts fuel bid speculation
Ophir Energy was in demand as City analysts tipped the company to be the next independent oil explorer to receive a takeover offer from an oil major, possibly BP.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
HMRC stops Barclays using 'abusive' schemes to avoid paying 2bn tax
HMRC has stopped Barclays from using two 'highly-abusive' schemes that would have helped it avoid paying at least 2bn of tax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfba00e/mf.gif' border='0'/><br/.....
Debt crisis: live
Germany's Parliament overwhelmingly endorses a second Greek bailout despite growing pressure from voters and the media, while Chancellor Angela Merkel admits there is no guarantee that it will work.<img width='1' height='1' src='http://telegraph.f.....
HSBC is rolling in money - and so is its chief Stuart Gulliver
George Osborne laid it on thick over the weekend, declaring: "The British Government has run out of money."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfb3771/mf.gif' border='0'/>.....
Forget moving, Prudential chief Tidjane Thiam should consider a break-up
He's a right tease that Man from the Pru. Always threatening to quit Britain.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfb3772/mf.gif' border='0'/>.....
HMRC stops UK bank using 'abusive' schemes to avoid paying 2bn tax
A UK-based bank has been stopped from using two 'highly-abusive' schemes that would have helped it avoid paying at least 2bn of tax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfb5671/mf.gif' border='0'/>.....
HSBC chief executive Stuart Gulliver paid 8m as profits rise
HSBC has stoked the row over City bonuses as its chief executive, Stuart Gulliver, received a pay package for 2011 worth nearly 8m, while 64 UK-based staff of the bank earned more than 1m last year.<img width='1' height='1' src='http://telegraph.f.....
China risks 'middle income trap' without free market revolution
China's spectacular catch-up growth is nearing its limits, leaving the country prey to the "middle income trap" over coming years unless Beijing embraces the free market and relaxes its suffocating grip over the economy.<img width='1' height='1' s.....
China risks 'middle income trap' without free market revolution
China's spectacular catch-up growth is nearing its limits, leaving the country prey to the "middle income trap" over coming years unless Beijing embraces the free market and relaxes its suffocating grip over the economy.<img width='1' height='1' s.....
Facebook's app move makes mobile phones a priority
Facebook has mounted a major bid to position itself at the heart of the mobile ecosystem, posing a potential threat to Apple and Google and underscoring the importance of mobile to the company's growth plans.<img width='1' height='1' src='http://t.....
Hiscox chairman eyes retirement as profits fall 92pc
For a man who has spent nearly half a century helping businesses cope with the unpredictable things in life, Robert Hiscox, the chairman of the eponymous insurer, is looking forward to his retirement next year and the prospect of dying "on the horn o.....
BP close to $14bn settlement over Gulf of Mexico oil spill
BP is reported to be close to agreeing a $14bn (8.8bn) settlement with the thousands of businesses and individuals who are suing the UK oil group over the Gulf of Mexico oil spill.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Five tests that saved Britain from the fate of economic oblivion
The judgment of history is unlikely to be kind on Britain's former prime minister, Gordon Brown, yet amid the wreckage it is sometimes forgotten that some things he did in fact get right.<img width='1' height='1' src='http://telegraph.feedsportal......
Bunzl shares hit record high as company bags big profits
Bunzl shares raced to an all-time high after the distribution company posted a strong increase in profits and suggested the global economy was brightening.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfadd32/.....
Ophir firms as analysts fuel bid speculation
Ophir Energy was in demand as City analysts tipped the company to be the next independent oil explorer to receive a takeover offer from an oil major, possibly BP.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
Cookson profits leap 11.7pc
Cookson - the FTSE 250 industrial materials group - has unveiled an 11.7pc increase in full-year profits, sending its shares 3.5pc higher to 694p.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfa72c6/mf.gif' b.....
Aircraft engineer Senior sees profits jump 40pc
Booming business from Boeing and Airbus has given Senior, the aero-engineering group, a profits lift-off.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfa6ec5/mf.gif' border='0'/><br/><br/><a.....
Minister: Late payment legislation has failed
Legislation to tackle late payment "hasn't worked", small business minister Mark Prisk has admitted: small companies instead need to help Government publicly "challenge" poor payment practice to force companies into improving their behaviour.<img .....
New Olympus board members blasted by shareholders
Hopes that Olympus's troubles would lead it to make a clean break with the past were dashed as the scandal-hit Japanese company appointed a new board peopled with banking advisers, investors and other related parties.<img width='1' height='1' src=.....
Essar Energy shares tumble on $881m loss
Miserable plight of investors in Indian group continues as share fall 16.8pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cf9f598/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.....
O2 to launch mobile money transfer app to rival Barclays' Pingit
O2 is poised to launch a mobile money transfer app to rival Barclays' "Pingit", effectively opening the technology to all banks.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfa51fe/mf.gif' border='0'/><.....
New research reveals diverging expectations, a breakdown in trust and a ‘blame culture'.....
Marex Spectron outlines aggressive Asian push
Commodities broker backed by ex-Lehman Brothers bankers is ramping up while most rivals are scaling back.....
Volcker Rule forces banks out of buyout funds
Banks, under pressure from the US financial reforms of the Volcker Rule, are selling stakes in private equity funds at an unprecedented rate.....
Buyout firms invest in higher education
UK government's receptive stance on private investment in higher education could yield rewards.....
Ex-Citigroup bankers set up Tages in London
A former head of investment banking at Citigroup has gained FSA-authorisation for a new company managing funds of hedge funds, an industry whose assets have fallen 60% since 2007.....
Corporate borrowers still favour loans over bonds
Nearly three-quarters of European high-grade borrowing in the second half of last year was in loans, despite predictions of a shift to bond funding.....
Oil market braced for shake-up
Global regulatory group Iosco set to consult with oil industry on what could herald an upheaval in the way crude prices are set.....
Currency markets target their own fear index
FX options trading platform today starts publishing rates that pave the way for a first currency volatility index.....
RBS offloads wealth business to Santander
Spanish bank is taking a UK wealth advisory business alongside a deal to take 318 bank branches from RBS.....
Managers ride their own bull market
Shares of top-five UK-listed asset managers have risen nearly 20% so far this year, but analysts say they are still undervalued.....
HSBC annual profits reach 13.8bn
HSBC's annual profits rise 15%, boosted by its performance in Asia and other emerging markets in a year of "major progress"......
Prudential may shift HQ from UK
The Prudential, the UK's biggest insurer, is considering moving its headquarters overseas to escape new rules......
Arsenal profit from player sales
Premier League football club Arsenal reports a huge rise in half-year profits to 49.5m, following the sale of some key players......
German MPs approve Greek bailout
German MPs vote by 496 to 90 to back Greece's second EU/IMF bailout, though Chancellor Angela Merkel concedes it might not work......
Portugal to face bailout review
Portugal faces a review of its spending cuts and economic reforms as lenders consider granting the next slice of bailout funds......
Bank tax dodges halted by new law
A bank in the UK has been forced to pay half a billion pounds in tax which it had dodged by using "highly abusive" tax avoidance schemes......
GM may buy small stake in Peugeot
General Motors is close to buying a small stake in Peugeot Citroen as part of a strategic alliance between the carmakers, reports say......
EU warning on energy competition
The European Commission warns eight countries to increase energy competition or face legal action at the European Court of Justice (ECJ).....
UK firm's role in iPad name row
Court papers in a legal dispute over the iPad trademark follow an "extensive investigation", Proview tells the BBC......
G20 seeks eurozone bailout boost
Eurozone countries need to put more money in their rescue fund before G20 nations can help them, the G20 finance ministers say......
China 'needs free-market reforms'
China needs to embrace fundamental free-market reforms if its economy is to continue to grow at its current pace, says the World Bank......
Sharp profit jump for Bovis Homes
UK housebuilder Bovis Homes has reported a steep jump in profits for 2011 and says the average sales price rose to 180,100......
Rangers fined 50,000 over Whyte
Rangers are fined 50,000 for failing to disclose owner Craig Whyte had been previously disqualified as a director......
Essar shares slump on 2011 loss
Shares in India's Essar Energy have slumped almost 10% after the company reported an after-tax loss for 2011......
Elpida seeks bankruptcy shelter
Japanese chipmaker Elpida files for bankruptcy protection as it struggles to repay debts of 448bn yen......
Olympus names new board members
Embattled camera and medical equipment maker Olympus proposes a new board as it attempts to recover from a $1.7bn accounting scandal......
Pearson sees digital profits rise
Educational publisher and FT owner, Pearson reports a rise in profits thanks to improved digital sales and growth in emerging markets......
'Childcare cost rise risks jobs'
Some parents could be forced out of work and into poverty as the rising cost of childcare outstrips wage rises, says a report......
Gulf oil disaster trial delayed
The civil trial over the 2010 Deepwater Horizon oil rig disaster, which was due to start on Monday, is delayed to allow for further talks on a settlement......
Lower freight rates knock Maersk
Danish container shipping firm AP Moller-Maersk reports a sharp fall in profits for last year and warns 2012 will see profits slip further......
Eye firm to create 100 new jobs
The eye company, Optical Express, is to open 24 new clinics in the UK and create 100 customer care jobs in Scotland......
Hampshire land Rose Bowl sponsor
Hampshire announce a new naming rights deal for their Rose Bowl ground, which will now become known as the Ageas Bowl......
League defends club owner tests
The Football League defends its record on scrutinising club takeovers but admits its investigations are limited due to financial restraints......
VIDEO: Mobile giants unveil latest designs
Rory Cellan-Jones previews the World Mobile Congress in Barcelona and asks if there is any difference between the raft of new phones being announced......
VIDEO: Greek carnival highlights crisis
The financial crisis in Greece was the theme of the country's biggest carnival parade......
AUDIO: Prudential considering Asia move
The Asia Finance Correspondent for the Wall Street Journal told BBC Radio 5 live why Prudential could be tempted by Asia......
AUDIO: 74 farms report livestock disease
Seventy-four UK farms say the have been affected by the Schmallenberg virus 74 farms, which can cause ewes to give birth to dead or deformed lambs which often have to be shot......
AUDIO: Asia behind HSBC profits surge
Annual profits at HSBC have risen 15% to 14bn. About 90% of this was made outside the UK......
VIDEO: Greek cartoons stoke anti-German mood
In Berlin the Bundestag will vote on Monday on whether to endorse Greece's recent bailout package of 130bn euros (110bn; $170bn)......
VIDEO: Fairtrade 'making all the difference'
It has been nearly 20 years since the Fairtrade Foundation was set up with the aim of providing products that guarantee a better deal to the farmers in the developing world......
VIDEO: Doubts raised over Fairtrade farms
Monday marks the start of Fairtrade Week, but the scheme is not without its critics......
Wage rows threaten Indonesia's booming manufacturing
Could strikes dent Indonesia's growing manufacturing power?.....
UAE tries to tempt Chinese tourists
Spreading the word about holidays in the Gulf.....
The American bus revival
Are Americans overcoming their dislike of buses?.....
Hong Kong entrepreneur finds opportunity in citys darkest moment
Opportunity comes in unusual form for Hong Kong coffee chain.....
Families hide wealth to avoid care fees
Families hiding their wealth to avoid care home fees.....
Are Greeks the hardest workers in Europe?
Are Greeks the hardest workers in Europe?.....
Gujarat state in the fast lane of Indian economy
Gujarat state in the fast lane of Indian economy.....
U.S. Day Ahead: Fed to be grilled on housing white paper
Correspondent Pedro Da Costa says Fed Governor Elizabeth Duke is expected to face a critical crowd when she testifies on the housing sector before a Senate panel......
Trading at Noon: Wall St. bounces back, trades flat
Feb. 27 - U.S. stocks rebounded from near 1% losses after the open to turn flat in late morning trading......
BP trial delayed; Gulf still hurting
Feb. 27 - Settlement talks are on between BP and businesses hurt by the Gulf of Mexico oil spill after the trial is put on hold for a week, but business in the Gulf remains precarious. Bobbi Rebell reports......
German MPs approve second Greek bailout
Feb.27 - Germany's parliament has endorsed the second Greek bailout, despite domestic pressure on Chancellor Angela Merkel to stop funding Greece and other indebted euro zone economies. Joanna Partridge reports.....
G20 to EU: Do more!
Feb 27 - Markets are still concerned about the European debt crisis after a weekend meeting of G20 finance ministers and central bankers. The Group of 20 leading economies also expressed concerns about rising energy costs. Conway G. Gittens reports......
Breakingviews: Succession at Berkshire Hathaway
Feb 27 - Breakingviews columnists discuss why, in one way, Warren Buffett should take a lead from Rupert Murdoch......
Nokia's launches mobile phone fightback
Feb.27 - Finnish mobile giant Nokia has unveiled its new Windows-powered Lumia smartphones at the Mobile World Congress in Barcelona. Andrew Potter reports.....
Crisis at Japan's last PC chipmaker
Feb.27 - Japan's Elpida Memory says it has filed for protection from creditors with 5.55 billion dollars in debt, the biggest bankruptcy filing by a Japanese manufacturer. Ciara Sutton reports.....
Europe Day Ahead: Tuesday
Feb. 27 - Germany remains under pressure to agree an increase in euro zone bailout funds......
Morning Briefing: Buffett's optimism, iPhone smuggling
Feb. 27 - Warren Buffett tells CNBC he sees housing on the mend and doesn't think high oil prices will stop the recovery, and smugglers invent new ways to get iPhones into China......
Buy your own French village
Feb.27 - For those who want to buy their own village complete with buildings, tennis courts and a swimming pool - bids to buy Courbefy in western France started at just 300,000 euros, the price of a small apartment. Joanna Partridge reports.....
ECB Bond Buying Data
Feb. 27 - Morgan Stanley Head of European Interest Rate Strategy assesses the latest European Central Bank bond buying data......
Buy convertible bonds of Peabody, Venezuela, investor says
Feb. 27 - John Lekas of Leader Capital says convertible bonds of oil companies help investors play the rise in commodity prices with the possibility of equity-like returns while hedging with fixed income......
Euro exit more pain than gain - Greek tourism minister
Feb. 27 - The cost of leaving the euro would far outweigh any boost to the country's tourist industry, says Greece's minister for tourism and culture, Pavlos Yeroulanos......
Breakingviews: Less austerity needed to help Europe grow
Breakingviews Hugo Dixon......
Breakingviews - HSBC results best of bad bunch
Breakingviews......
Nokia unveils cheaper Windows smartphone
Feb. 27 - Nokia CEO Stephen Elop on his strategy to target a wider market with cheaper smartphones using Microsoft software......
Reuters Today: G20 to Europe: show us the money
Feb. 27 - The leading global economies tell Europe to do more to tackle its debt crisis it if wants extra help from the rest of the world......
Reuters Today: G20 to Europe: show us the money
Feb. 27 - The leading global economies tell Europe to do more to tackle its debt crisis it if wants extra help from the rest of the world......
Zoellick: no hard landing for China, but reforms needed
Feb.27 - World Bank President Robert Zoellick says China's population will grow old before it gets wealthy, Beijing must proceed with reforms. Arnold Gay reports.....
One-child China goes SUV shopping
Feb. 27 - So what if you're only allowed one kid? Today's middle class Chinese driver isn't satisfied with just a regular compact car - they want something bigger. Jon Gordon reports from Beijing......
Gillard fights off leadership battle
Feb 27 - Australian Prime Minister Julia Gillard emerges the clear winner in a leadership showdown with Kevin Rudd. Paul Chapman reports......
Italian, Spanish reforms key to Europe's success: Zoellick
Feb. 27 - The health of Europe's economy will depend on whether the ECB supports structural and fiscal reforms made by Italy and Spain, says World Bank outgoing president Robert Zoellick......
China heading for "soft landing": World Bank President
Feb. 27 - Energy prices and Europe's ongoing credit crisis are two major risks to china's economy, says World Bank outgoing president Robert Zoellick......
U.S. Morning Call: Who will succeed the 'Oracle of Omaha'?
Feb. 27 - In an interview with CNBC Warren Buffett says the person chosen to replace him as CEO of Berkshire Hathaway doesn't know he has been selected......
S&P downgrades Greece: the full text
S&P has downgraded Greece to "SD", meaning it believed the country has undergone a selective default. Here are the rating agency's reasons for the move.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfbcecb.....
Thousands of staff share over 2million in bonuses at quangos AFTER they were scrapped
Thousands of staff shared millions of pounds in bonuses at regional development quangos after they were axed by the Coalition, The Daily Telegraph can disclose.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfb.....
Germany approves Greek bail-out but warns Angela Merkel against further help
German politicians approved the 130bn bail-out for Greece, as S&P downgrades Greece and claims that the debt-stricken country has undergone a selective default.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Debt crisis: as it happened - February 27, 2012
Germany's Parliament overwhelmingly endorses a second Greek bailout despite growing pressure from voters and the media, while Chancellor Angela Merkel admits there is no guarantee that it will work.<img width='1' height='1' src='http://telegraph.f.....
Market Report: Ophir firms as analysts fuel bid speculation
Ophir Energy was in demand as City analysts tipped the company to be the next independent oil explorer to receive a takeover offer from an oil major, possibly BP.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
HMRC stops Barclays using 'abusive' schemes to avoid paying 2bn tax
HMRC has stopped Barclays from using two 'highly-abusive' schemes that would have helped it avoid paying at least 2bn of tax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfba00e/mf.gif' border='0'/><br/.....
Debt crisis: live
Germany's Parliament overwhelmingly endorses a second Greek bailout despite growing pressure from voters and the media, while Chancellor Angela Merkel admits there is no guarantee that it will work.<img width='1' height='1' src='http://telegraph.f.....
HSBC is rolling in money - and so is its chief Stuart Gulliver
George Osborne laid it on thick over the weekend, declaring: "The British Government has run out of money."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfb3771/mf.gif' border='0'/>.....
Forget moving, Prudential chief Tidjane Thiam should consider a break-up
He's a right tease that Man from the Pru. Always threatening to quit Britain.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfb3772/mf.gif' border='0'/>.....
HMRC stops UK bank using 'abusive' schemes to avoid paying 2bn tax
A UK-based bank has been stopped from using two 'highly-abusive' schemes that would have helped it avoid paying at least 2bn of tax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfb5671/mf.gif' border='0'/>.....
HSBC chief executive Stuart Gulliver paid 8m as profits rise
HSBC has stoked the row over City bonuses as its chief executive, Stuart Gulliver, received a pay package for 2011 worth nearly 8m, while 64 UK-based staff of the bank earned more than 1m last year.<img width='1' height='1' src='http://telegraph.f.....
China risks 'middle income trap' without free market revolution
China's spectacular catch-up growth is nearing its limits, leaving the country prey to the "middle income trap" over coming years unless Beijing embraces the free market and relaxes its suffocating grip over the economy.<img width='1' height='1' s.....
China risks 'middle income trap' without free market revolution
China's spectacular catch-up growth is nearing its limits, leaving the country prey to the "middle income trap" over coming years unless Beijing embraces the free market and relaxes its suffocating grip over the economy.<img width='1' height='1' s.....
Facebook's app move makes mobile phones a priority
Facebook has mounted a major bid to position itself at the heart of the mobile ecosystem, posing a potential threat to Apple and Google and underscoring the importance of mobile to the company's growth plans.<img width='1' height='1' src='http://t.....
Hiscox chairman eyes retirement as profits fall 92pc
For a man who has spent nearly half a century helping businesses cope with the unpredictable things in life, Robert Hiscox, the chairman of the eponymous insurer, is looking forward to his retirement next year and the prospect of dying "on the horn o.....
BP close to $14bn settlement over Gulf of Mexico oil spill
BP is reported to be close to agreeing a $14bn (8.8bn) settlement with the thousands of businesses and individuals who are suing the UK oil group over the Gulf of Mexico oil spill.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Five tests that saved Britain from the fate of economic oblivion
The judgment of history is unlikely to be kind on Britain's former prime minister, Gordon Brown, yet amid the wreckage it is sometimes forgotten that some things he did in fact get right.<img width='1' height='1' src='http://telegraph.feedsportal......
Bunzl shares hit record high as company bags big profits
Bunzl shares raced to an all-time high after the distribution company posted a strong increase in profits and suggested the global economy was brightening.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfadd32/.....
Ophir firms as analysts fuel bid speculation
Ophir Energy was in demand as City analysts tipped the company to be the next independent oil explorer to receive a takeover offer from an oil major, possibly BP.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
Cookson profits leap 11.7pc
Cookson - the FTSE 250 industrial materials group - has unveiled an 11.7pc increase in full-year profits, sending its shares 3.5pc higher to 694p.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfa72c6/mf.gif' b.....
Aircraft engineer Senior sees profits jump 40pc
Booming business from Boeing and Airbus has given Senior, the aero-engineering group, a profits lift-off.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfa6ec5/mf.gif' border='0'/><br/><br/><a.....
Minister: Late payment legislation has failed
Legislation to tackle late payment "hasn't worked", small business minister Mark Prisk has admitted: small companies instead need to help Government publicly "challenge" poor payment practice to force companies into improving their behaviour.<img .....
New Olympus board members blasted by shareholders
Hopes that Olympus's troubles would lead it to make a clean break with the past were dashed as the scandal-hit Japanese company appointed a new board peopled with banking advisers, investors and other related parties.<img width='1' height='1' src=.....
Essar Energy shares tumble on $881m loss
Miserable plight of investors in Indian group continues as share fall 16.8pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cf9f598/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.....
O2 to launch mobile money transfer app to rival Barclays' Pingit
O2 is poised to launch a mobile money transfer app to rival Barclays' "Pingit", effectively opening the technology to all banks.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1cfa51fe/mf.gif' border='0'/><.....
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