RBS bank's loss doubles in 2011
Royal Bank of Scotland reports a loss of 2bn in 2011, its fourth year of losses since the bank's bailout in 2008......
AIG profit boosted by tax benefit
US insurance giant AIG reports a big increase in fourth-quarter profit, thanks to a $17.7bn (11.2bn) tax benefit......
British Gas owner profits up 1%
Centrica, the owner of British Gas, says profits stayed flat due to the effect of a slump in demand in the UK......
EU sees 'mild' eurozone recession
The European Commission predicts that the eurozone economy will contract by 0.3% in 2012, having previously forecast 0.5% growth......
Stelios loses Easyjet vote on pay
Easyjet founder Sir Stelios Haji-Ioannou loses his battle over directors pay at the firm's annual meeting, but the airline will review executive pay......
Billions in benefits go unclaimed
Benefits worth billions of pounds - ranging from pension credit to jobseeker's allowance - go unclaimed each year, new figures show......
Greek MPs approve debt swap deal
The Greek parliament passes a law that allows a debt write-down with private creditors - a key plank of its EU/IMF bailout agreement......
Reuben Bros buy London Heliport
Billionaire brothers David and Simon Reuben buy the London Heliport in Battersea for an undisclosed sum......
Stamp duty change prompts pick-up
The number of mortgage approvals for house purchases hit a two-year high in January ahead of the withdrawal of a stamp duty concession......
Apple wins iPad dispute in China
Apple can for now continue to sell the iPad tablet in Shanghai after a court ruling over naming rights is suspended on Thursday......
Gers' tax bill 'greater than 9m'
Rangers' tax bill is much greater than the 9m that forced the club into administration, BBC Scotland understands......
PM's 'family champion' steps down
Entrepreneur Emma Harrison steps down as the government's "family champion" amid a police probe into irregularities at her company A4e......
Credit Agricole has 3bn-euro loss
Credit Agricole reports a large loss for the three months to the end of December due to its exposure to Greek debt......
Limited moves on EU flying charge
Countries opposed to the EU climate levy on aviation agree a limited package of countermeasures, but no immediate legal action......
German business 'more confident'
German business confidence rises for the fourth month in a row in February, to a seven month high, according to the Ifo Institute......
Deutsche Telekom hurt by crisis
Deutsche Telekom reports a loss due to a drop in demand in Europe, including Greece, because of the eurozone debt crisis......
Attacks on business snobbish - PM
David Cameron says attacks on wealth creators are motivated by "snobbery", as Labour accuses him of "inconsistent" messages on the subject......
Council staff pay freeze extended
More than a million council workers will see their pay frozen for a third year, the Local Government Association confirms......
New targets for tax inspectors
Tax inspectors will target the motor trade, market stallholders and clothing sellers as they extend their campaign against tax dodgers......
PPI payments 'hit 1.9bn in 2011'
Banks paid out 1.9bn in compensation in 2011 for the mis-selling of payment protection insurance, a watchdog says......
CBI seeking 'targeted' tax cuts
The CBI calls on the government to give a 500m boost to business in the Budget through a series of "targeted and modest" tax cuts......
Obama seeks US corporate tax cut
US President Barack Obama proposes a cut in corporate tax and an end to tax loopholes, as part of his election-year strategy on the economy......
UK business confidence 'growing'
The number of UK businesses planning to increase their spending on marketing has risen sharply from last year, a survey suggests......
Yorkshire profits up 12% in 2011
The Yorkshire Building Society, the nation's second-biggest building, announces a 12% increase in profits to 129.7m in 2011.....
Comet merger threatens more jobs
More than 300 jobs are under threat at Comet's call centre in Hull, the electrical company announces......
HP sales fall short of forecasts
Computer firm Hewlett-Packard sees a drop in first-quarter sales, as it attempts to turn itself around under new chief executive Meg Whitman......
Pompey 'struggling to end season'
Portsmouth administrator Trevor Birch admits the club may not have enough money to see out the season......
Bahrain GP definite - Ecclestone
Formula 1 boss Bernie Ecclestone says he is "100% sure" that the Bahrain Grand Prix will go ahead this year......
Lin in 'Linsanity' trademark bid
New York Knicks basketball player Jeremy Lin files to trademark the term "linsanity", used to characterise his rapid rise to NBA stardom......
VIDEO: RBS bank posts 2bn loss for 2011
The Royal Bank of Scotland has reported its fourth year of losses since the bank's bailout in 2008......
AUDIO: Hidden costs of booking a holiday
Which? magazine suggests travel customers are being opted-in for extras, raising the cost of their holiday......
AUDIO: Alex's 25 years of City satire
Telegraph cartoon character Alex Masterley reflects on 25 years in the City......
VIDEO: Commerzbank profits up
Commerzbank profits are up, but the bank is blaming the eurozone debt crisis for some losses.....
VIDEO: 'I don't believe in paying for failure'
Royal Bank of Scotland has reported pre-tax losses of 766m - almost double the previous year's figure......
VIDEO: Centrica is 'a safe bet'
Centrica, the owner of British Gas, has reported flat annual profits due to the effect of a slump in demand in the UK......
AUDIO: Hester 'doing a good job' at RBS
James Barty, senior financial consultant at Policy Exchange, and Michael Fallon, Conservative MP on the Treasury Select Committee, discuss what the latest figures of lossRBS say about the future of the bank.....
VIDEO: PPI claim 'a lot of hard work'
The Financial Services Authority has revealed that compensation to borrowers who were mis-sold Payment Protection Insurance reached nearly 2bn last year......
What can rap lyrics teach us about business?
What can business learn from rap artists?.....
Journey around the public sector
Public sector casualty seeks private sector job.....
Regulation key to save fish stocks
Regulation key to save global fish stocks.....
Small firms: How to expand
Your latest start-up questions answered by our panel of experts.....
The tax credit system changes from April 2012
How the tax credit system will change from April.....
Would a Peugeot GM alliance make sense?
Would a Peugeot-GM alliance make sense?.....
US turns up heat on China solar subsidies
China and US in spat over solar subsidies.....
U.S. Day Ahead: U.S. new home sales seen improving
/University of Michigan index of consumer sentiment also gained some traction in its final reading......
Few holiday battle scars at Target
Feb. 23 - Discount retailer Target beat fourth-quarter forecasts despite a bruising holiday shopping season, and like many retailers it faces an uncertain time as an improving jobs market may be offset by rising gasoline prices. Conway G. Gittens rep.....
Morning Briefing: Jobs picture improves, Apple victory
Feb. 23 - U.S. weekly jobless claims clocked in better than expected at 351,000, and a Shanghai court rules that Apple can still sell iPads in the Chinese city......
Breakingviews: Cordray Index
Feb 23 - Breakingviews editors take a measure the CFPB's impact on shadowy banking with the new Breakingviews Cordray Index......
Trading at Noon: U.S. stocks up, S&P breaks through 1360
Feb. 23 - U.S. stocks are moving higher with the S&P 500 index flirting with the critical 1360 level......
Euro zone in 'mild' recession
Feb.23 - The European Commission releases its 2012 economic forecasts, foreseeing mild recession in the 17-member euro zone and stagnation in the wider European Union. Ciara Sutton reports.....
European Close: A Look at EMEA Markets and Ahead to Tomorrow
Feb. 23 - A look to the close of the EMEA markets and a look ahead to the next day's trading, as well as what to expect from the Asian markets overnight......
U.S. Morning Call: SEC may fine high frequency traders
Feb. 23 - The WSJ says SEC chair Mary Schapiro may fine high-frequency traders in order to curb the huge influence they have on stock trading......
Michael Jordan's legal shot in China
Feb.23 - U.S. basketball legend Michael Jordan has filed a lawsuit in China against Chinese sportswear manufacturer "Qiaodan", accusing the firm of unauthorised use of his Chinese name. Ciara Sutton reports.....
Commerzbank Q4 hit by Greek writedown
Feb. 23 - Germany's second biggest lender takes a 700 mln euro hit on Greek sovereign debt and warns euro zone jitters still threaten earnings......
Jim Rogers: U.S. Presidential favorites clueless on economy
Feb. 23 - Jim Rogers predicts Obama will win the U.S. election but argues that none of the leading candidates have any idea how to get the economy back on track......
Breakingviews - RBS pulls off bonus balancing act
Breakingviews......
Jim Rogers "nibbling" at Chinese Stocks
Feb. 23 - Jim Rogers is a recent buyer of Chinese stocks but is disappointed that the government is beginning to loosen policy......
Reuters Today: Greek losses send Europe's banks reeling
Feb. 23 - Credit Agricole, Commerzbank, Dexia and RBS hit by losses sustained on holdings of Greek sovereign debt......
Lone pines symbolise Japan hopes
Feb 23 - Pine trees which survived the quake and tsunami that ravaged northern Japan last March become symbols of hope and resilience. Chris Meyers reports......
Somalia PM - Al Shabaab days are numbered
Feb. 23 - After 20 years of anarchy, lawlessness and violence, the Prime Minister of Somalia says Al Shabaab is losing ground and the country can achieve peace and stability by August......
Elusive turnaround at HP
Feb 22 - Summary of business headlines: Hewlett-Packard has yet to staunch the bleeding as computer and printer sales to consumers fall; Toll Brothers posts surprise loss; Existing home sales hit 1-1/2 year high; White House wants to cut corporate ta.....
Market Pulse: Europe's banks bleed red ink
Feb. 23 - Writedowns of Greek sovereign debt drive a slew of losses among many of Europe's leading banks......
Tricky prognosis for PlayStation Vita
Feb 22 - Strong reviews may only go so far for Sony's PlayStation Vita mobile gaming handset, which will have to compete for attention for consumers already used to playing games on smart phones and tablets. Bobbi Rebell reports from New York......
Small businesses preparing for future growth: Cullen/Frost
Feb. 22 - Dick Evans, CEO of regional bank Cullen/Frost, says increasing loan commitments at small businesses suggest they are preparing for future growth in their businesses......
U.S. Day Ahead: Obama to address economy, gas prices
Feb. 22 - U.S. President Barack Obama will address the economy on Thursday, focusing energy and rising gas prices in a speech in Florida......
PlayStation Vita puts power in hands of gamers
Feb 22 - Sony believes the PS Vita has the potential to transform the mobile gaming market, but with many consumers already playing games on their mobiles and tablets there are questions over the future of dedicated portable gaming devices. Matt Cowa.....
Housing optimism springs to life
Feb 22 - Sales of previously owned U.S. homes jumped to a 1-1/2 year high in January in a promising sign a turnaround is starting to take hold. Conway G. Gittens reports......
Trading at Noon: Wall St flat; S&P near key level
Feb. 22 - U.S. stocks were little changed as an encouraging U.S. housing report offset soft euro zone data, while the S&P 500 struggled to break through a high not seen since last May......
Breakingviews: Ally's $26 bln crossroads
Feb. 22 - Breakingviews columnists discuss the IPO and sale prospects for the former GM lending arm......
German showdown with IMF looms as Bundestag blocks rescue funds
Germany's ruling parties are to introduce a resolution in parliament blocking any further boost to the EU's bail-out machinery, vastly complicating Greece's rescue package and risking a major clash with the IMF.<img width='1' height='1' src='http:.....
OFT chief John Fingleton quits
John Fingleton to step down after seven years in charge of the regulator.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce37a00/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....
Apple 'has more money than it needs', says chief Tim Cook
Apple has fuelled expectations it will begin a major acquisition spree, after telling investors it has more cash than it knows what to do with.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce31e20/mf.gif' bord.....
Stephen Hester's RBS is emerging from the rabbit hole in better shape
Dismantling the world's largest bank is not easy - even in 'Wonderland'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce3976f/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/.....
Debt crisis: as it happened - February 23, 2012
The President of the ECB warns that the eurozone is recovering "very slowly", while the EC cuts its 2012 growth forecasts and the Greek Parliament approves debt legislation to help push through a 107bn debt writedown.<img width='1' height='1' src=.....
Informa profits slump after US President Barack Obama cancels consultancy contracts
Publishing and events giant Informa grew its margins to record levels last year, but saw pre-tax profits tumble by nearly a third after President Barack Obama pulled the plug on outsourced consultancy contracts.<img width='1' height='1' src='http:.....
Weak growth is the 'new normal', Andrew Sentance warns
Britain better get used to weak growth and a bumpy recovery as that is the best the economy can expect over the next four to five years, a former Bank of England rate-setter has warned.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Debt crisis: live
The President of the ECB warns that the eurozone is recovering "very slowly", while the EC cuts its 2012 growth forecasts and the Greek Parliament approves debt legislation to help push through a 107bn debt writedown.<img width='1' height='1' src=.....
Let the public switch on to Centrica rather than complain about profits
The money that Centrica makes in the UK from its British Gas business is significant at 522m, or 1.4m a day.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce317c0/mf.gif' border='0'/>.....
EasyJet considers legal action against Sir Stelios
EasyJet has warned it will consider taking legal action against Sir Stelios Haji-Ioannou for "potential defamation", following a bitter war of words with the airline's founder and largest shareholder.<img width='1' height='1' src='http://telegraph.....
RBS 'deliberately' doubled losses to 2bn in 'Alice in Wonderland' accounting
Royal Bank of Scotland 'deliberately' doubled its loss for last year to 2bn in what Stephen Hester, the taxpayer-backed lender's chief executive, admitted was a sign of 'Alice in Wonderland' accounting.<img width='1' height='1' src='http://telegra.....
BP liable for civil fines over Gulf of Mexico oil spill, US judge rules
BP is liable for potentially billions of dollars of civil fines over the Gulf of Mexico oil spill, a US judge has ruled.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce2cb81/mf.gif' border='0'/><br/>&.....
Genel boss Tony Hayward rules out Gulf Keystone bid
Genel, the oil company headed by former BP chief executive Tony Hayward, will not bid for Gulf Keystone or Norwegian group DNO International.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce2cb82/mf.gif' border.....
SEC defends settling fraud cases with Wall Street banks
The head of America's financial regulator has defended its practice of settling fraud cases with Wall Street banks in which the latter are not required to admit any wrongdoing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Direct Line bankers meet with investors ahead of stock market flotation
Bankers advising on Direct Line Group's stock market flotation have kick-started a series of meetings with prospective investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce2b9fb/mf.gif' border='0'/><.....
Capita shares lifted by Coalition cuts
Capita shares jumped more than 4pc on Thursday after the government contracts it has spent the past 18 months talking about finally showed up on its balance sheet, driving a return to organic growth.<img width='1' height='1' src='http://telegraph......
Credit Agricole reports record loss of 3.1bn
Credit Agricole reported a record quarterly loss of 3.1bn (2.6bn) in the final three months of last year as the French lender was hit by the costs of writing down its holding of Greek debt and cutting the size of its balance sheet.<img width='1' h.....
Tesco eyes Korean expansion with Hi-Mart
Tesco is tuning in to the 573m auction of a controlling stake in South Korean electronics retailer Hi-Mart, industry sources have said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce2c1f3/mf.gif' border='0'/&.....
Go-Ahead boosted by rail growth but bus costs hit profits
Transport operator Go-Ahead has hailed strong growth in its rail division despite a 12.9pc fall in first-half profit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce2c1f4/mf.gif' border='0'/><br/><.....
Fenner on belting form amid takeover hopes
Industrial conveyor belts might not be expected to get traders' hearts racing, but Fenner sped ahead after analysts tipped the engineer as a potential takeover target.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
British American Tobacco profits jump on Asian growth and blasts regulation
British American Tobacco has defied economic uncertainty, a shrinking market and what it called "ill-considered regulation of our industry" to post a 3pc increase in revenue to 15.4bn and pre-tax profits up 12.4pc at 4.9bn.<img width='1' height='1.....
Capital Shopping Centres boosted by restaurants
Surging demand from restaurants to open in shopping centres is helping landlords to grow rents despite retailers struggling because of the challenging economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce23.....
If we want the UK to grow, we should take lessons from Germany
In 2008 in the Telegraph, Margaret Thatcher's former foreign affairs adviser, (now Lord) Charles Powell, recounted how German Chancellor Helmut Kohl sought to win the friendship of the Iron Lady in the 1980s when the two were in power.<img width='.....
Why Greece should default and exit the euro
European and Greek leaders have heralded their 130bn bail-out agreement as a momentous victory. Two days later, few others seem to think so.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce1f177/mf.gif' border=.....
Former Greggs chief attacks executive pay
The former chief executive of bakery Greggs has attacked the culture of "excessive" boardroom pay in the UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ce18cc2/mf.gif' border='0'/>.....
