Bank of England now steered by a new Compass
Sir Mervyn King has quietly ditched the economic forecasting model he brought in when appointed governor.....
Venture deals fail to emerge from slump despite great opportunities
European activity has failed to recover from the near 12-year lows of 2011.....
FSA prepares crackdown on market abuse
Regulator will begin spot checks of firms' reporting systems to review compliance with the rules.....
Former RBS staff are finding jobs market tough
Only one in nine former Royal Bank of Scotland staff hunting employment over the past three months have found themselves new jobs.....
Concerns raised over ETF index blind spot
Industry participants warn UK regulator's report may not have scrutinised the sector enough.....
Fund managers launch recruitment offensive
Institutional sales and marketing hiring aims to claw back crisis losses.....
Goldman keeps on giving
UK arm of the Wall Street bank's charitable foundation hiked donations by 137.5% in the year to last June.....
AlpInvest London chief quits in Carlyle shake-up
Europe's biggest private equity investor closes London office after Carlyle deal.....
Trading firms in uproar over Nasdaq OMXs clearing U-turn
Exchange group under fire after delaying planned reforms to its Nordic markets.....
Microsoft invests in Nook e-books
Microsoft invests $300m in Barnes and Noble's digital business, providing a boost to the Nook e-book reader......
'Downturn' prompts bank job cuts
The Clydesdale and Yorkshire banks will cut 1,400 jobs by 2015 due to the worsening outlook for the UK economy, the banks' owner announces......
Stamp price rises come into force
A rise in the cost of stamps - taking the cost of first-class to 60p - has come into force after weeks of stockpiling by some consumers......
Global labour market 'alarming'
The International Labour Organization warns that the global employment situation is "alarming" and says austerity measures are hurting job creation......
Euro chair backs investment call
The eurozone's finance chair backs calls by French presidential candidate Francois Hollande for a bigger European Investment Bank......
'Irregularities' found by Adidas
Sportswear giant Adidas says that "commercial irregularities" at its Reebok unit in India could cost the firm up to 125m euros ($165m, 101m)......
Union 'lacks NHS strike mandate'
Unison says there is "no mandate for further industrial action" against government reforms of NHS pensions after a low turnout in a members' ballot......
US spending rises 0.3% in March
US consumer data shows that spending rose 0.3% and personal income increased 0.4% during March - another sign of recovery for the US economy......
UK ISPs must block The Pirate Bay
Five major UK internet service providers are ordered by the High Court to prevent users from accessing popular file-sharing site The Pirate Bay......
Investors force Aviva pay review
Insurance giant Aviva announces it will look again at how much it pays new senior executives after concerns expressed by shareholders......
Spanish economy back in recession
Spain is back in recession after the economy contracted by 0.3% in the first quarter, official figures show......
Terra Firma buys care home firm
Terra Firma, the private equity group chaired by Guy Hands, has agreed a 825m debt and equity deal for care home company Four Seasons Health Care......
Mis-selling victims to get 100m
Thousands of investors who were mis-sold investment funds called Arch Cru may receive more of their money back as the regulator proposes a 100m compensation scheme......
Campaign to speed up 4G roll-out
Mobile firm Everything Everywhere has launched a campaign to pressure politicians to deliver the rollout of 4G services......
Honda's 500 new staff begin work
Japanese car manufacturer Honda welcomes 500 new members of staff starting work at its Swindon plant......
Google staff 'knew of snooping'
A Google employee told colleagues, including a senior manager, about plans to collect personal data from people's home wi-fi, a report says......
Hong Kong confirms LME interest
The owner of the Hong Kong Stock Exchange confirms it is talking to the London Metal Exchange about a possible deal......
Rate of pub closures is slowing
Consumer group the Campaign For Real Ale wants more to be done as 12 pubs shut down across Great Britain every week......
High pay 'revolt' web tool debuts
A new online tool is launched that lets individuals complain over high executive pay.....
Greater cover for holidaymakers
Expanded protection that automatically covers UK holidaymakers if an operator collapses has come into force......
Civil service pension mutualised
The running of the civil service pension scheme becomes the government's first mutualised Whitehall service, which the biggest employees union condemns as privatisation......
NYSE Euronext profits slump 32%
NYSE Euronext says first-quarter profits fell 32% to $121m (74.4m) as trading activity fell and it took a charge relating to the failed merger with Deutsche Boerse......
Revised Blue Knights bid for Gers
Paul Murray's Blue Knights consortium submit a revised offer for Rangers, with help from Brian Kennedy......
Deadline extended for Goals bid
East Kilbride firm Goals Soccer Centres wins more time to allow a takeover bid from a Canadian pension fund......
VIDEO: New rules to protect holidaymakers
The financial protection scheme ATOL will now cover many travellers who book flights, accommodation and car hire separately......
VIDEO: 'UK loves data': CEO's case for 4G
Olaf Swantee, CEO of Everything Everywhere, explains why he thinks the UK needs to speed up the rollout of 4G......
VIDEO: 'Money-saving' tablet plan for MPs
Three MPs were challenged to the Temple Run game on an iPad as a Commons committee suggested giving every MP a tablet computer to save money and printing paper......
VIDEO: Post customers on stamp price rise
A rise in the price of postage stamps has come into force after weeks of stockpiling by some consumers......
VIDEO: Spain dips back into recession
There have been demonstrations in Spain as new figures show the country has dipped back into recession......
VIDEO: Hundreds test Berlin's new airport
Berlin Brandenburg Airport is set to open on June 3 but before the first flight takes off everything must be ready on the ground to ensure the passengers have a smooth journey through the terminal......
VIDEO: Alarm over world unemployment levels
The International Labour Organisation says the number of people out of work is at alarming levels and, few new jobs are being created......
Rich and poor share sport fishing passion
Ultimate fighting fish brings riches to some.....
Australia faces the end of Big Dry
Australia's drought at official end after nine parched years.....
Is Mr Potato Head to blame for 'pester power' ads?
Did he unleash the era of children's pester power?.....
The culture of selling service
Putting Cameroon's doughnuts and beans on the world map.....
Economy 2012: IP CEO says manufacturing sees signs of life
April 30: International Paper's CEO John Faraci says the U.S. economy is resilient despite signs of Western Europe heading for a recession......
U.S. Day Ahead: Chesapeake results a key credibility check
April 30 - Chesapeake Energy could comment on a scandal engulfing its CEO Aubrey McClendon over compensation when it reports after the close......
Reading into Microsoft's Nook deal
Apr 30 - Microsoft is taking a stake in Barnes and Noble's Nook e-reader, opening up a new chapter in the four-way fight for dominance between tech titans Microsoft, Google, Amazon, and Apple. Bobbi Rebell reports......
Buyouts' David Toll on the legacy of Teddy Forstmann
Apr. 30 - Teddy Forstmann made a name for himself as a leveraged buyout king in the 1980s and 90s. Buyouts' editor-in-charge David Toll looks at the deals that shaped his career......
Art Auctions 2012: scream or yawn?
April 30 - Edvard Munch's "The Scream" is at much of the chatter this spring art auction season. Sotheby's and Christie's are hoping for a better sale of impressionist and modern art after last year's results were at the low-end to slightly below pre.....
Australian billionaire plans new Titanic
April 30 - Mining and tourism magnate, Clive Palmer, launches venture to build a 21st Century Titanic, and his political career. Joanne Nicholson reports......
Trading at Noon: Clash of the tech titans begins
April 30 - Microsoft forms an alliance with Barnes & Noble giving it a footing in the e-book market......
Greeks swap factory for farming
April 30 - Greece's economic crisis is in its fifth year, unemployment is at a record level of 22 percent and many Greeks are swapping the city for the countryside as they look to become self-sufficient. Joanna Partridge reports......
Breakingviews: Barnes & Noble's big brother
April 30 - Richard Beales and Breakingviews columnists discuss how Microsoft's investment in Barnes & Nobles digital business could be the start of a new chapter......
Europe Day Ahead
April 30 - Spain's economy seen shrinking for two years; UK manufacturing forecast to falter; but Xstrata is watched for positive earnings ahead of its planned merger with Glencore......
3XSQ: Microsoft teams up with Barnes & Noble
April 30 - Microsoft is investing $300 million for a 17.6 percent stake in a new subsidiary of Barnes & Noble......
Euro Crisis Watch: Spain in recession as austerity bites
April 30 - Spain sinks into recession and economists say tough spending cuts mean it could be next year before growth bounces back......
U.S. Morning Call: San Fran Fed head see no need for action
April 30 - San Francisco Fed President John Williams tells a Germany daily he sees no need for further monetary measures......
London prepares for French tax exiles
April 30 - Some of London's plushest neighborhoods are attracting interest from France's super-rich. They're concerned about the prospect of a 75 percent top rate of tax which presidential front-runner Francois Hollande intends to introduce if he win.....
Austerity Spain back in recession
April 30 - Spending cuts and unemployment leave little hope of returning to growth as Spain falls into recession again and many of the country's banks are downgraded by ratings agency, S&P. Joanne Nicholson reports......
Market Pulse: Dollar sinks to three-week lows
April 30 - The dollar index tumbles below its 100-day moving average, triggering losses for the greenback against major currencie.....
Breakingviews: Does Europe need a banking union?
Breakingviews editor Hugo Dixon looks at how to break the links between Europe's weaker economies and their troubled banks......
Breakingviews: Aviva's different shareholder spring
April 30 - The UK insurer is the latest company to review executive pay in response to investor pressure. Robert Cole argues this is as much about long-term underperformance as short term pay excess......
Chen: A spoiler for U.S.- China dialogue?
April 30 - The daring escape of Chinese human rights lawyer Chen threatens to overshadow high level talks between the U.S. and China in Beijing this week......
Reuters Today: Blind activist row clouds U.S./China talks
April 30 - The dramatic escape of a blind Chinese activist under house arrest in Beijing and now seeking U.S. protection, is threatening to derail high-level talks which should focus on trade and global hotspots.....
Royal shoe maker's recruiting crisis
April 30 - A luxury UK shoe maker, which makes footwear for the British royal family, is finding it hard to recruit suitable workers despite high unemployment in the country and the prospect of a career in a highly successful industry. Ciara Sutton r.....
Hollande has the numbers as Sarkozy presidential showdown appoaches.
April 29 - France's presidential election enters final week with Socialist candidate Hollande firmly ahead as President Sarkozy fights for second term. Deborah Lutterbeck reports.....
Tension crests in the South China Sea
April 30 - A high seas spat between Beijing and Manila over a disputed rocky shoal in the South China Sea continues, punctuated by newly vigorous U.S./Philippines security cooperation. Rough Cut (no reporter narration)......
Wealth Strategies: New ETFs give specialized market exposure
Apr. 30 - Debbie Fuhr of ETF Global Insight says that the latest ETF launches are designed to give exposure to specific sectors across asset classes, rather than exposure to broad markets and indexes......
Care homes sound a more tuneful venture for Guy Hands after EMI debacle
Listen to that frightful dirge, scaring the residents. It's only Guy Hands, with his job lot of Coldplay from EMI.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee194e2/mf.gif' border='0'/><br/><br/.....
Google shareholder Brockton sues board in bid to halt stock split
Google and its board have been sued by a shareholder who wants to block the company's stock split plan because it entrenches the web search giant's co-founders Larry Page and Sergey Brin, according to court documents.<img width='1' height='1' src=.....
Lloyds and RBS could see profits slashed as Moody's plans downgrades
Britain's taxpayer-backed lenders, Lloyds and Royal Bank of Scotland, could see their profits slashed following a downgrade of their credit ratings.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee12573/mf.gif'.....
Even Chancellor George Osborne would shy from eurozone austerity
David Cameron has described the euro crisis as not yet even halfway through, a statement that may variously be regarded as either far too optimistic or, as the shadow chancellor Ed Balls sees it, a desperate attempt to blame the eurozone for Britain'.....
Debt crisis: as it happened, April 30, 2012
Germany maintains hardline stance on austerity, telling Spain it must not change direction, despite figures showing Spain officially fell back into recession in the first three months of the year.<img width='1' height='1' src='http://telegraph.fee.....
Scheme to provide start-ups with 'angels' from the City
Bankers and technology start-ups are to become unlikely bed-fellows thanks to a new scheme which is training City workers to become "angel" investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee119fd/mf.gi.....
Distressed companies on overdraft brink
Number of firms using all of overdraft facility doubles in three months.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee119fe/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/.....
Arch cru investors could collect 100m in compensation
The 15,000 investors sold high-risk Arch cru investments could be in line to collect 100m in compensation from advisers who recommended these Guernsey-based funds.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
Microsoft and Barnes & Noble take on Amazon's Kindle with $300m deal
Microsoft is investing $300m (185m) in Barnes & Noble's digital and university book business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee04d21/mf.gif' border='0'/><br/><br/><a href="h.....
Debt crisis: live
Germany maintains hardline stance on austerity, telling Spain it must not change direction, despite figures showing Spain officially fell back into recession in the first three months of the year.<img width='1' height='1' src='http://telegraph.fee.....
Beer taxes force 12 pubs to close every week, says Campaign for Real Ale
CAMRA blames inflation-busting 42pc jump in beer duty since 2008.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee11a02/mf.gif' border='0'/>.....
Google takes on the meerkats and opera singers
Google is launching a price comparison service to help consumers find the best credit cards and bank accounts, taking on the likes of moneysupermarket.com.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee11a04/.....
Slowing US consumer spending points to economic slowdown
A modest increase in US consumer spending last month signalled the world's largest economy may struggle to accelerate this quarter.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee11a05/mf.gif' border='0'/>.....
China to cut trade tariffs as US visit looms
China has announced plans to cut import tariffs just days before US Treasury Secretary Timothy Geithner arrives in Beijng for the latest round of talks between the two superpowers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
King a 'disaster' as Bank Governor, says Standard Life
Sir Mervyn King has been a "disaster" as Governor of the Bank of England, the head of equities at Standard Life, one of the country's top fund managers, has declared.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Adidas to restructure business amid 'irregularities' in Reebok brand
Adidas has replaced the top management in its Indian subsidiary and ordered a restructuring of the business after the discovery of what it described as "commercial irregularities" involving its Reebok brand.<img width='1' height='1' src='http://te.....
Stagecoach's Network Rail deal gives it a say in how tracks are maintained
Company hails new era in the management of Britain's railways.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee11a08/mf.gif' border='0'/>.....
RSM Tenon loses second chairman in three months as Adrian Martin steps down
Troubled accountancy firm RSM Tenon is to lose its second chairman in a matter of months after Adrian Martin announced he was to step down.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee091b7/mf.gif' border='.....
Aviva forced to axe chief executive Andrew Moss's pay rise
Aviva has joined the growing list of companies forced to bow to shareholder pressure and make last-minute concessions on director's pay.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee04d20/mf.gif' border='0'/.....
Eurozone bank lending slows despite ECB's 1 trillion cheap loans
Eurozone bank lending to the private sector rose more slowly than expected in March, despite the European Central Bank's injection of 1 trillion (815bn) of cheap loans into the banking system.<img width='1' height='1' src='http://telegraph.feedspo.....
Sirius Minerals to develop 3.6bn potash mine in North Yorkshire
Plans for a 3.6bn investment programme to develop a potash mining venture in the UK and create up to 1,100 jobs have been announced after studies showed the ambitious development was viable.<img width='1' height='1' src='http://telegraph.feedsport.....
Barclays signs Qatar deal to invest in natural resources
Barclays has signed a deal with the gas-rich Gulf state Qatar to invest in natural resource projects across the world.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee04d24/mf.gif' border='0'/><br/><.....
The cars with the worst safety records
Porsche drivers are three times more likely to have a crash than those who drive a Daewoo, research suggests.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee04d25/mf.gif' border='0'/><br/><br/>&.....
Bank of England takes over former Cazenove offices
The Bank of England is to move a small army of regulators into the former offices of the Queen's broker as part of its overhaul of financial regulation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee04d26/mf......
Mortgage rate misery for one million borrowers
More than a million home owners will see the cost of their mortgage payments increase from tomorrow.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ee04d29/mf.gif' border='0'/>.....
Monday 30 April 2012
Sunday 29 April 2012
UK Financial News on 2012-04-29
UK's richest 'getting wealthier'
The UK's richest people are getting even wealthier despite the recession, according to the 2012 Sunday Times Rich List......
YPF pledges to keep gas flowing
Argentine oil firm YPF vows to keep providing supplies as the dispute over its forced nationalisation continues......
'Lost decade' warning on growth
Labour's Ed Balls says Britain faces a "lost decade-style" period of slow growth, days after official figures showed the economy returned to recession......
South Sudan awaits big China loan
Officials in South Sudan say China has agreed to loan it $8bn (4.9bn) for major development projects, following a presidential visit to Beijing......
VIDEO: PM: Recession figures disappointing
Prime Minister David Cameron says he is disappointed by figures released this week showing that the UK has gone back into recession......
VIDEO: Your Money: Child benefit changes
In this week's Your Money, Declan Curry looks at how changes to child benefit could mean couples disclosing their earnings to each other......
Australia faces the end of Big Dry
Farmers brace for the official end of drought in Australia.....
In pictures: Raleigh bicycle posters
A look at classic posters of Raleigh bicycles.....
Spain halts passport-free entry
April 28 - Spain temporarily suspends passport-free entry across its borders while a summit of the European Central Bank takes place in Barcelona. Paul Chapman reports......
Bigelow brews sales in slow economy
April 27 - New data shows U.S. economic growth slowed in the first quarter, but Bigelow Tea is stirring in innovation to grow sales as the consumer-driven sector of the economy holds up. Jill Bennett reports......
Ministers spoilt for choice on where to direct pump-priming investment
Last week's "surprisingly" soft GDP figures elicited a flurry of different reactions. From the persistent optimists the response was simply that the numbers must be wrong.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Struggling coalition leaves Indian economy in the doldrums
It didn't go unnoticed that the best news for the beleaguered Indian economy last week came not from the markets but the Gods via the weatherman.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edab10f/mf.gif' bo.....
Barclays accused in mis-selling report
Barclays has been accused of acting with "reckless disregard" when it sold a set of complex derivatives to a care home operator that is suing the bank for 36m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaa.....
East London in Olympics boost
The Olympic Park and surrounding area has already attracted more than 1.6bn of private investment ahead of the 2012 Olympics, boosting ambitious plans to regenerate East London after the Games, according to new research.<img width='1' height='1' s.....
Goals Soccer Centre strides closer to sale
The purchase of Goals Soccer Centre by the owners of Camelot, the National Lottery operator, will take another stride forward tomorrow.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaeba/mf.gif' border='0'/&.....
Shareholder: GlaxoSmithKline offer is bitter pill
GlaxoSmithKline's attempt to land its biggest acquisition since 2009 has suffered a blow after a top shareholder in Human Genome Sciences said the British group's offer was "a steal".<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Monday interview: Little Chef trims down for Olympic challenge
Little Chef once represented all that was good about 1970s Britain.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaebe/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/133.....
Spain's woes to deepen as it double-dips into recession
Spain is set to confirm that it fell back into recession in the first quarter, marking the beginning of what is expected to be another rocky week for the ailing eurozone economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
NBNK looks for Middle East support in Lloyds bid
NBNK is attempting to persuade Middle East sovereign wealth funds to support its effort to acquire 632 Lloyds Banking Group branches from under the nose of rival bidder Co-operative Group.<img width='1' height='1' src='http://telegraph.feedsportal.....
Sir John Beckwith teams with Digby Jones for fund launch
Sir John Beckwith, the property tycoon and financier, is joining forces with Lord Jones, the former boss of the CBI, to launch a foreign exchange fund manager.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaa.....
Goldman's Jim O'Neill in Bank governor race
Jim O'Neill, a senior executive at Goldman Sachs, has emerged as a surprise contender to become the next governor of the Bank of England.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaec2/mf.gif' border='0'.....
Taxpayers' stake in Royal Bank of Scotland could be sold before election
The taxpayers' stake in Royal Bank of Scotland could be sold off in as little as two years, according to a senior executive at the bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaec3/mf.gif' border='0'/.....
Record number of millionaires created by pound shop boom
The booming pound shop industry has created a record number of millionaires, according to figures which show Britain's richest people have become wealthier than ever.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Sir Nigel Rudd in frame for Prudential job
Prudential has whittled down the search for a new chairman to two candidates as it looks to end uncertainty about the future leadership of a business that could end up with its headquarters in Asia.<img width='1' height='1' src='http://telegraph.f.....
John Timpson: Tips for a good manager - learn to delegate and help colleagues to do the job
The straight-talking management column offering common sense from the front line.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1eda9b80/mf.gif' border='0'/><br/><br/><a href="http://da.feedspo.....
Businesses all want the secret of Roberto Di Matteo's magic
Barclays and Tesco need Roberto Di Matteo's personal touch, says Jeff Randall.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaa49/mf.gif' border='0'/><br/><br/><a href="http://da.feedsporta.....
They all want the secret of Roberto Di Matteo's magic
Barclays and Tesco need Roberto Di Matteo's personal touch, says Jeff Randall.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1eda58b9/mf.gif' border='0'/><br/><br/><a href="http://da.feedsporta.....
Commodities: Look to the seas, not stars, for next frontier
Titanic director James Cameron is backing a company with Google billionaires Larry Page and Eric Schmidt to mine asteroids in space, called Planetary Resources.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1eda.....
Week ahead in business and economics: April 30 - May 4
Oil giant BP is expected to report a drop in first quarter profits, while taxpayer-backed lender RBS is likely to see losses narrow in the first quarter to 348m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed.....
Hollande's 'Growth Bloc' spells end of German hegemony in Europe
For two years Germany has had its way in Europe, treating historic nations much as Bismarck treated Bavaria - sovereign only in name.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed949bd/mf.gif' border='0'/>.....
Questor share tip: Barclays need to focus on shareholders - avoid
Barclays had a "good" financial crisis. It did not need a government bail-out and it managed to snap up the investment banking arm of Lehman Brothers at a bargain price after it collapsed.<img width='1' height='1' src='http://telegraph.feedsportal.....
Questor share tip: The Berendsen story is all about rising margins
Berendsen, which used to be known as Davis Service Group, provides textiles cleaning services in the UK and Nordic countries.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed63be8/mf.gif' border='0'/><br/.....
Aviation flies the flag for British industry
"The Prime Minister did not need to go to Asia, he could have been here today," said Willie Walsh. "It is a great testament to UK engineering."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a50/mf.gif' bord.....
Growing economies boost Britain's maritime industry
The value of Britain's sea trade is expected to be worth 700bn by 2017 as the rising middle classes in fast-growing economies boost demand, according to new research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
KPMG faces inquiry over rescue of HBOS
Accountancy giant KPMG could face a formal investigation by the UK's accountancy watchdog for its conduct leading up to the rescue of HBOS by Lloyds TSB.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a52/mf.....
The UK's richest people are getting even wealthier despite the recession, according to the 2012 Sunday Times Rich List......
YPF pledges to keep gas flowing
Argentine oil firm YPF vows to keep providing supplies as the dispute over its forced nationalisation continues......
'Lost decade' warning on growth
Labour's Ed Balls says Britain faces a "lost decade-style" period of slow growth, days after official figures showed the economy returned to recession......
South Sudan awaits big China loan
Officials in South Sudan say China has agreed to loan it $8bn (4.9bn) for major development projects, following a presidential visit to Beijing......
VIDEO: PM: Recession figures disappointing
Prime Minister David Cameron says he is disappointed by figures released this week showing that the UK has gone back into recession......
VIDEO: Your Money: Child benefit changes
In this week's Your Money, Declan Curry looks at how changes to child benefit could mean couples disclosing their earnings to each other......
Australia faces the end of Big Dry
Farmers brace for the official end of drought in Australia.....
In pictures: Raleigh bicycle posters
A look at classic posters of Raleigh bicycles.....
Spain halts passport-free entry
April 28 - Spain temporarily suspends passport-free entry across its borders while a summit of the European Central Bank takes place in Barcelona. Paul Chapman reports......
Bigelow brews sales in slow economy
April 27 - New data shows U.S. economic growth slowed in the first quarter, but Bigelow Tea is stirring in innovation to grow sales as the consumer-driven sector of the economy holds up. Jill Bennett reports......
Ministers spoilt for choice on where to direct pump-priming investment
Last week's "surprisingly" soft GDP figures elicited a flurry of different reactions. From the persistent optimists the response was simply that the numbers must be wrong.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Struggling coalition leaves Indian economy in the doldrums
It didn't go unnoticed that the best news for the beleaguered Indian economy last week came not from the markets but the Gods via the weatherman.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edab10f/mf.gif' bo.....
Barclays accused in mis-selling report
Barclays has been accused of acting with "reckless disregard" when it sold a set of complex derivatives to a care home operator that is suing the bank for 36m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaa.....
East London in Olympics boost
The Olympic Park and surrounding area has already attracted more than 1.6bn of private investment ahead of the 2012 Olympics, boosting ambitious plans to regenerate East London after the Games, according to new research.<img width='1' height='1' s.....
Goals Soccer Centre strides closer to sale
The purchase of Goals Soccer Centre by the owners of Camelot, the National Lottery operator, will take another stride forward tomorrow.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaeba/mf.gif' border='0'/&.....
Shareholder: GlaxoSmithKline offer is bitter pill
GlaxoSmithKline's attempt to land its biggest acquisition since 2009 has suffered a blow after a top shareholder in Human Genome Sciences said the British group's offer was "a steal".<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Monday interview: Little Chef trims down for Olympic challenge
Little Chef once represented all that was good about 1970s Britain.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaebe/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/133.....
Spain's woes to deepen as it double-dips into recession
Spain is set to confirm that it fell back into recession in the first quarter, marking the beginning of what is expected to be another rocky week for the ailing eurozone economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
NBNK looks for Middle East support in Lloyds bid
NBNK is attempting to persuade Middle East sovereign wealth funds to support its effort to acquire 632 Lloyds Banking Group branches from under the nose of rival bidder Co-operative Group.<img width='1' height='1' src='http://telegraph.feedsportal.....
Sir John Beckwith teams with Digby Jones for fund launch
Sir John Beckwith, the property tycoon and financier, is joining forces with Lord Jones, the former boss of the CBI, to launch a foreign exchange fund manager.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaa.....
Goldman's Jim O'Neill in Bank governor race
Jim O'Neill, a senior executive at Goldman Sachs, has emerged as a surprise contender to become the next governor of the Bank of England.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaec2/mf.gif' border='0'.....
Taxpayers' stake in Royal Bank of Scotland could be sold before election
The taxpayers' stake in Royal Bank of Scotland could be sold off in as little as two years, according to a senior executive at the bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaec3/mf.gif' border='0'/.....
Record number of millionaires created by pound shop boom
The booming pound shop industry has created a record number of millionaires, according to figures which show Britain's richest people have become wealthier than ever.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Sir Nigel Rudd in frame for Prudential job
Prudential has whittled down the search for a new chairman to two candidates as it looks to end uncertainty about the future leadership of a business that could end up with its headquarters in Asia.<img width='1' height='1' src='http://telegraph.f.....
John Timpson: Tips for a good manager - learn to delegate and help colleagues to do the job
The straight-talking management column offering common sense from the front line.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1eda9b80/mf.gif' border='0'/><br/><br/><a href="http://da.feedspo.....
Businesses all want the secret of Roberto Di Matteo's magic
Barclays and Tesco need Roberto Di Matteo's personal touch, says Jeff Randall.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1edaaa49/mf.gif' border='0'/><br/><br/><a href="http://da.feedsporta.....
They all want the secret of Roberto Di Matteo's magic
Barclays and Tesco need Roberto Di Matteo's personal touch, says Jeff Randall.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1eda58b9/mf.gif' border='0'/><br/><br/><a href="http://da.feedsporta.....
Commodities: Look to the seas, not stars, for next frontier
Titanic director James Cameron is backing a company with Google billionaires Larry Page and Eric Schmidt to mine asteroids in space, called Planetary Resources.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1eda.....
Week ahead in business and economics: April 30 - May 4
Oil giant BP is expected to report a drop in first quarter profits, while taxpayer-backed lender RBS is likely to see losses narrow in the first quarter to 348m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed.....
Hollande's 'Growth Bloc' spells end of German hegemony in Europe
For two years Germany has had its way in Europe, treating historic nations much as Bismarck treated Bavaria - sovereign only in name.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed949bd/mf.gif' border='0'/>.....
Questor share tip: Barclays need to focus on shareholders - avoid
Barclays had a "good" financial crisis. It did not need a government bail-out and it managed to snap up the investment banking arm of Lehman Brothers at a bargain price after it collapsed.<img width='1' height='1' src='http://telegraph.feedsportal.....
Questor share tip: The Berendsen story is all about rising margins
Berendsen, which used to be known as Davis Service Group, provides textiles cleaning services in the UK and Nordic countries.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed63be8/mf.gif' border='0'/><br/.....
Aviation flies the flag for British industry
"The Prime Minister did not need to go to Asia, he could have been here today," said Willie Walsh. "It is a great testament to UK engineering."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a50/mf.gif' bord.....
Growing economies boost Britain's maritime industry
The value of Britain's sea trade is expected to be worth 700bn by 2017 as the rising middle classes in fast-growing economies boost demand, according to new research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
KPMG faces inquiry over rescue of HBOS
Accountancy giant KPMG could face a formal investigation by the UK's accountancy watchdog for its conduct leading up to the rescue of HBOS by Lloyds TSB.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a52/mf.....
Saturday 28 April 2012
UK Financial News on 2012-04-28
Britain's richest getting richer
The UK's richest people are getting even wealthier despite the recession, according to the 2012 Sunday Times Rich List......
Barclays hit by revolt over pay
Barclays management is stung by a revolt over pay, as 26.9% of shareholders vote against the bank's remuneration report......
Banks 'wrong' over payment policy
Two of the UK's biggest banks admit that some customers have been denied their legal right to cancel recurring payments, reports Radio 4's Money Box......
Spanish unemployment hits record
Spanish unemployment hits a new record high of 5.64 million, official figures show, hours after the country's debt rating was downgraded......
South Sudan awaits big China loan
Officials in South Sudan say China has agreed to loan it $8bn (4.9bn) for major development projects, following a presidential visit to Beijing......
Samsung overtakes Nokia in phones
Samsung Electronics overtakes Nokia to become the world's largest maker of mobile phones and reports an 81% increase in quarterly profits......
US economic growth rate slowing
US economic growth slowed to an annualised pace of 2.2% in the first quarter of the year, from 3% in the final three months of last year......
Lloyds ends exclusive Co-op talks
Lloyds Banking Group says it has ended its exclusivity agreement with the Co-operative Group over the sale of 632 bank branches......
Ford suffers European sales slump
US carmaker Ford reports lower quarterly profits following weak sales in Europe and higher tax charges......
Birmingham delays accounts again
The holding company of Championship club Birmingham fails for a fourth time to file its financial results for the year to 30 June 2011......
Trade fair in Zimbabwe boycotted
India and Russia boycott a major international trade fair in Zimbabwe in protest against the country's policy of taking control of foreign companies......
Tax fine error hits 12,000 people
About 12,000 people who had been told that they no longer needed to fill in self-assessment tax forms have been sent penalty notices in error......
Ofcom proposes parcel price cap
The cap on prices that Royal Mail can charge for second-class post should be extended to large letters and parcels, Ofcom proposes......
BMI Regional sale talks advance
A consortium is in advanced talks to buy the regional division of BMI, after the takeover of the larger BMI airline by IAG......
Eurozone sees retail sales slide
Retail sales in the three largest eurozone economies fall to the second lowest level on record, a survey indicates......
Greece 'was not ready for euro'
Greece should not have joined the euro, a former head of the Bundesbank who was closely involved in eurozone policymaking tells the BBC......
Japan makes $123bn stimulus move
The Bank of Japan increases its stimulus programme for the second time in just over two months in a bid boost economic growth......
Sharp reports record annual loss
Sharp reports a record annual loss as sales and prices of TVs fall, but forecasts a slim profit for the current financial year......
Amazon's profits beat forecasts
Amazon posts better-than-expected profits after the world's biggest retailer cuts costs and boosts sales of Kindle tablets......
Real life tests reveal 'true MPG'
Fuel economy figures produced by the government are routinely too optimistic, tests by What Car? magazine suggest......
New Gers bid less than Miller's
BBC Scotland understands that Bill Miller's bid for Rangers is worth significantly more than the Blue Knights and Brian Kennedy's......
VIDEO: Your Money: Child benefit changes
In this week's Your Money, Declan Curry looks at how changes to child benefit could mean couples disclosing their earnings to each other......
VIDEO: Barclays 'not in tune with shareholders'
It is thought almost a third of investors could vote against Barclays Bank's pay plans......
AUDIO: Samsung 'not following anymore'
The BBC's Seoul correspondent Lucy Williamson looks at how the image of Samsung has changed just as the company reported profits of $5bn in the first three months of this year......
AUDIO: National Trust: 'Way to go' on green policy
Dame Fiona Reynolds, the director general of the National Trust, is the Today programme's Friday boss......
AUDIO: Unite: 'No strike on table at this point'
Diana Holland, assistant general secretary of Unite explained why the union is recommending their members reject a proposed deal to avert a strike by fuel tanker drivers......
VIDEO: Barclays shareholders revolt over pay
Almost a third of Barclays shareholders have voted against the companies top executive pay deals at the banks annual AGM.....
VIDEO: Behind the Samsung success story
With Samsung reporting record profits, Lucy Williamson looks at what is behind its rise of the business superpower......
In pictures: Raleigh bicycle posters
The posters that helped make Raleigh a household name.....
One maths formula and the financial crash
Can mathematicians be blamed for the financial crash?.....
Postal prices: Impact on firms
How larger post is affected by Royal Mail's price changes.....
Spain halts passport-free entry
April 28 - Spain temporarily suspends passport-free entry across its borders while a summit of the European Central Bank takes place in Barcelona. Paul Chapman reports......
Bigelow brews sales in slow economy
April 27 - New data shows U.S. economic growth slowed in the first quarter, but Bigelow Tea is stirring in innovation to grow sales as the consumer-driven sector of the economy holds up. Jill Bennett reports......
More arrests in weekly Occupy Wall Street march
April 27 - More Occupy Wall Street protesters are arrested as they take part in a weekly march to the New York Stock Exchange. Rough Cut (no reporter narration).....
Earnings lead to strong weekly gains
April 27 - Stocks rallied on Friday to close out the best week in months as the afterglow from Amazon's stellar results the day before offset softer-than-expected U.S. economic growth. Conway G. Gittens reports......
Forstmann's art collection reflects his investment legacy
Apr. 27 - Sotheby's will auction the art collection of legendary buyout pioneer Ted Forstmann in May. Insider takes a look at how his artistic style paralleled his investment strategy......
U.S. Week Ahead: Ka-ching! Retail could boost Jobs Report
Economics Editor Stella Dawson......
U.S. growth slower at year's start
April 27 - The U.S. economy is resilient, but can do better International Paper Chairman and CEO John Faraci says after GDP report shows 2.2 pct gain. Conway G. Gittens reports......
Corporate profits should weaken in Q2: Economist
April 27 - David Levy of the Jerome Levy Forecasting Center doesn't see corporations peforming as well in the current quarter as they did in the first three months of the year......
Trading at Noon: Amazon soars on spectacular results
April 27 - Shares of Amazon are rallying after better-than-expected quarterly results, and a look ahead at Loews for Monday.....
3XSQ: Economy underperforms in Q1
April 27 - Shoppers did their part to boost U.S. economic growth in the first quarter but the GDP slipped on inventories, weak business spending......
Breakingviews: Impenetrable Chesapeake
April 27 - Richard Beales and Breakingviews columnists discuss the echoes of Enron in the complexity of Chesapeake Energy as the company struggles with a governance scandal......
Europe Week Ahead
April 27 - Key events next week include the ECB policy meeting, U.S. non-farm payrolls, bond auctions from Spain, Portugal and France, as well as a raft of company earnings from the likes of BMW and Adidas......
KFC to pay Australian family $8 million in damages
April 27 - KFC has been ordered to pay $8 million Australian dollars (8.3 million USD) to a stricken Australian girl's family after she was left severely brain damaged from food poisoning after eating a chicken "Twister". Matt Cowan reports......
Spanish economy in crisis after downgrade
April 27 - Spain is facing a "crisis of huge proportions" according to its foreign minister, as unemployment hit its highest level since the early 1990s and the government's debt was downgraded by two notches by Standard and Poor's. Joanna Partridge .....
Reuters Asks: Which govt could euro zone crisis claim next?
asks which European government could find itself a victim of the euro-zone crisis next......
U.S. Morning Call: Amazon soars; Starbucks global sales down
April 27 - Amazon's quarterly results beat Wall Street's most bullish expectations, and Starbucks reports a higher quarterly profit but sales in Europe show weakness......
Market Pulse: Stocks silver lining on Spain's ratings cloud
April 27 - European stocks end the week on a high but Spanish bonds feel the heat from S&P downgrade......
S&P's Moritz Kraemer on Spain Downgrade
April 27 - S&P's managing director of sovereign ratings Moritz Kraemer explains the rationale behind cutting Spain's credit rating by two notces, and calls for EU action to stem the crisis......
KFC loses damages battle
April 27 - Fast food chain KFC ordered to pay 8.3 million U.S. dollars after food poisoning left a child with severe brain damage. Rough cut (no reporter narration)......
Breakingviews: Amazon plays long-game; investor returns down
Breakingviews......
Italy must break with old business ways - industrialist
April 27 - Italian construction group chief Pietro Salini says the credit crunch is the biggest problem facing Italian business......
Reuters Today: S&P spooks with Spain downgrade
April 27 - S&P cuts Spain's credit rating by two notches to BBB plus, with a damning assessment of goverment finances. The BoJ boosts bond buying, while Samsung earnings shine......
Turkeys don't vote for Christmas - WPP's Sorrell
April 27 - WPP advertising group chief Sir Martin Sorrell says austerity is a difficult message for politicians pushing unpopular policies......
China a minefield for bribing risks
April 27 - Wal-Mart's alleged bribery scandal in Mexico is bringing attention to China. King & Wood Mallesons Partner Meg Utterback talks about why China can be a minefield in bribery for businesses......
Profitability has peaked for China's "Big 4" banks: analyst
Chinese banks face the double challenge of peaking profitability and high-level political noise over fees they charge customers, says Michael Werner of Sanford C. Bernstein......
Aviation flies the flag for British industry
"The Prime Minister did not need to go to Asia, he could have been here today," said Willie Walsh. "It is a great testament to UK engineering."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a50/mf.gif' bord.....
Growing economies boost Britain's maritime industry
The value of Britain's sea trade is expected to be worth 700bn by 2017 as the rising middle classes in fast-growing economies boost demand, according to new research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
KPMG faces inquiry over rescue of HBOS
Accountancy giant KPMG could face a formal investigation by the UK's accountancy watchdog for its conduct leading up to the rescue of HBOS by Lloyds TSB.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a52/mf.....
E.ON left red-faced over climate tax
Energy supplier E.ON has been forced to apologise to 65,000 companies after telling them they would have to pay a climate change tax at 1,000 times the real rate.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1e.....
What James and Rupert Murdoch really wanted to do with BSkyB
Standing before a Barcelona conference room filled with investors and analysts, James Murdoch calmly set out his vision for BSkyB under full ownership of News Corporation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Jaguar Land Rover in talks over Ethel Austin factory
Jaguar Land Rover is in talks to take over the former headquarters of collapsed fashion brand Ethel Austin as the British car maker ramps up its expansion plans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed.....
Rainmaker: Lloyds has moved the goalposts for NBNK
It never rains but it pours. And at 25 Gresham Street, in the City of London, they could be forgiven for bringing out the buckets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a56/mf.gif' border='0'/>&l.....
Mr & Mrs Smith launch retail bond
Companies have already tried to tempt investors frustrated by weak returns in the markets by paying dividends in gold and even chocolate.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a57/mf.gif' border='0'.....
Severstal chief Alexey Mordashov eyes a golden opportunity on the FTSE 100
Alexey Mordashov, Russia's third richest man, tells of his plans for a FTSE listing and why Soviet stereotypes are outdated.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a58/mf.gif' border='0'/><br/&.....
Lord Browne: fracking would only impact "tiny bits" of countryside
Drilling hundreds of wells to frack for shale gas would only impact "tiny bits" of the countryside, Lord Browne has claimed, insisting there was no rational cause for concern over the controversial process.<img width='1' height='1' src='http://tel.....
Double-dip recession to trigger house price fall
Britain's official return to recession has raised the risk of a sharp fall in house prices, economists have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5a/mf.gif' border='0'/><br/><br.....
Mystery woman saves Twickenham Film Studios
The film studio behind War Horse and The Iron Lady could be saved from developers after a bidder stepped in to buy the business out of administration.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5b/mf.gi.....
Mining through data can reveal treasures
Modern analytics software can be a boon to the medium-sized business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5c/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Pay row risk at Standard Chartered
Investors in Standard Chartered are being urged to vote against the bank's pay report which delivered a $92m (56m) remuneration pot to its top 13 bankers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5d/m.....
Could democracy derail the euro?
Like a tidal wave, the crisis that has overwhelmed southern Europe smashed into the northern core last week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5e/mf.gif' border='0'/><br/><br/>&l.....
George Osborne pushed on growth as OECD says 'loosen purse strings'
The Government should consider borrowing more to pay for vital infrastructure projects in an attempt to stimulate growth, according to the OECD.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a60/mf.gif' bor.....
Pricey oil could put the brakes on US recovery
The outlook for the American economy is improving. That was the message from the Federal Reserve last Wednesday, as the US central bank issued new forecasts showing faster GDP growth and lower unemployment.<img width='1' height='1' src='http://tel.....
Etihad to open new British HQ in Manchester
Etihad is to open a European headquarters in Manchester, which could lead to the creation of up 300 new jobs in the city.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a62/mf.gif' border='0'/><br/>.....
Abu Dhabi in Lloyds Bank talks
Middle Eastern wealth funds Qatar Holdings and Abu Dhabi's Mubadala fund have held talks with Lloyds bank bidder, NBNK, to bolster its 2bn approach for 632 branches.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Back British stocks - but only if they're tapped into the US
Should investors buy UK equities? If you look at the way UK pension funds are diversifying away from them into global equities and indeed bonds, the answer appears to be "no".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
F1 flotation boosted by 4.4bn 'guarantee'
Bernie Ecclestone is finalising preparations for a 6.1bn flotation of F1 and is expected to lodge a prospectus for the business showing that it has $7.1bn of guaranteed revenue.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Vince Cable told to change law over bank mis-selling
Pressure grows on Government to change the law so small businesses that claim they have been mis-sold complex interest rate derivatives by Britain's banks can take legal action.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Pressure grows on Cable as mis-selling crisis deepens
A Telegraph investigation has sparked cross-party action as the FSA launches a review over the mis-selling of interest rate hedging products.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a67/mf.gif' border.....
Adair Turner's bid to lead the Bank of England
Lord Adair Turner, the chairman of the Financial Services Authority, is a man not short on self confidence.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a68/mf.gif' border='0'/><br/><br/><.....
Hobbs prepared for 250m sale
Embattled private equity firm 3i is grooming Hobbs for a sale in a deal that could value the business at up to 250m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed53bd7/mf.gif' border='0'/><br/><b.....
The UK's richest people are getting even wealthier despite the recession, according to the 2012 Sunday Times Rich List......
Barclays hit by revolt over pay
Barclays management is stung by a revolt over pay, as 26.9% of shareholders vote against the bank's remuneration report......
Banks 'wrong' over payment policy
Two of the UK's biggest banks admit that some customers have been denied their legal right to cancel recurring payments, reports Radio 4's Money Box......
Spanish unemployment hits record
Spanish unemployment hits a new record high of 5.64 million, official figures show, hours after the country's debt rating was downgraded......
South Sudan awaits big China loan
Officials in South Sudan say China has agreed to loan it $8bn (4.9bn) for major development projects, following a presidential visit to Beijing......
Samsung overtakes Nokia in phones
Samsung Electronics overtakes Nokia to become the world's largest maker of mobile phones and reports an 81% increase in quarterly profits......
US economic growth rate slowing
US economic growth slowed to an annualised pace of 2.2% in the first quarter of the year, from 3% in the final three months of last year......
Lloyds ends exclusive Co-op talks
Lloyds Banking Group says it has ended its exclusivity agreement with the Co-operative Group over the sale of 632 bank branches......
Ford suffers European sales slump
US carmaker Ford reports lower quarterly profits following weak sales in Europe and higher tax charges......
Birmingham delays accounts again
The holding company of Championship club Birmingham fails for a fourth time to file its financial results for the year to 30 June 2011......
Trade fair in Zimbabwe boycotted
India and Russia boycott a major international trade fair in Zimbabwe in protest against the country's policy of taking control of foreign companies......
Tax fine error hits 12,000 people
About 12,000 people who had been told that they no longer needed to fill in self-assessment tax forms have been sent penalty notices in error......
Ofcom proposes parcel price cap
The cap on prices that Royal Mail can charge for second-class post should be extended to large letters and parcels, Ofcom proposes......
BMI Regional sale talks advance
A consortium is in advanced talks to buy the regional division of BMI, after the takeover of the larger BMI airline by IAG......
Eurozone sees retail sales slide
Retail sales in the three largest eurozone economies fall to the second lowest level on record, a survey indicates......
Greece 'was not ready for euro'
Greece should not have joined the euro, a former head of the Bundesbank who was closely involved in eurozone policymaking tells the BBC......
Japan makes $123bn stimulus move
The Bank of Japan increases its stimulus programme for the second time in just over two months in a bid boost economic growth......
Sharp reports record annual loss
Sharp reports a record annual loss as sales and prices of TVs fall, but forecasts a slim profit for the current financial year......
Amazon's profits beat forecasts
Amazon posts better-than-expected profits after the world's biggest retailer cuts costs and boosts sales of Kindle tablets......
Real life tests reveal 'true MPG'
Fuel economy figures produced by the government are routinely too optimistic, tests by What Car? magazine suggest......
New Gers bid less than Miller's
BBC Scotland understands that Bill Miller's bid for Rangers is worth significantly more than the Blue Knights and Brian Kennedy's......
VIDEO: Your Money: Child benefit changes
In this week's Your Money, Declan Curry looks at how changes to child benefit could mean couples disclosing their earnings to each other......
VIDEO: Barclays 'not in tune with shareholders'
It is thought almost a third of investors could vote against Barclays Bank's pay plans......
AUDIO: Samsung 'not following anymore'
The BBC's Seoul correspondent Lucy Williamson looks at how the image of Samsung has changed just as the company reported profits of $5bn in the first three months of this year......
AUDIO: National Trust: 'Way to go' on green policy
Dame Fiona Reynolds, the director general of the National Trust, is the Today programme's Friday boss......
AUDIO: Unite: 'No strike on table at this point'
Diana Holland, assistant general secretary of Unite explained why the union is recommending their members reject a proposed deal to avert a strike by fuel tanker drivers......
VIDEO: Barclays shareholders revolt over pay
Almost a third of Barclays shareholders have voted against the companies top executive pay deals at the banks annual AGM.....
VIDEO: Behind the Samsung success story
With Samsung reporting record profits, Lucy Williamson looks at what is behind its rise of the business superpower......
In pictures: Raleigh bicycle posters
The posters that helped make Raleigh a household name.....
One maths formula and the financial crash
Can mathematicians be blamed for the financial crash?.....
Postal prices: Impact on firms
How larger post is affected by Royal Mail's price changes.....
Spain halts passport-free entry
April 28 - Spain temporarily suspends passport-free entry across its borders while a summit of the European Central Bank takes place in Barcelona. Paul Chapman reports......
Bigelow brews sales in slow economy
April 27 - New data shows U.S. economic growth slowed in the first quarter, but Bigelow Tea is stirring in innovation to grow sales as the consumer-driven sector of the economy holds up. Jill Bennett reports......
More arrests in weekly Occupy Wall Street march
April 27 - More Occupy Wall Street protesters are arrested as they take part in a weekly march to the New York Stock Exchange. Rough Cut (no reporter narration).....
Earnings lead to strong weekly gains
April 27 - Stocks rallied on Friday to close out the best week in months as the afterglow from Amazon's stellar results the day before offset softer-than-expected U.S. economic growth. Conway G. Gittens reports......
Forstmann's art collection reflects his investment legacy
Apr. 27 - Sotheby's will auction the art collection of legendary buyout pioneer Ted Forstmann in May. Insider takes a look at how his artistic style paralleled his investment strategy......
U.S. Week Ahead: Ka-ching! Retail could boost Jobs Report
Economics Editor Stella Dawson......
U.S. growth slower at year's start
April 27 - The U.S. economy is resilient, but can do better International Paper Chairman and CEO John Faraci says after GDP report shows 2.2 pct gain. Conway G. Gittens reports......
Corporate profits should weaken in Q2: Economist
April 27 - David Levy of the Jerome Levy Forecasting Center doesn't see corporations peforming as well in the current quarter as they did in the first three months of the year......
Trading at Noon: Amazon soars on spectacular results
April 27 - Shares of Amazon are rallying after better-than-expected quarterly results, and a look ahead at Loews for Monday.....
3XSQ: Economy underperforms in Q1
April 27 - Shoppers did their part to boost U.S. economic growth in the first quarter but the GDP slipped on inventories, weak business spending......
Breakingviews: Impenetrable Chesapeake
April 27 - Richard Beales and Breakingviews columnists discuss the echoes of Enron in the complexity of Chesapeake Energy as the company struggles with a governance scandal......
Europe Week Ahead
April 27 - Key events next week include the ECB policy meeting, U.S. non-farm payrolls, bond auctions from Spain, Portugal and France, as well as a raft of company earnings from the likes of BMW and Adidas......
KFC to pay Australian family $8 million in damages
April 27 - KFC has been ordered to pay $8 million Australian dollars (8.3 million USD) to a stricken Australian girl's family after she was left severely brain damaged from food poisoning after eating a chicken "Twister". Matt Cowan reports......
Spanish economy in crisis after downgrade
April 27 - Spain is facing a "crisis of huge proportions" according to its foreign minister, as unemployment hit its highest level since the early 1990s and the government's debt was downgraded by two notches by Standard and Poor's. Joanna Partridge .....
Reuters Asks: Which govt could euro zone crisis claim next?
asks which European government could find itself a victim of the euro-zone crisis next......
U.S. Morning Call: Amazon soars; Starbucks global sales down
April 27 - Amazon's quarterly results beat Wall Street's most bullish expectations, and Starbucks reports a higher quarterly profit but sales in Europe show weakness......
Market Pulse: Stocks silver lining on Spain's ratings cloud
April 27 - European stocks end the week on a high but Spanish bonds feel the heat from S&P downgrade......
S&P's Moritz Kraemer on Spain Downgrade
April 27 - S&P's managing director of sovereign ratings Moritz Kraemer explains the rationale behind cutting Spain's credit rating by two notces, and calls for EU action to stem the crisis......
KFC loses damages battle
April 27 - Fast food chain KFC ordered to pay 8.3 million U.S. dollars after food poisoning left a child with severe brain damage. Rough cut (no reporter narration)......
Breakingviews: Amazon plays long-game; investor returns down
Breakingviews......
Italy must break with old business ways - industrialist
April 27 - Italian construction group chief Pietro Salini says the credit crunch is the biggest problem facing Italian business......
Reuters Today: S&P spooks with Spain downgrade
April 27 - S&P cuts Spain's credit rating by two notches to BBB plus, with a damning assessment of goverment finances. The BoJ boosts bond buying, while Samsung earnings shine......
Turkeys don't vote for Christmas - WPP's Sorrell
April 27 - WPP advertising group chief Sir Martin Sorrell says austerity is a difficult message for politicians pushing unpopular policies......
China a minefield for bribing risks
April 27 - Wal-Mart's alleged bribery scandal in Mexico is bringing attention to China. King & Wood Mallesons Partner Meg Utterback talks about why China can be a minefield in bribery for businesses......
Profitability has peaked for China's "Big 4" banks: analyst
Chinese banks face the double challenge of peaking profitability and high-level political noise over fees they charge customers, says Michael Werner of Sanford C. Bernstein......
Aviation flies the flag for British industry
"The Prime Minister did not need to go to Asia, he could have been here today," said Willie Walsh. "It is a great testament to UK engineering."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a50/mf.gif' bord.....
Growing economies boost Britain's maritime industry
The value of Britain's sea trade is expected to be worth 700bn by 2017 as the rising middle classes in fast-growing economies boost demand, according to new research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
KPMG faces inquiry over rescue of HBOS
Accountancy giant KPMG could face a formal investigation by the UK's accountancy watchdog for its conduct leading up to the rescue of HBOS by Lloyds TSB.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a52/mf.....
E.ON left red-faced over climate tax
Energy supplier E.ON has been forced to apologise to 65,000 companies after telling them they would have to pay a climate change tax at 1,000 times the real rate.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1e.....
What James and Rupert Murdoch really wanted to do with BSkyB
Standing before a Barcelona conference room filled with investors and analysts, James Murdoch calmly set out his vision for BSkyB under full ownership of News Corporation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Jaguar Land Rover in talks over Ethel Austin factory
Jaguar Land Rover is in talks to take over the former headquarters of collapsed fashion brand Ethel Austin as the British car maker ramps up its expansion plans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed.....
Rainmaker: Lloyds has moved the goalposts for NBNK
It never rains but it pours. And at 25 Gresham Street, in the City of London, they could be forgiven for bringing out the buckets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a56/mf.gif' border='0'/>&l.....
Mr & Mrs Smith launch retail bond
Companies have already tried to tempt investors frustrated by weak returns in the markets by paying dividends in gold and even chocolate.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a57/mf.gif' border='0'.....
Severstal chief Alexey Mordashov eyes a golden opportunity on the FTSE 100
Alexey Mordashov, Russia's third richest man, tells of his plans for a FTSE listing and why Soviet stereotypes are outdated.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a58/mf.gif' border='0'/><br/&.....
Lord Browne: fracking would only impact "tiny bits" of countryside
Drilling hundreds of wells to frack for shale gas would only impact "tiny bits" of the countryside, Lord Browne has claimed, insisting there was no rational cause for concern over the controversial process.<img width='1' height='1' src='http://tel.....
Double-dip recession to trigger house price fall
Britain's official return to recession has raised the risk of a sharp fall in house prices, economists have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5a/mf.gif' border='0'/><br/><br.....
Mystery woman saves Twickenham Film Studios
The film studio behind War Horse and The Iron Lady could be saved from developers after a bidder stepped in to buy the business out of administration.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5b/mf.gi.....
Mining through data can reveal treasures
Modern analytics software can be a boon to the medium-sized business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5c/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Pay row risk at Standard Chartered
Investors in Standard Chartered are being urged to vote against the bank's pay report which delivered a $92m (56m) remuneration pot to its top 13 bankers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5d/m.....
Could democracy derail the euro?
Like a tidal wave, the crisis that has overwhelmed southern Europe smashed into the northern core last week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a5e/mf.gif' border='0'/><br/><br/>&l.....
George Osborne pushed on growth as OECD says 'loosen purse strings'
The Government should consider borrowing more to pay for vital infrastructure projects in an attempt to stimulate growth, according to the OECD.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a60/mf.gif' bor.....
Pricey oil could put the brakes on US recovery
The outlook for the American economy is improving. That was the message from the Federal Reserve last Wednesday, as the US central bank issued new forecasts showing faster GDP growth and lower unemployment.<img width='1' height='1' src='http://tel.....
Etihad to open new British HQ in Manchester
Etihad is to open a European headquarters in Manchester, which could lead to the creation of up 300 new jobs in the city.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a62/mf.gif' border='0'/><br/>.....
Abu Dhabi in Lloyds Bank talks
Middle Eastern wealth funds Qatar Holdings and Abu Dhabi's Mubadala fund have held talks with Lloyds bank bidder, NBNK, to bolster its 2bn approach for 632 branches.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Back British stocks - but only if they're tapped into the US
Should investors buy UK equities? If you look at the way UK pension funds are diversifying away from them into global equities and indeed bonds, the answer appears to be "no".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
F1 flotation boosted by 4.4bn 'guarantee'
Bernie Ecclestone is finalising preparations for a 6.1bn flotation of F1 and is expected to lodge a prospectus for the business showing that it has $7.1bn of guaranteed revenue.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Vince Cable told to change law over bank mis-selling
Pressure grows on Government to change the law so small businesses that claim they have been mis-sold complex interest rate derivatives by Britain's banks can take legal action.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Pressure grows on Cable as mis-selling crisis deepens
A Telegraph investigation has sparked cross-party action as the FSA launches a review over the mis-selling of interest rate hedging products.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a67/mf.gif' border.....
Adair Turner's bid to lead the Bank of England
Lord Adair Turner, the chairman of the Financial Services Authority, is a man not short on self confidence.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed52a68/mf.gif' border='0'/><br/><br/><.....
Hobbs prepared for 250m sale
Embattled private equity firm 3i is grooming Hobbs for a sale in a deal that could value the business at up to 250m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ed53bd7/mf.gif' border='0'/><br/><b.....
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