Barclays boss blames 'few staff'
The boss of Barclays says the banking lending rates scandal at the bank was "limited to a small number of people"......
Economy worse than thought in Q4
The UK economy shrank by 0.4% in the last three months of 2011 and 0.3% in the first quarter of this year, revised figures show......
RIM delays Blackberry 10 launch
Blackberry maker Research in Motion says it will delay the launch of its new phone operating system Blackberry 10 and says it is to cut 5,000 jobs......
News Corp's board confirms split
The board of Rupert Murdoch's News Corporation says the media giant will be split into two publicly traded companies......
Vivendi boss leaving over dispute
The boss of French media and telecoms group Vivendi is quitting his job following a dispute with his board over the company's future strategy......
FSA to act on interest rate swaps
The FSA is in last minute talks with banks to agree a settlement package for small firms which believe they were wrongly sold interest rate swaps......
Veolia's 1.2bn UK water arm sale
French utility Veolia Environnement sold its regulated UK water business for 1.24bn ($1.92bn) in a deal aimed at reducing its debts......
Eurozone agrees new growth funds
EU leaders prepare to meet for a closely watched two-day summit on the fate of the euro with heads of state divided about the best path forward......
Vatican Bank opens doors to media
The Vatican Bank has invited in journalists as part of moves to boost transparency, amid a scandal surrounding the Vatican's financial affairs......
Concern over future of spotchecks
Spotchecks to ensure businesses are following consumer safety rules could be curtailed under government plans, it has been warned......
House prices slip back in June
The price of a typical UK house falls 0.6% in June according to Nationwide, which blamed the ending of the stamp duty holiday......
German unemployment rises in June
The number of people out of work in Germany rises by 7,000 in June to give a jobless rate of 6.8%, according to official figures......
NY Times launches site in Chinese
The New York Times launches a Chinese language version of its website in a bid to tap into the world's biggest internet market......
Queen's Jubilee lifts Debenhams
Debenhams said the Queen's Diamond Jubilee celebrations gave a lift to trading in the first half of its financial year, although wet weather hampered clothing sales.....
Lloyds and Co-op deal now closer
Lloyds reaches an "understanding" with the Co-op to sell it 632 Lloyds TSB and Cheltenham and Gloucester branches......
Google to sell tablet and glasses
Google has unveiled Nexus 7 - a tablet made by Asus - and will sell its augmented reality glasses to developers from 2013......
Nadir return 'put health at risk'
Polly Peck tycoon Asil Nadir tells the Old Bailey that he risked death by returning to the UK to face trial......
MPs demand IT answers from RBS
The chairman of the Treasury Committee brands the meltdown of RBS's computer system "completely unacceptable" and demands an explanation from the bank......
Firm accuses CAB of harassment
A firm that sues shoplifters on behalf of retailers accuses a Citizens Advice Bureau official of organising a campaign of harassment against it......
Spain 'cannot afford high rates'
Spain's Prime Minister, Mariano Rajoy, says the country cannot afford to finance itself for long at current rates of interest......
EU seeks WTO help in China row
The European Union asks the World Trade Organisation to arbitrate in a row about China's export restrictions on its "rare earth" minerals.....
Retail sales 'saw Jubilee boost'
The Diamond Jubilee celebrations gave UK High Streets a "much-needed boost" in June, according to a survey of the retail sector by the CBI......
'Serious questions' for Barclays
Prime minister David Cameron says Barclays' management face "serious questions" about their role in allegations that bank lending rates were manipulated for financial gain......
Felda shares surge 19% on debut
Shares in Malaysian palm oil firm Felda surge on their debut as investors bet on growing demand for its product from the region......
US bans Samsung Galaxy Tab 10.1
A court bans sales of Samsung's Galaxy Tab 10.1 tablet in the US while it decides on the firm's patent dispute with Apple......
Plans for Gers newco in Div One
BBC Scotland learns of plans to allow the Rangers newco to move directly into Scottish Division One in the coming season......
Ex-banker jailed for F1 bribery
Former banker Gerhard Gribkowsky sentenced to more than eight years in jail for taking $44m in bribes from Formula 1 president Bernie Ecclestone......
Championship clubs in RFU dispute
The 12 clubs in England's Championship say the Rugby Football Union has failed to pay them what they were promised......
AUDIO: Diamond: Banks must be trustworthy
Clips from Barclays boss Bob Diamond from his 2011 Today lecture.....
VIDEO: Eurozone leaders ready for summit
European Union leaders are preparing to meet for a closely-watched Brussels summit on the fate of the euro......
VIDEO: 'Serious questions' for Barclays
Both Prime Minister David Cameron and Chancellor George Osborne have said Barclays Bank management has "serious questions" to answer over how it manipulated banking lending rates......
VIDEO: Barclays fine: "it's about 10 days profit"
Paul Lewis from Radio 4's Money Box programme explains what the Barclays fine means for customers......
AUDIO: 'Systematic dishonesty' at Barclays
There was "systematic dishonesty" at Barclays, says former chief executive Martin Taylor.....
VIDEO: Drive to make Games pay for UK
With 30 days to go until the 2012 Games begin the government is hoping the Olympics will boost the economy......
VIDEO: Peston on Barclays 'shocking behaviour'
The Financial Services Authority (FSA) has fined Barclays Bank a record 59.5m for attempting to manipulate the interest rates at which banks lend to each other......
VIDEO: Minister grilled on fuel duty U-turn
On the day that the government said it would delay a 3p-a-litre rise in fuel duty from August until next January, Treasury Minister Chloe Smith refused to say when exactly the government changed its mind......
Project Glass: Developers' views
Developers' thoughts on Google's Project Glass.....
Tax bills and refunds - how to check them
Are you paying too much or too little?.....
Felda gambles on 'recession-proof' business
Malaysian palm oil firm bets on 'recession proof' business.....
Wealth Strategies: Devices hurt by Obamacare, hospitals win
June 28 - Crystal Research analyst Jeff Kraws runs down the winners & losers from Obamacare and points out the reform bill will discourage pharma and biotech from creating new and innovative products......
"Obamacare" may mean less innovation, R&D: Keckley
June 28 - Healthcare economist Paul Keckley says the upholding of President Obama's healthcare reform bill might mean biotech companies will be less likely to invest in research and development......
FACTBOX: The iPhone redefines the economy
June 29 - The iPhone, launched in June 2007, is lauded as the most revolutionary product in history. Its astounding success has catapulted Apple into a $500 billion company and remade the economy......
U.S. Day Ahead: Back to the grind for Obama
President Obama better be enjoying his healthcare victory because come Friday its back to some grinding economic challenges......
EU leaders gather for family photo, but divisions remain over policy
June 28 - EU leaders gather at summit for family photo in a display of unity despite divisions over policy. Rough Cut (no reporter narration)......
Supreme Court upholds Obama healthcare law centerpiece
June 28 - The Supreme Court upholds the centerpiece of President Barack Obama's signature healthcare overhaul law. Deborah Lutterbeck reports......
Trading at Noon: Hospital stocks up; banks down
June 28 - Hospital stocks are sky-rocketing today following a health care ruling which upheld the individual mandate for ObamaCare......
Devices hurt by Obamacare, hospitals win: Kraws
Crystal Research analyst Jeff Kraws runs down the winners & losers from Obamacare and points out the reform bill will discourage pharma and biotech from creating new and innovative products......
"Obamacare" may mean less innovation, R&D: Keckley
Healthcare economist Paul Keckley says the upholding of President Obama's healthcare reform bill might mean biotech companies will be less likely to invest in research and development......
Breakingviews: Did Barclays leave blood in its wake?
June 28 - Antony Currie and Breakingviews columnists discuss who may have been hurt by the UK banks Libor lies......
The Supreme Court's Obamacare ruling in plain English
June 28 - Chief Justice Roberts move to support Obamacare was very unexpected, according to SCOTUSblog constitutional lawyer Kevin Russell......
Europe Day Ahead: EU leaders too divided to agree
June 28 - Divisions among Europe's leaders dash hopes of substantive action from the EU summit to tackle the debt crisis......
London hotels Olympics dream fades
June 28 - London hotels are slashing prices after misjudging demand from overseas visitors coming to London for the Olympic games. Hayley Platt reports......
Shares slide as EU summit hopes dim
June 28 - Shares fall and the euro hits a three-week low as divisions among European leaders dash hopes of urgent measure to tackle the region's debt crisis. Jamie McGeever reports.....
LIGHTNING ROUND: Market uncertainty could last years
June 28 - NYSE trader Alan Valdes says U.S. equity markets will be on hold this summer and that it might take years before uncertainty is worked out enough for stocks to hit new highs.....
Market Pulse: Groundhog Day as EU summit set to disappoint
June 28 - Economists say little beyond another "road map" is expected as European leaders gather in Brussels for a much-heralded summit......
Libor loses credibility, may not be worth saving
June 28 - The scandal of manipulation of the Libor rate by Barclays goes beyond simple market misdeeds. It's likely to hasten a fundamental reform in the way banks do business with each other......
Witness: Mongolians have their say at the polls
June 28 - With its vast natural resources, Mongolia is tempting investors from China to Russia and the U.S. But is the wealth trickling down to the people? Max Duncan reports from the polling stations......
Breakingviews: Is Libor worth saving?
June 28 - The repercussions of the Libor-fixing scandal go far beyond Barclays and CEO Bob Diamond......
Reuters Today: Big euro night for Germany...on and off field
June 28 - As Germany goes on the offensive in tonight's European Championship football semi-final, German chancellor Angela Merkel will be on the defensive at the latest make-or-break EU summit......
Felda's first-day pop won't open IPO floodgates
June 28 - Malaysian palm oil producer Felda Global's dazzling debut doesn't represent a turning point in a dismal year for Asian IPOs, say strategists......
Breakingviews: The real Hong Kong handover
Breakingviews' Richard Beales......
U.S. Morning Call: Losses at JPM expected to be $6-7 bln
June 28 - JPMorgan's Jamie Dimon faces more scrutiny after a NYT report says the bank's trading loss could hit $9 billion......
Summer vacation relief at the pump
June 27 - Global woes are helping keep energy prices low this summer, and Exxon Mobil CEO Rex Tillerson says there is room for them to go lower. Bobbi Rebell reports......
Housing opens door for stock rally
June 27 - Summary of business headlines: Wall Street climbs for a second day as pending home sales and orders for durable goods ease fears of a slowing U.S. economy; Google unveils tablet in a crowded field unable to defeat the iPad. Conway G. Gitten.....
Bob Diamond will receive 20 million if he resigns from Barclays
Bob Diamond, the chief executive of Barclays, could walk away with a severance package worth more than 20 million as pressure grows for him to step down.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d2572e/mf.....
RBS and Lloyds facing criminal inquiry over rate-rigging scandal
Royal Bank of Scotland and Lloyds have been accused of systematically rigging financial markets in a growing international scandal which wiped billions off the value of shares in Britain's biggest banks.<img width='1' height='1' src='http://telegr.....
Gaps in bank law our fault, says Labour peer
A Labour peer admitted that it was "our fault" that bankers may escape criminal prosecution over the interest rate scandal.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d250d4/mf.gif' border='0'/><br/&g.....
Banks scandal: 'Use millions in bank fines to cut taxes', says Osborne
George Osborne said that millions of pounds in fines levied on "greedy" and "irresponsible" banks should be used to cut taxes for households.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d25730/mf.gif' border.....
After the dark days of Fred the Shred, RBS's name is again mud
Fred Goodwin had become the nation's favourite punchbag in October 2008 as the Royal Bank of Scotland came close to collapse.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d25731/mf.gif' border='0'/>.....
Glencore finance chief moves 200m of shares
Glencore's finance director has moved shares worth 200m into trusts, at least one of which is based in Cayman Islands, as the commodity giant's merger with Xstrata stands on the verge of unravelling.<img width='1' height='1' src='http://telegraph......
Banks must use this scandal to refocus on their responsibility to society
The Libor scandal feels like the wave of outrage against the tobacco industry in the 1990s.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d250d3/mf.gif' border='0'/><br/><br/><a href="http://.....
Banks face ban from selling interest rate swaps
Banks will be banned from selling interest rate swaps to small businesses as part of a settlement package to be announced by the Financial Services Authority (FSA), which could see lenders make large compensation payments to firms mis-sold complex de.....
Bob Diamond: Barclays falsified Libor to protect bank during financial crisis
Barclays chief executive Bob Diamond has admitted for the first time that the bank made a conscious decision to falsify Libor rates in order to protect the bank at the height of the financial crisis.<img width='1' height='1' src='http://telegraph......
Bob Diamond condemns 'wholly inappropriate behaviour' of Barclays Libor traders
Barclays chief Bob Diamond has said that all employees involved in the Libor scandal face being sacked or having their remuneration clawed back, as he spoke out for the first time since the bank was fined 290m over the rate-rigging scandal.<img wi.....
Debt crisis: live
IMF will send representatives to Athens early next week to discuss programme and listen to ideas on changes, as Germany's finance minister says Berlin is willing to negotiate on eurobonds but must have fiscal union as a pre-condition.<img width='1.....
After Barclays, the golden age of finance is dead
If the City is shackled, Britain as a whole will suffer, says Jeremy Warner<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d247b2/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.c.....
Letter from Barclays chief Bob Diamond to Andrew Tyrie
Barclays chief executive Bob Diamond has spoken out for the first time since the bank was fined 290m over its role in manipulating the Libor rate, insisting in an open letter that "all appropriate options will be pursued for those who have a case to .....
Morgan Stanley and Prudential buy in to Veolia
An infrastructure fund owned by London-listed insurer Prudential and US bank Morgan Stanley has bought a 90pc stake in Veolia's regulated water businesses for 1.2bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Water stocks buoyed by deal as banks sink
As the Libor scandal sent banks sinking to the bottom of a gloomy FTSE, water stocks bobbed up to the top - their defensive appeal buoyed by another deal in the sector.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Crippling the banks will only make things worse
Telegraph View: The City creates jobs and wealth that would be missed if lost<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d1ab64/mf.gif' border='0'/>.....
Banks face crippling Libor litigation costs
Britain's banks face costs running into tens of billions of pounds from the Libor scandal if US litigants prove they were the victims of four years of mispricing, City experts have warned.<img width='1' height='1' src='http://telegraph.feedsportal.....
Debenhams beats forecasts despite wet weather
UK's second largest department store group showed its resilience in the downturn by beating forecasts for quarterly underlying sales and winning market share despite heavy rain.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Debt crisis: France and Germany clash at euro summit
Franois Hollande and Angela Merkel have clashed over calls from Italy and Spain for urgent European Union action to relieve their borrowing costs, after their pleas were dismissed as "scaremongering" by allies of the German chancellor.<img width='.....
BBA calls for Government review of Libor powers
Responsibility for overseeing how the world's benchmark bank borrowing rate is set should fall to the Government, the British Banking Association has claimed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d12d.....
Banks facing criminal inquiry over rate-rigging scandal
Britain's biggest banks facing the threat of a criminal investigation tonight over the rate-rigging scandal that has already seen billions wiped off shares and Barclays fined 290 million.<img width='1' height='1' src='http://telegraph.feedsportal......
Barclays sketch: MPs show a 'light touch' of amnesia
Michael Deacon watches George Osborne lead a debate in which Conservatives and Labour blame each other for the Barclays scandal.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20d0bfe3/mf.gif' border='0'/><.....
Barclays Libor scandal: as it happened - June 28, 2012
David Cameron says Barclays has "serious questions to answer" over Libor fixing and George Osborne describes the scandal as a "shocking indictment" of the banks amid calls for the bank's chief executive Bob Diamond to resign.<img width='1' height=.....
Rupert Murdoch steps back from newspapers but 'not because of hacking'
Rupert Murdoch has formally distanced himself from his disgraced newspaper business but claimed the move has "nothing whatsoever" with phone hacking at the News of the World.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Barclays Libor scandal: live
David Cameron says Barclays has "serious questions to answer" over Libor fixing and George Osborne describes the scandal as a "shocking indictment" of the banks amid calls for the bank's chief executive Bob Diamond to resign.<img width='1' height=.....
