Rothschild scion launches new UK merchant bank
New launch stirs memories of iconic banks that were subsumed after the City's 1986 Big Bang.....
LSE reconnects small-caps to its phone-broked market
The London Stock Exchange will today finish consulting with marketmakers on proposals to transfer nearly 200 stocks from its main electronic platform.....
Banking buzzwords in abundance
Catchphrases and jargon were conspicuous in fourth quarter bank results presentations.....
IMA moves to calm anger over FSA conflicts demand
The regulator has given firms until the end of this month to sign a blanket pledge that all conflicts of interest, known and in the future, are being managed effectively.....
The rise of no-touch trading at Barclays
The bank has set out plans to increase the percentage of no-touch trading volumes that pass through its electronic fixed-income trading platform Barx.....
Hedge funds gear up for bigger activist assault
Activist funds were some of last year's best performers.....
Watchdog warns of energy bill rises
Consumers face higher energy bills as the UK becomes more reliant on imports, the chief of the energy watchdog warns......
BHP Billiton boss Kloppers to retire
Mining giant BHP Billiton says its chief executive Marius Kloppers will retire in May, and will be replaced by Andrew Mackenzie......
Dell sales fall ahead of buyout
Computer maker Dell reports a drop in sales but its earnings still beat expectations, in what could be its last set of results as a public company......
Nestle finds horsemeat in beef meals
The world's biggest food company, Nestle, has removed beef pasta meals from shelves in Italy and Spain after tests revealed traces of horse DNA......
Lloyds fined for PPI payment delay
Lloyds Banking Group is fined 4.3m for delaying compensation payments to 140,000 customers over Payment Protection Insurance (PPI) mis-selling......
Cameron calls for faster RBS reform
The Prime Minister, David Cameron, calls on Royal Bank of Scotland to speed up the overhaul of its business......
OECD economies decline by 0.2%
The Organisation for Economic Co-operation and Development's economies shrank by 0.2% in the last quarter of 2012, dragged down by the eurozone crisis......
London Market Report
The FTSE 100 closes higher, but shares in mobile operator Vodafone fall 2% following a broker downgrade.....
BMW recalls 720,000 cars worldwide
German carmaker BMW recalls 720,000 cars, mostly in North America, over potential electrical problems that may cause unexpected stalling......
High Street vacancies 'stabilise'
The percentage of shops lying empty in the UK's High Streets and shopping centres stabilised last year, a report says......
Tax deal targets offshore evaders
A new agreement between the UK Treasury and the Isle of Man aims to clamp down on tax evaders and may net hundreds of millions of pounds......
Major call centre operator sold
One of Scotland's biggest call centre employers, HEROtsc, is sold by its Indian owner to Paris-based Webhelp Group......
Obama warns 'cuts mean job losses'
US President Barack Obama warns that deep, across-the-board spending cuts due to take effect next month would cause job losses and must be averted......
Debit cards 'to give way to phones'
The use of debit cards could decline within the next eight years, says the UK Payments Council, as we start to make payments by mobile phone......
New BoE deputy governor is named
Andrew Bailey is to be a deputy governor of The Bank of England from 1 April, taking charge of making sure banks do not take on too much risk......
Danone to cut 900 jobs in Europe
French food and drink company Danone says it will cut 900 jobs after weakness in southern European economies hit sales......
Name and shame tax avoiders, MPs say
Tax avoiders should be named and shamed to discourage the rich from using legal loopholes to avoid paying their fair share, a spending watchdog says......
Police call for ticket resale laws
The Metropolitan Police calls on the government to introduce legislation around the resale of tickets to gigs and sports events......
Germany 'likely to avoid recession'
Germany will avoid recession and return to growth in the first quarter of 2013, the country's central bank says......
Thai economic recovery picks up pace
Thailand's economic growth exceeds expectations in the last three months of 2012 as it continues to recover from the previous year's devastating floods......
Novartis scraps payment to chairman
Swiss drugs firm Novartis agrees with its departing chairman Daniel Vasella to scrap a scheme that could have paid him 72m Swiss francs over six years......
Biomass news boosts Drax shares
Shares in power company Drax rise after it says it has made rapid progress in its plans to switch to using biomass fuel......
Mortgage lending jumps 35% at Leeds
Leeds Building Society sees mortgage lending jump and profits rise in 2012 despite "challenging" economic conditions......
World Cup to use goal-line system
Fifa says goal-line technology will be used at the 2014 World Cup in Brazil, after successful Club World Cup trial......
China bans footballers for fixing
China's football authorities ban 33 players and officials for life and strip Shanghai Shenhua of league title after investigation......
Latest Harris Pompey bid rejected
Football financier Keith Harris's revised bid for Portsmouth Football Club is rejected by the Football League......
AUDIO: Should tax avoiders be named?
ACCA's head of taxation told 5 live that he wondered where the line would be drawn on naming and shaming tax avoiders......
VIDEO: Miliband seeks Nordic inspiration
Ed Miliband has said people's living standards are going to be a key battle ground in the next general election......
VIDEO: Price rise warning for energy customers
Energy customers are being warned about future prise rises as the UK becomes increasingly reliant on gas imports......
VIDEO: Lloyds fined over PPI delay
Lloyds Banking Group has been fined 4.3m for delaying compensation to customers who were mis-sold Payment Protection Insurance (PPI)......
AUDIO: Energy rebuild 'could cost consumers'
Speaking to Today presenter James Naughtie Charles Hendry MP, former energy minister, explained that "we do need to rebuild our energy infrastructure... if we are going to keep the lights on.".....
VIDEO: Cameron backs 'brilliant' Westland
Prime Minister David Cameron says AgustaWestland is a "brilliant" company and that a bribery scandal is a matter for its owner, Italy's Finmeccanica......
VIDEO: Football India's 'fastest growing sport'
The Premier League's chief executive Richard Scudamore is in India with David Cameron, on what Downing Street says is the largest trade delegation taken on an overseas trip by a UK prime minister......
VIDEO: Backstage at London Fashion Week
More than 5,000 fashion designers, bloggers, photographers, models and buyers are expected to attend the 80-plus shows at London Fashion Week......
How does illegal sports betting work?
How does illegal sports betting work and what are the fears?.....
Could we all soon own a drone?
Soon we could all have one.....
Do Man Utd really have 659m supporters?
Does Manchester United really have 659m followers?.....
U.S. Day Ahead: Herbalife aims to calm concerns in call
Feb. 19 - Herbalife will hold an earnings conference call tomorrow morning after the nutritional supplement-maker reported record fourth-quarter results and raised its guidance for 2013......
Techquity: Apple hacked, Google hits another high
Feb 19 - Apple says it was hacked while Google rises as European regulators consider a huge fine for the search giant......
Cracking the code of rhino poaching
A team of academics are building a mathematical model they hope will shed light on the complexities surrounding the illegal trade of rhino horns. The team believe their equations will provide policy-makers and conservationists a clearer path on how t.....
Smoke screen technology offered as answer to school shootings
WARNING - The following story includes footage of flashing strobe lights that some viewers may find disturbing. Feb. 19 - A British company is offering what it says is a practical solution to America's problem with gun violence in schools. The compan.....
Match fixing tarnishes the beautiful game
Feb. 19 - The betting intelligence company Sportradar, which works with UEFA, has detected that up to one percent of soccer matches in Europe could be fixed. It also says illegal gambling could spread into other sports - as technology encourages live.....
Trading at Noon: Office Max, Office Depot soar on M&A
Feb 19 - Office supply stores Office Max and Office Depot are up over 25 pct on merger talks......
Hundreds of companies at risk of cyber hacking: Mandiant
Feb. 19 - Mandiant's Grady Summers says a unit of China's Peoples Liberation Army is responsible for hacking into intellectual property of hundreds of U.S. companies......
Breakingviews: Office supplies and demand
Feb 19 - Jeffrey Goldfarb talks to Breakingviews columnists about why merging OfficeMax and Office Depot makes good sense in an era of ever-growing threats to specialized retailers......
Europe Day Ahead: Bank of England to keep calm, carry on
Feb. 19 - Bank of England minutes are expected to show no change of heart among policymakers, while tomorrows economic data may give cautious grounds for optimism in Europe......
Horsemeat scandal hits Nestle pasta meals
Feb. 19 - Nestle, the world's biggest food company, has removed beef pasta meals from sale in Italy and Spain after finding traces of horse DNA. Sonia Legg reports......
3XSQ: Security group suspects Chinese military of hacking
Feb 19 - A secretive Chinese military unit is believed to be behind a series of hacking attacks, a U.S. computer security company said......
Factbox: The Rough Guide to the Italian Election
Feb. 19 - Italy goes to the polls on February 24th/ 25th in what promises to be a knife-edge election. The result is likely to have major implications for the entire euro zone......
Breakingviews: EU bonus caps wont tackle excess pay
Breakingviews......
Is this China's hacker headquarters?
Feb. 19 - U.S. security firm Mandiant has pinpointed a nondescript building in Shanghai as the site of a rash of hacking attacks against U.S. targets - a claim China has dismissed. Jane Lee reports......
Deja vu: HTC launches new super-phone, but will it sell?
Jon Gordon explains......
Hong Kong's 'magic kingdom' finally spins gold
Feb. 19 - Seven years after it opened, China's first Disneyland resort is at last marching out of the red -- but it's also about to brave more competition. Tara Joseph reports......
Reuters Today: BoJ appointment delay fans talk of friction
Feb. 19 - Japans government has delayed nominating a Bank of Japan governor, prompting talk of friction at the top over who should be tasked with carrying out policies to kickstart Japans economy.....
Reuters Today: BoJ appointment delay fans talk of friction
Feb. 19 - Japans government has delayed nominating a Bank of Japan governor, prompting talk of friction at the top over who should be tasked with carrying out policies to kickstart Japans economy......
U.S. Morning Call: Office Depot, OfficeMax in merger talks
Feb 19 - Office Depot is in advanced talks to merge with smaller rival OfficeMax and a deal could come as early as this week......
Hundreds of Iberia flights cancelled over strike
Feb. 19 - Over 200 Iberia flights have been cancelled on the second day of a five-day strike against restructuring plans that could result in the loss of over 3000 jobs for the Spanish flag-carrier. ROUGH-CUT (No reporter narration)......
Market Pulse: Vive la France! Or core no more?
Feb. 19 - France will barely grow this year and Paris will miss its deficit targets. Yet theres no shortage of demand for French bonds, thus supporting the euro. Plus, Danone shares surge......
Debt-stricken Europe battles for BRICS
Feb.18 - David Camerons trade delegation to India is the largest ever taken abroad by a British Prime Minister. But he faces stiff competition in the battle for business as Europes debt-stricken states compete with one another to tap into one of the .....
Japan presents - the incredible shrinking building
Feb. 19 - A construction company in Japan has developed a method of tearing down a building without the noise, smell or dust caused by conventional demolition. It's a novel but effective approach to deconstruction in densely built cities. Rob Muir re.....
Airport clashes as Iberia staff strike
Feb.18 - Workers at the troubled Spanish airline Iberia storm Barajas airport in Madrid as they begin a five-day strike in protest at planned cuts to jobs and salaries. Hayley Platt reports......
Europe Day Ahead
Feb. 18 - A look ahead to Tuesdays key events including results from Danone and Deutsche Post, as well as the latest German ZEW index......
BHP Billiton chief Marius Kloppers to retire, profits fall 43pc
FTSE 100 miner BHP Billiton has announced that chief executive Marius Kloppers will step down, with Andrew Mackenzie, the head of its base metals business, replacing him.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Britain 'on the brink' of energy crisis, warns regulator
Household bills likely to rise sharply within five years as Britain will come 'dangerously' near energy shortage, chief of Ofgem warns.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bd3f48/mf.gif' border='0'/&.....
4G auction winners to be revealed
The results of the biggest airwave auction Britain has ever seen are set to be announced on Wednesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bd37d2/mf.gif' border='0'/><br/><br/><a hr.....
Bob Dudley has resolved BP's future in Russia, next up: America
When Bob Dudley took over from Tony Hayward as BP chief executive in October 2010, his to-do list was a short one. But it was also daunting.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bd22b9/mf.gif' border=.....
Facebook hackers attack Apple
Apple computers were attacked by the same hackers who recently targeted Facebook, but no data appeared to have been stolen, the company said in an unprecedented admission of a widespread cyber-security breach.<img width='1' height='1' src='http://.....
China loves the US dollar again as America roars back
China's central bank has radically revised its view of US economic and strategic power, predicting that the dollar will remain the world's paramount reserve currency for decades to come.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
M&S turns to 'Best of British' for clothing revival
Marks & Spencer is to put British fashion at the heart of its plans to turnaround its ailing clothing division.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bbe0cb/mf.gif' border='0'/><br/><br.....
Banks have more than 9bn unfunded litigation bill
Britain's four largest banks face more than 9bn of losses as a result of pending legal actions, according to analysts at Credit Suisse.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bbdda9/mf.gif' border='0'/&.....
Weston family donate 65m to charity on back of Primark profits
The family behind Primark, Fortnum & Mason, and upmarket furniture store Heal's has given 65m to charity after a bumper year of profits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bbddaa/mf.gif' border=.....
Vodafone falls as FTSE 100 reaches new high
The blue-chip index hit its highest level since January 2008.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bbd880/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158364469.....
Bumi board on cusp of defeating Nat Rothschild
Bumi's board is on the brink of seeing off an attempt by financier Nat Rothschild to sack 12 of the company's 14 directors after winning the support of 2.17pc shareholder Standard Life Investments.<img width='1' height='1' src='http://telegraph.fe.....
Relaxing Chinese visa rules would put UK on 'path to growth'
Simplifying rules could be done at "no cost" to Treasury, says hotels chief.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bbd882/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal......
EE loses customers despite 4G headstart
When Britain's biggest mobile operator, EE, won the right to launch superfast 4G services ahead of its rivals, critics feared the head start would allow it to gobble up market share.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
CBI says bank pay curbs threaten UK financial stability
Europe's tough rules to curb bank pay "fly in the face" of efforts to stabilise the financial system and would also drastically limit shareholders' power over boards, the CBI has warned.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Europe's pay rules will backfire, warns CBI
Europe's tough rules to curb bank pay "fly in the face" of efforts to stabilise the financial system and would also drastically limit shareholders' power over boards, the CBI has warned.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Pendragon boosted by UK car demand while Europe's market slumps to record low
Strength in Britain's car market boosted new and used car dealer Pendragon while sales of new cars in Europe fell to the lowest level on record last month.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28bbd679/.....
City backs Ofgem's call to action on energy crisis
Business leaders and consumer groups have echoed warnings from Ofgem that Britain is facing an energy crisis of tight supplies and higher bills, and have united to demand more action from the Government.<img width='1' height='1' src='http://telegr.....
Electric cars will become common sight, says Transport Secretary Patrick McLoughlin
Electric cars are "fantastic" and will become a common sight on the roads, the Transport Secretary said, as he announced 37m of government funding to encourage take up of the technology.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
A wealth tax would be ethically wrong and economically destructive
It was John Maynard Keynes who put it best. "Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist," he wrote.<img width='1' height='1' src='http://telegraph.feed.....
'Bullying culture' blamed for horse meat crisis
Cattle producers have pinned the blame for the horse meat crisis on supermarkets and accused them of "short-sighted, price-led, purchasing tactics".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28ba5046/mf.gif'.....
Hollande urges French investment in Greece
Francois Hollande has pressed his pro-growth agenda in a visit to Greece, saying austerity alone is not enough to achieve fiscal reform, while urging French companies to invest in the debt-laden country.<img width='1' height='1' src='http://telegr.....
Government and Isle of Man in deal to stop offshore tax evasion
The Government has reached an agreement with the Isle of Man authorities to clamp down on offshore tax evasion.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28b996bb/mf.gif' border='0'/><br/><br/>.....
Tax evasion deal with Isle of Man
The Government has reached an agreement with the Isle of Man authorities to clamp down on off-shore tax evasion.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28b993bf/mf.gif' border='0'/><br/><br/&g.....
Boris Johnson tells EU: stop 'butting in' on bank bonuses
Boris Johnson has launched a scathing attack on EU plans to ban bank bonuses that exceed salaries, as he described the move as anti-competitive and a "threat to the fabric" of the City.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Richard Branson joins Bill Gates in giving away wealth
Sir Richard Branson is one of the latest batch of billionaires to pledge to donate at least half their wealth to philanthropic causes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28b952cb/mf.gif' border='0'/&g.....
