Accountants are braced for attack over bank audits
The Parliamentary Commission on Banking Standards is expected to place yet more pressure on the mark-to-market model.....
Ex-Goldman partners plan launch of private equity megafund
DMC Partners is poised to raise one of the largest developing market-focused funds currently on offer to investors.....
NYSE explores private sale of technology unit
The operator of the New York Stock Exchange has had discussions with at least two parties regarding a private sale.....
Podimata vows to fight as FTT row turns toxic
A key architect of the European tax on financial transactions has vowed to defend the proposal in the face of a barrage of opposition.....
Bank brands are finance and values compatible? Part 1
As the financial industry struggles to repair its damaged reputation, FN examines how two banks, tarnished in different ways by the credit crunch, attempt to put their corporate ethos into action.....
Bank brands are finance and values compatible? Part 2
As the financial industry struggles to repair its damaged reputation, FN examines how two banks, tarnished in different ways by the credit crunch, attempt to put their corporate ethos into action.....
Banks join legislators in regulatory stand-off
Normally financial regulators issue bland statements of accord wearing smiles of concord, but not anymore.....
Alberta plots London move as Canadian influx goes on
Alberta Investment Management Corporation is the latest Canadian private equity fund to open an office in London.....
Webb takes pension relief plan off the table
UK pensions minister rules out further measures to relax pension scheme funding rules to offset the effects of quantitative easing.....
Derhalli readies new trading platform
The former global head of equity trading at Deutsche Bank is readying the launch of a new financial trading platform called MarketSpringpad.....
Advent investors face profit payback
US private equity group faces having to claw back up to €80m from investors and partners following Bulgarian arbitration court ruling.....
Primark helps Dhaka factory victims
Primark says it will pay compensation and offer emergency food aid to victims of the Bangladesh factory collapse who worked for its supplier......
Benefits move from weekly to monthly
A massive shake-up in the UK benefits system starts on Monday, with the first claims being made for a new universal credit payment......
Greggs bakery in profits warning
High Street bakery Greggs warns of lower than expected profits this year after reporting a fall in underlying sales......
China 'becomes biggest PC market'
China overtakes the US as the world's biggest market for personal computers, according to a market data report......
Lloyds to sell Spanish retail units
Lloyds Banking Group agrees to sell its Spanish retail banking business to Banco Sabadell in exchange for a 1.8% stake in the Spanish bank......
Google Now service comes to iPhone
The Google Now service - which aims to anticipate searches by offering information before it is asked for - extends to Apple's iOS devices......
Wall Street Market Report
Wall Street Market Report.....
Pinewood studios to expand to US
Renowned UK film studio Pinewood Shepperton announces plans to build its first US studios near Atlanta, Georgia......
London fuels house price divide
The contrast between rising house prices in London and falling prices elsewhere continues to grow, figures from the Land Registry show......
Santander chief Saenz steps down
Santander's chief executive Alfredo Saenz steps down after a legal battle, and is replaced by Javier Marin......
MPs question infrastructure spending
MPs on the Public Accounts Committee question whether the government's 310bn infrastructure spending plans are 'credible'......
High-frequency traders face limits
EBS, one of the major currency trading platforms, is to talk to clients about putting "speed limits" on high-frequency trading......
Chrysler pulls down Fiat profits
The third largest US carmaker Chrysler's first-quarter net profits fall 65%, resulting in a sharp fall in profits for majority owner Fiat......
Italy must focus on growth, says PM
Italy's new prime minister says growth policies must be urgently adopted to counter an austerity drive under which the country is "dying"......
US consumer spending beats forecasts
US consumer spending unexpectedly rose in March, up 0.2% on the month, but growth was slower than in the first two months of the year......
EU to ban pesticides in bee scare
The European Commission will restrict the use of pesticides linked to bee deaths by researchers, despite a split among EU states on the issue......
Rentokil sells City Link for 1
Pest control company Rentokil offloads its parcel delivery firm City Link for 1, after five years of substantial losses......
Balfour Beatty in profit warning
Shares in Balfour Beatty fall 9.5% after the UK's largest construction firm warns that difficult UK trading conditions will hit profits......
Bayer to buy Conceptus in $1bn deal
Germany's Bayer plans to buy US contraceptive maker Conceptus as it attempts to increase its range of female healthcare products......
Eurozone economic mood falls again
A fall in confidence in the eurozone economies for a second consecutive month in April increases the likelihood of a cut in interest rates later this week......
Rich elderly 'should shun benefits'
Wealthy elderly people who do not need benefit payments to help with fuel bills or free travel should voluntarily give the money back, Iain Duncan Smith says......
Ban zero hours contracts - Burnham
Labour leader Ed Miliband should promise to outlaw "zero hours contracts," says shadow cabinet minister Andy Burnham......
Lending to firms 'to rise in 2013'
Bank lending to UK businesses will rise in 2013, the first increase in four years, the Ernst & Young Item Club predicts......
Google acquires news stream Wavii
Google acquires Wavii, a service that offer customised news streams to users, for roughly $30m (18m) in cash......
VIDEO: UK's biggest taxpayer on tax morality
Newsnight's Emily Maitlis meets John Caudwell, founder of Phones4U, to ask if tax should be a matter for your social conscience......
VIDEO: Austerity 'has led to suicides'
A group of researchers from Oxford University claims that austerity measures in Europe and North America are having a devastating effect on health, including increased levels of suicide and depression......
VIDEO: EU to ban pesticides in bee scare
A vote in the EU has paved the way for the European Commission to restrict the use of pesticides linked to bee deaths in scientific studies......
VIDEO: Are SMS texts on the way out?
Instant messaging on chat apps has overtaken the traditional SMS text message for the first time, according to research firm Informa......
AUDIO: Care homes 'at risk of going bust'
Last year 67 care home businesses went bust compared to 28 cases in 2008. Stephen Grant from accountancy firm Wilkins Kennedy said some people go into the business "to make an easy buck"......
VIDEO: Italy's new coalition targets economy
Italy's new Prime Minister Enrico Letta says his broad coalition will work to heal the nation's finances while encouraging economic growth......
VIDEO: Greek MPs vote through mass job cuts
The Greek parliament has passed a bill which will see 15,000 state employees lose their jobs by the end of next year......
VIDEO: Does handwriting analysis stand up?
Hugh Scofield has his handwriting analysed by one of France's leading graphologists......
The US food firm spicing up exports
US spice company shares its recipe for success.....
Chat apps mount challenge to Facebook
The Asian chat apps overtaking texts and tweets.....
U.S. Day Ahead: Doomsday scenario for McGraw-Hill
Apr 29 - Analysts are growing more pessimistic of S&P Ratings owner, McGraw-Hill, ahead of its earnings on Tuesday......
Techquity: Google steps up battle with Apple's Siri
April 29 - Google enters Apple's turf with its voice app, plus Amazon's latest headache in Europe and more......
Daily Digit: $21 bln shopping bill
April 29 - Americans spent $21 billion more in March than in February, mostly on heating bills, the increase of only 0.2 percent points to sluggish growth in consumer spending. Conway G. Gittens reports......
Italy's Letta starts work with call for growth
April 19 - New Italian Prime Minister Enrico Letta has called for growth in his first speech to parliament. While investors have welcomed the arrival of his coalition government, Joanna Partridge takes a look at the severe political and economic prob.....
Breakingviews: Desirable iOUs?
April 29 - Breakingviews columnists discuss Apple's plans to fund shareholder payouts partly with debt issuance that could run to a bank-like $20 bln a year......
EU bans pesticides over bee fears
April 29 - Europe has voted to ban three of the world's most widely used chemicals for two years after EU scientists said there were links to the decline in bee populations, crucial to the pollination of crops. Joanne Nicholson reports......
Trading at Noon: Apple eyes first debt sale ever
Apr 29 - Apple lays the groundwork for what would be one of the most anticipated bond sales of the year......
Did cocaine cause the financial crisis?
Aprip 29 - With former UK drugs tsar Professor David Nutt blaming cocaine use for fuelling the financial crisis, Nigel Hilditch asks whether this was really the case. He speaks to a former stockbroker and behavioural anthropologist to discover how ba.....
Time for new markets: luxury watch makers look beyond China
April 29 - Luxury watch sales slow as China's growth engine appears to be losing steam. Hayley Platt asks the CEO of Digital Luxury Group where market focus is moving......
Care-O-Bot, the future of home help for seniors
April 29 - Scientists at Germany's Fraunhofer Institute in Stuttgart have unveiled a third generation robot prototype, designed to assist the elderly in their homes. The 'Care-o-bot 3' is equipped to detect, grasp and carry ordinary household objects.....
Europe Day Ahead: Banks Results - Round 2
April 29 - Tuesdays a big day for banks with Deutsche, UBS & Lloyds reporting in tough conditions; and, will tomorrows euro zone inflation number boost the case for an ECB rate cut?.....
Santander claims title as Europe's "smartest" city
April 29 - As the centrepiece of an ambitious experiment to make cities more efficient and easier to live in, Santander in Spain is being hailed as the smartest in Europe. With thousands of near-field sensors installed throughout the city, Santander .....
Greek lawmakers approve more austerity
April 29 - Greece agrees to cut 15,000 public sector jobs in order to access 8.8 billion euros of rescue loans from the European Union and the International Monetary Fund. Joanne Nicholson reports......
Did cocaine cause the financial crisis?
April 29 - With former UK drugs tsar Professor David Nutt blaming cocaine use for fuelling the financial crisis, Nigel Hilditch asks whether this was really the case. He speaks to a former stockbroker and behavioural anthropologist to discover how ba.....
Wealth Strategies: Few sectors look as strong as housing
Apr. 29 - Brad Friedlander, manager of the Angel Oak Multi Strategy Income Fund, says non-agency mortgage bonds are undervalued and will receive a boost as the housing market continues its recovery......
U.S. Morning Call: Will Chrysler escape the Europe scourge?
Apr 29 - Fiat-owned Chrysler reports results today, and analysts want to know if falling sales in Europe will impact the bottom-line, as they did for rival Ford......
Market Pulse: Italy leads European bond and stock rally
April 29 - Italy pays the lowest bond yields at auction since Oct. 2010, as a new government emerges from 2 months of limbo to fuel a European stock and bond rally. Plus, a shock UK corporate profit warning......
China's mouthpiece raises a new building ... and eyebrows
The distinctive new headquarters of China's official newspaper have sparked some cheeky online chatter, as Anita Li reports - and the country's censors aren't pleased......
Reuters Breakingviews: ECB's rate cut no-brainer
Breakingviews......
Piaget CEO sees promise in China despite bling backlash
April 29 - China's crackdown on conspicuous consumption has rattled the luxury sector, but has yet to dent the sales or expansion plans of high-end watchmaker Piaget, says CEO Philippe Leopold-Metzger......
Reuters Today: Market look for central bank largesse
April 29 - Investors count on easy money from central banks to offset risk of further economic data disappointment......
The waiting is over as new government takes over in Italy
April 28 - With pomp and ceremony a new Italian government is sworn in more than two months after the election. Deborah Lutterbeck reports......
Japan tests Dreamliner after ban
April 28 - Japan's All Nippon Airways tests its first Boeing 787 Dreamliner since overheating batteries forced the fleet grounded worldwide. Lindsey Parietti reports......
Can shale gas bring the same benefits as North Sea oil? Only one way to find out
Slowly but surely, the fracking lobby is winning the argument, and about time too.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b510b39/mf.gif' border='0'/><div class='mf-viral'><table border='0'&g.....
Royal Mail privatisation looks like a blitzkrieg strategy
Business Minister Michael Fallon begins Government's proposed sale of Royal Mail.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b511995/mf.gif' border='0'/><div class='mf-viral'><table border='0'>.....
Italian showdown with Germany as Enrico Letta rejects 'death by austerity'
Italy's new premier Enrico Letta is on a collision course with Germany after vowing to end death by austerity, and warned that Europe itself faces a "crisis of legitimacy" unless it charges course.<img width='1' height='1' src='http://telegraph.fe.....
Barclays wins Libor appeal in 70m mis-selling case
Barclays has won the right to try to dismiss the first attempt to bring it to court over its alleged rigging of Libor interest rates.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b51199a/mf.gif' border='0'/>.....
Bangladesh factory collapse: Primark to pay compensation
Primark, the "fast-fashion" chain, is to pay compensation to victims of the clothing factory collapse who worked for its supplier.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b5111da/mf.gif' border='0'/>&l.....
Primark pledges to compensate victims of Bangladesh factory horror
Primark, the "fast-fashion" chain, has promised to compensate victims of a deadly building collapse who worked for its supplier.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b50fa00/mf.gif' border='0'/><.....
Whitbread plans new hotels with smaller rooms
Whitbread has been testing smaller rooms at its Premier Inn hotels in big cities amid expectations the leisure giant will soon roll out a second budget hotel brand.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Fresnillo untarnished by metals rout
The miner placed about 19.6m shares with one of its biggest investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b50fa06/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr>.....
FIG backs fitness plan with financial muscle
Doug Higgins explains how his novel idea for training equipment was realised thanks to Find Invest Grow, an uncoventional venture capital group.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b50fa07/mf.gif' bor.....
Growth proves elusive for small businesses
Fewer businesses are flagging distress signals or experiencing funding difficulties - but more are finding growth elusive.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b503181/mf.gif' border='0'/><div cl.....
Italian PM Enrico Letta urges move from austerity to growth
Italy's new Prime Minister Enrico Letta pledged to push for a change to the European Union's focus on austerity and pursue growth and jobs in an inaugural speech on Monday laying out the priorities for his coalition government.<img width='1' heigh.....
British smartphone app Shazam appoints American CEO for IPO
Rich Riley, a former senior Yahoo! executive, takes the helm to court TV television advertising industry.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b504bdc/mf.gif' border='0'/><div class='mf-viral'>.....
Rentokil Initial sells City Link for 1
Rentokil Initial has sold its "problem child" City Link parcels business for a nominal sum of 1 to Jon Moulton's private equity group, Better Capital, following five turbulent years of losses.<img width='1' height='1' src='http://telegraph.feedspo.....
Business news and markets: as it happened - April 29, 2013
Italy's new Prime Minister Enrico Letta has warned that the country will "die of fiscal consolidation alone", as he presented his reforms to parliament for the first time since taking power, with the focus now on immediately reviving the economy.<.....
Business news and markets: live
Italy's new Prime Minister Enrico Letta has warned that the country will "die of fiscal consolidation alone", as he presented his reforms to parliament for the first time since taking power, with the focus now on immediately reviving the economy.<.....
S&P sees deepening house slump in Spain, France and Holland
Spanish house prices are to fall a further 13pc by the end of next year as the authorities flood the market with a backlog of repossessed properties, Standard and Poor's has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Alfredo Saenz to collect 74m on stepping down from Santander
Alfredo Saenz, chief executive of Santander, will collect 88m (74m) in a lump sum from Spain's biggest bank after quitting amid fresh questions about a four-year-old criminal conviction.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
One in five over-55s wants to downsize
Homeowners plan to move to smaller homes over the next five years due to unaffordable property running costs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b4f650e/mf.gif' border='0'/><div class='mf-viral.....
BP rapped for serious safety breaches that risked lives in North Sea leak
Oil and gas leak could have killed North Sea workers, Norwegian regulator finds.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b4f745d/mf.gif' border='0'/><div class='mf-viral'><table border='0'>.....
George Osborne unveils tax breaks for creative industries
Britain is the place to create hit shows and animations, Chancellor George Osborne says as he launches tax relief for the creative industries,<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b4e33b7/mf.gif' borde.....
How well do you know your banknotes?
Day-in, day-out you deal with them - hand them over shop counters, retrieve them from the washing machine, marvel at getting crisp new ones from the hole in the wall - but how well do you really know your banknotes? Can you name the historical figure.....
Alfredo Saenz resigns as Santander chief executive
Alfredo Saenz, who has been dogged for years by a criminal conviction relating to a debt-recovery case, has resigned as chief executive of Santander, the Spanish bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
New build house prices rise by 12pc
New build house prices have risen at a faster rate over the last five years than property prices generally, according to Halifax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b4d434f/mf.gif' border='0'/><.....
Cost of austerity measures is poor health
Recession-driven austerity measures aren't just bad for your wealth - they're harming your health, according to Oxford and Stanford study on after-effects of the financial crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
O2 and BT make new links with 4G deal
O2 will pay BT hundreds of millions of pounds to bolster its network for 4G.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b4c2788/mf.gif' border='0'/><div class='mf-viral'><table border='0'><.....
