Hester to step down from RBS role
RBS chief executive Stephen Hester is to step down later this year with 12 months' pay and benefits worth 1.6m......
UK unemployment falls by 5,000
UK unemployment falls by 5,000 in the three months to April, partly reversing a recent upward trend, the Office for National Statistics says......
Facebook adds support for hashtags
Facebook is adding support for clickable hashtags to help users keep track of popular topics on the network, a move experts say may boost ad sales......
Network Rail told to cut 2bn costs
Network Rail is told by the rail regulator that it must find savings of 2bn over the next five years and improve punctuality on all routes......
Ofgem set to shake up energy market
Ofgem sets out new plans to "break the stranglehold" of the big six suppliers in the UK energy market......
Tenants face 'out of control' fees
Lettings agents in England charge tenants an average of 350 in fees on top of a deposit and up-front rent, a housing charity has said......
Libor change responds to scandal
A banking industry body is to change how the key Libor interest rate is set, in order to avoid a repeat of last year's rigging scandal......
Fall in UK wages 'unprecedented'
Wages have fallen more in real terms during the current economic downturn than ever before, according to a report......
Record rise in US oil production
A report by oil giant BP highlights that the US saw the largest single year increase in oil production ever recorded in 2012......
French strike grounds Europe flights
European travellers are facing further disruption because of a strike by French air traffic controllers over plans to create a single European airspace.....
Severn Trent down as bid date passes
Shares in UK water company Severn Trent fall as the deadline passed for a possible takeover bid by a Canadian-led consortium......
EU ups fight against tax evasion
The European Commission calls for greater information sharing by EU national governments in the fight against tax evasion......
'Name firms that mistreat consumers'
Regulators should name and shame businesses which fail to correct bad practices, a charity says, as planned new consumer protection laws are outlined......
Zara-owner Inditex sees weak growth
Zara-owner Inditex, the biggest fashion retailer in the world, posts its weakest profit growth in four years as cold weather in Europe delays consumer purchases......
Vodafone in German cable TV bid
Vodafone confirms it has approached Kabel Deutchland, Germany's biggest cable television company, for a bid thought to be worth 10bn euros......
Fightback as Greek broadcaster shut
Greek political parties and unions call for the reversal of a decision to shut state broadcaster ERT, but the government stands by its move......
Oil tycoon wife wins divorce ruling
The Supreme Court rules in favour of a Nigerian oil tycoon's wife, in a case that lawyers say could have significant implications for some wealthy divorcing couples......
Stone firm goes into administration
Caithness Stone industries, which supplied stone for the Scottish Parliament building, goes into administration......
Lloyds admits PPI shortcomings
Lloyds Bank admits shortcomings in its handling of complaints from customers who were victims of a major financial scandal......
'Green shoots' for UK housing market
UK house sales rose to their highest level for more than three years in the three months to May, surveyors say, with predictions of more to come......
Government boost for offshore wind
As the government offers 2m in grants to offshore wind innovation schemes, it also sets up a body to attract inward investment to the industry......
Over 10m children in domestic labour
A report by the International Labour Organization calls for new regulations to protect an estimated 10.5 million child domestic labourers worldwide......
British wheat crop 'down by third'
Britain's wheat harvest could be a third smaller than it was last year because of extreme weather conditions, the National Farmers' Union warns......
Messi accused of Spanish tax fraud
Spain investigates Barcelona and Argentina footballer Lionel Messi and his father for alleged tax fraud of 4m euros (3.4m) - a claim they deny......
SFL passes vote to merge with SPL
Scottish Football League clubs vote in favour of a proposed merger with the Scottish Premier League......
Offshore gambling hits horse racing
Horse racing was still worth 3.45bn to the UK economy in 2012 despite falling gambling revenues, a report has found......
VIDEO: Heathrow runway gets 20m makeover
More than 20m is being spent on re-laying the Heathrow's southern runway over the next six months......
VIDEO: Robert Peston learns how to paint
Robert Peston learns to paint on the North Downs in Kent, with the help of PM listener Linda Leroy......
VIDEO: Jersey: Battling the tax haven label
Jersey has agreed to become more transparent in an attempt to lose its label as a tax haven.....
VIDEO: Top 5 tips for starting a business
Young business owner, Jasmine Hetherington-Wilkes, shares her tips on starting your own business......
AUDIO: Today business round-up
The Today programme's business news with Simon Jack......
VIDEO: French air controllers on strike
Francois Ballestero, political secretary for civil aviation at the European Transport Workers' Federation explained why air-traffic controllers are striking.....
VIDEO: Finding work in tough economic times
In May, official data showed that unemployment across the UK had started to rise, with the notable exception of Scotland where the number of people out of work fell......
VIDEO: Ex-World Bank boss sees Japan risks
Robert Zoelick, former head of the World Bank warns that Japan's economy faces risks unless Tokyo undertakes major structural reforms......
New games controllers excite at E3
Do new controllers mean it's finally time to ditch the gamepad?.....
Bail out universities rather than banks?
Bail out universities not the banks?.....
What could 'they' know about me?
Who knows which websites I visited yesterday?.....
Who, what, why: Are tech goods cheaper in the US than the UK?
Why is the new Playstation cheaper in the US than the UK?.....
The world's best entrepreneurs?
The entrepreneur awards that descend upon Monte Carlo.....
Inventing the question to fit your answer
Online helpers find new uses for old inventions.....
As rates jump- the race home
June 12 - Despite another jump in mortgage rates, mortgage applications activity surged 5 percent- as buyers get off the sidelines to get in on the home market. Bobbi Rebell reports.....
U.S. Day Ahead: Retail sales could be better than expected
June 12 - Experts at IFR say consumers are likely shaking off the effects of austerity earlier than anticipated and shopping more in May......
Market turmoil more about perception than reality-columnists
Columnist James Saft say the turmoil investors are facing has more to do with perception than market fundamentals......
Techquity: HP is the best and fourth best, Google praised
Jun 12 - Hewlett-Packard rises again after positive comments from CEO Meg Whitman. The stock is one of the top performers in two indexes. Plus, Needham raises its price target on Google......
Refinancing jump is a rebound reaction - Trulia's Jed Kolko
June 12 - The jump in refinancing will not continue as rates head upward says Trulia's Chief Economist. He adds that tight inventories will keep mortgage applications in check as well. Bobbi Rebell reports......
Researcher gives new meaning to "table talk"
June 12 - Researchers at Carnegie Mellon University have developed an interactive touch interface that can be projected onto any flat surface. Called 'World Kit', the system is geared towards allowing users to interact with their environment in the s.....
Manager kings, ownerless companies
Longtime shareholder activist Robert A.G. Monks explains why companies are better off when they have engaged owners. Monks discusses his book Citizens DisUnited with Breakingviews Editor Rob Cox......
Gamers gear up for next epic battle
June 12 - Now that Sony and Microsoft have unveiled upgrades and pricing for their video game consoles one year after the lackluster launch of Nintendo's Wii U, the battle is now in the hands of gamers testing out the systems at the annual gaming con.....
Inditex and H&M feel the chill
June 12 - Cold weather in Europe is proving a problem for the world's largest fashion retailers. Zara owner Inditex and Hennes and Mauritz have both posted disappointing sales numbers. In contrast, as Joanna Partridge reports, business at British onl.....
Trading at Noon: 2013 IPO market best in years
expert Olivia Oran.....
Breakingviews: Fannie, Freddie investors get greedy
June 12 - Reynolds Holding and Antony Curry discuss why shareholders are bonkers for suing the U.S. government over the 2008 bailout that saved the two companies......
Daily Digit: $2.15 bln win for Pfizer
June 12 - Pfizer wins $2.15 billion settlement in long-running drug patent dispute. Conway G. Gittens reports......
Greece back in crisis after TV shutdown
June 12 - Thousands are protesting outside the headquarters of Greece's state broadcaster ERT over the government's decision to close it to cut costs. The news emerged as equity index provider MSCI lowered Greece to emerging market status. Joel Flynn.....
Europe Day Ahead: Europe Day Ahead: Troubled Turks, angry Greeks, volatile markets
June 12 - Turkeys unrest hits the two-week mark as protesters show no signs of backing down, and Greek unions call a strike after the government shuts down the state broadcaster. But market turmoil over QE is unnecessary, says one analyst......
In the Boardroom: the golden rules of mining
June 12 - Youre CEO of an Australian gold mining company, facing a painful transition to lower margins & weak investment as prices slump. What do you do? Lucy Marcus in Sydney asks Gavin Thomas, Kingsgate CEO......
U.S. Morning Call: Carlyle preparing U.S. real estate fund
Jun 12 - Carlyle Group is preparing to launch a U.S. real estate fund & hopes to raise as much as $4 billion, says the Wall Street Journal......
Daily Digit: Flood costs threaten growth
June 12 - Ratings agency Fitch as warned the cost of this month's flooding in Germany and the surrounding countries could be as high as 12 billion euros. As Joel Flynn reports the disaster could even impede growth in Europe's biggest economy......
Market Pulse: Emerging from the storm? Hold on to your hats!
June 12 - The Turkish lira and South African rand recover some ground. But more waves of selling and outflows may not be far away. Plus, two chunky European M&A deals - one flop, and one possible success......
Reuters Breakingviews: Markets gyrate on central bank attention
June 12 - Policymakers think strong asset markets and weak currencies equal growth, but their financially orientated policies just confuse, says Breakingviews......
Reuters Today: "Feedback loop" drives global equity selloff
June 12 - Investor jitters over central bank action (or inaction) push shares in Japan down and continue the global selloff in equities......
In the Boardroom: the golden rules of mining
June 12 - Youre CEO of an Australian gold mining company, facing a painful transition to lower margins & weak investment as prices slump. What do you do? Lucy Marcus in Sydney asks Gavin Thomas, Kingsgate CEO......
Finish line fall for stocks
June 11 - Summary of business headlines: Stocks sink in afternoon trading; Softbank ups the ante; Facebook stands by its strategy; Google buying Waze; Dole shares jump on buyout offer. Bobbi Rebell reports......
U.S. Day Ahead: Rising mortgage rates big threat to the Fed
June 11 - Experts at IFR say that if mortgage rates get out of hand, the Fed will keep up its $85B a month of bond buying......
Techquity: The price is right for Sony; Apple's manifesto
Jun 11 - Sony priced its latest PlayStation 4 console $100 lower than the new Xbox One by rival Microsoft as competition for gamers' pockets intensifies......
Driverless car steering course to road-readiness
June 11 - Researchers at Carnegie Mellon University are putting the finishing touches on their version of a driverless car that, they say, lays the groundwork for computers to replace humans in the driver seat within a decade. Ben Gruber went for a r.....
Centrica to unveil shale gas drilling plans with Cuadrilla
Centrica will commit to drilling a series of six wells with fracking firm Cuadrilla to test Britain's shale gas potential, in an investment totaling tens of millions of pounds, the Telegraph has learned.<img width='1' height='1' src='http://telegr.....
Treasury ousts RBS chief executive Stephen Hester
Stephen Hester is to step down as chief executive of the Royal Bank of Scotland following intervention from the Treasury.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d3500da/mf.gif' border='0'/><div cla.....
Stephen Hester ousted as chief executive of RBS
Stephen Hester is to step down as chief executive of the Royal Bank of Scotland following intervention from the Treasury.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d331dd5/mf.gif' border='0'/><div cla.....
Despite Stephen Hester's efforts, his successor will still face some tough times
RBS chairman Sir Philip Hampton described the job of chief executive as gruelling, brutal and draining.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d3500db/mf.gif' border='0'/><div class='mf-viral'>&.....
Exit of RBS chief Stephen Hester ends the trickiest of relationships
It was something that looked like a nationalisation that brought Stephen Hester into the public eye. Now a looming privatisation is taking him out of it.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d3436e7/mf.....
Britain's remarkable economic resilience
Telegraph View: For every job cut in the public sector, at least two have been created in the private one<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d3436e8/mf.gif' border='0'/><div class='mf-viral'>.....
Ofgem outlines proposals to 'break stranglehold' of big six energy suppliers on electricity market
Britain's biggest energy companies will face fines unless they agree to trade power with smaller rivals, under plans from the regulator designed to break the stranglehold of the Big Six.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
A million over 65s are still in work as pension crisis hits home
A record 1m people over the age of 65 are in work as Britain's pensions crisis forces unprecedented numbers to carry on clocking in.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d3427f1/mf.gif' border='0'/>.....
Business news and markets: as it happened - 12 June, 2013
Stephen Hester is to step down as chief executive of state-backed Royal Bank of Scotland later this year, giving a new boss time to prepare for the lender's privatisation process.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
RBS chief: The toughest job in banking?
Gruelling, brutal and draining were just some of the word used to describe the job of being chief executive of RBS by the bank's chairman, Sir Philip Hampton.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d3424.....
Index reshuffles in focus
Greece has been cut to emerging markets status, while the FTSE 100 underwent a makeover.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d33929c/mf.gif' border='0'/><div class='mf-viral'><table border.....
Business news and markets: live
Stephen Hester is to step down as chief executive of state-backed Royal Bank of Scotland later this year, giving a new boss time to prepare for the lender's privatisation process.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Stephen Hester steps down as RBS boss - reaction
Stephen Hester is to step down as chief executive of state-backed Royal Bank of Scotland later this year, giving a new boss time to prepare for the lender's privatisation process. Here is a round-up of reaction.<img width='1' height='1' src='http:.....
Greece shuts state broadcaster in shock move to cut costs
Cash-strapped Greek shut the state broadcaster in a shock move by the government that affects 2,600 jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d2bb30e/mf.gif' border='0'/><div class='mf-viral'>.....
Who could replace Stephen Hester at RBS?
RBS chief executive Stephen Hester has announced he will step down from his job at the end of the year. Here are early leading contenders to replace him.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d32714f/mf.....
Stephen Hester steps down as chief executive of RBS
Stephen Hester is to stand down as chief executive of the Royal Bank of Scotland by the end of this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d321285/mf.gif' border='0'/><div class='mf-viral'>.....
Vodafone bids for Kabel Deutschland in TV and cost-cutting move
Vodafone has mounted a bid for Kabel Deutschland, Germany's biggest cable company, as part of its plan to shore up its European businesses with pay TV assets and cost cutting.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Italian showdown with Germany over euro looms closer
Italy's simmering revolt against Germany, austerity and its own ultra-European elites is coming to a head again, in a reminder that the deep clash of interests between the euro's north and south remains as bitter as ever.<img width='1' height='1' .....
Supermarket gets drugs instead of bananas from Colombia
Drug traffickers back in Colombia must be going bananas over how their shipment ended up at Danish supermarkets and not on the streets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d314ffb/mf.gif' border='0'/&.....
Ban for BT adverts offering 'free' YouView box
Company demanded customers sign up for a contract, paying 5 for television channels and 15.45 a month for phone line rental.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d314ffd/mf.gif' border='0'/><div .....
A 'disorderly' bursting of biggest bond bubble in history is biggest risk to financial stability, say BoE's Andy Haldane
Andy Haldane, the Bank of England's executive director for financial stability, believes the biggest risk to the global financial system is a "disorderly" bursting of the bond bubble created by quantitative easing.<img width='1' height='1' src='ht.....
Pfizer settles Protonix patent case for $2.2bn
Pfizer has reached a $2.15bn (1.37bn) settlement with two generic drugmakers over the unauthorized sales their own version of the heartburn drug Protonix.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d314620/m.....
Seven top female fund managers
Researchers at Bestinvest have identified seven of Britain's top female fund managers. We detail their track records.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d314622/mf.gif' border='0'/><div class='.....
End to economic stimulus panics US investors
JP Morgan's Clare Hart tells Emma Wall that investors in the S&P 500 can still find profit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d30d2a0/mf.gif' border='0'/><div class='mf-viral'><table.....
Greece demoted to 'emerging market' status
MSCI, the most widely used equity index provider, prompted market fears about Greece on Wednesday, after demoting the country to emerging market status.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2d30d2a3/mf......
