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Business News

Goldman Sachs threatens Spanish move

Goldman Sachs has threatened the UK Treasury with plans to move up to 20 per cent of its London-based staff to Spain in a standoff over tax and bonuses.

Inside Business News

Oligarchs resurrect plans for $9bn Suek listing on LSE

Sunday, 20 December 2009

Russian billionaires Andrey Melnichenko and Sergey Popov have resurrected plans for a $9bn listing of Suek, the world's fifth-biggest coal exporter, on the London Stock Exchange.

Flyglobespan files petition against E-Clear

Sunday, 20 December 2009

Collapsed airline asks court to wind up the credit card processing firm that owed it £34m

VT may get clear run at Mouchel – but its target refuses to talk

Sunday, 20 December 2009

Support-services big guns Serco and Capita leave field to rival and a 'wholly inadequate' £380m bid

Standard Life tells City expected Indian float will be delayed

Sunday, 20 December 2009

Standard Life's incoming chief executive, David Nish, has told City fund managers that the firm's anticipated flotation of its Indian subsidiary business, HDFC Standard Life, could be delayed until 2011.

Dubai World to face creditors with repayment plans

Sunday, 20 December 2009

Dubai World, the hugely indebted state-owned conglomerate, will present its initial proposals on repaying its creditors at a meeting in the emirate tomorrow.

British banks look to 'share the pain' of UK supertax on bonuses

Saturday, 19 December 2009

Staff likely to be told the impact will be spread on principle of "one bank"

Public borrowing hits record high

Saturday, 19 December 2009

Government borrowing rose to £20.3bn during November, a new monthly record, official figures revealed yesterday. However, economists said that public sector net borrowing had actually been slightly better than expected, with tax receipts higher than analysts had predicted.

£50m mortgage fraud scam goes to court

Saturday, 19 December 2009

Six people are to be charged in a £50m mortgage scam, the Serious Fraud Office (SFO) said yesterday.

Business Diary: 19/12/2009

Saturday, 19 December 2009

The watchdog keeping an eye on your giftsDoes the Financial Services Authority have a new job, policing what mums and dads spend on their kids at Christmas? It has released a survey revealing that the average family will spend £442 this festive season, with 40 per cent saying they plan to spend less than last year.

Independent News & Media confirms talks over potential newspaper sale

Saturday, 19 December 2009

Independent News & Media, the publisher of The Independent and The Independent on Sunday, is in talks with the newspaper owner Alexander Lebedev over a potential sale of the titles.

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