Business News
British economy faces long hard slog to real recovery
CBI's forecast of weak 2010 growth is far from the Chancellor's upbeat outlook
Inside Business News
Christmas shoppers defy snow and economy
Monday, 21 December 2009
Predictions for Britain's economic recovery may be muted, but the country's shoppers are out in force this Christmas. John Lewis has seen an unprecedented pre-Christmas boom, with department store sales topping £100m for a record three consecutive weeks. The chain logged £112m in sales last week alone, up 15.5 per cent on 2008 and up 11.4 per cent on 2007.
Public sector still expecting pay rises
Monday, 21 December 2009
Two-thirds of state workers expect 2010 boost on a par with this year
FSA warns of 'no let-up' in moves to clean up banks
Monday, 21 December 2009
Britain's financial services industry has been told to expect "more pain" in 2010 from the chief city watchdog following a record level of fines this year.
Tribunal ruling on BAA break-up
Monday, 21 December 2009
BAA will find out this morning whether it is to be forced to sell off Stansted and one of its Scottish airports in line with a contested Competition Commission ruling.
Business Diary: Waples' audition for world of PR
Monday, 21 December 2009
The news last week that Sunday Times business editor John Waples is taking a highly paid job in PR with Financial Dynamics did not come as a complete surprise to everyone. A couple of months ago Waples took a star turn at a conference organised by CorpComms, the magazine for PR professionals. He was planning ahead, clearly.
Goldman Sachs threatens Spanish move
Sunday, 20 December 2009
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.
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.
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EDITOR'S CHOICE
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1Rage Against the Machine take Christmas No.1 slot
2Joss Garman: Copenhagen - Historic failure that will live in infamy
3Johann Hari: After the catastrophe in Copenhagen, it's up to us
4Avatar, James Cameron, 163 mins, (PG)
5Minister's Sri Lanka holiday outrages rights campaigners
6Queen's finances to be revealed
7Brown and Obama lead last-minute climate talks
8UK fails to halt female genital mutilation
Columnist Comments
• Johann Hari: After Copenhagen, it's up to us
Every coal train should be ringed with people refusing to let it pass
• Bruce Anderson: Hard cases make bad sentences
With the greatest respect to the judge, the rulings on the Hussains were wrong
• Yasmin Alibhai-Brown: Olympics' promises on race
Time to make sure the games are what Mandela believed they could be
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