The Big Bang that blasted Britain's deal makers

Foreign predators have spent over pounds 3bn in the past year on City advisory firms, on top of the billions paid by merchant banks in many a failed gamble after Big Bang.

Next week, London celebrates the 10th anniversary of that revolution. As a result, the City is now thriving as one of the world's top three financial centres.

But for UK merchant buccaneers the legacy is bitter and, amid fears of a fresh stock market crash, their future remains alarmingly unclear. Full story, page 3