News TÜV could be liable to eventual damages of over €6bn

A legal ruling made in France today has opened the way to millions of euros in compensation for British and other women who were fitted with defective French-made breast implants.

The Spirit of the Game, By Mihir Bose

Those critical of modern society are fond of harking back to supposed golden pasts. Pre-industrial Merrie England and the imagined court of King Arthur have both been extolled as utopias.

Divorce tycoon loses passport bid

Property tycoon Scot Young today failed in his High Court bid to get his passport back.

British airways key to US merger mania

Instead of fighting each other for market share, global carriers have found a better way to stay healthy: consolidation

JC Flowers boss banned and fined

Ravi Sinha, the former boss of private-equity giant JC Flowers in the UK, has been fined £2.86m and banned from working in any kind of financial services business for life.

BP deal keeps Coryton in operation

BP threw a lifeline to Coryton yesterday, striking a deal that allowed the bankrupt oil refinery to buy a fresh cargo of crude that will keep it running for a few more days.

Coryton scrambles to find cash for Russian oil shipment

A tanker loaded with 60,000 tonnes of Russian crude oil destined for the struggling Coryton refinery has anchored in the Thames Estuary for five days awaiting payment for its cargo.

Kodak files for bankruptcy protection

Eastman Kodak, the photography icon that invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for one of America's best-known companies.

James Thompson: Story of tribulations is a sign of how tough things really are

For those who over indulged at Christmas, January is often the time when people vow to eat healthier, sign up to a gym or take a seat in the doctor's waiting room – if they have really overdone it.

Failed tycoon Quinn loses court case over bankruptcy

Sean Quinn, the failed property tycoon who was once Ireland's richest man, is likely to be barred from relaunching his business career after a British court ruled that his bankruptcy must be judged in the tougher jurisdiction of Ireland.

The News Matrix: Monday 9 January 2012

PM apologises over Tourette's comment

Retail insolvencies soar 25 per cent as the slowdown bites

Retail administrations soared by more than a quarter in the final three months of last year, laying bare how the brutal consumer slowdown is hitting the high street's weakest players, according to a survey by Deloitte.

Kodak shares hit by bankruptcy fear

Shares in photography company Eastman Kodak tumbled to a new all-time low following a report that the ailing company is getting ready to seek bankruptcy court protection.

Dave Hartnett faced a barrage of hostile questions

HMRC accused of harassing small businesses

Tax officials were last night accused of double standards over plans to target thousands of small businesses for spot checks on their paperwork – despite letting big companies like Goldman Sachs off millions of pounds in tax.

'At it's beating heart this is still the party of start-ups. What drives us mad is bureaucracy' David Cameron, Tory conference in March 2011

Crackdown on small firms, a blind eye for big business

Tax officials accused of double standards as new drive follows let-off for Goldman Sachs

Younger people most likely to seek debt help

Government figures show those aged 25-34 dominate applications for insolvency scheme
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