News

Britain's oldest private-equity firm has written down the value of its investment in the retailer Hobbs because of poor trading over the festive period.

The daughter of a London magistrate has appeared in court charged with attempting to murder her mother

London magistrate’s daughter Kuntal Patel charged with plotting to murder her mother following police anti-terror investigation

A woman who was arrested following an anti-terrorism investigation has appeared in court charged with attempting to murder a magistrate – who is also her mother.

Unions blast Barclays over speculation of imminent cut in branches

Barclays is also poised to axe 400 investment bank jobs on top of the 1700 it announced a year ago in a bid to slash costs

With the bank due to report its annual results on 11 February, the prospect of further job losses is widely expected

Barclays to close 400 branches - and replace them with smaller outlets in Asda supermarkets

Hundreds of jobs to go in investment banking division as part of massive cost-cutting programme

What the Sunday papers said

Top firms ‘lack pension transparency’

GlaxoSmithKline, Tata and Rolls Royce have been warned to improve their corporate social responsibility.

Standard Chartered Group Chief Executive Peter Sands

Peter Sands brushes off 'speculative rubbish' over takeover talks

Peter Sands, embattled chief executive of Standard Chartered Bank, has dismissed speculation over takeover talks as “rubbish”, insisting the emerging markets-focused lender’s prospects were strong.

Market Report: Banking stocks took more than eight points off the bluechip index

Banks took a battering yesterday as traders ditched financial stocks after a shock profit warning from Deutsche. Traders feared that news of the German bank’s €1.1bn (£910m) fourth-quarter loss could mean other banks may still have issues to work through and further regulatory fines to deal with.

UK banks hit by Deutsche's shock profit warning

Deutsche shares sank 5% after figures revealed fourth-quarter net losses of €965 million

House prices in London and the South-east are rising fast

House prices growing at 'fastest annual pace since 2007'

Year-on-year increase of 6.3%  in prices is the highest annual rise seen since November 2007

What The Sunday Papers Said

The Independent on Sunday: New rail line could be built by ‘disadvantaged’

The physically disabled, the unemployable and former prisoners should build the £42.6bn High Speed 2 railway, according to a lobbying group. The High Speed Rail Industry Leaders Group said that France used nearly 1,000 disadvantaged people to build the Rhine-Rhône line.

The Business Matrix: Monday 20 January 2014

Metro raises more cash for growth’

Royal Bank of Scotland is facing an inquiry by banking regulators

RBS bonuses: Why aren't we more volubly angry about all this?

I cannot understand why the great British public are not apoplectic about these egregious, socially divisive rewards

Lloyd Blankfein, Chairman and CEO of Goldman Sachs Group

Goldman Sachs to greet bonus cap with big pay rises and special allowances

Goldman Sachs' top London staff are set for huge increases in basic pay this year, plus special "role based" allowances, as the bank grapples with the European Union's bonus cap.

US watchdogs visit Citigroup's London headquarters amid forex probe

Two of the most powerful watchdogs in the US have sent investigators into the London headquarters of the giant bank Citigroup as the probe into alleged manipulation of global currency markets.

There is concern that a ‘perfect storm’ of graduate debt, lack of finance and job insecurity is brewing

Top employers are reserving nearly 40% of their graduate jobs for interns

This figure rises to 75% for City investment banks, according to a new survey

Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there