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

Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 1 May 2015
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Russell Brand's interview with Ed Miliband has got everyone talking about The Trews

Everyone is talking about The Trews

Russell Brand's 'true news' videos attract millions of viewers. But today's 'Milibrand' interview introduced his resolutely amateurish style to a whole new crowd
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before
'Queer saint' Peter Watson left his mark on British culture by bankrolling artworld giants

'Queer saint' who bankrolled artworld giants

British culture owes a huge debt to Peter Watson, says Michael Prodger
Pushkin Prizes: Unusual exchange programme aims to bring countries together through culture

Pushkin Prizes brings countries together

Ten Scottish schoolchildren and their Russian peers attended a creative writing workshop in the Highlands this week
14 best kids' hoodies

14 best kids' hoodies

Don't get caught out by that wind on the beach. Zip them up in a lightweight top to see them through summer to autumn
Robert Fisk in Abu Dhabi: The acceptable face of the Emirates

The acceptable face of the Emirates

Has Abu Dhabi found a way to blend petrodollars with principles, asks Robert Fisk