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.

Carole Waugh (right) had lent money to Rakesh Bhayani (left) and threatened to expose his double life

Carole Waugh murder: 'Mad Indian gambler' Rakesh Bhayani killed rich, lonely escort to pay off his debts

41-year-old convicted of stabbing Ms Waugh and trying to sell her London flat

Iran's Foreign Minister Mohammad Javad Zarif shakes hands with US Secretary of State John Kerry in Geneva

Oil prices fall in wake of Iran nuclear deal

Brent crude fell as much as $3 a barrel to a four-week low of $108.50

Barclays introduces 'role-based' pay scheme for top bankers to counter EU bonus cap rules

Role-based pay will be set at the beginning of the year paid in 12 instalments

TUC rebukes institutions for failing to rebel on pay

The TUC has sharply criticised institutional investors in the wake of this year’s passive AGM season compared to the repeated rebellions over pay seen in the 2012 “shareholder spring”.

The Week Ahead: Pig meat producer Cranswick can bring home the bacon

Investors will be hoping the pig meat producer Cranswick can bring home the bacon when it reveals first-half results.

The Business Matrix: Thursday 21 November 2013

Tesla electric cars made safer

Royal Mail IPO adviser tells clients to 'sell' the stock ahead of MPs grilling

Swiss bank UBS says market is 'overestimating margin upside'

Sir Hector Sants today announced he will not be returning to Barclays

Sir Hector Sants quits Barclays as he falls victim to stress

Compliance chief steps down from £3m role after month's sick leave

More than 2,000 people have put in offers on homes during the first month of the Help to Buy scheme

More than 2,000 use Help to Buy mortgage scheme

More than 2,000 people have put in offers on homes during the first month of the Help to Buy scheme, under which the taxpayer guarantees up to 15 per cent of mortgages, David Cameron will say today.

Barclays' chief economist joins Bank to shore up forecasting

Barclay's chief economist, Simon Hayes, has been hired by the Bank of England to head up its forecasting team.

Sir Hector Sants forced to quit Barclays temporarily due to stress

Sir Hector Sants, one of the most senior bankers of his generation, today became the latest top executive forced to quit temporarily due to stress.

Five Questions About: Help to buy

Is this the government's housing market boost?

The Green Deal Finance Company offer up to £10,000 to cover the cost of the work which is then paid back over 20 years through energy bills

Exclusive: Government's 'Green Deal' energy efficiency scheme is so ‘complex’ it deters homeowners from signing up

Just £3.4m of the initial £244m in funding has been allocated as take-up numbers disappoint

The Week Ahead: Quadrise shares on course for new leap

Today

Investors turned detectives last month when an unexplained leap in alternative fuel producer Quadrise Fuels could not be explained by management. The group, which supplies fuel to global shipping, refining and steam and power generation markets, has been winning new contracts and recently signed a deal with Mærsk to supply it with fuel oil. Its results today could be another reason for the share price to rise.

The Business Matrix: Saturday 4 October 2013

Harris returns to run Carpetright

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn
Yvette Cooper: We can't lose the election. There's too much on the line

Yvette Cooper: We can't lose the election. There's too much on the line

The shadow Home Secretary on fighting radical Islam, protecting children, and why anyone in Labour who's thinking beyond May must 'sort themselves out'
A bad week for the Greens: Leader Natalie Bennett's 'car crash' radio interview is followed by Brighton council's failure to set a budget due to infighting

It's not easy being Green

After a bad week in which its leader had a public meltdown and its only city council couldn't agree on a budget vote, what next for the alternative party? It's over to Caroline Lucas to find out
Gorillas nearly missed: BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter

Gorillas nearly missed

BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter
Downton Abbey effect sees impoverished Italian nobles inspired to open their doors to paying guests for up to €650 a night

The Downton Abbey effect

Impoverished Italian nobles are opening their doors to paying guests, inspired by the TV drama
China's wild panda numbers have increased by 17% since 2003, new census reveals

China's wild panda numbers on the up

New census reveals 17% since 2003