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.

Albemarle on borrowed time as cash call fails

Pawnbroker Albemarle & Bond has just a month to save itself from collapse after emergency efforts to raise £35 million from investors broke down.

Britain's major banks warned of cyber attack threat amid concerns over 'vulnerabilities'

Banking sector is particularly at risk due to old and complex IT systems

Anthony Hilton: Shareholders can’t hold boards to account from the other side of the world

It’s unusual for economists like Ben Broadbent to admit they’re lost. It’s also unnerving

Michael Spencer’s company has been fined £55m

Heat raised on Tory donor as Libor fixing file is passed to SFO

Criminal charges could be a possibility for brokers who worked  for Michael Spencer

Icap Boss Michael Spencer under fire after £55m Libor scandal fine

Icap boss Michael Spencer was today told to “raise his game” after the firm was hit by an embarrassing £55 million fine for its role in the Libor scandal.

Icap is run by former Conservative party treasurer Michael Spencer

'Let's discuss kickbacks over lunch': Tory donor's firm fined £55m over Libor fixing

Traders' emails reveal shocking conspiracy at Icap, the financial company owned by former Conservative treasurer and prominent party donor Michael Spencer - now bankers face 30 years in jail

Jim Armitage: 'Appalled and disgusted', so why no gesture of apology from Icap chief?

Outlook Michael Spencer is a hard man not to admire. From nowhere, he built his City broking house into a FTSE 100 company employing 5,000 staff worldwide. He is not afraid to speak out on controversial political issues and, unlike many of his peers at the top of major companies, is opinionated without the banal varnish of the MBA.

Somali remittances: It's about justice, not charity

If Barclays cut this service both Somalis and the Somali state will suffer

James Moore: US regulators set to give banks another battering

Outlook For a country that espouses free wheelin' capitalism, red in tooth and claw, the US has a surprisingly large number of regulators.

Barclays Bank computer heist: Two in court over £1.3m haul

Two men have appeared in court charged with taking over a bank's computer system to steal £1.3 million.

Anthony Hilton: Vernon Hill’s root and branch approach leaves Metro Bank blooming

Bank has 20 branches and plans to open a new one roughly every month to bring the total to about 200

Barclays' rate bungle could cost it £100m

Some 300,000 people who took out personal loans through Barclays are in line for compensation worth hundreds of pounds after the bank admitted it had made mistakes on their paperwork.

Barclays Bank computer heist: Eight arrested over £1.3m haul

Eight men have been arrested in connection with a £1.3 million theft carried out by a gang who took over a bank branch computer system.

James Moore: Telling the truth has its price as Tesco dumps house brokers

Outlook The way Tesco tells it, the decision to dump long-time brokers JP Morgan Cazenove and Nomura was simply good housekeeping. The two had been in place for seven years, after all, and since then there's been a change of chief executive, with Philip Clarke now in charge, not to mention a rather notable change in the fortunes of the business. Having previously been described as "the supermarket that ate Britain", the last couple of years have seen the retailer suffering from corporate indigestion.

Average payout of more than £300 for customers as bank pays refunds of interest paid on personal loans

300,000 Barclays customers to get surprise windfalls as bank to pay £100m in loan error

Average payout of more than £300 for customers as bank pays refunds of interest paid on personal loans

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee