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.

Lloyds shares dip after landmark government stake sale

Stock was down 2% or 1.9p at 75.4p as City institutions digested a £3.2bn sale

Barclays to refund 300,000 customers after admin error

Bank to pay back loan customers thought to have been mistakenly charged interest

James Moore: The Co-op’s treatment of it bondholders is nothing short of shabby

Outlook: The Co-op has a new chief executive and a new team but it hasn’t changed the way it acts

Barclays passes up discount to fight Qatari funding fine

Barclays is continuing to fight the City watchdog’s attempt to fine it £50m over the Qatari fundraising that staved off a taxpayer-funded bailout during the financial crisis.

The Business Matrix: Tuesday 17 September 2013

Coutts overtakes RBS for assets

Barclays rated as ‘worst bank’ for honesty and customer service

Barclays is the worst bank for honesty and customer service, according to an ethical scorecard launched to guide those looking to switch their current accounts.

Business week in review

In profit...

The Bank of England has been urged to cap house price inflation

Bank of England urged to cap house price rises at 5% over fears of 'dangerous' debt bubble

Royal Institution of Chartered Surveyors publishes report arguing the Bank should consider imposing a 5 per cent cap on annual house price appreciation

Barclays chief Antony Jenkins sounds alarm over boom in house prices and 'Help to Buy' scheme

Vince Cable cautioned against complacency on the state of the nation’s economic recovery

Apple iPhone 5S launch: Will a budget version be launched?

Technology giant has spurred rumours of drive towards surging markets with presentation in China just nine hours after hotly-anticipated California event

BBC director general Tony Hall

We've got a grip: BBC Director General Tony Hall defends pay-offs

BBC Director General Tony Hall says the corporation has “a grip on the money” it gets from licence-fee payers ahead of a parliamentary hearing examining hefty pay-offs given to senior staff.

Upping the base wage ‘would bring in billions’ says TUV secretary

Britain is losing out on billions of pounds in revenues by keeping the minimum wage low, TUC secretary general Frances O’Grady said yesterday ahead of the opening of the union body’s annual congress.

Interest rate swap scandal: Banks face hidden bill of up to £10bn to settle property developer claims

Britain’s banks face a hidden bill of up to £10bn to settle claims from property firms put at risk by the interest rate swap scandal, according to new research.

For the sake of Somalia, Barclays must not close its money transfer system

To do so could herald a humanitarian crisis in the long-suffering region

Why is campus politics such a magnet for LGBT students?

Student politics is increasingly dominated by the LGBT community. This can only be a good thing, says David Wilkinson

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No postcode? No vote

Floating voters

How living on a houseboat meant I didn't officially 'exist'
Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

Power dressing is back

But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

Caves were re-opened to the public
'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

'I was the bookies’ favourite to be first to leave the Cabinet'
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

Cash-strapped states have hit on a way of making money out of drivers that may be in collision with the First Amendment, says Rupert Cornwell
From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

One man is bringing together Cornwall's most accomplished growers, fishermen and butchers with London's best chefs to put the finest, freshest produce on the plates of some of the country’s best restaurants
Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
Don't believe the stereotype - or should you?

Don't believe the stereotype - or should you?

We exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor