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.

James Moore: Banks' redress may be too late for some firms

Outlook More than a year after the City's regulators first said there were problems with the way a previously rather arcane product called an "interest-rate swap" had been sold to thousands of small businesses, the redress is finally flowing.

19 per cent of parents think their teenagers are financially clueless

Teach the young to be cash smart

Financial education is joining the national curriculum next year, but it's not just up to schools. Chiara Cavaglieri reports

Money alert: Credit card insurance

High street banks are being forced to pay compensation of £1.3bn after they were found guilty of flogging useless and unnecessary credit card fraud and identity theft insurance.

Money Insider: Off to college? Don't let the banks bamboozle you

A free overdraft is more beneficial than student bank account freebies.

Armstrong described his outburst as an 'emotional response'

AOL boss Tim Armstrong apologises for firing employee during conference call with 1,000 staff at Patch after public sacking goes viral

CEO doesn’t say if employee still has a job as recording of dismissal is leaked to blogs and news outlets

Illness brings forward exit of Barclays finance chief Chris Lucas

Barclays finance director Chris Lucas is leaving the bank at the end of this week, six months earlier than planned, because of his deteriorating health.

Mo Farah sprints clear of rival Ibrahim Jeilan

Mo-ving in the right direction on Somalia

With UK aid stolen by jihadis, a campaign supported by Mo Farah grows in importance

Users of London’s “Boris Bikes” face disruption this morning after workers on the cycle-hire scheme began a 48-hour strike following a dispute with employers Serco Group over alleged poor working conditions

‘Boris Bike’ workers go on strike over wages

Serco Group employees are also protesting against alleged poor working conditions

Mo Farah backs campaign to save Barclays money transfer service

A petition signed by 20,000 people is to be handed in to Downing Street urging Barclays to keep a service that allows people living in Britain to send small amounts of money to family and friends in developing nations.

HSBC awards market's top audit to PricewaterhouseCoopers

PricewaterhouseCoopers has won the most lucrative audit in the FTSE 100 after being chosen to replace KPMG at banking giant HSBC.

Kate Hughes: Having older relatives move in may hit ordinary families

Apparently, 63 per cent of us believe the solution to an ageing population and an increasingly short housing supply is for older relatives to move into the family home.

Kate Hughes: It's time to battle PPI culture rather than vilify bankers

Wow, we're still angry with the banking sector. Apparently 70 per cent of us feel that banking executives should face criminal charges for their roles in the PPI mis-selling scandal according to, surprise, surprise, a PPI claims company.

Hamish McRae: US economic good news may just be the tonic that interest rates thirst after

Economic View: What happens to US rates affects the rest of the world but so too does what happens to the US economy

Barclays fights FCA over Qatar fundraising

Bank will issue £5.8bn in shares to plug a £12.8bn capital shortfall

RP Martin pair in court to hear Libor charges

Two former RP Martin brokers appeared in court yesterday before a trial into the alleged manipulation of the London interbank offered rate.

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