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.

Hamish McRae: China's slowdown is a blip and could actually help us

Economic View: A cargo of liquefied natural gas not being imported by China is a cargo available to be imported by us

The Business Matrix: Wednesday 10 July 2013

Travelzest's bank credit runs out

The City saw little to fear in George Osborne’s apparent crackdown on the financial sector

Bank shares soar despite George Osborne's apparent 'crackdown'

Investors piled into Britain’s biggest banks today as the City saw little to fear in Chancellor George Osborne’s  apparent crackdown on the financial sector.

Watchdog: aggressive banks will have to raise capital buffer

Global regulators have warned that there are “significant differences” in how banks evaluate the riskiness of their assets, raising the prospect that some may ultimately have to increase their capital buffers by more than expected.

James Moore: Banks must pay for their insurance policies, too

Outlook The Bank of England doesn't appear to be for turning when it comes to the demands it is making on banks over the amount of capital they hold. That much was made clear at yesterday's Treasury Select Committee. It promises to make life uncomfortable for Barclays and Nationwide as they work out how to satisfy their new regulator's demands.

Banks censured over 'pointless' political lobbying

Senior Bank of England officials today delivered a stern rebuke to commercial banks that have been lobbying ministers to water down regulation of the sector.

RBS and Barclays face yet another banking scandal

Barclays, Royal Bank of Scotland and HSBC were yesterday at the centre of yet another investigation by regulators, after European watchdogs said they were among 13 banks charged with shutting exchanges out of the lucrative credit derivatives market.

What the Sunday Papers Said

The team behind the £43bn High Speed 2 rail link wants new powers to borrow money in debt markets and hedge against the cost of rising commodity prices. HS2's commercial director, Beth West, is in talks with ministers over legislation to enshrine the new powers. She said raising debt would allow managers to "bring in financial discipline" instead of relying on the Government.

The Business Matrix: Monday 01 July 2013

Android powers ahead of Apple

Caught in the web: The internet has made it all too easy for data to be collected on a vast scale

More companies put data about their customers on sale

Shoppers' spending habits are increasingly being bought and sold by banks and businesses without their consent, reports Chiara Cavaglieri

Investment Insider: Be smart over shares as economy recovers

Choose carefully and you may benefit as we come out of recession

VocaLink develops mobile payments app Zapp

Technology which will allow consumers to make payments using their mobile phones is to be developed by the company behind Link cash machines.

The Chancellor, George Osborne, on The Andrew Marr show

George Osborne finalises deals with Cabinet ministers on budgets that will cut £11.5bn from spending

Chancellor also confirmed plans to use fines on bankers to help support the welfare of troops and veterans

Regulator tells Barclays, Lloyds and RBS to plug £27bn hole in finances

The scale of the challenge facing policymakers to return Lloyds Banking Group and Royal Bank of Scotland to private ownership became clearer today as the banking industry was told to raise another £13.4 billion.

American rapper Jay-Z performs during the Heineken Open'er Festival in Gdynia, northern Poland, July 5, 2008. Picture taken July 5, 2008. REUTERS/Kacper Pempel (POLAND)

Biggest star in the Galaxy – Jay Z to give away 1 million albums on Samsung’s smartphones

Magna Carta Holy Grail will be available to users for three, three days before public release

Career Services

Day In a Page

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