hei-fi

No time should be wasted asking them to reform – just do it

John Shepherd-Barron: Inventor of the hole-in-the-wall cash dispenser

John Shepherd-Barron's invention of the automatic cash dispenser – now ubiquitous, but in the 1960s a mysterious contrivance – owed something to his technological grasp, his business sense and his ingenuity. It also owed something to his annoyance with a bank branch when he turned up at 12.31 on a Saturday to find to his irritation that it had closed one minute earlier, which meant he could not cash a cheque.

Business Diary: Relishing round two of Branson versus Cable

Is Sir Richard Branson's Virgin group still in the running for Northern Rock, the nationalised bank that the Government hopes in the not-too-distant future to sell back to the private sector? If so, the bearded one is going to need to get past Vince Cable, Secretary of State for Business, with whom he has a little form. Only two years ago, the first time Sir Richard had a tilt at buying Northern Rock, Cable questioned in the Commons whether he was a "fit and proper person" to run the bank.

Business Diary: 24/04/2010

The 7,500 lost souls who didn't read small print

David Prosser: Balancing riches with relevance

Outlook What does Lord Mandelson think about the pay of Bart Becht, the chief executive of Reckitt Benckiser, who took home benefits worth a little over £90m last year? In the good old days of new Labour, the business secretary famously pronounced the party "intensely relaxed about people getting filthy rich" (though the second half of the quote – "as long as they pay their taxes" – is often forgotten). A decade or so on, however, Lord Mandelson seems a little more uptight about boardroom largesse, laying into Barclays Bank's Bob Diamond at the weekend for his earnings.

Footwear chain Faith battles to secure management buyout deal

The women's footwear retailer Faith was in advanced negotiations with two bidders over a management buyout to safeguard the future of the chain yesterday.

Rock's chief Hoffman given £1.4m despite loss of £383m

Gary Hoffman, the chief executive of the nationalised bank Northern Rock, was paid nearly £1.4m last year – more than he was previously receiving at Barclays Bank, it emerged yesterday.

Barclays cashier jailed over £1m accounts con

The key player in a group of Barclays bank workers who tried to steal more than £1 million from wealthy account holders was jailed for five years today.

Business Diary: 20/02/2010

Three Nobel winners better than two

Well done to the organisers of two letters to the FT, where 60 economists rejected calls for cuts to public spending.

Letters: Peace in Israel

Israel will find peace by talking, not assassination

David Prosser: Are the banks over the worst of bad debts?

Outlook As this paper reported yesterday on its front page "Credit card rates [have] hit a 12-year high". If you want to know why, look no further than the results of Barclays Bank. At its Barclaycard division, bad debts rose from £1.1bn to £1.8bn last year. That has to be paid for somehow and higher credit card rates are one answer.

Andreas Whittam Smith: Obama's Wall Street reforms aren't nearly radical enough

Tinkering with rules on liquidity and capital won't limit systemic risk

Bankers fight back against Obama

Davos became the forum for a chorus of attacks on plans to restrict financial institutions yesterday as governments were accused of electioneering

2020 vision: While the big beasts of the Square Mile and Wall Street go east in a hurry, the euro goes nowhere fast

It was the most gripping opening to a most exciting second decade of the 21st century. Just days into January 2010, Barclays bank stunned the world's stock markets by moving its HQ, and 5,000 of its investment banking staff, to Hong Kong. Another 2,000 Barclays bankers and traders were transferred to Mumbai, where India's National Stock Exchange is still the fastest growing exchange in the world; 2,000 staff decamped to Singapore, now the world's epicentre for energy technologies and the first producer of hydrogen cell cars; and another 500 traders were moved to Rio de Janeiro, South American's busiest stock market.

2020 vision: Our team of futurologists peers into mists of time

Britain's first black prime minister is settling into Number 10, Sir Alexander McQueen has given King Charles a makeover and the City's carbon traders are coining it. Welcome to the future – but what other surprises are around the corner? Our experts reflect on the biggest events of the next 10 years

Barclays pays dividend again as HSBC says worst is over

Profits continue to flow at banks that avoided bailouts
News
Actor Burt Reynolds last year
peopleBurt Reynolds, once among the most bankable actors in Hollywood, is set to auction his memorabilia
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Gordon and Tana Ramsay arrive at the High Court, London
newsTV chef gives evidence against his father-in-law in court case
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Watch the spoof Thanksgiving segment filmed for Live!
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The data shows that the number of “unlawfully” large infant classes has doubled in the last 12 months alone
i100Mike Stuchbery, a teacher in Great Yarmouth, said he received abuse
Arts and Entertainment
The starship in Star Wars: The Force Awakens
filmsThe first glimpse of JJ Abrams' new film has been released online
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The cover of The Guest Cat – expect to see it everywhere
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i100 Charity collates series of videos that show acts of kindness to animals
Arts and Entertainment
One of the installations in the Reiner Ruthenbeck exhibition at the Serpentine Gallery
artCritics defend Reiner Ruthenbeck's 'Overturned Furniture'
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Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

Most of us would prefer to die in our own beds, with our families beside us. But, as a GP, Margaret McCartney sees too many end their days in a medicalised battle
Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

What does it take for women to get to the top?

Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

Simmy Richman visits Jack Masters, the company behind this year's multicultural must-have
French chefs have launched a campaign to end violence in kitchens - should British restaurants follow suit?

French chefs campaign against bullying

A group of top chefs signed a manifesto against violence in kitchens following the sacking of a chef at a Paris restaurant for scalding his kitchen assistant with a white-hot spoon
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

Radio 4 to broadcast 10-hour adaptation of War and Peace on first day of 2015
Cuba set to stage its first US musical in 50 years

Cuba to stage first US musical in 50 years

Claire Allfree finds out if the new production of Rent will hit the right note in Havana
Christmas 2014: 10 best educational toys

Learn and play: 10 best educational toys

Of course you want them to have fun, but even better if they can learn at the same time
Paul Scholes column: I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season

Paul Scholes column

I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season
Lewis Moody column: Stuart Lancaster has made all the right calls – now England must deliver

Lewis Moody: Lancaster has made all the right calls – now England must deliver

So what must the red-rose do differently? They have to take the points on offer 
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game