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

Nomura set to take over Lehman's European arm

Japanese Securities house Nomura is poised to take over the European arm of Lehman Brothers, securing at least 1,000 jobs, after administrator Pricewaterhouse-Coopers said it had narrowed the bid battlefield to a single frontrunner.

PwC close to deal to sell Lehman's European assets

The administrator to the European business of bankrupt US investment bank Lehman Brothers, PriceWaterhouseCoopers, was last night locked in negotiations with two rival bidders over the sale of parts of the business.

Wealth Check: 'How long will it take to be able to afford my own place?'

Luke Murdoch is a 20-year-old technical process manager who has been working at Barclays bank for two years. Despite his dedicated approach towards saving, Luke faces the difficulties of many other first-time buyers eager to get on to the property ladder.

Scramble to save Wall Street

Three of Wall Street's best-known institutions were huddled behind locked doors this weekend in frantic talks with US authorities and bankers to either sell their businesses or put together rescue packages.

Questions Of Cash: 'Come on Lloyds, all I want is my debit card'

Q In May, I opened an account with Lloyds TSB. I am still waiting for the debit card, in spite of more than 30 phone calls and three formal complaints. Without a debit card I have to withdraw cash from my bank in Spain, which charges me for each withdrawal. After my first complaint, Lloyds TSB offered me £25 compensation, which will not even cover the cost of my calls, let alone the transactions from my Spanish bank. My second complaint led to Lloyds TSB withdrawing the compensation offer, rejecting my complaint and saying that the debit card had been waiting for me since 1 July at the Camden branch. When I went there – losing income – I was told it had never been there. Now, Lloyds says the debit card is waiting for me at the Hampstead branch. I can't accept this service any longer. TA, London.

David Prosser's Outlook: A short cut to cheaper deals or a blind alley?

It's not difficult to understand why price comparison sites are so popular. Why spend hours on the phone talking to hideous call centres in the vain hope of saving a few quid on your car insurance when you can answer a few questions online and have a computer do all the work for you?

Barclays sells life assurance unit to Swiss Re

Barclays Bank is to further improve its capital funding through the sale of its life assurance business to Swiss Re, the Swiss reinsurance group.

Antigua shootings: Manhunt widens as victim in coma flies back to UK

Scotland Yard and FBI drawn in after local police struggle for clues to brutal gun attack on British couple. By Stephen Foley in St John's, Antigua

Moneysupermarket.com rebuffs bid approach from private equity

The price comparison company Moneysupermarket.com, which has lost more than half its value since floating on the stock market last year, said yesterday it has rejected a preliminary bid approach.

Comparison site warns on profits after closure of Firstplus

The shock closure of Barclays Bank's Firstplus secured loans business yesterday forced Moneysupermarket.com, the price comparison site, to rush out an immediate profits warning.

Blood money: the MPs cashing in on Zimbabwe's misery

Tory frontbenchers are among those with shares in companies accused of propping up the violent – and now illegal – regimein Harare. Jane Merrick and Archie Bland report

Gugulethu Moyo: If the British really want to get rid of Mugabe, this is how

UK businesses are sustaining a tyrant's regime. The arguments against sanctions are just excuses

Standard Chartered at centre of Zimbabwe sanctions inquiry

Standard Chartered bank is under fire for allegedly breaching EU sanctions on Zimbabwe. The Foreign Office admitted it is investigating one case of a possible breach of the sanctions.

Barclays full-year earnings consensus revised down

Barclays Bank has revised down its calculation of analysts' consensus for its full-year profit for the second time this month – cutting the figure for 2008 by nearly 8 per cent after a drop of 15 per cent two weeks ago.

Fall in retail sales coincides with surge in inflation for manufacturers

Confidence in the UK's fragile economy suffered a double blow yesterday with new data showing falling retail sales and increasing inflation in the manufacturing sector.

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Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
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China's influence on fashion

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Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

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Rainbow shades: It's all bright on the night

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It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

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300 players take part in Watch the Skies! board game in London
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Charlotte Gainsbourg on 'Nymphomaniac'

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Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

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