hei-fi

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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Hunted: A stag lies dead on Jura, where David Cameron holidays and has himself stalked deer
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Soul singer Sam Smith cleared up at the Mobo awards this week
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Benedict Cumberbatch has refused to deny his involvement in the upcoming new Star Wars film
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Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker