News

JPMorgan chief says virtual currency faces major regulatory hurdles

In the Madoff mould?

The fraud trial begins on Monday of Allen Stanford, the billionaire who bankrolled English cricket.

With the detention of Michael Brown, pictured, Charles Kennedy will have more questions to answer

The life and devious times of Lib Dems' serial fraudster

After more than three years, life on the run comes to an end for party's biggest – and most criminal – donor

British banks hit by mortgage lawsuits from US regulator

Royal Bank of Scotland, Barclays and HSBC were among 17 giant banks sued last night by a US government agency, seeking billions of dollars in compensation over their packaging and selling of mortgage bonds in the run-up to the credit crisis.

Einhorn pulls out of New York Mets deal

Talks have collapsed on a proposed $200m (£123m) investment in the New York Mets from the hedge fund manager David Einhorn.

German Ponzi man jailed after ripping off Barclays

Germany's version of Bernard Madoff was sentenced to 10 years in prison yesterday for running a Ponzi scheme that defrauded Barclays and other investors out of €345m (£304m).

Business Diary: No slacking off early for Osborne

Can you get from Westminster to Wimbledon in 15 minutes? No, nor can George Osborne, which is why it was so generous of the Chancellor of the Exchequer to stick around for Prime Minister's Questions yesterday.

Darius Guppy: Growth - it ain't happening

For reasons I will outline below, the measures which have been advanced to deal with the current financial meltdown, measures that include swathing cuts in public services on the part of our Government, and Basel 3 on the part of the international banking community, are bound to fail.

HSBC pays $62.5m to end Madoff case

HSBC is paying $62.5m (£38m) to settle legal claims from investors who lost money in Bernard Madoff's record-breaking pyramid scheme.

Kevin Bacon doesn't understand 'evil' greed

Kevin Bacon doesn't understand why people want a lot of money.

Madoff wine sale to raise funds for victims

His monogrammed underpants have already been put on the market, and now it's the turn of Bernard Madoff's extensive wine cellar.

City lawyer dismissed over £1m in wrongful expenses

A senior lawyer who in the past has worked on a dispute between BP and the Alfa Access Renova shareholders in its TNK-BP venture has been dismissed from the partnership at a leading City firm after wrongly making over £1m in expenses claims.

Royal romance immortalised in screen cheese

Prince William's wedding provides fodder for a bizarre sub-section of the film industry

Madoff reveals his suffering: I'm in therapy

In his first extensive interview since being jailed in 2008, the disgraced former financier Bernie Madoff has revealed he is receiving weekly therapy sessions.

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Prices correct as of 12 December 2014
Homeless Veterans appeal: 'You look for someone who's an inspiration and try to be like them'

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Could cannabis oil reverse the effects of cancer?

Could cannabis oil reverse effects of cancer?

As a film following six patients receiving the controversial treatment is released, Kate Hilpern uncovers a very slippery issue
The Interview movie review: You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here

The Interview movie review

You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here
Serial mania has propelled podcasts into the cultural mainstream

How podcasts became mainstream

People have consumed gripping armchair investigation Serial with a relish typically reserved for box-set binges
Jesus Christ has become an unlikely pin-up for hipster marketing companies

Jesus Christ has become an unlikely pin-up

Kevin Lee Light, aka "Jesus", is the newest client of creative agency Mother while rival agency Anomaly has launched Sexy Jesus, depicting the Messiah in a series of Athena-style poses
Rosetta space mission voted most important scientific breakthrough of 2014

A memorable year for science – if not for mice

The most important scientific breakthroughs of 2014
Christmas cocktails to make you merry: From eggnog to Brown Betty and Rum Bumpo

Christmas cocktails to make you merry

Mulled wine is an essential seasonal treat. But now drinkers are rediscovering other traditional festive tipples. Angela Clutton raises a glass to Christmas cocktails
5 best activity trackers

Fitness technology: 5 best activity trackers

Up the ante in your regimen and change the habits of a lifetime with this wearable tech
Paul Scholes column: It's a little-known fact, but I have played one of the seven dwarves

Paul Scholes column

It's a little-known fact, but I have played one of the seven dwarves
Fifa's travelling circus once again steals limelight from real stars

Fifa's travelling circus once again steals limelight from real stars

Club World Cup kicked into the long grass by the continued farce surrounding Blatter, Garcia, Russia and Qatar
Frank Warren column: 2014 – boxing is back and winning new fans

Frank Warren: Boxing is back and winning new fans

2014 proves it's now one of sport's biggest hitters again
Jeb Bush vs Hillary Clinton: The power dynamics of the two first families

Jeb Bush vs Hillary Clinton

Karen Tumulty explores the power dynamics of the two first families
Stockholm is rivalling Silicon Valley with a hotbed of technology start-ups

Stockholm is rivalling Silicon Valley

The Swedish capital is home to two of the most popular video games in the world, as well as thousands of technology start-ups worth hundreds of millions of pounds – and it's all happened since 2009
Did Japanese workers really get their symbols mixed up and display Santa on a crucifix?

Crucified Santa: Urban myth refuses to die

The story goes that Japanese store workers created a life-size effigy of a smiling "Father Kurisumasu" attached to a facsimile of Our Lord's final instrument of torture
Jennifer Saunders and Kate Moss join David Walliams on set for TV adaptation of The Boy in the Dress

The Boy in the Dress: On set with the stars

Walliams' story about a boy who goes to school in a dress will be shown this Christmas