News

EasyJet shares plummeted after the budget airline warned that the timing of Easter would have an impact on its first-half results.

Thousands face axe in rethink at Yahoo

The 14,000 employees of Yahoo are bracing for thousands of layoffs that could begin as early as this week as the company's new chief executive finalises a major new strategy for the internet firm.

One Tory MP suggested the Budget had damaged Osborne’s reputation as a strategist

Tories attack Osborne over 'inept' Budget

Chancellor's handling of freeze on pension allowances sparks fury on back benches

England Test captain Andrew Strauss

Andrew Strauss expects tough conditions in Sri Lanka

Andrew Strauss expects Sri Lankan conditions to provide a tough physical test for England.

£1.9bn dividend windfall from Persimmon

The City piled into Persimmon yesterday as the housebuilder unveiled a £1.9bn dividend giveaway, sending the shares roaring 13 per cent higher to 706.5p.

Yahoo may sue Facebook

Yahoo is threatening to sue Facebook for allegedly infringing more than a dozen patents covering how to personalise websites, serve adverts and run a social network.

Market Report: M&S up on talk Bolland's plan may make its Marc

It has been 15 months since Marc Bolland unveiled his three-year plan for Marks & Spencer and – judging by the market's reaction – investors have hardly been blown away. Since the boss of the high street institution, who had started the job just six months earlier, announced an ambitious, £900m investment program in November 2010, its share price has dropped more than 10 per cent.

Peugeot accelerates after alliance talks with GM

Shares in PSA Peugeot Citroen, the No 2 car maker in Europe, surged yesterday on news that it was discussing an alliance with General Motors of the US, which could include the two companies taking stakes in each other.

Suddenly, a Knock on the Door, By Etgar Keret, trans. Miriam Shlesinger, Sondra Silverston & Nathan Englander

In the title story of Etgar Keret's fifth collection, a writer is confronted by a series of guests: all armed, each wanting to hear a story. As he tries to satisfy their demands, a gun against his head, the narrator ruefully reflects, "I bet things like this never happen to Amos Oz or David Grossman". It's a slyly comic aside that also serves as a point of differentiation. Keret may have glowing testimonies from the likes of Salman Rushdie, Yann Martel and Oz himself, but is yet to achieve the huge international status afforded his fellow Israelis. While Suddenly, a Knock on the Door is unlikely to raise Keret to such a rarefied field, it remains a maddening, abruptly moving and effortlessly funny collection.

Sudden spike in price of crude oil raises costs for manufacturers

A sudden spike in crude oil pushed up manufacturers' costs in January, giving the Bank of England a fresh inflation warning a day after it voted to pump an extra £50bn into the struggling UK economy.

Unilever boss defends scrapping of 'unjustified' final salary pension scheme

The chief of the world's second-biggest consumer goods company has defended his position on scrapping the firm's final salary pension scheme.

Yum Brands calls in PwC to sell off its Pizza Huts in the UK

The restaurants giant Yum Brands has appointed an accountancy firm to sell its Pizza Hut UK business.

Co-op set to axe more jobs at its head office

The Co-operative Group's food business is to cut more jobs at its Manchester head office next month after warning of a financial hit from "some of its toughest trading conditions in recent history".

Portsmouth issued with winding-up petition over unpaid taxes

Portsmouth have been issued with a winding-up petition by HM Revenue and Customs.

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General Election 2015: Ed Miliband's unlikely journey from hapless geek to heart-throb

Miliband's unlikely journey from hapless geek to heart-throb

He was meant to be Labour's biggest handicap - but has become almost an asset
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Ex-Muslim Brotherhood minister Amr Darrag still believes the opposition can rid Egypt of its military regime and replace it with 'moderate' Islamic rule, he tells Robert Fisk
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Why patients must rely less on doctors

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Sarah Lucas is the perfect artist to represent Britain at the Venice Biennale

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Sarah Lucas has filled the British pavilion at the Venice Biennale with slinky cats and casts of her female friends' private parts. It makes you proud to be a woman, says Karen Wright
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Juventus vs Real Madrid

Five things we learnt from the Italian's Champions League first leg win over the Spanish giants
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Ashes series looks a lost cause for England...

Whoever takes over as ECB director of cricket, says Stephen Brenkley
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Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
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Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

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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