News

Olympus paid $2 billion (£1.3 billion) for Gyrus and ran up the world’s biggest takeover advisory fee

Here's a solution: It's time for a global companies to pay a Global Profit Tax

The cascade of revelations in recent months showing multinational companies doing a huge amount of business here and yet paying virtually no corporation tax has provoked widespread public demands for something to be done. But people tend to be rather hazier on what that "something" should be.

Osborne has paid lip service to tackling tax havens, but when will the hard work actually start?

Ten of the world’s tax havens are UK-linked territories - the British Overseas Territories and Crown Dependencies. The clue is in the names.

The Cayman Islands in the Caribbean has a reputation as a tax haven

Truth and lies in the Cayman Islands: Tax haven’s former police chief calls for corruption inquiry documents to be released

For the career diplomat nearing retirement, there are worse postings than the Cayman Islands.

'Barely fit for human habitation': Shocking standards at Cayman Islands jails revealed in new report

Jails run in the name of Her Majesty's Prison Service on the Cayman Islands are “barely fit for human habitation”, UK inspectors have found.

The Saturday Quiz answers

1. Birds: written by Eric Partridge; written by Stephen Crane; built by Christopher Wren; performed by Lieutenant Pidgeon.

The Cayman Islands: A place that has sold its soul to finance, but where nothing much tends to happen

The Cayman Islands is a curious place. More than most islands it is insular and inward looking. Proud, but a little defensively so.

EADS inquiry into Saudi bribe claims

EADS has launched an external, group-wide investigation into its anti-corruption practices as the European aerospace company admitted for the first time that it had failed to react quickly enough to a whistleblower's claim that its UK unit paid bribes to secure contracts in Saudi Arabia.

A view of Old Trafford

Manchester United fans demand full flotation of club by Glazer family

The Manchester United Supporters Trust have called on the Glazer family to launch a full flotation of the Old Trafford outfit, amid reports that their planned initial public offering (IPO) launch in New York has been shelved.

Mitt Romney so far has only released tax returns for 2010

Romney booed for attack on Obama at black rally

Mitt Romney received a rough reception from members of the NAACP, the country's oldest black civil rights organisation, yesterday, which erupted into boos and shouts of disapproval when he said he meant to overturn Barack Obama's healthcare reforms.

Mitt Romney so far has only released tax returns for 2010

Where's Mitt Romney's money? The offshore search is on

Obama's team has seized on Romney's apparent failure to fully disclose his holdings

Anthony Hilton: NYSE chief’s clouded view of transparency

Americans don't do irony, which is a pity because on Thursday Duncan Niederaurer, the personable head of NYSE Euronext, the parent organisation of the New York Stock Exchange, delivered a blast against the automatic trading platforms that are pinching so much of the business of the established stock exchanges.

Simon English: Investors will get few kicks from Man Utd float

Outlook Other than to acquire a certificate to frame and stick on the wall (or perhaps the dartboard, according to allegiance), why would anyone buy shares in Manchester United?

Lord Blencathra has lobbied on behalf of the Cayman Islands

Watchdog set to investigate Lord Blencathra over lobbying for Cayman Islands

Peer's paid role for tax haven may have broken parliamentary regulations

Leading article: Lords should not be lobbyists

The House of Lords has its defenders, despite being unelected and despite membership being for life. Its ranks include business leaders, scientists, medical professionals, civil servants, judges, military officers and others who might be put off running for elected office, but bring in a rich experience of life outside politics. They are not paid a salary, though they receive generous attendance allowances, so it is accepted that some will have paid outside employment.

The Cayman Islands is one of the few places in the world where there are more registered businesses than people

Tory Lord lobbies for tax haven as he helps write its laws in London

A former Conservative minister with close links to the Government is sitting as a peer in the House of Lords while simultaneously lobbying on behalf of a Caribbean tax haven.

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Air strikes? Talk of God? Obama is following the jihadists’ script

Air strikes? Talk of God? Obama is following the jihadists’ script

The President came the nearest he has come yet to rivalling George W Bush’s gormless reaction to 9/11 , says Robert Fisk
Ebola outbreak: Billy Graham’s son declares righteous war on the virus

Billy Graham’s son declares righteous war on Ebola

A Christian charity’s efforts to save missionaries trapped in Africa by the crisis have been justifiably praised. But doubts remain about its evangelical motives
Jeremy Clarkson 'does not see a problem' with his racist language on Top Gear, says BBC

Not even Jeremy Clarkson is bigger than the BBC, says TV boss

Corporation’s head of television confirms ‘Top Gear’ host was warned about racist language
Nick Clegg the movie: Channel 4 to air Coalition drama showing Lib Dem leader's rise

Nick Clegg the movie

Channel 4 to air Coalition drama showing Lib Dem leader's rise
Philip Larkin: Misogynist, racist, miserable? Or caring, playful man who lived for others?

Philip Larkin: What will survive of him?

Larkin's reputation has taken a knocking. But a new book by James Booth argues that the poet was affectionate, witty, entertaining and kind, as hitherto unseen letters, sketches and 'selfies' reveal
Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?

Waxing lyrical

Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?
Texas forensic astronomer finally pinpoints the exact birth of impressionism

Revealed (to the minute)

The precise time when impressionism was born
From slow-roasted to sugar-cured: how to make the most of the British tomato season

Make the most of British tomatoes

The British crop is at its tastiest and most abundant. Sudi Pigott shares her favourite recipes
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Face it: 10 best men's skincare products

Oscar Quine cleanses, tones and moisturises to find skin-savers blokes will be proud to display on the bathroom shelf
Malky Mackay allegations: Malky Mackay, Iain Moody and another grim day for English football

Mackay, Moody and another grim day for English football

The latest shocking claims do nothing to dispel the image that some in the game on these shores exist in a time warp, laments Sam Wallace
La Liga analysis: Will Barcelona's hopes go out of the window?

Will Barcelona's hopes go out of the window?

Pete Jenson starts his preview of the Spanish season, which begins on Saturday, by explaining how Fifa’s transfer ban will affect the Catalans
Middle East crisis: We know all too much about the cruelty of Isis – but all too little about who they are

We know all too much about the cruelty of Isis – but all too little about who they are

Now Obama has seen the next US reporter to be threatened with beheading, will he blink, asks Robert Fisk
Neanderthals lived alongside humans for centuries, latest study shows

Final resting place of our Neanderthal neighbours revealed

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Scottish independence: The new Scots who hold fate of the UK in their hands

The new Scots who hold fate of the UK in their hands

Scotland’s immigrants are as passionate about the future of their adopted nation as anyone else
Britain's ugliest buildings: Which monstrosities should be nominated for the Dead Prize?

Blight club: Britain's ugliest buildings

Following the architect Cameron Sinclair's introduction of the Dead Prize, an award for ugly buildings, John Rentoul reflects on some of the biggest blots on the UK landscape