Jail-sentenced billionaire Mehmet Karamehmet is being sued for almost $10m (£6.6m) in the High Court over loans issued to Maltese shipping company Blue Shipping.

Tax surge boost for the public finances

Soaring VAT payments help take the pressure off government debt as the threat of a bear market recedes

NatWest shares hit record high on rumours of strike

Shares in National Westminster Bank soared to a record high yesterday as renewed takeover speculation surrounded the group. NatWest shares closed 42.5p higher at 849.5p with some City dealers talking of an "imminent strike".

Intelligent Buildings: Dream works

From Spielberg's new studio in California to the Inland Revenue offices in Nottingham, architects are responding to the Information Age with revolutionary designs. Intelligent Spaces, a book by Otto Riewoldt, shows the buildings fit for today's smart, new workforce

MARKET REPORT: The Abbey habit leads a return to winning ways

You can't keep a good takeover story down and one of the best yarns to captivate the stock market is swirling around again - that mammoth bid for Abbey National.

Oh Mr Bond, your euro is just so sexy

A COUPLE of months ago, I got into a good-natured argument with one of the biggest borrowers on the international bond market.

The Garden of Mammon

At the heart of Frankfurt's Commerzbank, the tallest building in Europe, is a series of 'sky gardens' planted with olive trees and acacias, enabling German bankers to commune with Nature while making their piles of money grow. By Jonathan Glancey

CURRENCIES : Pound and dollar up to the mark

The pound and the dollar could both climb to new highs against the German mark in the days ahead. After rising steadily last week they paused on Friday, but the conditions appear right for them to break through the resistance they met late in the day.

T&N to cut global jobs after pounds 388m loss

T&N, the automotive components group, was left reeling from a series of blows yesterday after unveiling plans to axe an expected 2,500 jobs from its worldwide operations alongside a record pounds 388m loss for last year.

German banks switch trade from City

Three German banks dealt a blow to the City yesterday by announcing that they would switch some of their trading operations to Frankfurt, writes Diane Coyle.

The PEP providers

Abtrust began in the 1870s financing Scottish farmers opening up the Canadian prairies. Today it manages assets worth pounds 2.7bn, of which the PEP and unit trust business accounts for almost pounds 800m. Minimum investment: pounds 500 or pounds 25 monthly. Phone: 01224 631999.

T&N undergoes a sea change

The Investment Column

Interest rates fall across Europe

Germany throws lifeline to French franc as Bundesbank makes sharp cut in cost of borrowing

Reach for the sky?

Norman Foster's plans for the Baltic Exchange site will overshadow the City of London. But do we need such altitude? And what's behind the impulse to build tall?

MEPC fails to raise the pulse: The Investment Column

Property companies have yet to come in from the cold after the boom-and-bust years of the late Eighties and the false dawn of three years ago. In the case of MEPC, the second-largest player in the UK sector, paying an uncovered dividend for several years did little to improve adverse sentiment.

`Tunnel gangsters'

`Tunnel gangsters'
Arts and Entertainment
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
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Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

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With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

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We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

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Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices
Could our smartphones soon be diagnosing diseases via Health Kit and Google Fit?

Could smartphones soon be diagnosing diseases?

Health Kit and Google Fit have been described as "the beginning of a health revolution"
Ryanair has turned on the 'charm offensive' but can we learn to love the cut-price carrier again?

Can we learn to love Ryanair again?

Four recent travellers give their verdicts on the carrier's improved customer service
Billionaire founder of Spanx launches range of jeans that offers

Spanx launches range of jeans

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10 best over-ear headphones

Aural pleasure: 10 best over-ear headphones

Listen to your favourite tracks with this selection, offering everything from lambskin earmuffs to stainless steel
Commonwealth Games 2014: David Millar ready to serve up gold for his beloved Scotland in the end

Commonwealth Games

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UCI Mountain Bike World Cup 2014: Downhill all the way to the top for the Atherton siblings

UCI Mountain Bike World Cup

Downhill all the way to the top for the Atherton siblings
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A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

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He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star