News

Unilever has announced plans to ditch PricewaterhouseCoopers after 27 years and is set to move its  £18 million a year audit to rival KPMG.

Google ran a flurry of April Fools' Day gags, including the announcement of the introduction of a new version of Google Maps which supports the ‘long neglected’ Nintendo Entertainment System (NES).

EU gives Google 'weeks' to ease anti-trust concerns

The European Union said today that Google must in ''a matter of weeks" outline steps it is willing to take to ease concerns about alleged abuses of its dominant position in the online search market.

Hamish McRae: Vive l'eurozone – as long as France accepts more austerity

Economic Life: If growth disappoints, both presidential candidates would have to change course

OFT issues break-up warning to banks

The banking sector faces being broken up unless it shows a “step change” in competition, the head of the Office of Fair Trading warned today.

Europe set to block New York Stock exchange merger

The odds of a merger between the stock exchanges of New York and Europe dramatically lengthened last night after it emerged the European Commission competition regulator has recommended blocking the deal.

EU investigates Apple and five publishers over e-book pricing

European regulators have launched an investigation into some of the biggest names in publishing to discover whether, with the help of Apple, they have flouted competition rules over the pricing of electronic books.

Antitrust suit set to scupper AT&T's $39bn T-Mobile deal

US competition authorities moved last night to block a merger of two of the four largest mobile-phone operators in the country, saying the deal could raise prices and reduce services.

Haldanes and Co-op engage in legal battle over shop sale

A war of words and legal actions has broken out between the Co-operative Group and Haldanes. The fledgling supermarket chain has accused the UK's fifth biggest food retailer of wanting to drive it "out of business" after Haldanes bought more than 20 former Somerfield stores from the Co-op in early 2010.

Tyrie livid as Knight refuses to face TSC

In an angry exchange of letters, Andrew Tyrie, the head of one of Parliament's most powerful committees, describes the decision by Angela Knight, the head of the British Bankers' Association, not to appear before or to respond to the committee's inquiry into competition in the industry as "incomprehensible".

Payday loan chief denounces hidden fees of 'oligopoly' banks

Errol Damelin claims his high-interest loan business suits the needs of the Facebook generation

David Prosser: Ofgem's chance to settle the energy row

Outlook It was Centrica's turn yesterday, but ask any of the big six energy providers in the UK about profit margins and customer exploitation and you will get a similar answer: gas and electricity prices in the UK are lower than almost anywhere else in Europe, and countless – 15 or more – regulatory probes into the sector have passed without any substantive competition issues being identified.

EU expected to clear News Corp's Sky bid

The European Commission is expected to clear News Corporation's planned £12bn buyout of BSkyB this week.

The business on...Alistair Buchanan, Chief executive, Ofgem

The man taking on Britain's greedy energy companies at last?

The very same, although you might ask why it has taken so long: Mr Buchanan has run Ofgem, theregulator that polices the gas and electricity companies, since 2003. In his defence, there have been a string of reviews and investigations on his watch. We'll have to see what thelatest probe, unveiled yesterday, comes up with.

David Prosser: No easy answers on bandwidth charging

Outlook The suggestion yesterday from Ed Vaizey, the minister for culture, that Britain might allow internet service providers to charge content providers for the traffic they generate – threatening the principle of net neutrality – is a giant step.

Leading article: Check-out time for Sir Terry

Tesco's share price slid yesterday on the news that Sir Terry Leahy will step down as chief executive officer next year. It is an understandable reaction from investors. Sir Terry has been a phenomenal retailer since he took control of the supermarket chain 14 years ago. Under his direction, Tesco has overtaken Sainsbury's to grab 30 per cent share of the UK grocery market. A grocery business founded on the philosophy of "pile 'em high, sell 'em cheap" has managed to attract shoppers from across the social spectrum.

Garmin goes for Raymarine

Raymarine urged shareholders to take no action yesterday after its giant American rival Garmin tabled a bid, saying it would pay 15p a share cash for the debt-laden marine equipment manufacturer.

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Prices correct as of 28 November 2014
Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

Most of us would prefer to die in our own beds, with our families beside us. But, as a GP, Margaret McCartney sees too many end their days in a medicalised battle
Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

What does it take for women to get to the top?

Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

Simmy Richman visits Jack Masters, the company behind this year's multicultural must-have
French chefs have launched a campaign to end violence in kitchens - should British restaurants follow suit?

French chefs campaign against bullying

A group of top chefs signed a manifesto against violence in kitchens following the sacking of a chef at a Paris restaurant for scalding his kitchen assistant with a white-hot spoon
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

Radio 4 to broadcast 10-hour adaptation of War and Peace on first day of 2015
Cuba set to stage its first US musical in 50 years

Cuba to stage first US musical in 50 years

Claire Allfree finds out if the new production of Rent will hit the right note in Havana
Christmas 2014: 10 best educational toys

Learn and play: 10 best educational toys

Of course you want them to have fun, but even better if they can learn at the same time
Paul Scholes column: I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season

Paul Scholes column

I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season
Lewis Moody column: Stuart Lancaster has made all the right calls – now England must deliver

Lewis Moody: Lancaster has made all the right calls – now England must deliver

So what must the red-rose do differently? They have to take the points on offer 
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game