News

Istanbul aggressively increased its overnight lending rate to 12% from 7.75%

Slow growth could put £81bn dent in Chancellor's plans

Osborne might have to resort to 'dark arts' to hit targets as eurozone crisis throws out forecasts, say economists

Market Report: Melrose dips as momentum slows

Engineering firms topped and tailed the benchmark index yesterday. There was a contrast in fortunes for IMI and Melrose.

Emerging from the gloom? The Bank of England in London

Smoke and mirrors? A real boost for Chancellor? Or is £35bn Bank deal just an accounting exercise deal?

George Osborne has been accused of resorting to “smoke and mirrors” to give himself a fighting chance of hitting his self-imposed debt reduction targets.

UK recovery slowest in a century

The economy may have clawed its way out of recession, but growth is still virtually stagnant

Four are charged in £3m City insider-trading case

Four men, including one of the most senior bankers in the City, were today charged with insider trading by the leading finance watchdog.

Top banker faces £3m insider trading charge

Former Treasury adviser Martyn Dodgson facing prosecution over long-running conspiracy

Only third of massacre-hit mine Lonmin's workforce report for duty as bosses back down from sacking threats

The South African mine that saw 34 of its workers shot by police suffered further disruption today after only one in five wildcat strikers reported for duty.

Lonmin mine disruption continues

The South African mine at the centre of the violence that saw 34 people gunned down resumed production today after nearly a third of its staff returned to work.

Arrests soon in rate-fix scandal

International inquiries into the Libor-fixing scandal are soon to result in arrests, it was reported yesterday, but UK authorities still appear to be lagging their international peers.

Fears of a third quarter of recession add to Osborne's woes

Chancellor George Osborne faces fresh political embarrassment this week as the nation's number-crunchers condemn the struggling UK economy to a third successive quarter of recession.

Market Report: Resolution's payout freeze chills shares

There is not much worse than being promised something before it is cruelly snatched away. That's the situation in which unimpressed investors in Resolution found themselves yesterday after the insurance conglomerate cancelled a £250m handout.

Market Report: Political paralysis puts a drag on Drax

Punters in Drax will be forgiven for wishing politicians would just get their act together. The power station operator has been waiting on tenterhooks for the government to make a decision on green energy subsidies, seen as vital to its future plans and, according to some, its takeover potential.

New firm for sport and forces people

If anything should go wrong for Jessica Ennis's bid for Olympic gold this summer, she could always consider banking.

What the Sunday papers said...

The Independent on Sunday: Germany ratchets up inquiry into interbank rate deals

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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