News

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

Moves for extra £50bn from Bank

Turmoil in Spain and Greece fuels calls for another round of quantitative easing for UK economy

Collapse in UK factory figures fuels call for more stimulus

Biggest fall in manufacturing sector since 2008 as eurozone crisis hits confidence and orders

Lloyds suspends traders

Lloyds, the state-backed lender, is believed to have suspended at least two traders as it investigates possible interest rate manipulation.

Market Report: Weather threatens to rain on Kingfisher's update

It is always easy to blame the weather. While most stocks on the Footsie were heating up yesterday, Kingfisher ended up looking rather soggy amid warnings that the recent downpours may result in the retailer's trading update at the end of the month turning out to be a bit of a damp squib.

Market Report: FirstGroup stuck in reverse with margins set to nosedive

The shares of the bus company go down, down, down. FirstGroup remained stuck in reverse gear yesterday, as those at the wheel of the transport firm came under fire following last week's admission that margins at its UK bus unit would drop by more than a third this year.

Shell chief's pay package more than doubles but the dividend stays flat

Peter Voser, the chief executive of Royal Dutch Shell, saw his total pay packet more than double in 2011, a year when shareholders in the oil supermajor had to make do with flat dividend payouts.

RBS and Goodwin sued for £2.4bn by angry investors

Royal Bank of Scotland and former directors including former chief executive Fred Goodwin and former chairman Sir Tom McKillop have been hit with a £2.4bn legal claim from angry investors in the taxpayer bailed-out bank.

RBS and Goodwin sued for £2.4bn by angry investors

Shareholders claim the bailed-out bank's former bosses misled them over a rights issue in 2008

Market Report: Imperial Tobacco shares light up on takeover talk

There's no stubbing out the takeover talk around Imperial Tobacco at the moment. The cigarette manufacturer, whose brands include Lambert & Butler, set a new, all-time high last night, after its share price once again lit up on suggestions its days of independence might be numbered.

Market Report: Next best thing as fashion grows for clothes retailers

Optimism that conditions might be easing for clothing retailers persuaded investors to stock up on Next yesterday, despite claims the level of service on the high street is waning.

Credit Suisse bankers suffer the biggest cut after lossesin bonuses

Bankers at Credit Suisse are set to take the biggest cut in bonuses so far in the 2011 bank reporting season. Across the group, which employs thousands in its Canary Wharf offices in London, the average bonus cut is 41 per cent. The 15 executive directors will take a 57 per cent cut.

Bonuses slashed as Credit Suisse slides into the red

Bankers at Credit Suisse are set to take the biggest cut in bonuses so far in the 2011 bank reporting season.

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Pompeii, Capri & the Bay of Naples
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Minoan Crete and Santorini
Prices correct as of 15 May 2015
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

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However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones
Theme parks continue to draw in thrill-seekers despite the risks - so why are we so addicted?

Why are we addicted to theme parks?

Now that Banksy has unveiled his own dystopian version, Christopher Beanland considers the ups and downs of our endless quest for amusement
Tourism in Iran: The country will soon be opening up again after years of isolation

Iran is opening up again to tourists

After years of isolation, Iran is reopening its embassies abroad. Soon, there'll be the chance for the adventurous to holiday there
10 best PS4 games

10 best PS4 games

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Transfer window: Ten things we learnt

Ten things we learnt from the transfer window

Record-breaking spending shows FFP restraint no longer applies
Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

Nine of Syria and Iraq's 10 world heritage sites are in danger...

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Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

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An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack
Why Frederick Forsyth's spying days could spell disaster for today's journalists

Why Frederick Forsyth's spying days could spell disaster for today's journalists

The author of 'The Day of the Jackal' has revealed he spied for MI6 while a foreign correspondent