Pincer movement: Angela Hartnett champions the cause of the brown crab

Why does Britain export 90 per cent of its brown crabs? We should be enjoying them ourselves, argues chef Angela Hartnett.

Delay in City watchdog's report on the rescue of RBS

The long-awaited Financial Services Authority report into the events leading up to the rescue of the Royal Bank of Scotland is likely to be delayed until next month.

UBS chief waives bonus for 2010

Oswald Gruebel, the chief executive of UBS, has decided to forgo his annual bonus for the second consecutive year after the Swiss bank's share price failed to rise in 2010.

Managers of London's fire engines face financial meltdown

The company that runs London's fleet of fire engines faces a financial crisis over unpaid taxes after the Inland Revenue applied for a winding-up petition from the court.

JJB seeks backing for rescue plan

JJB Sports submitted a final draft of its restructuring plan to its lender, Bank of Scotland, yesterday.

JD Sports backs off as JJB seeks to reach creditors' agreement

JD Sports is not pursuing its takeover talks for rival JJB Sports while it awaits the outcome of the latter's proposed rescue plan.

Repossessions fall to a three-year low

The number of householders who had their homes repossessed fell to a three-year low in 2010, figures showed today.

Wardens plan to rescue 140 nature reserves

The wardens of England's 140 state-run national nature reserves want to form their own mutual company to save these "wildlife jewels in the crown" from the consequences of government proposals to dispose of them.

Tensions high over bailouts as eurozone summit begins

Europe's debt crisis will top the agenda when finance ministers from the 17 eurozone nations begin meeting in Brussels today, amid signs of political discord over whether or not to increase the size of the EU emergency rescue fund.

Gartmore boss to depart with £5m pay-off after rescue deal

The spectre of rewards for failure returned to haunt the City yesterday as it emerged that Gartmore chief executive Jeffrey Meyer will depart from the company with a £5m pay-off after its rescue by rival Henderson for £335m – £465m less than the company was worth when it floated on the London Stock Exchange.

Sleeping Beauty, Richmond Theatre, Surrey

Princess Beauty sleeps for a 100 years before the Prince she's met in the forest wakes her with a kiss. No jumped-up modern reading is going to sully that story at Richmond, where traditional pantomime is a staple of the season every year: a packed matinée of middle-class moppets and mothers is a perfect cultural indicator, even during a recession.

Ancelotti given more time as Hiddink says 'no chance' of rescue act

Guus Hiddink, the experienced Dutch manager who led Chelsea for three months in 2009, has ruled out any possibility of parachuting into the club for a second time should Carlo Ancelotti be sacked as manager.

Hamish McRae: Here's the secret of happiness for 2011: Keep your expectations low

There is a lot to be said for having low expectations. Actually 2010 turned out to be a rather better year for the UK economy than most people expected.

OECD warns Europe over new bank rescues

More European banks may have to be rescued, the Organisation for Economic Co-Operation and Development, the "club" of the world most advanced economies, warned today.

Sean O'Grady: With the rescue Eire's troubles really begin

The trouble with being rescued, as the Irish may discover, is that the people from the European Union or the International Monetary Fund who fly in to run your economy have no more a monopoly on wisdom than the "Useless gobshites" who have recently been relieved of that duty. (That description, by the way, of the Taoiseach and his colleagues comes from a recent front page of the Irish Daily Star, and has not been bettered).

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