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Serco has attracted criticism for its role in the tagging scandal

Jeremy Stafford quits as UK chief of scandal-hit security group Serco

The scandal-hit outsourcing group Serco has parted with the head of its domestic business as it tries to repair its relationship with its largest customer, the UK Government.

Glencore claims long, boozy City lunches are no more

It's a tradition that has thrived in London's financial districts since Hogarth wielded his brush: the four-bottle business lunch.

Market Report: Contract delays have increased the risk Petrofac will miss its 2014 targets

Petrofac played the ugly sister to the Kentz Cinderella story yesterday as the oil services groups produced staggeringly different results.

Bosses of companies in Britain's FTSE 100 index have enjoyed a 14 per cent boost in total pay

Top company bosses’ pay rising at 20 times rate of ordinary workers

FTSE 100 directors’ total remuneration up 14 per cent on share award deals

Serco shares crash 17 per cent as crisis triggers massive profits warning

Around £450m is wiped off the value of troubled security-services firm

Independent redesign: This is a vehicle for world-class writing, and now smarter than ever

Every font in this newspaper has now been especially designed  for us

MVF co-founder and chief executive Titus Sharpe

Founders of UK's fastest growing tech firm buy back former business

The founders of the UK's fastest growing technology company have bought back the business they sold to a billion pound company just five years ago.

On the up – the number of women in British boardrooms rises to 19%

Vince Cable believes target of 25 per cent female representation by 2015 can be met

Wolseley cheers with £300m dividend on US recovery

Wolseley, the FTSE 100 supplier of heating and plumbing kit, beat City profit forecasts today and said it would return another £300 million to shareholders on top of its usual dividend.

G4S ‘is facing a call to break up’

The activist investor fund chaired by Lord Myners, the former minister for UK financial services, is reported to be pushing G4S to break itself up.

EDF Energy heads off strikes at its N-plants

Negotiators at EDF Energy have averted strikes at its lucrative British nuclear business, agreeing to hand about 3,000 workers a 2.5 per cent pay rise and lump sum bonus.

Babcock takes nuclear option for new name

Engineer Babcock International is renaming its £270m-turnover civil nuclear division after Henry Cavendish, the 18th-century physicist who discovered hydrogen (right), having been banned from using its own name.

James Moore: Commission drops the ball on auditor rotation

Outlook One aspect where lots of companies could do with improving their housekeeping is in the rotation of auditors.

Former BG Group boss Sir Frank Chapman

The richest pensioner on the FTSE 100: Former boss of BG Group, Sir Frank Chapman, has pot worth more £22m

Sir Frank Chapman, the former boss of oil and gas company BG Group, is revealed as the richest pensioner in the FTSE 100 with a pot worth more than £22m when he stepped down.

Ryanair is now slashing capacity over winter, grounding as many as 80 aircraft to cut costs

Low-cost airline Ryanair goes into a steep dive after shock profits warning

Firm is now slashing capacity over winter, grounding as many as 80 aircraft to cut costs

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Giants Club: After wholesale butchery of Idi Amin's regime, Uganda’s giants flourish once again

Uganda's giants are flourishing once again

After the wholesale butchery of Idi Amin's regime, elephant populations are finally recovering
The London: After 350 years, the riddle of Britain's exploding fleet is finally solved

After 350 years, the riddle of Britain's exploding fleet is finally solved

Archaeologists will recover a crucial item from the wreck of the London which could help shed more light on what happened in the vessel's final seconds
Airbus has patented a jet that could fly from London to New York in one hour

Airbus has patented a jet that could fly from London to New York in one hour

The invention involves turbojets and ramjets - a type of jet engine - and a rocket motor
10 best sun creams for kids

10 best sun creams for kids

Protect delicate and sensitive skin with products specially formulated for little ones
Tate Sensorium: New exhibition at Tate Britain invites art lovers to taste, smell and hear art

Tate Sensorium

New exhibition at Tate Britain invites art lovers to taste, smell and hear art
Ashes 2015: Nice guy Steven Finn is making up for lost time – and quickly

Nice guy Finn is making up for lost time – and quickly

He was man-of-the-match in the third Test following his recall to the England side
Ashes 2015: Remember Ashton Agar? The No 11 that nearly toppled England

Remember Ashton Agar?

The No 11 that nearly toppled England
Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks