Government will control entire market 'from seed to smoke,' in a bid to curb addiction and drug violence

New bank will be backed by Rothschild

Britain's largest banks will present their "living wills" to the Financial Services Authority (FSA) next month, ahead of the G20 summit of leading industrialised nations in South Korea.

Soros buys 4% of Bombay bourse

The billionaire investor George Soros, famed for profiting from the collapse of sterling on Black Wednesday in 1992, has bought into the Bombay Stock Exchange (BSE).

Business Diary: Dudley follows Hayward's lead

So farewell Tony Hayward and hello Bob Dudley. The outgoing and incoming BP chief executives have one thing in common already: just as the bookies took large bets on Hayward being forced to quit, so too are punters backing Dudley not to last. Ladbrokes has just cut its odds on Dudley not surviving in his new role for more than two years from 8/11 to 4/9. "To say the role is a poisoned chalice is an understatement," says the bookmaker's spokesman Nick Weinberg.

Discovery Metals looks to raise $150m to develop Botswana copper mine

Discovery Metals, the AIM-listed miner that has investment sage George Soros as a shareholder, is looking to raise $150m in loans and new shares later this year.

The Business On... Jim Rogers, Investor

Why is he in the news?

Fear and loathing as the hedge funds take on the euro

Gigantic bets against the euro have fuelled rumours of a hedge fund plot to cash in on the Greek crisis

Call for 'Robin Hood tax' on banking transactions

The clamour for a global tax on banking transactions gathered pace last night, as further evidence emerged of investment-bank returning to bumper profits.

David Prosser: Bankers are feeling the heat in Davos

Outlook And so the fightback begins. You might say it was cowardly of the world's top bankers to wait until they had ducked behind the security barriers at Davos to come out swinging against regulatory reform, but until now no one has been prepared to put their head above the parapet. Strength in numbers was the feeling at the World Economic Forum yesterday, with a string of senior bankers speaking out.

Copenhagen diary (11/12/09)

* George Soros, the Hungarian-American billionaire investor, wowed the conference yesterday with his bold proposals to provide up to $150bn to enable poor countries to use clean technology. All that is lacking, he said, is the "political will" to make it happen. Perhaps someone could suggest that Mr Soros lead the way himself? Come on George, it's for a good cause...

Ben Chu: Strong meat from a poacher turned gamekeeper

I don't know whether George Soros's interesting personal history as a poacher turned gamekeeper makes his ideas on financial reform more or less credible.

Stop the fat-cat bonuses! George Soros turns on the bankers

As bailed-out institutions plan to share billions among staff, top figures in the City – including bank directors – call on the Government to take decisive action at last

The Power Of Yes, NT: Lyttelton, London

Subtitled "a dramatist seeks to understand the financial crisis", David Hare's hotly anticipated new piece is not so much a play proper as an edited dramatisation of the research process that could have led to one. Portrayed by Anthony Calf, the author-figure (who is a version of Hare) takes to the stage and scribbles endlessly in a notebook, while quizzing a recurring crew of financiers, politicians and journalists. But you feel that he must have been trapped for the past year in a bunker, such is the surprise he evinces when these men in suits (who include Adair Turner, the chairman of the Financial Services Authority and George Soros, a US banker) march forward and bark at him what we largely already know.

Prophets of doom see new bubbles

Two of the world's most influential investment gurus warned yesterday that financial markets were turning into "bubbles".

Soros calls for ban on credit default swaps

George Soros, the billionaire hedge fund manager, called for credit default swaps to be banned, saying these financial instruments had the potential to wreck individual companies and to bring down the banking system.

FootballGerman sparks three goals in four minutes at favourite No 10 role
Rumer was diagnosed with bipolarity, attention deficit hyperactivity disorder and post-traumatic stress disorder: 'I was convinced it was a misdiagnosis'
peopleHer debut album caused her post-traumatic stress - how will she cope as she releases her third record?
A long jumper competes in the 80-to-84-year-old age division at the 2007 World Masters Championships
Radamel Falcao was forced to withdraw from the World Cup after undergoing surgery
premier leagueExclusive: Reds have agreement with Monaco
Arts and Entertainment
'New Tricks' star Dennis Waterman is departing from the show after he completes filming on two more episodes
tvHe is only remaining member of original cast
Life and Style
Walking tall: unlike some, Donatella Versace showed a strong and vibrant collection
fashionAlexander Fury on the staid Italian clothing industry
Arts and Entertainment
Gregory Porter learnt about his father’s voice at his funeral
Career Services

Day In a Page

Independent Travel
Languedoc Roussillon
Marrakesh & the Atlas Mountains
The Jura Mountains
Dubrovnik & the Dalmatian Coast
Prices correct as of 17 September 2014
Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam