News

It was once only a brave investor who’d bet against fashion favourite Asos, but yesterday two City experts called time on the stock.

The great Bradley Wiggins is a class act on the track and the road

Inside Lines: Sir Brad, Dame Jess? Where the gongs will go

The column that runs rings round the rest

Morning ****; All That is Wrong, ***,
Traverse Theatre, Edinburgh

Are the kids alright? Not really, to judge by the Traverse’s theatre programme. In Simon Stephens’ Morning, which concludes with words “There is only terror. There is no hope”, the troubled state of today’s youth is laid bare in sinister and brutal fashion.

Russell Lynch: Is it any wonder that the summer spending boom has turned into a Fosbury flop?

George Osborne will have plenty to ponder when the Olympic caravan finally leaves town

Private banks: BofA ranks No 1

The top five firms in the private banking industry still come from America and Switzerland, led by Bank of America Merrill Lynch in first place with $2.1 trillion (£1.3trn) of assets under management, according to the annual Private Asset Managers Global 50.

Man Group names Sir Martin Sorrell's son Jonathan as finance chief to sooth investors

Jonathan Sorrell, son of the WPP advertising guru Sir Martin Sorrell, was hastily promoted to the position of finance director at Man Group yesterday after the struggling hedge fund giant sought to appease shareholders by ousting the incumbent, Kevin Hayes.

Sorrell steps in as finance chief at Man as Hayes steps down

Jonathan Sorrell, the son of WPP advertising guru Sir Martin Sorrell, was hastily promoted to position of finance director at Man Group yesterday after the struggling hedge fund giant sought to appease shareholders by ousting incumbent Kevin Hayes.

Stephen Foley: The nun, the merchant banker and a question of corporate ethics

US Outlook Nobody mentioned the name Greg Smith, though it is barely two months since the London-based trader quit Goldman Sachs citing a "toxic" culture where clients were regarded as "muppets" to be ripped off wherever possible.

MF Global's mega payout to boss

Jon Corzine was paid $8.35m (£5.3m) for running MF Global in the year leading up to its spectacular collapse, according to documents filed with a New York bankruptcy court.

European pain likely to trouble Vodafone

Vodafone will come under pressure to explain what contingency plans it is making for Greece's possible exit from the euro when the mobile giant reports annual profits on Tuesday.

Market Report: Bowleven back in the takeover spotlight

The rumour mill has been rather quiet around Bowleven as of late. It was a different story near the start of the year when punters were getting excited over the possibility of an approach. However, after Dubai's Dragon Oil decided in February that, having had a think, it was not going to make a bid, the West Africa-focused explorer has lost more than 40 per cent.

Stephen Foley: Regulator needs help to tame financial Wild West

At Goldman Gensler was lobbying for precisely the lack of oversight he now seeks to enforce

Goldman's O'Neill is tipped to join Bank governor race

In theory, the post of next Governor of the Bank of England won't even be advertised for several months.

Goldman's O'Neill tipped to join Bank governor race

In theory the post of next Governor of the Bank of England won't even be advertised for several months.

Hamish McRae: By 2015, doomsayers will be proved wrong

The UK is not in recession and is currently growing at an annual rate of between 1 per cent and 2 per cent. But the economy did dip briefly into negative growth last summer. The eurozone economy was shrinking during the second half of last year but has started to grow again, albeit very slowly. And the US did have a slowdown last year (though it just avoided shrinking) but is now growing at a little over 2 per cent a year.

LLOYD BLANKFEIN: The CEO and chairman has defended Goldman against recent attacks

Banking giant Goldman 'defers' £418m in tax

The London arm of Goldman Sachs paid only £4.1 million in corporation tax to the Treasury last year despite making pre-tax profits of £1.92 billion, annual accounts have revealed.

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University Edible Garden, Leeds – a sustainable garden in the centre of the university, passers-by can help themselves to the home-grown produce
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High-flyer: Chris Pratt in 'Guardians of the Galaxy'
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Van Gaal said that his challenge in taking over Bobby Robson's Barcelona team in 1993 has been easier than the task of resurrecting the current United side
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
How live cinema screenings can boost arts audiences

How live cinema screenings can boost arts audiences

Broadcasting plays and exhibitions to cinemas is a sure-fire box office smash
Shipping container hotels: Pop-up hotels filling a niche

Pop-up hotels filling a niche

Spending the night in a shipping container doesn't sound appealing, but these mobile crash pads are popping up at the summer's biggest events
Native American headdresses are not fashion accessories

Feather dust-up

A Canadian festival has banned Native American headwear. Haven't we been here before?
Boris Johnson's war on diesel

Boris Johnson's war on diesel

11m cars here run on diesel. It's seen as a greener alternative to unleaded petrol. So why is London's mayor on a crusade against the black pump?
5 best waterproof cameras

Splash and flash: 5 best waterproof cameras

Don't let water stop you taking snaps with one of these machines that will take you from the sand to meters deep
Louis van Gaal interview: Manchester United manager discusses tactics and rebuilding after the David Moyes era

Louis van Gaal interview

Manchester United manager discusses tactics and rebuilding after the David Moyes era
Will Gore: The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series

Will Gore: Outside Edge

The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz