The leading London hedge fund player Blaine Tomlinson was considerably better off yesterday after the firm he founded 21 years ago was bought by Man Group for up to $82.8m (£52.3m).

While thousands of impoverished people in the crisis-hit countries of Europe have been marching in opposition to more spending cutbacks and austerity measures, rather different scenes will soon be played out in an Athens courtroom.

David Cameron's late father ran a network of offshore investment funds to help build up the family's fortune, it was claimed last night. Ian Cameron, a stockbroker, set up funds in tax havens such as Panama City and Geneva, and boasted of their ability to remain outside UK tax jurisdiction. There is no suggestion he acted illegally.

The House of Lords has its defenders, despite being unelected and despite membership being for life. Its ranks include business leaders, scientists, medical professionals, civil servants, judges, military officers and others who might be put off running for elected office, but bring in a rich experience of life outside politics. They are not paid a salary, though they receive generous attendance allowances, so it is accepted that some will have paid outside employment.

Bentleys, yachts and award-winning seafood restaurants are all well known to the residents of the three islands that make up the Cayman archipelago. But mention the islands' tax status and they're likely to clam up.

Russia's spy agency authorised a raid on a British investment firm in Moscow that led to a massive tax scam by allegedly corrupt officials and the death of a lawyer who tried to expose the fraud, new papers show. Sergei Magnitsky, a Moscow-based lawyer, died in November 2009 during pre-trial detention after he was arrested by a group of officials who were being investigated for tax fraud. No one has been imprisoned for his death.

Billions of dollars locked inside Lehman Brothers' European arm can be returned to clients in the US and around the world, following a ruling by the UK Supreme Court.

Manchester United's cash reserves fell by £100m in six months, in part to finance an investment in the squad attempting to win the fight for domestic supremacy with Manchester City.

Dubai is bracing itself for a hefty £400m loss as Travelodge, the debt-laden hotel group it bought near the top of the market, finalises a bailout that would obliterate its investment in the company.

Union ties are as burdensome for Labour as the Tories' debt to wealthy donors. State funding beckons

You just have to mention the word pensions to see people's eyes glaze over.

The Independent on Sunday: BP poised to give a boost to the dividend

David Einhorn, the brash American hedge fund manager famed for taking huge, aggressive bets against companies' share prices, has been slapped with a £7.2m fine for insider trading in the British pubs group Punch Taverns.