The Co-operative Bank's disgraced former chairman, Paul Flowers, apparently won the job because he beat his rivals' psychometric test scores, MPs on the Treasury Committee have been told.
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Tuesday 22 May 2012
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).
'Amicable divorce'? Tycoon couple Dr Martin Coward and Elena Ambrosiadou show Greeks how millionaires do it...
Tuesday 15 May 2012
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.
Saturday 21 April 2012
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.
Wednesday 18 April 2012
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.
Tuesday 17 April 2012
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.
Saturday 14 April 2012
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.
Thursday 01 March 2012
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.
Wednesday 22 February 2012
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.
Monday 20 February 2012
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.
Sunday 19 February 2012
Union ties are as burdensome for Labour as the Tories' debt to wealthy donors. State funding beckons
Saturday 18 February 2012
You just have to mention the word pensions to see people's eyes glaze over.
Thursday 16 February 2012
Monday 06 February 2012
The Independent on Sunday: BP poised to give a boost to the dividend
Thursday 26 January 2012
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.
Thursday 19 January 2012
Four more hedge fund executives have been arrested in the US authorities' war against insider trading.
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more