News Moya Greene in red at the London Stock Exchange in October 2013; Moya Greene's £1.5m earnings were modest compared to those of other FTSE 100 bosses

Don’t judge me on the Royal Mail float today, said Vince Cable in October. Judge me in three months’ time.

Vince Cable seeks 'no-fault dismissal' rule

The Government today sparked a fierce debate over employment rights after calling for evidence on whether rules covering the dismissal of workers were too “complex” and should be changed.

French minister Alain Juppe aims to calm UK row

One of the most senior members of Nicolas Sarkozy's government has moved to calm tensions between the UK and France, following the war of words sparked by David Cameron's use of Britain's veto to block an EU treaty.

Investors should get pay veto, says IoD

Shareholders should be given the right to veto "fat cat" pay packages, one of Britain's most influential business lobbying groups saidyesterday, on the final day of a Government consultation on executive remuneration.

Former royal aide to run Institute of Directors

Simon Walker, the man brought in to clean up the image of the private equity industry in the UK four years ago, has been appointed to run the Institute of Directors (IoD). He pledged yesterday to campaign for lower taxes and less regulation for UK businesses.

Head of TIGA wins leadership award

The head of an organisation representing the UK videogames industry has won a top personal award for his leadership.

EU maternity leave plans rejected

The Government has welcomed moves to shelve EU maternity leave plans which would have cost the Treasury an extra £2.5 billion a year.

Leading article: The Chancellor has elected to pick a fight

In a speech to the Institute of Directors this week, George Osborne took aim at the "costly impact" of Britain's employment regulations. The Chancellor promised that the Government would publish a "wholesale review" of this area of the law. This will apparently look at the unlimited penalties applied to discrimination in employment tribunals and aim to "simplify" the administration of the minimum wage. It will also "review" those regulations that guarantee the existing pay and conditions of workers when their employer is taken over and "reform" the consultation period for collective redundancies. These are all vague words. And it is unclear what the implications will be.

Employment and planning laws 'should favour firms'

Employment and planning laws should be overhauled in favour of companies to kickstart the economy, business leaders told the Government today.

Compulsory retirement at 65 to be abolished

The Government is to press ahead with plans to end compulsory retirement at 65 despite calls from business for the move to be delayed, it was announced today.

Government scraps Labour's planned rules on equal pay

The Government has scrapped plans to force big businesses to disclose the difference in pay for men and women they employ, on the day it emerged that little progress had been made in bringing women into the boardroom.

David Prosser: Legislation is the only hope for fairer pay and better balance on boards

Outlook So will the Government have the guts to implement the recommendations made today by Will Hutton's Fair Pay Review? Since this is only an interim report, we won't find out for a while yet but, in the meantime, note one of the arguments Mr Hutton puts forward for a cap on the pay of public sector executives as a multiple of that of junior staff. It is that rather than importing the worst excesses of the private sector, in the name of competing for talent, the public sector ought to set an example in the hope that its opposite number follows.

Economic outlook 'uncertain'

The outlook for the economy is "inherently uncertain" and recovery will be slower than after previous recessions, the UK's tax and spending watchdog warned today.

Osborne warned austerity policy may be too harsh

Chancellor's strategy called into question as national debt approaches £1trn mark

Olympics customer services scheme aims to train 200,000

A campaign to train 200,000 hospitality and tourism staff and tackle poor customer service ahead of the London 2012 Olympic Games was launched today.

Business Diary: Consolation prizes for Forgemasters

Congratulations to Graham Honeyman, the chief executive of Sheffield Forgemasters, who has just won the Institute of Directors' prestigious director of the year award, as well as two other gongs at the same shindig.

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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
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform