News

Outlook Billionaire Thomas Sandell is making it quite clear that it will take more than a couple of paracetamol to handle the headache he is causing for FirstGroup.

The public will be able to buy shares through an online retail offer

Banks to earn millions in Royal Mail privatisation

Of the seven City institutions appointed to steer through the IPO, only one is British

Top five law firms in pay bonanza despite flat profits

Top partners at the country’s five most prestigious law firms have shared in a £2.2 billion pay jackpot, according to new research, as Freshfields and Linklaters unveiled contrasting annual results today.

Women missing out on senior lawyer positions

Fewer than one-tenth of senior lawyers are women, putting paid to claims that the profession is one of the City's most equal industries.

Herbert Smith in tie-up to form new legal giant

A new legal giant emerges today as London-based Herbert Smith and Australian group Freehills start formally trading under the same banner.

Murdoch was told phone hacking was 'rife' at NOTW

A key email which cast significant doubt on James Murdoch’s repeated assertions that he was never told about the true extent of phone hacking at the News of the World was kept from public disclosure last year while the media heir faced a shareholder revolt over his leadership of BSkyB.

Paul Gascoigne has settled his claim against News International

Sorry day for Murdoch as High Court hears hacking apology

News International hopes to settle claims - but lawyer says more victims emerge every day

The business on: Sir Adrian Montague, Chairman, 3i

Aren't they the acceptable face of private equity?

Stilettos at dawn...fashion giant sees red over a shoe

Christian Louboutin's vertiginous designs have been spotted on the feet of Oprah Winfrey, Carla Bruni, Renée Zellweger and Beyoncé Knowles. How do we know? Because whenever a starlet takes a step, she reveals a trademark flash of scarlet lacquer on the sole of her shoes.

Cameron warns banks to show restraint or face new tax rise

David Cameron yesterday issued his toughest warning yet that Britain's banks will face a further tax hike if they keep paying out huge bonuses, as regulators unveiled new rules aimed at curbing risk-taking and excess.

EU key commodity speculation curbs

EU regulators could follow in the footsteps of their US counterparts after the European Commission published plans to curb speculation in the trading of key commodities follow sharp spikes in food and energy prices in 2008.

Top lawyers toast record earnings but revenues fall

Despite the recession causing a fall in the combined billing fees of the UK's 100 biggest law firms for the first time in nearly 20 years, top lawyers are earning more than ever.

European court rules Google's ad model is legal

Europe's highest court ruled Google did not infringe trademark law by selling keywords to trigger ads after Louis Vuitton and others said the practice undermined their brands.

Business Diary: Are these legal eagles embarrassed?

Now it has been revealed that Linklaters provided the advice that allowed Lehman Brothers to use a highly controversial accounting technique to conceal as much as $50bn (£33bn) in debt – all perfectly legal, to be fair – perhaps it might want to remove the page of associate Matthew Honeyben from the recruitment section of its website. In it he waxes lyrical about his work on the administration of, erm, Lehman Brothers.

Fraud charges loom for Lehman Bros

Investigation into bank's collapse questions why $50bn in risky assets was not made public
Sport
Alexis Sanchez has completed a £35m move to Arsenal, the club have confirmed
sportGunners complete £35m signing of Barcelona forward
Voices
Poor teachers should be fearful of not getting pay rises or losing their job if they fail to perform, Steve Fairclough, headteacher of Abbotsholme School, suggested
voicesChris Sloggett explains why it has become an impossible career path
Sport
world cup 2014
Sport
Ray Whelan was arrested earlier this week
Arts and Entertainment
In a minor key: Keira Knightley in the lightweight 'Begin Again'
film
Arts and Entertainment
Celebrated children’s author Allan Ahlberg, best known for Each Peach Pear Plum
books
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peopleIndian actress known as the 'Grand Old Lady of Bollywood' was 102
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Wayne’s estate faces a claim for alleged copyright breaches
newsJohn Wayne's heirs duke it out with university over use of the late film star's nickname
Life and Style
It beggars belief: the homeless and hungry are weary, tortured, ghosts of people – with bodies contorted by imperceptible pain
lifeRough sleepers exist in every city. Hear the stories of those whose luck has run out
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Mick Jagger performing at Glastonbury
people
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A History of the First World War in 100 Moments: Peace without magnanimity - the summit in a railway siding that ended the fighting

A History of the First World War in 100 Moments

Peace without magnanimity - the summit in a railway siding that ended the fighting
Scottish independence: How the Commonwealth Games could swing the vote

Scottish independence: How the Commonwealth Games could swing the vote

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Out in the cold: A writer spends a night on the streets and hears the stories of the homeless

A writer spends a night on the streets

Rough sleepers - the homeless, the destitute and the drunk - exist in every city. Will Nicoll meets those whose luck has run out
Striking new stations, high-speed links and (whisper it) better services - the UK's railways are entering a new golden age

UK's railways are entering a new golden age

New stations are opening across the country and our railways appear to be entering an era not seen in Britain since the early 1950s
Conchita Wurst becomes a 'bride' on the Paris catwalk - and proves there is life after Eurovision

Conchita becomes a 'bride' on Paris catwalk

Alexander Fury salutes the Eurovision Song Contest winner's latest triumph
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Pétanque 'world cup' hit by death threats

This year's most acrimonious sporting event took place in France, not Brazil. How did pétanque get so passionate?
Whelks are healthy, versatile and sustainable - so why did we stop eating them in the UK?

Why did we stop eating whelks?

Whelks were the Victorian equivalent of the donor kebab and our stocks are abundant. So why do we now export them all to the Far East?
10 best women's sunglasses

In the shade: 10 best women's sunglasses

From luxury bespoke eyewear to fun festival sunnies, we round up the shades to be seen in this summer
Germany vs Argentina World Cup 2014: Lionel Messi? Javier Mascherano is key for Argentina...

World Cup final: Messi? Mascherano is key for Argentina...

No 10 is always centre of attention but Barça team-mate is just as crucial to finalists’ hopes
Siobhan-Marie O’Connor: Swimmer knows she needs Glasgow joy on road to Rio

Siobhan-Marie O’Connor: Swimmer needs Glasgow joy on road to Rio

18-year-old says this month’s Commonwealth Games are a key staging post in her career before time slips away
The true Gaza back-story that the Israelis aren’t telling this week

The true Gaza back-story that the Israelis aren’t telling this week

A future Palestine state will have no borders and be an enclave within Israel, surrounded on all sides by Israeli-held territory, says Robert Fisk
A History of the First World War in 100 Moments: The German people demand an end to the fighting

A History of the First World War in 100 Moments

The German people demand an end to the fighting
New play by Oscar Wilde's grandson reveals what the Irish wit said at his trials

New play reveals what Oscar Wilde said at trials

For a century, what Wilde actually said at his trials was a mystery. But the recent discovery of shorthand notes changed that. Now his grandson Merlin Holland has turned them into a play
Can scientists save the world's sea life from

Can scientists save our sea life?

By the end of the century, the only living things left in our oceans could be plankton and jellyfish. Alex Renton meets the scientists who are trying to turn the tide
Richard III, Trafalgar Studios, review: Martin Freeman gives highly intelligent performance

Richard III review

Martin Freeman’s psychotic monarch is big on mockery but wanting in malice