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.

NatWest staff face sack over pounds 50m loss

National Westminster Bank is expected to take tough disciplinary action this week against individuals held responsible for pounds 50m of losses incurred by the options trading department at NatWest Capital Markets, in an attempt to head off action by the Bank of England.

Mrs Howard denies jail comment

The wife of Michael Howard, the Home Secretary, yesterday instructed her lawyer to write to Granada TV, two newspapers, the publisher Penguin, and former the Prison Service chief Derek Lewis, denying claims that she had urged her husband to cut the nutritional content of food served to Britain's prisoners.

Bids create pounds 300m fee bonanza for lawyers

City law firms reaped rich rewards from last year's boom in takeover activity by scooping a record pounds 300m in fees, a 50 per cent increase from 1995.

pounds 1m payout for Wickes directors

The new chief executive and finance director of Wickes, the do- it-yourself retailer whose former bosses are being investigated for fraud, have been awarded salary and options package valued at more than pounds 1m each.

Wickes poised for pounds 50m cash call

Wickes, the DIY retailer, is likely to call on shareholders for extra cash this week. Some City analysts believe this could trigger a takeover bid for the company, whose former senior managers are under investigation by the Serious Fraud Office.

Room at the top

Roger Trapp reports on changes at the College of Law

Lawyers' bonanza as US firm hikes pay

Recruiters predict `salary warfare' to attract the best young minds

Law Reports: Case Summaries; 11 November 1996

Law Reports

Tiger sharks

The real competition between US and English lawyers is happening in Asia, report Richard Marsland and Nigel Page

Wickes report won't tell all

Wickes, the troubled DIY chain, will face investors' fury this week, when it reveals with a long- awaited circular that legal problems prevent it from publishing in full a damning report on irregular accounting practices.

Whitewash worries at Wickes

Lawyers' report expected not to urge action against former chief over pounds 50m of overstated profits

Wickes' mystery continues

Wickes, the troubled DIY group, is set to miss its self-imposed deadline set last month when the board said it would write to shareholders in September explaining how it over-stated profits by pounds 50m. It is understood that the new chairman, Michael von Brentano, will not be able to communicate with shareholders until next month.

Lawyers' pay soars to go-go Eighties levels

Many corporate lawyers are earning more than pounds 400,000 a year, with privatisation work and an upsurge in mergers and acquisitions sending their pay to their highest levels since the go-go years of the 1980s, according to a survey published today.

The DIY boss and the private network he assembled himself

Henry Sweetbaum, the ex-chief of Wickes, was involved in a chain of potentially conflicting interests

Ailing Wickes secures pounds 18m from banks

Wickes, the troubled DIY retailer laid low by the recent discovery of serious accounting irregularities, yesterday said it had secured the support of its syndicate of 11 banks to provide new lending facilities.
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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
Middle East crisis: We know all too much about the cruelty of Isis – but all too little about who they are

We know all too much about the cruelty of Isis – but all too little about who they are

Now Obama has seen the next US reporter to be threatened with beheading, will he blink, asks Robert Fisk
Neanderthals lived alongside humans for centuries, latest study shows

Final resting place of our Neanderthal neighbours revealed

Bones dated to 40,000 years ago show species may have died out in Belgium species co-existed
Scottish independence: The new Scots who hold fate of the UK in their hands

The new Scots who hold fate of the UK in their hands

Scotland’s immigrants are as passionate about the future of their adopted nation as anyone else
Britain's ugliest buildings: Which monstrosities should be nominated for the Dead Prize?

Blight club: Britain's ugliest buildings

Following the architect Cameron Sinclair's introduction of the Dead Prize, an award for ugly buildings, John Rentoul reflects on some of the biggest blots on the UK landscape
Culture Minister Ed Vaizey: ‘lack of ethnic minority and black faces on TV is weird’

'Lack of ethnic minority and black faces on TV is weird'

Culture Minister Ed Vaizey calls for immediate action to address the problem
Josephine Dickinson: 'A cochlear implant helped me to discover a new world of sound'

Josephine Dickinson: 'How I discovered a new world of sound'

After going deaf as a child, musician and poet Josephine Dickinson made do with a hearing aid for five decades. Then she had a cochlear implant - and everything changed
Greggs Google fail: Was the bakery's response to its logo mishap a stroke of marketing genius?

Greggs gives lesson in crisis management

After a mishap with their logo, high street staple Greggs went viral this week. But, as Simon Usborne discovers, their social media response was anything but half baked
Matthew McConaughey has been singing the praises of bumbags (shame he doesn't know how to wear one)

Matthew McConaughey sings the praises of bumbags

Shame he doesn't know how to wear one. Harriet Walker explains the dos and don'ts of fanny packs
7 best quadcopters and drones

Flying fun: 7 best quadcopters and drones

From state of the art devices with stabilised cameras to mini gadgets that can soar around the home, we take some flying objects for a spin
Joey Barton: ‘I’ve been guilty of getting a bit irate’

Joey Barton: ‘I’ve been guilty of getting a bit irate’

The midfielder returned to the Premier League after two years last weekend. The controversial character had much to discuss after his first game back
Andy Murray: I quit while I’m ahead too often

Andy Murray: I quit while I’m ahead too often

British No 1 knows his consistency as well as his fitness needs working on as he prepares for the US Open after a ‘very, very up and down’ year
Ferguson: In the heartlands of America, a descent into madness

A descent into madness in America's heartlands

David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

BBC faces corruption allegation over its Sir Cliff police raid coverage

Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home
Lauded therapist Harley Mille still in limbo as battle to stay in Britain drags on

Lauded therapist still in limbo as battle to stay in Britain drags on

Australian Harley Miller is as frustrated by court delays as she is with the idiosyncrasies of immigration law
Lewis Fry Richardson's weather forecasts changed the world. But could his predictions of war do the same?

Lewis Fry Richardson's weather forecasts changed the world...

But could his predictions of war do the same?