RAB Capital will this month attempt to prevent investors from pulling cash out of its flagship Special Situations hedge fund, which has lost $1bn (£569m) this year, offering reduced fees if they lock in for three years. Should investors reject the move, the company sees little option but to liquidate much of the fund, it warned yesterday.

Detectives said today they believe millionaire businessman Christopher Foster killed his wife and teenage daughter before committing suicide.

Base rate is set to remain at 5 per cent this week, while official figures reveal corporate failures could reach a staggering 17,000 this year

Two bodies have been found in the burnt out home of millionaire businessman Christopher Foster, police said today.

Police today remained unable to enter the fire-ravaged home of a missing millionaire following a suspected arson attack.

Family missing after home is destroyed; Tycoon claimed he had been blackmailed

Hague prosecutors red-faced after Bosnian Serb leader rejects outdated charge sheet

The Government's attempt to reassure the public over knife crime backfired when it was forced to retreat over a controversial plan for offenders to meet victims in hospitals.

Ridsdale is overseeing the rise of Cardiff after a spell at Barnsley but it is the débâcle at Leeds for which he is still remembered

KPMG, one of the "big four" global accounting firms, is facing criticism over its role in the collapse of New Century Financial, the sub-prime lender whose bankruptcy last year was an early clue to the severity of the credit crisis.

Tony Hall, the chief executive of the Royal Opera House, Covent Garden, has been from most points of view an outstanding success. It's difficult to remember now that, a very few years ago, the house seemed to be staring liquidation in the face. Since taking over, he's balanced the books for seven consecutive years. He's come to a relaxed acceptance of the value of the wealthy and the chic to an operation like Covent Garden. He's demonstrated that enough people are prepared to pay more than £200 a seat for some productions to make it priggish to keep the top price any lower. And, my God, are they prepared; you couldn't get a top-whack ticket for the triumphant Ring cycle last year for love, money or the offer of sexual favours over the box-office counter, even when the big draw of Bryn Terfel as Wotan fell through.

Platon Lebedev, the former Yukos investor locked up in a maximum-security prison in the Polar Ural region of Siberia, was given uncommon cause for celebration yesterday. A Dutch court awarded him and other shareholders in the defunct oil group $850m (£424m) they lost when it was forced into bankruptcy in 2005.

Few players in the 'war on terror' are more chilling, or misunderstood, than suicide bombers. Yet the true scale of their grisly activities has never been properly calculated. Five years after the invasion of Iraq, Robert Fisk details the shocking extent of the most widespread campaign of self-liquidation in human history

Gretna could face extinction as early as lunchtime today – and disappear immediately from Scottish football – unless their administrators, formally appointed yesterday, raise £30,000 emergency funding by midday.