News

Some Bank of England regulators wanted lenders to be forced to raise even more fresh capital than the £25 billion they were told to produce last week, minutes from the latest meeting of the financial policy committee indicate.

Treasury ordered to open its books

Treasury forecasts are to be opened up to independent scrutiny by the National Audit Office, with a clear hint of suspicion that the books were cooked by the Tories.

Barclays chief to lead reform of tax and welfare system

Martin Taylor, chief executive of the Barclays banking group, yesterday became the second top businessman to be drafted in to spearhead Government reforms, after being appointed by the Chancellor, Gordon Brown, to head a task force aimed at streamlining the tax and benefits systems.

Forest avoid the ultimate indignity

Football: Derby County 0 Nottingham Forest 0

Barclays chiefs defend pounds 2.8m paid to BZW head

Directors of Barclays, the high street bank, yesterday had to defend against some sharp questions from shareholders at the annual general meeting over the pounds 2.85m paid to Bill Harrison, head of its BZW investment banking business.

Juninho shows Derby the door: Football

Derby County 0 Middlesbrough 2 Juninho 39, Ravanelli 90 Attendance: 17,567

Barclays' pounds 300m share buy-back comes unstuck

Barclays yesterday failed in its attempt to buy back pounds 300m worth of shares, with institutional investors apparently wary of the bank's volatile share price in recent days and because of the abolition of tax- breaks announced by the Chancellor of the Exchequer last autumn.

Call to replace Cadbury and Greenbury codes

The Cadbury and Greenbury codes on executive pay and corporate governance should be replaced by a clearer framework allowing businesses to be transparent and accountable about their values, an influential group of companies will urge today.

The shepherd in a soldier's coat

OVERTONES OF WAR: Poems of the First World War by Edmund Blunden ed Martin Taylor Duckworth pounds 16.95

Midnight in the fields of war: Books

Peter Parker celebrates the centenary of Edmund Blunden's birth

No. They're not even fit to tie the laces

Here we go again. There are two kinds of cabinet splits. There are the ordinary ones; and there are the great splits between prime ministers and chancellors which have marked British post-war politics - Thorneycroft and Macmillan in 1958; Roy Jenkins and Harold Wilson during the late 1960s; the bitter Nigel Lawson-Margaret Thatcher grudge match of 1990. This autumn's argument between John Major and Kenneth Clarke is climbing into the same league.

Barclays buy-back takes total to pounds 1bn

Barclays said yesterday it was buying back pounds 405m of its own shares, bringing the total pay-backs to shareholders to almost pounds 1bn in the past 18 months.

The man in pink is still favourite to win Lucas

COMMENT: 'Lucas's attempts to rubbish Mr Quarta and BBA before it has even seen the colour of his paper look odd since Lucas regarded him highly enough to approach the American about taking over from its departing chief executive'

'Round midnight. Or perhaps not at all

Nicholas Kenyon, Controller of Radio 3, is said to have got great pleasure in his youth from surveying the Radio 3 schedules.I know how he feels. I used to too.

Industry View: Big corporate pay rises arm Labour for tax reform

Day after day, Gordon Brown, the shadow chancellor, is being handed juicy political windfalls by Britain's top companies. A succession of recent annual reports has listed large pay rises for directors amounting to 10, 20 or 30 times the rate of inflation.

Pet City poised to be the lizard kings

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Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
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Prices correct as of 19 December 2014
Aren’t you glad you didn’t say that? The worst wince-and-look-away quotes of the year

Aren’t you glad you didn’t say that?

The worst wince-and-look-away quotes of the year
Hollande's vanity project is on a high-speed track to the middle of nowhere

Vanity project on a high-speed track to nowhere

France’s TGV network has become mired in controversy
Sports Quiz of the Year

Sports Quiz of the Year

So, how closely were you paying attention during 2014?
Alexander Armstrong on insulting Mary Berry, his love of 'Bargain Hunt', and life as a llama farmer

Alexander Armstrong on insulting Mary Berry and his love of 'Bargain Hunt'

From Armstrong and Miller to Pointless
Sanchez helps Gunners hold on after Giroud's moment of madness

Sanchez helps Gunners hold on

Olivier Giroud's moment of madness nearly costs them
A Christmas without hope: Fears grow in Gaza that the conflict with Israel will soon reignite

Christmas without hope

Gaza fears grow that conflict with Israel will soon reignite
After 150 years, you can finally visit the grisliest museum in the country

The 'Black Museum'

After 150 years, you can finally visit Britain's grisliest museum
No ho-ho-hos with Nick Frost's badass Santa

No ho-ho-hos with Nick Frost's badass Santa

Doctor Who Christmas Special TV review
Chilly Christmas: Swimmers take festive dip for charity

Chilly Christmas

Swimmers dive into freezing British waters for charity
Veterans' hostel 'overwhelmed by kindness' for festive dinner

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect