News

The Big Four accountants could find themselves being stripped of their most lucrative audit deals every 10 years, according to tough new rules proposed by the European Union.

Barnier in fresh warning to the rating agencies

Rating agencies were hit with a fresh blow yesterday after the European Union's financial services chief promised an investigation into the way they work, after a rapid series of downgrades to Greece's sovereign debt.

EU finance ministers fail to agree deal on bank tax

UK and EU markets chiefs at loggerheads over how to use the proceeds of a levy

Nick Anstee: London's strength is its openness. Curbs on migration don't help

We must ensure that our international financial institutions, such as the IMF and World Bank, are robust and flexible. They are, after all, the principal agents to make a reality of the commitments made at the Pittsburgh conference late last year. I believe, however, that they should have sharper tools to perform their task, to preserve and expand an open, balanced and sustainable international economy that creates prosperity for all. Let's co-ordinate these actions. Unilateral activity from whatever source, such as declaring a levy on banks, and limiting capital flows in fund management, are unhelpful unless they are set in the context of – and consistent with – the G20 initiative.

Britain in final push to tone down EU hedge fund rules

Tighter regulations are set to hit City disproportionately hard, critics claim

Econoblog: Hedge funds and private equity - Europe's flying locusts

Michel Barnier, EU Commissioner and would-be tough regulator of the financial markets, met the hedge fund and private equity guys in London today

Business Diary: 02/03/2010

The salesmen that dare not speak their names

Sales is a dirty word. In breaking news, the Institute of Sales Promotion announces it is changing its name to the Institute of Promotional Marketing. "This better represents the wide range of marketing and communications activities the Institute's members do," reckons its chairman, Clive Mishon.

Mandelson: We've won fight with Europe over regulation

Business Secretary tells City that Brussels will take common sense approach

Business Diary: French farms minister is one to watch closely

The Business Secretary, Lord Mandelson, was placatory yesterday about the appointment of Michel Barnier as the EU commissioner with responsibility for financial services. But relations between the two obviously haven't always been smooth. "I worked very closely with Michel when he was French agriculture minister," Lord Mandelson said. "In fact I never took my eyes off him."

EU's finance chief targets bankers

Michel Barnier promises new regulations to restore trust in battered institutions

Plan for Sarkozy visit abandoned

A mooted visit to London by French president Nicolas Sarkozy has been abandoned amid tensions over the carve-up of top jobs in the European Union.

Barnier fails to reassure City over 'catastrophic' appointment

The European Union's appointment of Michel Barnier as bank regulation supremo has left City firms reeling, despite his attempts to calm fears over London's importance yesterday.

France beats Britain in race for key EU job

Plum post will oversee the financial services industry – including the City

Tories accuse Brown of selling out the City in deal with France

Positioning of Sarkozy's man to run financial services is criticised by Hague

Sarkozy's Louis XIV moment

Parliament summoned to Versailles to hear President
News
Russell Brand was in typically combative form during his promotional interview with Newsnight's Evan Davis
peopleReports that Brand could stand for Mayor on an 'anti-politics' ticket
News
The clocks go forward an hour at 1am on Sunday 30 March
news
Arts and Entertainment
The Doctor finds himself in a forest version of London in Doctor Who episode 'In the Forest of the Night'
TVReview: Is the Doctor ever going stop frowning? Apparently not.
News
Voluminous silk drawers were worn by Queen Victoria
newsThe silk underwear is part of a growing trade in celebrity smalls
Sport
footballMatch report: Real fight back to ruin Argentinian's debut
News
Candidates with surnames that start with an A have an electoral advantage
newsVoters are biased towards names with letters near start of alphabet
Arts and Entertainment
Isis with Lord Grantham (Hugh Bonneville)
TV
Arts and Entertainment
Jay James
TVReview: Performances were stale and cheesier than a chunk of Blue Stilton left out for a month
Career Services

Day In a Page

Independent Travel
Vietnam & Cambodia
Pompeii, Capri & the Bay of Naples
Bruges
India & Nepal
Japan
Berlin, Dresden, Meissen & Colditz
Prices correct as of 17 October 2014
Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?