News

Goldman Sachs’ private equity arm is set to announce a £150m investment in insurance group Hastings Direct that will leave chairman Neil Utley cashing in tens of millions of pounds from the business he turned around after buying it in 2008.

Whether to be mutual or corporate, that's the question

Chiara Cavaglieri analyses Labour's plans for Northern Rock

Election manifesto promises: how they will hit your cash

The parties have revealed their plans for our personal finances. Simon Read finds out how their proposals have gone down

Ex-Northern Rock chiefs fined for misreporting figures

The City watchdog said today that it had fined the former Northern Rock deputy chief executive for "misreporting" mortgage arrears figures.

£15m bonuses 'justified' after Rock slashes losses by £1bn

Union supports payments to staff as state-owned bank trims annual losses to £257m

Rock savers will lose their 100 per cent guarantee on savings

Northern Rock savers will lose the Government's 100 per cent guarantee on their deposits on 24 May, the Government said last week, and the guarantee will not apply to accounts opened between now and 24 May.

Northern Rock guarantee will be gone in May

Savers with up to £50,000 will still be eligible for state deposit protection scheme

SlackBelly: Trouble at Tradition: Ex-director sues broking firm

The City Snitch: The good, the bad and the ugly of the Square Mile

Money Insider: Mutuals see end of Rocky road

Since the onset of the credit crunch, the wholesale money markets have become a less attractive and more expensive source of funding for many banks and building societies.

David Prosser: A test for Northern Rock

Outlook: The signal yesterday from the Government that it intends to drop its 100 per cent guarantee of savers' deposits with Northern Rock may well presage an exodus of account holders to other banks and building societies.

Government to cut Northern Rock savings guarantee

The 100 per cent guarantee on savers' deposits held within Northern Rock is to removed within weeks as the Government steps up plans to return the nationalised bank to the private sector, it was reported today.

FSA switches auditors

A government decision to force the Financial Services Authority to change auditor will save the regulator almost £100,000 a year. Under pressure from MPs, the FSA is to replace accountants Grant Thornton with the National Audit Office.

Haiti Fundraiser at the Roundhouse, London

The Haiti Benefit Gala, supporting ActionAid and Médecins Sans Frontières humanitarian aid efforts following the recent earthquake, has announced the release of tickets and the first few names to play the event at Camden’s Roundhouse venue on Thursday 25th February.

Northern Rock renews £10m sponsorship deal with Newcastle United

Northern Rock's "good bank" is to renew its controversial sponsorship of Newcastle United from next season in a deal worth up to £10m over four years to the side, who are currently top of the Football League Championship.

Newcastle to earn £10m in shirt deal

Championship club ties up new agreement to run until end of 2013-14 campaign
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Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones