News

The gross payouts will be £2.25bn less in 2014 than in 2013

£30m loss for PC World owner

The owner of Currys and PC World today continued a grim week for the high street's biggest names after plunging almost £30 million into the red.

VAT: Conservatives will vote against rate cut

Conservatives last night vowed to vote against Alistair Darling's plans for a 2.5 per cent temporary cut in VAT, as ministers faced claims that the centrepiece of the pre-Budget report would not do enough to kick-start Britain's weakening economy.

Credit insurers face huge rise in premiums

With more suppliers set to claim for bad debts, the cost of reinsuring risk could soar by over 10 per cent

Comet's credit insurance cut back as crisis spreads

Coface reduces insurance cover to some suppliers

BBC presenter thought Queen Mother was a 'bigot'

The Queen Mother once labelled some of Britain's EU colleagues as "Huns, wops and dagos", a BBC broadcaster has said.

High street worries grow as sales slump at John Lewis

Retailing hit as consumer slowdown gathers pace

Frugal shoppers trim spending on food

DSGi and Sports Direct also feel effects of downturn

Sony cuts profit forecast because of strong yen

Sony fuelled fears of a global recession yesterday as it issued a profits warning and warned it had been badly hit by the strength of the yen and plunging demand for flat-screen televisions and digital cameras.

Currys owner scales back investment

Consumer electronics giant DSG today said it planned to cut capital expenditure by around £30m this year as part of efforts to deal with deteriorating consumer confidence across Europe.

Short-sellers turn on pubs and retailers

Short-sellers barred from betting against financial services companies have instead stepped up their targeting of the UK's biggest pub companies and retailers as they try to cash in on the deteriorating consumer outlook.

Retailers braced for a tough Christmas

More retailers released dire trading figures yesterday, reinforcing fears that the sector is heading for its worst Christmas in 30 years.

DSGi trumpets its cost savings amid retail gloom

DSGi unveiled dire trading at its Currys and PC World stores in the UK yesterday, and revealed that it does not expect trading conditions to improve until 2010.

DSG cautious on consumer outlook

European electrical goods retailer DSG International Plc said it did not expect its markets to recover before 2010 as it posted a drop in first-quarter underlying sales and profit margins and pledged to cut more costs.

Sam Warner: Once trusted and admired, Glitter is all the more reviled

The intense public interest in the former pop star's behaviour reflects deeper concerns about how a child sex offender could inveigle his way into our affections, and highlights the need to prevent such criminals from fleeing abroad to find fresh victims

Deborah Orr: The real scandal of Gary Glitter

It is estimated that worldwide, 1 million children are vulnerable to abuse by sexual tourists
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Jeb Bush vs Hillary Clinton: The power dynamics of the two first families

Jeb Bush vs Hillary Clinton

Karen Tumulty explores the power dynamics of the two first families
Stockholm is rivalling Silicon Valley with a hotbed of technology start-ups

Stockholm is rivalling Silicon Valley

The Swedish capital is home to two of the most popular video games in the world, as well as thousands of technology start-ups worth hundreds of millions of pounds – and it's all happened since 2009
Did Japanese workers really get their symbols mixed up and display Santa on a crucifix?

Crucified Santa: Urban myth refuses to die

The story goes that Japanese store workers created a life-size effigy of a smiling "Father Kurisumasu" attached to a facsimile of Our Lord's final instrument of torture
Jennifer Saunders and Kate Moss join David Walliams on set for TV adaptation of The Boy in the Dress

The Boy in the Dress: On set with the stars

Walliams' story about a boy who goes to school in a dress will be shown this Christmas
La Famille Bélier is being touted as this year's Amelie - so why are many in the deaf community outraged by it?

Deaf community outraged by La Famille Bélier

The new film tells the story of a deaf-mute farming family and is being touted as this year's Amelie
10 best high-end laptops

10 best high-end laptops

From lightweight and zippy devices to gaming beasts, we test the latest in top-spec portable computers
Michael Carberry: ‘After such a tough time, I’m not sure I will stay in the game’

Michael Carberry: ‘After such a tough time, I’m not sure I will stay in the game’

The batsman has grown disillusioned after England’s Ashes debacle and allegations linking him to the Pietersen affair
Susie Wolff: A driving force in battle for equality behind the wheel

Susie Wolff: A driving force in battle for equality behind the wheel

The Williams driver has had plenty of doubters, but hopes she will be judged by her ability in the cockpit
Adam Gemili interview: 'No abs Adam' plans to muscle in on Usain Bolt's turf

'No abs Adam' plans to muscle in on Usain Bolt's turf

After a year touched by tragedy, Adam Gemili wants to become the sixth Briton to run a sub-10sec 100m
Calls for a military mental health 'quality mark'

Homeless Veterans campaign

Expert calls for military mental health 'quality mark'
Racton Man: Analysis shows famous skeleton was a 6ft Bronze Age superman

Meet Racton Man

Analysis shows famous skeleton was a 6ft Bronze Age superman
Garden Bridge: St Paul’s adds to £175m project’s troubled waters

Garden Bridge

St Paul’s adds to £175m project’s troubled waters
Stuff your own Christmas mouse ornament: An evening class in taxidermy with a festive feel

Stuff your own Christmas mouse ornament

An evening class in taxidermy with a festive feel
Joint Enterprise: The legal doctrine which critics say has caused hundreds of miscarriages of justice

Joint Enterprise

The legal doctrine which critics say has caused hundreds of miscarriages of justice
Freud and Eros: Love, Lust and Longing at the Freud Museum: Objects of Desire

Freud and Eros

Love, Lust and Longing at the Freud Museum