News

The Co-operative Bank's disgraced former chairman, Paul Flowers, apparently won the job because he beat his rivals' psychometric test scores, MPs on the Treasury Committee have been told.

On the road to Paris: Tour leader Chris Froome finishing yesterday’s stage

Tour de France: Britain’s female cyclists can conquer the Alps too

They hope their Olympic successes can help them to catch up with the men’s sport

What the Sunday Papers Said

The team behind the £43bn High Speed 2 rail link wants new powers to borrow money in debt markets and hedge against the cost of rising commodity prices. HS2's commercial director, Beth West, is in talks with ministers over legislation to enshrine the new powers. She said raising debt would allow managers to "bring in financial discipline" instead of relying on the Government.

Legal & General goes for insider as FD to appease City watchdog

Legal & General has ended its year-long search for a new finance director, having had its original choice blocked by the City regulator.

Paragon seeks banking licence

Paragon, the buy-to-let mortgage provider, is applying for a banking licence in order to kickstart its consumer lending business.

Insurance high-flier Jackie Hunt joins Pru

Jackie Hunt quit Standard Life to join its rival Prudential yesterday, taking on one of the biggest jobs in the UK insurance industry and potentially putting her in line to succeed Tidjane Thiam as chief executive.

Jackie Hunt walks out on Standard Life to be Prudential UK chief

Jackie Hunt quit Standard Life to join rival Prudential today, taking on one of the biggest jobs in the UK insurance industry and potentially putting her in line to succeed Tidjane Thiam as chief executive.

New watchdogs launch inquiry into RBS IT fiasco

Bank could face big fines as it admits 'unacceptable' failure that blocked accounts

Pru faces revolt over bonuses after FSA rebuke

Pressure is mounting on Prudential to review its executive pay awards following an embarrassing reprimand from the Financial Services Authority last week.

Prudential boss Tidjane Thiam awarded £7.8m pay package days after watchdog censure

Prudential boss Tidjane Thiam was today handed a £7.8 million pay package by the insurer, just days after he received an embarrassing censure from the Financial Services Authority.

Prudential censured over failed bid for AIA

Prudential's Tidjane Thiam has become the first chief executive of a FTSE 100 company to be censured by the Financial Services Authority, for misconduct during the insurer's failed takeover of AIA in 2010.

Charming and personable: Tidjane Thiam

The man from the Pru: Brilliant or just lucky?

Tidjane Thiam was 'a dead man walking' after his $36bn bid for AIA foundered. But now he's the toast of the City

Surge in profit expected at Prudential

Prudential's boss, Tidjane Thiam, will this week move closer to reaching an ambitious set of targets that could eventually lead to a break-up of the 164-year-old insurer.

Ben Chu: The good banker has good timing

Outlook

Derek Pain: Bright start is pointing to a sunnier year

No Pain, No Gain

Ben Chu: Sants should have held out for a peerage

Outlook Never underestimate the potential for the establishment to self-satirise. Hector Sants has been knighted in the New Year's Honours List for "services to financial services". And what sterling services those were. This is the man who, in his five years as chief executive of the Financial Services Authority, signed off on the Royal Bank of Scotland's disastrous acquisition of ABN Amro.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 17 April 2015
Armenian genocide: To continue to deny the truth of this mass human cruelty is close to a criminal lie

Armenian genocide and the 'good Turks'

To continue to deny the truth of this mass human cruelty is close to a criminal lie
Lou Reed: The truth about the singer's upbringing beyond the biographers' and memoirists' myths

'Lou needed care, but what he got was ECT'

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Migrant boat disaster: This human tragedy has been brewing for four years and EU states can't say they were not warned

This human tragedy has been brewing for years

EU states can't say they were not warned
Women's sportswear: From tackling a marathon to a jog in the park, the right kit can help

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From tackling a marathon to a jog in the park, the right kit can help
Hillary Clinton's outfits will be as important as her policies in her presidential bid

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Like it or not, her outfits will be as important as her policies
NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

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A report finds that private firms are not being properly assessed for their quality of care
Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
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How do Greeks feel about Syriza?

Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
From Iraq to Libya and Syria: The wars that come back to haunt us

The wars that come back to haunt us

David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

Too busy to surf? Head to The Pool

A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders
Heston Blumenthal to cook up a spice odyssey for British astronaut manning the International Space Station

UK's Major Tum to blast off on a spice odyssey

Nothing but the best for British astronaut as chef Heston Blumenthal cooks up his rations
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‘Longitude’ clock sets new record - 300 years on

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'Accurate, objective, comprehensive': that was Voice of America's creed, but now its masters want it to promote US policy, reports Rupert Cornwell
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