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.

David Prosser: FTSE chairmen must keep a closer eye on their executives

Outlook: We should welcome the fact that when a company gets into trouble, its chairman is likely to find himself in the line of fire

Hoban reveals 'twin peaks' City regulation

The Treasury is planning to publish its radical proposals for the City's new "twin peaks" regulatory structure, which hands banking supervision back to the Bank of England, over the next two weeks.

Credit Suisse faces tough competition

Credit Suisse has been warned it will not be guaranteed the mandate to advise Santander on a possible flotation of its UK business.

Budget scraps rule that makes annuities compulsory at 75

Pensioners now have more choice as to how to fund their retirement. Chiara Cavaglieri explains the pros and cons of the different options

Prudential shareholders to discuss fate of chairman

Shareholders in Prudential, the embattled insurer, are expected to convene this week to assess sentiment toward the group's senior management after meetings with the company's chairman, Harvey McGrath, and senior independent director, James Ross, last week.

Resolution to double its insurance operations

Resolution's chief executive, John Tiner, said he planned to nearly double the size of the company's insurance operations after sealing the £2.75bn purchase of French giant AXA's UK operations.

Fidelity did not call for heads to roll at meeting, says Pru

Prudential yesterday appeared to have won the support of Fidelity for its embattled chairman Harvey McGrath and chief executive Tidjane Thiam.

Simon Evans: Strong bosses are the industry's best insurance policy

Investors clamour for blood in the wake of chief executive failures. How best can they be served?

Headhunters sound out Schiro for Pru's chairmanship

Jim Schiro, the former chief executive of Zurich Financial Services, has emerged as a candidate to replace the Prudential chairman, Harvey McGrath, if the former Man Group boss bows to investor pressure and quits.

The cult of the CEO

In the age of personality, it's not surprising that bosses of giant corporations are seen as more than mere figureheads. But do we expect too much of them? This cult of the CEO is a bad business, argues David Prosser

Beleaguered Prudential chief snubs Goldman conference

Tidjane Thiam, chief executive of Prudential, further angered investors when he pulled out of a Goldman Sachs financial institutions conference last week.

Resolution-Axa talks continue this week

Talks between Resolution and Axa continue this week, as the Clive Cowdery-led group looks set to agree terms with the French insurer for the £2.8bn purchase of its UK life operation.

Resolution close to deal for Axa life insurance

Clive Cowdery, the insurance executive behind Resolution, is close to clinching a deal to buy the UK life insurance operation of France's Axa, for between £2.5bn and £3bn. The buy-out could be announced as early as next week, after talks that have gone on for more than a month moved towards a successful conclusion over the past day or so.

James Moore: Another candidate for a kicking at the Pru

Outlook It seems that barely a day goes by without one shareholder or another coming out and calling for heads to roll at Prudential in the wake of the £450m the insurer wasted on its failed attempt to buy Asian insurer AIA.

James Moore: Why annual general meetings are good for directors

Analysis: Prudential is not a business like Tesco, whose chief executive visits a store every day and regularly talks to real customers
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Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?
Ed Sheeran hits back after being labelled too boring to headline festivals

'You need me, I don’t need you'

Ed Sheeran hits back after being labelled too boring to headline festivals
How to Get Away with Murder: Shonda Rhimes reinvents the legal drama

How to Get Away with Murder

Shonda Rhimes reinvents the legal drama
A cup of tea is every worker's right

Hard to swallow

Three hospitals in Leicester have banned their staff from drinking tea and coffee in public areas. Christopher Hirst explains why he thinks that a cuppa is every worker's right
Which animals are nearly extinct?

Which animals are nearly extinct?

Conservationists in Kenya are in mourning after the death of a white northern rhino, which has left the species with a single male. These are the other species on the brink
12 best children's shoes

Perfect for leaf-kicking: 12 best children's shoes

Find footwear perfect to keep kids' feet protected this autumn
Anderlecht vs Arsenal: Gunners' ray of light Aaron Ramsey shines again

Arsenal’s ray of light ready to shine again

Aaron Ramsey’s injury record has prompted a club investigation. For now, the midfielder is just happy to be fit to face Anderlecht in the Champions League
Comment: David Moyes' show of sensitivity thrown back in his face by former Manchester United manager Sir Alex Ferguson

Moyes’ show of sensitivity thrown back in his face... by Ferguson

Manchester United legend tramples on successor who resisted criticising his inheritance
Two super-sized ships have cruised into British waters, but how big can these behemoths get?

Super-sized ships: How big can they get?

Two of the largest vessels in the world cruised into UK waters last week
British doctors on brink of 'cure' for paralysis with spinal cord treatment

British doctors on brink of cure for paralysis

Sufferers can now be offered the possibility of cure thanks to a revolutionary implant of regenerative cells
Ranked seventh in world’s best tourist cities - not London, or Edinburgh, but Salisbury

Lonely Planet’s Best in Travel 2015

UK city beats Vienna, Paris and New York to be ranked seventh in world’s best tourist destinations - but it's not London