News

Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.

Financial firms have 'not learned' says FSA chief

Financial services firms have learned nothing about treating customers fairly in the last eight years, according to the man who regulates the industry – Hector Sants, chief executive of the City watchdog, the Financial Services Authority.

Betfair and Ocado unveil figures

Investors will be taking a close look at results statements from two of 2010's biggest Stock Exchange listings, Betfair and Ocado.

Zimbabwean general calls PM a security threat

A powerful general has called Prime Minister Morgan Tsvangirai a "security threat" and accused him of taking instructions from Westerners who are seeking "illegal regime change".

Market Report: Speculation leads to one big step for Man Group

The rumour mill turned its attention back towards Man Group last night, as reheated speculation that the world's biggest listed hedge fund manager could be a target helped it to surge up the blue-chip index's leaderboard.

Alisher Usmanov increases Arsenal stake

Alisher Usmanov has increased his shareholding in Arsenal beyond the 29 per cent mark.

Land Securities to build on London office shortage

Land Securities signalled its intention to build more prime London offices yesterday to exploit the prospect of an "even more acute"-than-expected gap between supply and demand.

Rock parcels up loans again

Northern Rock is going back into the securitisation market for up to £370m of funding three years after its reliance on packaging mortgages as bonds drove it into state ownership.

Mulberry's profit forecast up 16%

The luxury group Mulberry has raised profit forecasts for the third time in four months as the well heeled, both in the UK and overseas, snapped up its leather goods.

John Lewis in bond issue

The John Lewis Partnership will launch its first ever retail bond this morning to raise £50m. The five-year bond will have a fixed annual return rate of 4.5 per cent, plus another 2 per cent paid in gift vouchers.

Virgin Media celebrates its first £1bn quarter

Virgin Media's chief executive Neil Berkett hailed a "year of great achievement" as it recorded its highest ever annual revenues and bust through the £1bn mark in one quarter for the first time.

The Sketch: A ruler who turned his country into a security state

If President Hosni Mubarak finally does go it would represent the beginning of the end for the authoritarian era in the Arab world. If he is eventually ousted it will be as important, if not more so, than the Egyptian Revolution and the overthrow of the monarchy in 1952. And it will preface one of the most critical periods of modern Egypt and the Arab world; one full of risks and possibilities. But that time was not last night.

Investment Column: Land Securities needs recovery to motor

JD Wetherspoon; Jupiter

The Hunter (15)

Starring: Rafi Pitts,Mitra Hajjar

Jonathan Burrows & Chrysa Parkinson, The Place, London

Choreographer Jonathan Burrows can spin small worlds out of very little – in his duets with composer Matteo Fargion, he's made intricate and appealing dances out of a few gestures and patter syllables. For this new show, presented as part of Dance Umbrella, he works on similar lines with performer Chrysa Parkinson. Their new work Dogheart rambles more than those earlier duets, with some of the charm but much less focus.

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform