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.

Alarm as debt crisis lands on Germany's doorstep

The sovereign debt crisis showed alarming signs of spreading to the very heart of the eurozone yesterday as Germany failed to sell a full tranche of new debt to the capital markets, forcing the central bank to step in.

Now Germany feels heat of eurozone debt crisis

Ireland calls for relief to help lift its 'disproportionate' debt burden

Call for government to drive investment into the high street

The retail head of FTSE 100 property group Land Securities is calling on the Government to take action to improve towns and high streets ahead of a report by Mary Portas, which is due out before Christmas.

Olympus boss under protection as he flies to Japan

Michael Woodford, the British chief executive of Olympus who was ousted after raising "serious governance concerns", is to return to Japan for the first time since the scandal erupted and he fled the country fearing for his safety.

US to increase military presence in Australia

Questions raised over whether new security deal is designed to contain China's sea claims

Windows at the White House are examined yesterday

Secret Service stumped by shooting at White House

Hours after revealing that they had found two bullets in the grounds of the White House, law enforcement agents in Washington last said that a man whom they believe may have fired them during an incident close to the mansion on Friday had been taken into custody in a small town in western Pennsylvania.

The Changeling, Southwark Playhouse, London

The repulsive has its perverse, magnetic attractions. We can lust for what we defensively loathe. This is the message that throbs through The Changeling, the erotically charged and psychologically searching 1622 tragedy by Middleton and Rowley. Performed under the rumbling railway arches of Southwark Playhouse, Michael Oakley's production is itself a perverse affair – misconceived, in certain respects, and yet capable of exerting a powerful fascination.

Rentokil falls short on CityLink loss

Rentokil Initial missed its quarterly profit forecasts yesterday thanks to continued losses at its parcels arm City Link. The pest control and washrooms company said City Link's losses were nearly £25m in the first nine months of 2011, including £6.8m in the most recent quarter, due to "extremely competitive" market conditions and the loss of business in 2010.

Landsecs scheme steams ahead

Land Securities will update the market, in its interim results this week, on leasing at its Trinity Leeds retail scheme, which is currently more than 60 per cent let.

Market Report: Mortgage lender evolves into a Paragon of virtue

Analysts and investors alike were cheering Paragon yesterday as the buy-to-let lender announced its first securitisation since the credit crunch. Shares in the company, which was hit badly by the financial crisis, rocketed by more than 15 per cent after it said it would raise £150m by bundling up and selling on its loans.

David Prosser: Derivatives timebomb is still ticking

Outlook Three years after the collapse of Lehman Brothers and AIG, regulators still have not found a way to keep track of the opaque derivatives market that paralysed the world's financial system in the wake of those corporate disasters.

Fresh Uighur clashes in China leave 11 dead

Police shot dead four people yesterday in the far north-west of China, bringing to 11 the death toll in a weekend of violence in one of the country's most troubled ethnic regions.

Shell seeks partner for Canadian gas exploration

Oil giant Shell is seeking a joint-venture partner for its Nikanassin gas play in the Chinook deep basin in Canada.

Land backs out-of-town sites to shine through the retail gloom

Land Securities has announced plans to step up retail developments despite the recent raft of negative news from the high street.

HMV stakes its future on technology as sales slump

Fears for HMV intensified yesterday after a "disappointing and unsatisfactory" year saw profits slump more than 60 per cent and analysts failed to back the management's turnaround plan.

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Independent Travel
Vietnam & Cambodia
Pompeii, Capri & the Bay of Naples
Bruges
India & Nepal
Japan
Berlin, Dresden, Meissen & Colditz
Prices correct as of 17 October 2014
Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker