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.

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.

US to increase military presence in Australia

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

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
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea
America: Land of the free, home of the political dynasty

America: Land of the free, home of the political dynasty

These days in the US things are pretty much stuck where they are, both in politics and society at large, says Rupert Cornwell
A graphic history of US civil rights – in comic book form

A graphic history of US civil rights – in comic book form

A veteran of the Fifties campaigns is inspiring a new generation of activists
Winston Churchill: the enigma of a British hero

Winston Churchill: the enigma of a British hero

A C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
Growing mussels: Precious freshwater shellfish are thriving in a unique green project

Growing mussels

Precious freshwater shellfish are thriving in a unique green project