News Warren Buffett spent most of 2013 amassing fortunes of over £23million a day through investments into food manufacturing giants like Heinz, which he bought earlier this year

Warren Buffett spent most of 2013 amassing fortunes of over £23million a day through investments into food manufacturing giants like Heinz

Sean O'Grady: Buffett and the French are on their own

In France and America the super-rich – including Liliane Bettencourt (Europe's wealthiest woman and the L'Oreal heiress) and Warren Buffett, (the US investor who pays just $7m on his fortune of around $50bn) – are clamouring to pay more tax. Yet in Britain, the Chancellor is thinking aloud about cutting the top rate of tax. What is going on?

Sarah Sands: The future is fearful. Ask Robert Harris...

Philosophers and politicians may agree that you should face down your fears in order to obtain wisdom and courage, but they are not the ones investing in the stock market at the moment. The stomach-churning losses in the last week may have underlying causes but the momentum of short-selling is attributed above all to the smell of fear.

Business Diary: Laffer takes Buffett to task

Warren Buffett's complaint that he (and lots of other wealthy individuals) don't pay enough tax has prompted some withering attacks from those who do not share his views.

Simon Read: RBS should not withdraw service from the vulnerable

Hard-up families were hit by a major banking blow this week. Royal Bank of Scotland - which owns NatWest - said it will ban customers with basic accounts from using cashpoints operated by other banking groups.

David Kuo: When gripped in a bear hug, try to remain calm

Investment Insider

Simon Calder: When Holidays 4U turns out to be 'no Holiday 2 anywhere'

The man who pays his way

Angus MacDonald: 'I would hate to ever retire. At 85, I still want to be doing this'

A Scottish entrepreneur explains his plans to take whisky-waste galore and turn it into electricity

The cookie crumbles: Kraft set to split in two

Less than 18 months after fattening up with the acquisition of Cadbury, Kraft plans to slim back down by jettisoning scores of its older food brands. The split, announced by Kraft chief executive Irene Rosenfeld yesterday, puzzled many analysts, but it sent Kraft shares sharply higher.

Business Diary: Used TV company under the hammer

Given that it is only 48 hours since it was told off by a European court for not doing enough to prevent the sale of counterfeit goods on its site, eBay ought to take a look at a listing posted yesterday. "BSkyB – relisted due to time waster," it reads. The current bid is just shy of £1m, which looks pretty good value given the heady valuations this company has recently reached. But should you be interested, bear in mind that you'll have to share ownership with a rough crowd.

Duke of Uke: Why is one of London's quaintest ukulele shops facing closure?

I'm not sure if Richard Curtis himself could improve upon the styling of Duke of Uke, the little ukulele shop in Spitalfields. A quaint London street, an old-fashioned store front, a shop piled up with instruments, music stands and a large black and white photograph of George Formby over the counter.

The business on...Anthony Bolton, President, Fidelity International

Our answer to Warren Buffett?

He always has been. Mr Bolton, now 61, was hired by Fidelity at the age of 29 and ran its Special Situations Fund for 28 years before stepping down in 2007. He made an average return of 20 per cent a year.

Buffett lunch a snip at £1.4m

An anonymous bidder has won a private lunch with billionaire investor Warren Buffett in an ebay auction - to the tune of $2.3m (£1.4m).

Vince Cable warns of second financial emergency

Vince Cable, the Business Secretary, faces a new confrontation with Chancellor George Osborne today after warning that Britain could face the “bomb” of a second financial emergency.

Career Services

Day In a Page

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