Last year was a "subpar" year for Warren Buffett's Berkshire Hathaway conglomerate, the investor has told shareholders.

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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.

Business Diary: Bloom warns of token women

Godfrey Bloom, the economist who is now the UKIP MEP for Yorkshire, has got himself worked up over the European Parliament's backing for new corporate governance rules requiring companies to do more to promote women to top jobs. "I feel it my duty to warn all my old City colleagues that amongst other proposals, special gender discrimination is on its way to City boards," he says. "So line up your token women everyone." It's fair to say the MEP has a little form on this issue, once telling an interviewer that "no self-respecting small businessman with a brain in the right place would ever employ a lady of child-bearing age".

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Johnny Marr talks relationships and reunions

He's worked with Modest Mouse, the Pet Shop Boys and Beck, to name a few, and recently released his first solo album. So why, wonders Johnny Marr, do people still hark on about The Smiths?
After the flood: From Haiti to Britain, one man has captured the devastation of our increasingly deluged lands

In pictures: After the flood

From Haiti to Britain, one man has captured the devastation of our increasingly deluged lands
Death becomes her: Meet the very modern mortician who champions 'cool' funerals

Death becomes her: A very modern mortician

Ever considered baking a loved one's remains into a cake or putting their ashes in fireworks? If so, talk to Caitlin Doughty, champion of the alternative death industry.
How long can the 'Keep Calm' trend carry on?

How long can the 'Keep Calm' trend carry on?

At first it seemed clever and cute. Then the 'Keep Calm' motif went mad, spawning endless offshoots.
The man who built Brum: A lament for the demise of John Madin's Brutalist Birmingham

John Madin: The man who built Brum

The architect's buildings were supposed to leave an indelible, futuristic mark on his beloved hometown but they are now being inexorably torn down.
School of chop: Learning the art of butchery at the Ginger Pig

School of chop: Learning the art of butchery

How do you butcher a lamb? Or make Mexican street food in a British kitchen? Christopher Hirst finds out.
James Pembroke: The man who's eaten everywhere

The man who's eaten everywhere

Few people know more about restaurants than James Pembroke, who only spent five mealtimes at home during his entire childhood.
A Berliner in 1963 – but did John F Kennedy once admire Adolf Hitler?

A Berliner in 1963 – but did John F Kennedy once admire Adolf Hitler?

The young JFK praised 'superior' Nordic races during visits to Germany
Banned Iranian director Mohammad Rasoulof to attend Cannes Film Festival 2013, his first public appearance since prison

Banned Iranian director to attend Cannes Film Festival

Mohammad Rasoulof to make his first public appearance since being imprisoned three years ago
Seeing the larger picture: Inspiring images of space

Seeing the larger picture: Inspiring images of space

An exhibition explores images how photography has shaped astronomy
Eat Spam and carry on: Wartime pamphlets could teach us a thing or two about healthy, thrifty eating

Eat Spam and carry on

Wartime pamphlets could teach us a thing or two about healthy, thrifty eating
Facial hair: Cat beards and the purrrsuit of excellence

Facial hair

Cat beards and the purrrsuit of excellence
The 10 Best salt and pepper sets

The 10 Best salt and pepper sets

Whether they're for everyday use or to make your dining table look just right, it's worth getting a stylish shaker...
Ferran Soriano: Predicting success if Manchester City 'vision' is followed

Ferran Soriano: Predicting success if Manchester City 'vision' is followed

Chief executive says trophies will come if a 'core' of suitable players is in place
Thomas Müller: We couldn't handle losing a Champions League Final again

Thomas Müller: We couldn't handle losing a Champions League Final again

The Bayern Munich forward tells Tim Rich his side have to shed chokers' tag after two recent final defeats