News The iconic British brands sold 425,006 vehicles in 2013 - up 19 per cent on 2012

Iconic British brands sold 425,006 vehicles in 2013 - up 19 per cent on 2012 - and set records in 38 international markets

Amy Barry: We are waiting for governments to act

In 2003, three years before the sweaty torso and grungy Rhodesian accent of Leonardo DiCaprio propelled the issue of blood diamonds to international attention, the Kimberley Process Certification Scheme was established as a way of cleaning up the diamond trade. The result of years of campaigning, it was designed to stop diamonds that finance conflict from entering the global market.

David Cameron: Control spending - and it won’t be pain-free

Yesterday we saw the worst set of public finance figures in our peacetime history. According to some forecasters Britain is set to have the largest budget deficit of any G20 country this year. It could be more than 10 per cent of our GDP – that is easily the biggest deficit since the Second World War, and worse than countries that have had to go to the IMF.

Summit to draw up new global rules for bankers

Lord Turner, the Financial Services Authority chairman, and Paul Tucker, the Bank of England's deputy governor, will be among the international regulators thrashing out a new code of conduct for bankers' pay and bonuses at a meeting next week.

Brown upbeat on global banking deal

A global consensus on measures to reform the banking system is emerging ahead of next month's London summit of 20 world leaders, Gordon Brown said yesterday.

Lonmin axes 5,500 jobs and mothballs one mine as low prices take toll

Speculation about a rights issue is still rife, despite the company's denials

Baroness Valentine of Putney: We <i>do</i> need a bigger Heathrow

London's business leaders do not dismiss the environmental impact of expansion. Neither is support for a third runway unconditional. We understand Heathrow needs to work properly so the UK can work properly. But support for the long-term solution is based on seeing short-term improvements which, if made, will set the right path to a bigger Heathrow.

Slowdown in Chinese demand triggers Cookson profit warning

Cookson issued a profits warning yesterday, blaming the economic situation and the cutbacks in China for weak market conditions it expects will continue into 2009.

Inmarsat profits rise 60 per cent

The satellite company Inmarsat has bucked the economic disintegration in the global markets to post an almost 60 per cent rise in profits in the three months to the end of September.

How Daniel Rymer's business side-project became both his passion and livelihood

Given the current financial difficulties in world markets, a lot of people will be considering starting up sideline businesses. Sometimes this sort of project takes off and takes over. That's certainly how it's been for Daniel Rymer, once known to many as one of the cast of the BBC's Casualty and currently the owner of Fresh Face Photography in Godalming, Surrey.

Brown: Financial crisis plan will work

Gordon Brown insisted today his action plan for tackling the financial crisis would work - despite renewed turmoil on global markets.

Nomura deal saves 2,500 London jobs

Nomura signalled its intention to become a major force in European investment banking yesterday after acquiring Lehman Brothers' London equities and investment banking business in a deal that will save 2,500 jobs.

Next wary of tough times despite improved results

Next's chief executive, Simon Wolfson, has dashed any hope that trading conditions in the clothing sector had hit the bottom, as the fashion giant posted better-than-expected second-quarter results.

Hutchinson shows size of Mills' challenge

A treat is being cooked up for Britain's America's Cup challenge chief, Sir Keith Mills, when he guests on board John Cook's TP52 Cristabella in Spain at the end of this month.

Sean O'Grady: Rich countries have ability to solve problem

The world knows the biggest single step it could take to alleviate the food crisis – and has in fact been talking about it at the highest levels for the past eight years. The World Trade Organisation's Doha Round of trade talks that began in 2001 was aimed at liberalising the planet's dysfunctional agricultural markets, with cheaper food for all being a principal benefit.

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