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Thursday, 28 June 2012

  • Leading article: A first, tentative step to salvation for the eurozone
    Friday, 29 June 2012

    It is important, of course, to guard against what has been called in another context irrational exuberance. Agreeing the outlines of what must happen, and actually steering the new course, are different things. But the stumbling block, all along, has...

  • Justin Cartwright: If banks have values, they are greed, hubris and sheer brass neck
    Friday, 29 June 2012

    After the scandal of manipulation of the Libor rate by Barclays, the hair shirts may have to come out of the cupboard again. Bob Diamond has said that the practices in his bank "fell well short of the standards to which Barclays aspires in the conduc...

  • Owen Jones: If rigging rates isn't anti-social behaviour, what is, dude?
    Friday, 29 June 2012

    It was deeply familiar because I knew these people: or, rather, people like them. The homoerotic lingo, the Americanisms, the champagne; all that was missing was describing each other as "legends". Going to Oxford University was a culture shock, not ...

  • Leading article: A sick banking culture that cannot be tolerated
    Friday, 29 June 2012

    For, heaven forfend that the chairman, Marcus Agius, and the chief executive, Bob Diamond, should even meet their forebears' collective gaze. They have an awful lot of explaining to do. Not least, how a bank that once stood for honesty and solidity s...

  • Leading article: Not the time for narrow self-interest in Brussels
    Thursday, 28 June 2012

    For Britain, the central issue is narrower, but no less tricky. Few question the need for a banking union to break the increasingly toxic link between Europe's ailing financial institutions and its indebted national governments. But, for all the Gove...

  • Letters: Another disaster bred by the bonus culture
    Friday, 29 June 2012

    The whole culture is based upon maximising business through whatever means in order that commission and bonuses can be enhanced.Until such time as these practices are outlawed and employees paid a flat salary to do their jobs, then the temptation to ...

  • Leading article: Victory for fairness and civil values
    Friday, 29 June 2012

    If the nine justices had ruled that the individual mandate – the provision requiring all Americans to purchase insurance coverage that is at the heart of the measure – violated the Constitution, it would have been an unwarranted intrusion of the judi...

  • Harriet Walker: Stand by your man? That's for Tammy, not Anne
    Friday, 29 June 2012

    Sinclair has stood by her man throughout rape allegations, revelations of prostitution rings and even the most tawdry of hotel room scenarios. But weekly magazine Closer reports that the French Huffington Post's news editor threw her husband out of t...

  • Simon Kelner: A lesson in compassion for the Why Me generation
    Friday, 29 June 2012

    He waited for a few minutes with increasing irritation before he rang upstairs, demanding to know where the hapless underling was. He was told that, in his determination to get to there as quickly as possible, the young man had fallen down a flight...

  • Amol Rajan: A revelation of Britishness in the heart of the NHS
    Friday, 29 June 2012

    Nothing serious, you'll be disappointed to discover. Yet seven hours in the very bowels of our National Health Service, in a week when the Care Quality Commission reported that more than a quarter of NHS and social care services in England are fail...

  • Dan Gledhill: Memories of the time that Libor ruled my life
    Friday, 29 June 2012

    In the late 1990s, I worked for an American investment bank in London, effectively taking bets on whether I thought interest rates (in my case, US and Canadian interest rates) would go up or down. I would gamble that, for example, the three-month Can...

  • Ian Burrell: The moment Rupert Murdoch's papers were put into play
    Friday, 29 June 2012

    He gushed about tablets and smartphones but it wasn't convincing; for the first time since 1969, Mr Murdoch has given up his hands-on role. Though he retains the figurehead chairman's position in the publishing operation, he remains chief executive o...

  • Caroline Thomson: BBC quality won't be sold out for cash
    Friday, 29 June 2012

    It has been said that staff are being asked to exploit commercial opportunities at the expense of focusing on the programmes themselves. Questions are being raised about whether profit is being put before programme integrity. Surely, the critics say,...

  • Letters: Scandal-hit bankers let off again
    Friday, 29 June 2012

    Richard MacAndrewSteeple Aston, OxfordshireI have just listened to a mealy-mouthed representative of the Financial Services Authority refer to the latest banking scam (fiddling the Libor rate) as "misconduct", and learnt that Bob Diamond is declining...

  • Leading article: London is no place for a Grand Prix
    Friday, 29 June 2012

    For Bernie Ecclestone, the billionaire chief executive of Formula One, a London Grand Prix would mark a further expansion of an empire unique in world sport in the riches it generates and the zeal with which it, in the parlance, opens up new markets....

  • Rosie Millard: It's the control-freak men who like dusting
    Friday, 29 June 2012

    The academics suggest this is because men have discovered that rushing with open arms towards the rubber gloves, rather than regularly collapsing on the sofa means: a) less internal guilt and; b) no noisy nagging. Hence, an easier life all round.Of c...

  • Simon Kelner: She was like cannon fodder sent in by a general
    Thursday, 28 June 2012

    When Jeremy Paxman on Newsnight asked the Treasury minister Chloe Smith whether she ever thought she was incompetent, those of us on this side of the screen could only try to catch our breath. Unfortunately for Ms Smith, it was a rhetorical question ...

  • Lisa Markwell: Thanks, Nora. If only there were more like you
    Thursday, 28 June 2012

     I need not rehearse all of them here, but I must mention the exemplary "Above all, be the heroine of your life, not the victim": the summation of why Ephron herself was such a heroine. She turned her life experiences into witty, insightful entertain...

  • Lisa Markwell: Thanks, Nora Ephron. When will we find such wit and wisdom again?
    Thursday, 28 June 2012

    I need not rehearse all of them here, but I must mention the exemplary "Above all, be the heroine of your life, not the victim". In those 11 words is the summation of why Ephron herself was such a heroine. She turned her life experiences into witty, ...

  • Letters: PFI scandal could be only the start
    Thursday, 28 June 2012

    The construction and facilities management industries are far more commercially astute than most NHS procurement and legal departments, and have clearly run rings round them to generate substantial PFI revenue streams. The worrying thing is that this...

  • Leading article: Beyond this historic handshake
    Thursday, 28 June 2012

    That such a public handshake took place at all, though, sets the seal on changes that are not to be underestimated. The contrast between the Queen's almost furtive Silver Jubilee visit to Northern Ireland in 1977, when protests proliferated and she w...

  • Leading article: The damaging culture of NHS secrecy
    Friday, 29 June 2012

    It discovered, first, that he received more than £500,000 from the NHS as part of a severance deal and, second, that the settlement included a "super-gag" barring him not only from speaking about the deal, but from saying it existed at all.Whether Mr...

  • Leading article: The bumblingly ineffectual side of the Cold War
    Friday, 29 June 2012

    Quite what the Czechs got out of it for their £100 bundles of cash is unclear. Their files admit what he told them was "of only limited interest". The idea that this was easy bait to compromise the MP before demanding something more substantial is un...

  • Ben Chu: The eurozone crisis is too big a problem for Germany alone to fix
    Thursday, 28 June 2012

    First they set up a "temporary" bailout fund. Then they agreed to establish a permanent rescue mechanism. Then they approved a second bailout package for Greece, having previously said that one was enough. And now European leaders say they are prepar...

  • Leading article: The faintest flicker of humility from the banks
    Thursday, 28 June 2012

    Then yesterday one of banking's most aggressive defenders of stratospheric pay, Bob Diamond of Barclays, decided to forgo his bonus and said "Sorry" after the bank was fined £290m for misconduct. You could argue that a bonus-sacrifice, even of millio...

  • Deborah Ross: Nine questions to discover if your marriage is worth saving
    Thursday, 28 June 2012

    1. When did you first realise you couldn't stand your spouse?A) Just now; B) Around this time yesterday; C) Last Tuesday morning; D). Way, way, way, way back.2. What would you say most keeps you together at this point?A) Kids; B) Pets; C) Money; D) S...

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