Bank profits distorted by audit rules, warn investors
Britain needs to urgently overhaul its accounting rules as they are dangerously distorting bank profits and leading to confusion over executive pay, some of the country’s biggest investors and pension...
View ArticleToyota recalls 2.77m cars in latest blow to reputation
Toyota on Wednesday announced a global recall of 2.77 million vehicles over water pump or steering problems in the latest blow to the firm's reputation. AFP 8:12AM GMT 14 Nov 2012 Comments Japan's...
View ArticleAutumn Statement: Boris Johnson urges Chancellor to cut the top rate of tax
Chancellor George Osborne should think about cutting the top rate of income tax, Boris Johnson said on Friday as he praised India for having a more attractive regime for entrepreneurs. Mayor of London...
View ArticleAutumn Statement: Boris Johnson urges Chanellor to cut top rate of tax
Chancellor George Osborne should think about cutting the top rate of income tax, Boris Johnson said on Friday as he praised India for having a more attractive regime for entrepreneurs. Mayor of London...
View ArticleComet faces 'online-only' future
Comet could become an online-only operation after DRL, owner of leading e-commerce retailer Appliances Online, emerged as a bidder for the brand. If DRL feels the damage to the name is too great...
View ArticleNHS must become 'fastest not slowest' on innovation
The Government must drive an overhaul of the National Health Service (NHS) and its approach to innovative medicines for the UK to become a global research and development centre, leading scientists...
View ArticleNew Bank of England Governor Mark Carney's wife: an eco-warrior who says...
The British wife of the new Bank of England Governor is a strident environmental activist who urges people to spend less money on possessions, and once declared: “Having more stuff does not make us...
View ArticleBlack Friday: How the day got its name
Black Friday is the day following Thanksgiving Day in the United States, traditionally the beginning of the Christmas shopping season. Hot dog car in Philadelphia Thanksgiving Day Parade USA 1951 - by...
View ArticleTwo-timed lovers can keep money after being cleared of insider dealing
Two women who between them made more than £600,000 by following share tips from their two-timing banker boyfriend are set to keep the money after they were cleared of insider trading today. Jessica...
View ArticleCentrica considering £500m share buyback
Centrica is weighing a return of up to £500m cash to its shareholders early next year, The Sunday Telegraph has learnt. The British Gas owner will announce its full-year results at the end of...
View ArticleGrandmother accused of assault after touching flight attendant's arm
A grandmother has been banned from flying with easyjet for "assaulting" a flight attendant when she touched the woman's arm to get her attention. Janet Kirby Photo: HOTSPOT By Telegraph reporters...
View ArticleGeorge Osborne speaks the language of the banking lobby
George Osborne suggested to the Banking Standards Commission on Wednesday that reforming banking would undermine bank lending: “There is a cost to the industry, and exactly the same Members of...
View ArticleMark Carney: Canadians lament 'big loss' as central banker faces more...
Mark Carney will have plenty of explaining to do over the next five years. It comes with running the Bank of England, where, as its new governor, he will be the most powerful unelected official in...
View ArticleEurozone's economy continues to deteriorate at 'alarming pace'
The eurozone has seen an ongoing steep decline as data shows the combined economy of the 17-nations is entrenched in the steepest downturn since mid-2009. Activity has now fallen in 14 of the last 15...
View ArticleJames Moore: It's right that Osborne is being taken to task over...
Outlook If George Osborne was hoping that the Parliamentary Commission on Banking Standards would concentrate its energies on telling off bankers for being bad, he's been given a rude awakening....
View ArticleEx-HBOS director says experienced bankers might have saved it
HBOS might not have failed had experienced bankers been in charge of the collapsed lender in the two years before the financial crisis, a former top executive has claimed in a thinly veiled attack on...
View ArticleEurope campaign against companies that dodge tax
Britain has joined forces with Germany and France to press for a speedy crackdown on systematic tax dodging by big business. Starbucks has been threatened with a customer boycott over its UK tax...
View ArticleEU budget: David Cameron arrives for spending freeze fight
David Cameron has arrived in Brussels for marathon EU budget negotiations on Thursday promising to fight hard to get a freeze in spending and to protect Britain's rebate. David Cameron is set to do...
View ArticleOFT opens investigation into payday lenders
The Office of Fair Trading has opened formal investigations into several payday lenders over aggressive debt collection practices. Earlier this year, the OFT launched a review of the payday lending...
View ArticleThe Chancellor George Osborne’s alarming device is just the weapon for...
Quantitative Easing has its flaws and risks, but our crisis would have been far deeper without it. Quantitative Easing is a godsend for the Chancellor George Osborne as he can shift gilts to fund his...
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