- Former Lloyds chairman Sir Brian Pitman dies
Times | 08:30 PM March 11
Sir Brian Pitman, the venerable City heavyweight banker and former Lloyds TSB chairman, died early this morning in hospital after suffering a heart attack on Tuesday. He was 78. .. ...
- Sir Brian Pitman, former Lloyds chairman, dies aged 78
Guardian | 08:30 PM March 11
Tributes paid to highly respected banker who spent half a century at Lloyds bankTributes were pouring in tonight after the sudden death of Sir Brian Pitman, one of the most highly ...
- HSBC faces inquiry into stolen Swiss accounts
Guardian | 08:30 PM March 11
Authorities seize data on 15,000 private clients, but bank insists it will not be seen by tax investigatorsHSBC was being investigated by Swiss banking regulators last night after ...
- Lehman examiner to make report public
Reuters UK | 08:30 PM March 11
NEW YORK (Reuters) - The court-appointed examiner who investigated the collapse of U.S. investment bank Lehman Brothers Holding Co is set to make his report publicly available, aft ...
- India's ONGC and Russia in energy pact talks
Ft.com | 08:00 PM March 11
India's Oil and Natural Gas Corp is in talks with Gazprom and Rosneft over taking equity stakes in oil and gas projects to help cement an energy partnership ...
- Banks to weigh in on Obama tax idea
Reuters UK | 08:00 PM March 11
WASHINGTON (Reuters) - The banking industry will tell Senate tax writers on Friday they oppose a plan by U.S. President Barack Obama to tax big banks to recoup about $100 billion ( ...
- Sir Brian Pitman, ex-Lloyds chairman, dies
Ft.com | 07:30 PM March 11
Sir Brian Pitman, the former chairman and chief executive of Lloyds TSB and one of the most respected bankers of his generation, has died suddenly at the age of 78 ...
- Vulture fund bill under threat from Tory backbencher
Guardian | 07:30 PM March 11
Last-minute amendment could scupper bill protecting indebted poor countries in UK courtsLegislation to protect some of the world's poorest countries from being sued by rapacious "v ...
- Ex-Cazenove worker jailed
Guardian | 07:30 PM March 11
Malcolm Calvert, who retired from Cazenove 10 years ago, found guilty of using insider information to buy shares between 2003 and 2005A former partner at the Queen's stockbrokers w ...
- BP joins Brazilian oil rush with $7bn deal
Guardian | 07:30 PM March 11
- Dodd to revise
Ft.com | 07:00 PM March 11
Chris Dodd, the Senate banking committee chairman, said that he would introduce a financial regulatory reform bill next week in a substantial move forward for one of President Bara ...
- Iceland hopes to restart Icesave talks next week
Reuters UK | 07:00 PM March 11
COPENHAGEN (Reuters) - Iceland's foreign minister said on Thursday he was hopeful Reykjavik could restart talks with Britain and the Netherlands next week on striking a new "Icesav ...
- US chamber of commerce slams Tobin tax proposals
Guardian | 06:30 PM March 11
- Conservatives promise superfast Internet
Reuters UK | 06:30 PM March 11
LONDON (Reuters) - Investing in a high-speed Internet network would open up a new global trade route for Britain, boosting economic recovery and creating thousands of jobs, the Con ...
- Obama urges China action on yuan
BBC News | 06:30 PM March 11
Barack Obama urges China to change its currency strategy, a move that would effectively raise the value of the yuan and benefit US exporters. ...
- No plans for "Christmas tree" budget
Reuters UK | 06:00 PM March 11
LONDON (Reuters) - Chancellor Alistair Darling said on Thursday that he did not plan generous giveaways in his March 24 budget, and that plans to halve the budget deficit over four ...
- Robert Peston
BBC News | 06:00 PM March 11
Man Utd: The takeover maths in detail ...
- Ex-Cazenove partner jailed for 21 months
Ft.com | 05:30 PM March 11
Malcolm Calvert, a former partner of the blue blooded investment bank, has been sentenced to 21 months in prison after being found guilty of insider trading ...
- Ex-Cazenove partner gets 21 months jail
Reuters UK | 05:30 PM March 11
LONDON (Reuters) - A former partner of Cazenove, known as the Queen's stockbroker, was jailed for 21 months on Thursday for making more than 100,000 pounds from buying shares in co ...
- 'No giveaway Budget' says Darling
BBC News | 05:30 PM March 11
Chancellor Alistair Darling warns people not to expect a "giveaway" when he unveils the government's Budget later this month. ...
- Ex-Cazenove banker sentenced to 21 months
Independent | 05:00 PM March 11
Malcolm Calvert, the former Cazenove banker convicted of insider dealing earlier this week, was today sentenced to 21 months in prison. ...
- Union memo adds to Toyota's safety woes
Guardian | 05:00 PM March 11
Emergence of memo warning that safety was being put at risk by cost-cutting piles pressure on Japanese carmakerA four-year-old memo from Japanese factory workers warning that safet ...
- Ex-Cazenove partner gets 21 months jail
Reuters UK | 04:30 PM March 11
LONDON (Reuters) - A former partner of Cazenove, known as the Queen's stockbroker, was jailed for 21 months on Thursday for making more than 100,000 pounds from buying shares in co ...
- Europe carmakers seen facing lower sales
Reuters UK | 04:30 PM March 11
BRUSSELS (Reuters) - Carmakers in the European Union will face falling sales this year after their output dropped 17 percent in 2009 due to the economic crisis, an auto association ...
- EU hits back at Geithner on regulation
Ft.com | 04:00 PM March 11
Top European Union officials say the bloc's decision to act on hedge funds is in line with a G20 decision to reinforce transparency, after the US Treasury secretary warned they may ...
- VW to bolster capital raising with bond issue
Ft.com | 04:00 PM March 11
Europe's largest carmaker announces plans to launch a convertible bond issue alongside its multibillion-euro capital increase, in a move to woo investors wary of equity issues ...
- Court bars EMI from selling Pink Floyd downloads
Times | 04:00 PM March 11
Pink Floyd won a ruling at the High Court today that will prevent its own record company from selling single downloads from its concept albums. ...
- Dubai rallies as debt deal seen near
Reuters UK | 04:00 PM March 11
DUBAI/ABU DHABI (Reuters) - Dubai's market rallied to seven-week highs on Thursday on hopes for a Dubai World debt deal while some major creditor banks halted internal trading in t ...
- Ex-Cazenove partner jailed for 21 months
Times | 03:30 PM March 11
Malcolm Calvert, a former partner at Cazenove, has been sentenced to 21 months imprisonment for insider dealing in the shares of three UK companies. ...
- Wetherspoon set to expand as financing secured
Reuters UK | 03:30 PM March 11
LONDON (Reuters) - Pubs group JD Wetherspoon unveiled a new 530 million pound debt facility on Thursday, giving it the firepower to ramp up expansion as its struggling rivals look ...
- US trade deficit in surprise fall
BBC News | 03:30 PM March 11
The US trade deficit narrowed unexpectedly in January as fewer foreign cars and less crude oil were imported. ...
- Air France-KLM sues Ryanair over 'subsidies'
Times | 03:00 PM March 11
European airport authorities subsidise Ryanair to the tune of at least
- HSBC admits huge Swiss data theft
BBC News | 03:00 PM March 11
About 24,000 clients of HSBC's private banking operation in Switzerland had personal details stolen by a former employee, the company has admitted. ...
- Top Pru investors warm to AIA deal
Reuters UK | 02:30 PM March 11
LONDON (Reuters) - Major shareholders in Prudential are warming to the insurer's $35.5 billion (23.6 billion pound) bid for AIG's Asian business following meetings with chief execu ...
- Claims firm solicitors shut down
BBC News | 02:30 PM March 11
A firm of solicitors which worked for a leading claims management company has been shut down by the solicitors' regulator. ...
- Sarkozy hedges his bets on UK election outcome
Ft.com | 02:00 PM March 11
President Nicolas Sarkozy and other senior figures in France's governing UMP party are stepping up their contact with Conservative leader David Cameron and his team ...
- Johnston Press warns of fresh jobs cull
Times | 02:00 PM March 11
Johnston Press warned today that further job losses at the regional newspaper group were
- Nokia patents the first self-charging phone
Times | 02:00 PM March 11
You're at work, on holiday, or halfway through a vital conversation about last night's television. Suddenly, you realise the phone's battery is about to run out. It's a very modern ...
- Rail union backs strike over maintenance jobs
Reuters UK | 02:00 PM March 11
LONDON (Reuters) - Workers from the RMT union have backed strike action in a dispute with Network Rail over its plans to cut 1,500 maintenance jobs. ...
- Plan for high-speed rail network revealed
Ft.com | 01:30 PM March 11
The government outlined the likely shape of a future UK high-speed rail network when it unveiled proposals for a £30bn network that would slash rail journey times between Lond ...
- Wetherspoon secures financing
Reuters UK | 01:30 PM March 11
LONDON (Reuters) - Pubs group JD Wetherspoon unveiled a new 530 million pound debt facility on Thursday, giving it the firepower to ramp up expansion as its struggling rivals look ...
- Airlines lift off as loss forecasts halved
Guardian | 01:00 PM March 11
- Pound rises but negative sentiment prevails
Reuters UK | 01:00 PM March 11
LONDON (Reuters) - Sterling rose on Thursday after a slight uptick in inflation expectations, though analysts still expected economic and political concerns to keep the pound under ...
- Scottish Power to cut gas bills
BBC News | 01:00 PM March 11
The energy company Scottish Power says its gas prices will fall by around £66 a year and vulnerable customers will get extra help. ...
- HMRC ready to back Pompey set-up
BBC News | 01:00 PM March 11
The validity of Portsmouth's administration will not be challenged by HM Revenue & Customs, the BBC learns. ...
- Record judgement: Pink Floyd win EMI court battle
BBC News | 01:00 PM March 11
EMI are no longer allowed to sell individual Pink Floyd tracks online, the High Court rules. ...
- John Lewis staff share £151m bonus
Ft.com | 12:30 PM March 11
The mutually-owned retailer's 70,000 staff receive payout of 15% of salary after the owner of the John Lewis department stores and Waitrose supermarkets lifts full-year profit 10% ...
- HSBC's Swiss data theft hits 24,000 customers
Times | 12:30 PM March 11
An estimated 24,000 clients of HSBC Private Bank in Switzerland had personal details stolen in a data theft three years ago, a far higher number than originally thought and "highly ...
- HSBC: Swiss bank data theft affects 24,000 accounts
Guardian | 12:30 PM March 11
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- Rail union workers vote to strike
BBC News | 12:30 PM March 11
Network Rail maintenance workers vote in favour of strikes, bringing about the possibility of action over Easter. ...
- World airline sector 'recovering'
BBC News | 12:30 PM March 11
The global airline industry will recover strongly this year, as passenger and freight numbers improve, its trade body says. ...
- Greek unions stage 24-hour strike
Ft.com | 12:00 PM March 11
Public transport and services shut down across Athens as Greece's three biggest trade unions staged a 24-hour strike to protest against the socialist government's latest package of ...
- Inflation worries stay muted in February
Times | 12:00 PM March 11
Consumers expect inflation to fall back to 2.5 per cent over the next year, figures indicate today, in some welcome news for the Bank of England. ...
- Science must be a major election issue | Adam Rutherford
Guardian | 12:00 PM March 11
The data is unequivocal: investing in scientific research during times of recession results in economic growthOn Tuesday night, the science representatives of the three main partie ...
- 'Smoking gun' memo reveals Toyota workers' safety fears
Times | 11:30 AM March 11
Toyota was forced today to turn over to United States congressional investigators a
- Forbes rich list: ten years of top tens: as a spreadsheet
Guardian | 11:30 AM March 11
The Forbes Rich List is out again and Bill Gates has been knocked off the top by Carlos Slim. See how the lists have changed since 2000
- Arbuthnot warns small banks hit by blanket rules
Reuters UK | 11:30 AM March 11
LONDON (Reuters) - The government's desire to punish large banks bailed out by the taxpayer is crippling smaller rivals hit with the same "one-size-fits-all" rules, Arbuthnot Banki ...
- Old Mutual strategic shake-up disappoints
Reuters UK | 11:30 AM March 11
LONDON (Reuters) - Insurer Old Mutual said it would sell its life unit and list its funds operation in the United States as part of a strategic overhaul, but shares in the company ...
- AstraZeneca advances into emerging markets with Torrent deal
Guardian | 11:00 AM March 11
AstraZeneca is linking up with Indian group Torrent Pharmaceuticals to boost its presence in emerging markets.In its first partnership with a generic drugs manufacturer, Astra will ...
- FTSE reshuffle promotes Investec
BBC News | 11:00 AM March 11
Banking group Investec is to join the FTSE 100 following the latest reshuffle of the UK stock market indexes. ...