Tuesday 16 October 2012

Finance

BUSINESS AND MONEY »

Nat Rothschild in shock exit from Bumi board over Bakrie plan

Nat Rothschild resigned unexpectedly from the board of Bumi, voicing his “great regret” in bringing its Indonesia backers to London and accusing its chairman of betraying shareholders.

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RBS may sue Santander over deal failure

A general view of The Royal Bank of Scotland Headquarters on February 9, 2009 in London, England

The Royal Bank of Scotland is considering suing Santander amid fears that its decision to ditch the deal buy 316 branches could cost the part-nationalised lender as much as £1bn.

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RBS suspends senior trader in Libor probe

Hoffman rules out NBNK revival

DfT 'vulnerable' to West Coast legal action

Sir Richard Branson's Virgin Group has run the West Coast Main Line successfully for the past 15 years - Heads should roll after this rail bid debacle

Department for Transport warned it is vulnerable to legal challenges after confirming it will allow Virgin to continue running the West Coast Main Line until at least September next year.

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SFO drops investigation into Robert Tchenguiz

The Serious Fraud Office has dropped its multi-million pound investigation into the entrepreneur Robert Tchenguiz in an ignominious end to its probe into the collapse of Icelandic bank Kaupthing.

France 'in danger of economic hurricane’

'Mediocre' Francois Hollande gets back to work

France is sliding into a grave economic crisis and risks a full-blown “hurricane” as investors flee rocketing tax rates, the country’s business federation has warned.

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Debt crisis: as it happened - October 15, 2012

Soros: Germany must act to solve 'nightmare'

Britain must ease off on austerity, IMF warns

Fracking to get green light within weeks

A gas ring on a domestic stove powered by natural gas is seen alight

The Government is preparing to give the green light for “fracking” - which sees liquids pumped into rocks to force gas out - in the UK to resume within weeks.

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Game theorists win Nobel economics prize

Starbucks 'paid nothing in UK corporation tax'

Cups are displayed at a Starbucks restaurant in Hong Kong

Coffee chain paid no UK corporation tax last year, despite sales of £398m.

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Paul Krugman attacks 'mad' UK austerity policies

Radical views: Paul Krugman says Britain is making a massive blunder in economic policy - Britain can’t afford to fall for the charms of this false Messiah

Austerity could cast a shadow over UK economy 'for up to 15 years'.

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'Pasty tax could pay for UK recovery'

Dairy industry must pull together to succeed

Sainsbury's is looking out for its dairy suppliers

Thriving dairy sector is a prize worth fighting for, says Dairy Crest boss.

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Japanese billionaire makes $20bn bet on US smartphone boom

Red Bull's space jump stunt 'worth £100m' in ad spend

Trinity Mirror's Simon Fox merges regional and national newspapers

Former L&G chief Tim Breedon to join Barclays

Tullow joins the race for oil riches in the Arctic

Permira plans to pay itself a €319m dividend

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LATEST TRAVEL DEALS »

Festival of Business »

Shipping containers - British exports, trading overseas

UK’s 'forgotten sector’ is the key to recovery

Britain's 33,700 mid-sized businesses don't get the support they need.

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US election »

I wish I hadn't said that: Mitt Romney has reached the point where anything he says is taken as proof that he's a brainless booby

Obama and Romney make promises they can't keep

Helping America's middle class will be tougher than it looks.

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GOOD NEWS BRITAIN »

The Be At One Directors (left to right) Leigh Miller, Rhys Oldfield and Steve Locke.

Build a great business and investors will come

How the founders of cocktail bar chain Be At One snared investors.

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Investing

'Smaller companies are cheap and in rude health'

Fidelity fund manager on investment opportunities in smaller companies.

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City Diary »

Maybe that £120k salary in Beijing isn't quite so enticing after all...

Wangfujing Dajie, Beijing, China: King's Cross to Beijing in two days on new high-speed rail network

City Diary has every confidence George Osborne will find an outstanding candidate for the newly created role of director general of trade and investment for China.

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Poor old Bob – now the BBC’s going after him

Paul Tucker shuns dinner as Lord Turner's stock rises

Time to rein in the spending, your highness?

ECONOMICS »

'Pasty tax could pay for UK recovery'

Getting Britain's economy back on track could cost as little as the revenue that the Government hoped to raise from its controversial pasty tax, according to the director of a respected think tank.

Creating a self-sustaining recovery in Britain could cost as little as the revenue that the Government hoped to raise from its controversial pasty tax, according to the director of a respected think tank.

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Paul Krugman attacks 'mad' austerity policies in Britain

Squeezed parents cannot afford childcare

Debt crisis: as it happened - October 15, 2012

MARKETS »

Market report: SDL warns of litigation costs

Investors ditched their shares in information technology group SDL yesterday after the company warned it could take a hit of up to $3m (£1.9m) because of “ongoing litigation”.

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Lessons of the 1987 crash are clear – don’t panic, invest

Build your profits with mid-cap shares

Engineers fall on second profit warning

Career & Jobs news »

Why are women CEOs leaving?

The small number of women CEOs just got smaller. Sophie Cornish asks why the likes of Kate Swann and Dame Majorie Scardino are leaving their high-profile jobs.

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