Yukos teetering as banks call in debts
Yukos, the Russian oil giant, today lurched closer to bankruptcy as a group of creditors declared the company in default on $1bn (?545.7m) of loans.
The notification cam...
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Now taxman wants a slice of mis-selling payouts
The government is facing a row over revelations that the Inland Revenue is charging tax on some compensation payments made to victims of financial mis-selling.
Nearly ...
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Show me the money
Waiting up to five working days for a cheque to clear is annoying enough when it comes to personal banking. The funding gap is all the more galling when it is your busine...
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Sanctions against non-paying parents lie unused
Only 21 absent fathers refusing to make payments for their children's maintenance have had their driving licence removed, even though the government promised three years ...
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US army to prune Halliburton bills
The United States army will withhold payment of up to $60m (£32.8m) a month on future invoices submitted by Halliburton, the firm formerly run by vice-president Dick...
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BSkyB reception deteriorates
There was no respite for BSkyB shareholders yesterday as the satellite broadcaster took its losses since last Wednesday's disastrous strategy presentation and fourth-quar...
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Wood poised to join Saga sale race
Insurance tycoon Peter Wood is ready to step into the £1bn sale of Saga, the over-50s holiday group.
Mr Wood, who made his fortune from the Direct Line telephone c...
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Fears grow for Turner & Newall pensioners as US talks fail
Fears are growing that up to 17,500 people could see part of their promised pensions snatched away after high-level talks failed to persuade creditors holding the purse s...
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Bad news for plastic criminals
A specialist unit of the fraud squad has recovered more than 36,000 stolen credit cards and card details over the past two years, it was announced today.
The Dedicated C...
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My husband has Alzheimer's
Christine, 69, is worried about her husband and their future finances. She writes:
'My husband is 71 and has 'atypical' Alzheimer's disease. He is in the care of the lo...
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