Parmalat misses loan deadline
Parmalat, the Italian food group facing the worst financial crisis in its 40-year history, admitted last night that it would not be able to meet the deadline on a $400m (...
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Well-off families will 'benefit most from baby bonds
MPs yesterday warned that the government's new child trust funds, which aim to give the poor a stake in society and extend opportunity, are most likely to benefit the chi...
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Broker joins queue to buy Telegraph
Terry Smith, the maverick chief executive of stockbroker Collins Stewart, is putting together a cash bid for the Telegraph titles that would value the business at between...
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Hard to credit, but they're going to change the law
Britain's 30-year-old consumer credit laws are to be kicked into the 21st century. But don't hold your breath. Department of Trade proposals to transform antiquated legis...
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Parents get a break from family man Chancellor
A little known and little used childcare voucher scheme could be one of the most popular tax breaks for families by the end of the decade, following the announcement by C...
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Drax creditors reject IP offer
International Power's £130m bid to take control of Drax, Britain's biggest power station, collapsed ignominiously last night when the plant's creditors overwhelmingl...
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A very flexible friend
Kids can be nasty creatures, particularly at school. They often demonstrate that uncanny ability to zero in on children who don't quite fit the mould. Southampton is no e...
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Loan shark teams to hunt down illegal lenders in credit shake-up
Teams of loan shark "hunters" will be dispatched to deprived communities to bring to book illegal money lenders as part of a shake-up of credit laws, the government said ...
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Government squares up to exploitative lenders
Consumer bodies have welcomed the government's plans to crack down on unscrupulous lenders, announced in today's consumer credit white paper.
The proposals include usin...
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Fighting rising tide of fraud
Do you feel as if everyone you know has been affected by credit card or bank account fraud? It's not surprising - you have a one in three chance of being the victim of a ...
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Accounting & Auditing 
