Labour rejects claims of ?5bn tax black hole
Tax increases of £5bn a year or higher borrowing will be needed by the end of the next parliament if Labour is to continue rebuilding run-down public services at the...
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M&S chief's bonus to be axed
Marks & Spencer intends to block a bonus payment of £810,000 to its controversial chairman, Luc Vandevelde, prompting speculation that the Belgian might quit the...
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Federal Reserve delays the inevitable
In terms of market sentiment yesterday was a good time for the Federal Reserve to cut US interest rates. The macroeconomic news over the past couple of weeks has been mod...
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Rough deals: who'd have credited it?
The 'have now, pay later' culture has started a trend in the High Street that could drag millions of consumers into debt.
If you go into a jeweller, electrical store, a...
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Left to sink in sea of debt
When John Quigley answered his phone last Wednesday morning he knew the news was bad. On the line was Brett Martin, corporate development director of the Merseyside-based...
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Tax chaos as 420,000 told to pay twice
The Inland Revenue has been swamped by calls from confused taxpayers after demanding payment from more than 400,000 people, many of whom have already settled their accoun...
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?1m for Royal & Sun chief
Top executives at the Royal & Sun Alliance insurance group failed to earn their bonuses in 2000 for the third year, but chief executive Bob Mendelsohn still managed t...
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The railway's black hole
The financial crisis on Britain's railways is going from bad to worse. A few days ago John Prescott, the deputy prime minister, accelerated payment of a £1.5bn lifel...
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Tragic tycoon seeks solace with Aids victims
She is the nurse who became Britain's richest businesswoman, turning a ?25,000 redundancy payment into a ?1 billion international empire.
When she left her council...
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When slaughter is cheap...
At least the taxi drivers are honking each other again. And the New York sidewalks are again arenas for confrontation. But as they stagger back to normality, New Yorkers ...
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