Ex-Cazenove banker sentenced to 21 months
Malcolm Calvert, the former Cazenove banker convicted of insider dealing
earlier this week, was today sentenced to 21 months in prison.
Thu, 11 Mar 2010 16:39:10 +0000 Ben Chu: Why the banks are an undemocratic vested interest
The banks are resisting reforms to break up large, systemically unsafe,
institutions today through their considerable lobbying power and their
funding for political parties on both sides of the Atlantic.
Thu, 11 Mar 2010 14:49:52 +0000 Ben Chu: Barlcays bets on Volker failure
Here's the real significance of Barclays' floated move into the US retail
banking market - they're betting that the Volker proposals, which would
enforce the old separation of retail and investment banking, are going to
get nowhere.
Thu, 11 Mar 2010 11:51:47 +0000 15% bonuses for John Lewis staff
John Lewis staff are to be rewarded with bonuses worth nearly eight weeks
wages after profits jumped at the department store group.
Thu, 11 Mar 2010 09:51:03 +0000 Wetherspoon to extend breakfast opening
Early risers will be able to eat their breakfasts at a JD Wetherspoon pub from
next month after the chain today announced plans to extend its morning
opening hours.
Thu, 11 Mar 2010 09:23:43 +0000 Morrisons profits soar amid record sales
Morrisons today hailed "another good year" as profits climbed 21 per cent and
sales hit record levels.
Thu, 11 Mar 2010 08:18:45 +0000 Commercial property may cause new crisis, says FSA
The City watchdog has sounded alarm about the prospect of a meltdown in commercial property. Announcing much tougher stress tests for banks, the Financial Services Authority raised concerns that they are not setting aside enough to cover losses on the sector.
Thu, 11 Mar 2010 00:00:01 +0000 Xclusive trio punished over ticket 'conspiracy'
The High Court yesterday ordered three people to pay damages after they fronted an internet events company that failed to provide a single ticket to the Beijing Olympics, despite clients paying millions of pounds. The deception meant that the British swimmer Rebecca Adlington's parents nearly missed seeing their daughter claim gold.
Thu, 11 Mar 2010 00:00:01 +0000 Business Diary: Free cinema tickets for suffering bankers
At last, someone who is prepared to show bankers some kindness. The Prince Charles Cinema in Leicester Square is showing Michael Moore's documentary Capitalism: A Love Story next week and is so concerned about the plight of our poor City folk that the first 50 bankers at each screening can get it in for free.
Thu, 11 Mar 2010 00:00:01 +0000 Banks told to disclose pay data
Britain's banks are to be ordered to disclose more details of their highest earners' pay.
Thu, 11 Mar 2010 00:00:01 +0000 Former Cazenove banker found guilty of insider dealing
A former Cazenove banker will return to Southwark Crown Court in London today to be sentenced, after being convicted yesterday on five counts of insider dealing.
Thu, 11 Mar 2010 00:00:01 +0000 £15m bonuses 'justified' after Rock slashes losses by £1bn
Northern Rock, the state-owned bank, said yesterday it would pay its staff £14.9m in bonuses after reducing its annual losses by more than £1bn.
Thu, 11 Mar 2010 00:00:01 +0000 David Prosser: Dump the phoney Budget
With Gordon Brown yesterday having set 24 March as Budget Day, it's a little late to be offering this advice, but here goes anyway: let's not bother with a Budget this side of the general election at all.
Thu, 11 Mar 2010 00:00:01 +0000 Glencore still on track for flotation despite slump in profits in 2009
Glencore, the secretive Swiss commodities trader, yesterday insisted that its 2009 results were "credible" despite profits falling by 43 per cent.
Thu, 11 Mar 2010 00:00:01 +0000 Underground row changes tack
The row over funding for the London Tube upgrade switched to a new, but equally incendiary tack yesterday after the independent Arbiter settled the value of the next slug of work at £4.46bn and immediately faced a threat of a legal challenge from Transport for London (TfL).
Thu, 11 Mar 2010 00:00:01 +0000 Investment Column: Overseas growth makes Inchcape a hold
Thu, 11 Mar 2010 00:00:01 +0000 Market Report: Bargain hunters see value in Shanks
The waste management group Shanks attempted a comeback as bargain hunters piled in last night.
Thu, 11 Mar 2010 00:00:01 +0000 Branson takes BA tie-up fight to Europe
British Airways' concessions to Europe's competition watchdog over its proposed tie-up with American Airlines (AA) were derided by Sir Richard Branson as "woefully inadequate" yesterday.
Thu, 11 Mar 2010 00:00:01 +0000 The Icelandic toy story
Even being bombed five times during the Blitz didn't stop staff keeping Hamleys' store on London's Regent Street open throughout the Second World War. They just donned tin hats.
Thu, 11 Mar 2010 00:00:01 +0000 Toyota to return to full-time working in UK factories
Toyota, the embattled Japanese car-maker that has been embroiled in a row over the safety of its vehicles in recent weeks, yesterday said that employees at its factories in north Wales and Derbyshire were set to return to full-time working.
Thu, 11 Mar 2010 00:00:01 +0000 
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