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Coining it: Barclays’ boss John Varley rewards shareholders as revenues surge although bad debts remain a worry

Barclays is heading for £11bn profit

Barclays is on track for a record profit of £11 billion this year as Britain’s shattered banking system emerges from recession  Comments

Airports’ bleak winter

Britain's airline recession is entering its second winter with passenger numbers still falling, latest figures show  Comments
Vodafone

Vodafone ups cost cutting

Vodafone doubled its cost-cutting target to £2 billion over the next two years as it fights against stiff competition and falling call costs  Comments
Alison Cooper

Woman boss for Imps

Alison Cooper was today named as the next boss of Imperial Tobacco, becoming only the fifth woman to head a FTSE company  Comments

HSBC says the big jolt has passed as profits rise

HSBC today said the worst of the global economic crisis has passed as it revealed third-quarter profits were “significantly ahead” of the same period last year  Comments

Corporate entertainment

mandelson xmasPsst! Keep it quiet but the City still wants to celebrate

Economic analysis

gdp forecastLet’s hope that the Bank of England finally gets it right
 

RBS investors urged to block latest bailout

Angry Royal Bank of Scotland investors today branded the latest government bailout “unnecessary and enormously expensive”  Comments
Park Lane InterContinental

Slump hits hotel giant

Holidaymakers are cutting trips short, business people are trading down and there’s no money to build new hotels  Comments

More new owners for BSM in buyout

Britain's biggest driving school is to have its fourth owner in four years  Comments

220 jobs to go as the biscuit robots march in at Northern

Hundreds of northern bakers are to lose their jobs as they are replaced by robots at Fox’s Biscuits  Comments

Fundraising to slash Yell’s debt mountain

Yell today announced a £660 million fundraiser via a placing and open offer, as the Yellow Pages publisher looks to cut its £3.8 billion debt pile  Comments

Can British Airways survive the recession?

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Yes
No
More Polls        Today's City Poll

Should the G20 launch a Tobin tax on investment bank transactions?

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Yes
No
More Polls        Today's City Poll
 
 

 
Market Roundup
TUESDAY UPDATE

Footsie edges upwards as results arrive thick and fast

Leading shares continued to make headway in another day of thin trading as City investors tackled a clutch of trading updates

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City Spy, cityspy@standard.co.uk

Apple’s iPhone in dubious taste

“An iPhone application that recently made its way into the Apple App Store has sparked some controversy — a digital version of Adolf Hitler’s book Mein Kampf

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