The strife on the UK High Street increases as Kesa Electricals edges towards putting the For Sale sign over Comet, saying that it is looking at "strategic alternatives" for the struggling business... more
Market round-up: It's a little chilly for donning your birthday suit but that has not stopped Travelzest — which owns Britain’s biggest naturist holiday group Peng Travel — from attracting attention... more
Market round-up: Knight Vinke has been on a pre-Christmas shopping spree at Kesa Electricals, fuelling talk that a break-up of the electricals giant is imminent... more
Plunge into the red at struggling Comet piles the pressure on Kesa Electricals to press ahead with a break-up of the European electricals group... more
The boardroom chaos at Europe's biggest bank drew fire from major shareholders as it emerged that Michael Geoghegan had offered to stay on at HSBC despite being passed over for the coveted post of executive chairman... more
When activist investors challenge big companies, the giants usually react dismissively, pointing to the pitifully small percentage of votes typically mustered by those seeking change... more
Rebuilding Britain's banks: When Britain's greatest comic writer PG Wodehouse penned Psmith In The City in 1908 there was more than a touch of the autobiographical about it
... more
Banking: HSBC, Europe’s biggest bank, admitted it should never have bought its American consumer-finance business, Household, as it launched the UK’s largest ever shareholder cash call... more
One criticism heard increasingly of some of the banking boards worst-affected by the credit crisis is that, in the run-up to it, they all behaved like sheep, with no one baa-ing out of turn... more
Banking: HSBC shares were battered on the stock market, falling 13% despite the bank publishing a strong rebuke to claims that it was in need of an urgent injection of funds... more
Profile: Mike Geoghegan’s HSBC used to
be seen as a plodder. But he didn’t get his
knuckles rapped by ministers and it doesn’t
need our money. Its rivals are still smarting... more
This week sees a defining moment for the City. We will know whether Royal Bank of Scotland management has persuaded shareholders to forgive their foolish ways.... more
HSBC, Europe’s largest bank, faced a barrage of criticism from shareholders at its annual
meeting over its controversial bonus plan to pay its top executives up to £120 million... more
Senior sources at Calpers, the world's biggest pension fund, say it is reviewing its close relationship Eric Knight, the Monaco-based active investor currently attacking HSBC.... more
London Gateway, the £1.5bn container port under construction on the Thames at Thurrock, will have capacity to unload six of the world's largest ships at one time and have as much impact on the capital as a new airport or half a dozen Westfield shopping centres
With London Fashion Week kicking off on Friday, British designer Matthew Williamson tells Rosamund Urwin about breaking up with his ex, post-show partying and his new model man
Tonight:
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