The prospect of a double-dip recession may have been held off after consumer confidence in the British economy improved in August for the first time in five months... more
Budget: Chancellor George Osborne wants to slash corporation tax as part of moves to show companies around the world that Britain is 'open for business'... more
The Bank of England’s interest rate-setting monetary policy committee begins a meeting straddling the weekend because of the election with a double dose of bad news... more
Pharmaceuticals firm Goldshield might have understated how much profit it made for several years before management bought the company for £179 million in December... more
As JP Morgan becomes the first major bank to reveal its annual pay-and-bonus pot, City accountants have been working overtime - looking for ways for banks and bankers to avoid the bonus tax and 50 per cent top-rate income tax... more
“There is not a clear message regarding future wholesale costs movements that can be communicated to customers” E.On’s Paul Golby obliquely commented recently, on the chances of a cut in retail prices for Britain’s households...... more
A catastrophe for the noble firm of Ernst & Young, a bulwark of what has been known as the Big Four in the accountancy profession. It has been relegated to fifth in rankings of listed company auditors...... more
So Labour is to put up candidates for the City of London Corporation elections. Labour says it wants to "highlight what is wrong with the established governance of the City of London, and how its largely unaccountable leaders have brought Britain to recession"... more
Property: Plans to turn the celebrated former Midland Bank building, whose vaults starred as Fort Knox in the 1964 Bond film Goldfinger, into London's first six-star hotel have been thrown into disarray after the owner defaulted on a £72 million loan... more
Budget report: Accountants are busy looking at schemes to prevent City high-flyers and other top earners being hit by a near-60% rate of taxation on their pay packets... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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