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
Troubled West End bars chain Novus, which owns Tiger Tiger, Sugar Reef and the Zoo Bar, looks set for a refinancing that would make Barclays and RBS big shareholders... 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
Quelle Surprise. Gordon Brown was unable to bring himself to tell to Barack Obama to his face that the global recession was the fault of America. Strange, as this was something he has been only too happy to trumpet up until now.... 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
Tax: The Treasury faces having to pay out up to £7 billion after the High Court ruled today in a landmark case that UK firms' dividends on foreign earnings should not have been taxed... 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
The move to slash VAT could be particularly good news for Britain's struggling toy sector, which is now in line for two good Christmases on the trot... more
Budget report: The enthusiasm of small businesses for the Pre-Budget Report's £7 billion recession package was being dampened today as companies examined the small print... more
Sofia Coppola's boyfriend is lead singer and they won the Grammy for Best Alternative Music Album this year. Now, Phoenix tell Nosheen Iqbal, they are set to conquer London
Move over, Mahiki. Nightclub entrepreneurs Charlie Gilkes and Duncan Stirling are soon to launch a new Eighties-inspired club in Chelsea, in honour of Lady Thatcher
Tonight:
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