Two weeks ago, Bank of England monetary policy committee member Andrew Sentance decided to go public with his concerns about inflation, and his fears that it was just too virulent for this stage in the economic cycle... more
More than a thousand tennis fans set up camp at Wimbledon in the three days before Andy Murray’s quarter-final match to guarantee a place court-side... more
The stars of the City and business turn out in force at the curtain-raiser to the London summer season, the Gala Night at the Chelsea Flower Show... more
Tucked away in the Budget speech yesterday, around about the point where the uncommitted listener was losing the will to live, Chancellor Alistair Darling broke genuine new ground... more
City Comment: When governments are short of money they cut capital spending. But however much needs to be saved, it can't come out of infrastructure budgets... more
When the dust has settled on the pre-Budget report it might just be that the most significant lasting thing to emerge is the creation of Infrastructure UK, under the chairmanship of Paul Skinner, till recently with Rio Tinto... more
Investors might begin to wonder whether it has become the most poisoned chalice in British business: the chairmanship of BP, the job that apparently nobody wants... more
Former Warburgs director John Littlewood is pamphleteering for the Right-leaning Centre for Policy Studies. His research shows the London stock market has fallen 26% since Labour came into power in 1997 ... more
Mining: Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company... more
Mining: Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company... more
Something has gone terribly wrong at Rio Tinto. The chart of the share price looks like a spoil mountain outside one of its mines, and it has achieved the impressive feat of alienating its biggest shareholders by not asking them for money. It's now on the brink of a blunder that threatens its whole future. ... more
Mining:Rio Tinto chief executive Tom Albanese postponed a planned trip to Australia as he attempted to placate London shareholders furious at his proposed sale of up to 18% of the company to the Chinese
... more
Mining: The Chinese government has been handed a seat at the mining industry's top table by a desperate Rio Tinto which was forced to sell prized assets to state-owned Chinalco in a exchange for an injection of nearly $20 billion cash... more
Rio Tinto was left hunting for a new chairman after the man it had lined up for the job suddenly quit the board following a bust-up with fellow directors... more
Sir John Craven is the man who capped a long, distinguished City career by taking on the poisoned chalice marked Lonrho, drinking the contents — and surviving... more
Energy: The uphill battle facing Jim Leng, the new chairman of Rio Tinto, has been underlined with the mining giant reporting one of its biggest-ever quarterly falls in iron-ore production... more
Comment: Of all the ways to cut taxes by £12 billion, the nibble off the VAT bill is the least effective way to dig us out of our financial hole... more
Profile: After four decades at Shell, Paul Skinner swapped refining for mining. Now his sharp brain and calmness under fire could
put him right at the top of the oil business... more
Tonight:
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