Directors at the London-based arm of Goldman Sachs saw their pay almost treble last year despite pre-tax profits plunging 75% to $1.19 billion (£720 million)... more
Former Labour City minister Paul Myners uses a speech in the House of Lords to attack the previous government — of which he was a leading member — for its “flawed” economic thinking ... more
What a strange contradiction Tory MEP Struan Stevenson is. On the one hand he has visited Kazakhstan on no fewer than 10 separate occasions to investigate the effects of Soviet-era nuclear explosions on the inhabitants there... ... 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
Just how brilliant is the car “scrappage” scheme in the Budget? It’s designed to stimulate the car industry but only £1000 of the £2000 paid to the owner of an old banger trading it in against a brand-new model, comes from the taxpayer; the rest is provided by the car industry... more
BP chairman Peter Sutherland was enmired in controversy at his last annual meeting of the oil major as he refused to apologise for his role in the boardroom failure at Royal Bank of Scotland, where he was also a director... more
Royal Bank of Scotland today axed another 9000 jobs, taking the total number of posts axed so far this year to almost 12,000. Half of the cuts will be in the UK... more
The top director at Goldman Sachs International in London earned just $1.9 million last year, down more than 90% from $23.4 million in 2007, annual accounts obtained by the Evening Standard showed... more
BP chief executive Tony Hayward's pay rose by 16.5% to £2.5 million last year, during which he ordered thousands of redundancies at the oil giant... more
Sir Philip Hampton marked his arrival as the new chairman of Royal Bank of Scotland with a massive clearout of many of the longest-standing members of the board... 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
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
WITH administrators and liquidators picking over corporate carcasses around the country and consigning thousands to the dole queue, step forward the annual Insolvency and Rescue Awards... more
When crude was hitting its record highs of more than $147 a barrel in early July, BP’s shares were in sharp decline, a fall that has been extended in recent weeks to wipe around £30 billion off the value of Britain’s largest company... 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
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
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