George Osborne's harsh medicine for the deficit hit home in September as some rare cheer about the nation's dire public finances left the Chancellor breathing a sigh of relief... more
The Bank of England's powerful monetary policy committee is increasingly concerned about the fragile state of the UK economy, minutes of its latest meeting show... more
Britain's spluttering fightback from recession is dealt a new blow as experts warn the economy is heading for even slower growth in the second quarter of this year... more
Ernst & Young is fined £500,000 and ordered to pay £2.4 million in costs for failings in its role as auditor at troubled life assurer Equitable Life... more
City Comment: Ernst & Young is in the spotlight following the report published in the United States into the collapse of Lehman Brothers, where the firm was the auditor
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Did Prince Charles write to or talk to Boris Johnson about his dislike of the 650 Richard Rogers-designed flats at Chelsea Barracks before the Mayor indicated his disapproval last July? Let’s hope not... more
Max Property, the investment firm set up by Nick Leslau, confirmed its first acquisition, spending around £245 million on a portfolio of 86 distressed industrial properties
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The value of stock-market flotations worldwide crashed by more than 95% to $1.4 billion (£953 million) in the first quarter of 2009 from $41.2 billion in the same period a year earlier... more
Scratching around to find something cheerful to say to match the festive season has been harder this year than most, but it came through last night with confirmation that administrators had been appointed at Whittard of Chelsea and at an associated business that deals in flavoured coffees... more
High Street music, DVD and video games chain Zavvi has called in an emergency restructuring team from accountants Ernst & Young to help it through its current trading troubles... more
The Middle East is poised for an initial public offering bonanza, with 20% of family-owned companies planning to list, according to an Ernst & Young International survey... 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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