A defiant Rupert Murdoch has said he will challenge the 'total lies' issued about his News Corporation media empire in the phone hacking scandal when he appears before MPs next week... more
The Ministry of Defence has been urged by MPs to get a grip of stock control problems which have left it unable to account for billions of pounds-worth of military equipment... more
Britain will remain in the 'premier league' of military powers despite swingeing cuts facing the armed forces, Defence Secretary Liam Fox says ... more
Prime Minister David Cameron faces grilling from senior MPs on his economic strategy and Britain's military engagement in Libya and Afghanistan
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Independent financial advisers (IFAs) are up in arms over the Government's Retail Distribution Review (RDR). The IFAs argue that the review, the recommendations of which are scheduled to come into effect next year, may drive them out of business... more
The testimony to the Commons Treasury Select Committee by Barclays’ chief executive Bob Diamond caps days of fresh speculation about Government plans to deal with bank bonuses... more
David Cameron faces a grilling by panel of some of Parliament's most senior MPs today, with the impact of massive public spending cuts high on the agenda... more
Theresa May says she will tighten the limit on migrant workers coming into the country from next year despite fierce criticism from business chiefs... more
The Mayor, Boris Johnson, has declared that the number of financiers who may leave London as a result of the Government’s windfall tax on bonuses may be far larger than previously thought — perhaps as many as 9,000 people... more
The Bank of England is the lender of last resort for British banks. That is part of its function. It has routinely issued banks which have temporary liquidity problems with sufficient funds to tide them over their embarrassments... more
After one of the City’s highest-flying women describes 12 months of maternity leave as “a nightmare” for employers, a writer and working mother offers her own “gender-friendly” solution to the problem... more
Too many black people are still being stopped and searched by police in spite of significant progress to improve officers’ attitudes on race, MPs warn... more
Adam Posen, who joins the monetary policy committee at the Bank of England in September, admits he is not yet up to speed on the state of the UK economy and promises to put this right ... more
How intriguing. Just what were City minister Lord Myners and Commons Treasury Select Committee chairman John McFall talking about so animatedly the other night? ... more
Banking: The former chief executive of Singer & Friedlander, which was sold to failed Icelandic bank Kaupthing in 2005, warned the Financial Services Authority not to allow the bank to go ahead with the takeover, a leaked memo says
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Mervyn King says banks should put "many billions" of pounds into a fund over the next 10 years to compensate customers in case of another Northern Rock collapse... more
Nearly 100 children are missing from school in London in areas where there is a high risk of forced marriage, new official figures have revealed... 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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