Comment: Henderson deal marks Gartmore’s seventh change of ownership in little more than two decades, and leaves an obvious lesson for investors... more
Paul Myners’ conversion is bizarre: the former Labour City Minister who aided the merger of Lloyds and HBOS is now calling for the break-up not just of that bank but also Royal Bank of Scotland... 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
Fund management giant Gartmore is to list on the Stock Exchange, firing the starting gun on what is expected to be several major flotations in London in the next 12 months... more
The Government will order banks not just to have "living wills" so they can be wound down quickly and easily if they go to the wall, but also an "undertaker" to administer them... more
IT will be interesting to see whether Rio Tinto chief executive Tom Albanese is still in his job next year to claim the annual bonus that is de rigueur for top company bosses. ... more
It cannot be the most pleasant experience on a sunny Bank Holiday to open a Sunday newspaper and discover its lead story is the possibility of your being sacked. It is true that politicians put up with such indignity all the time but not businessmen ... 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
Welcome to the bottom of the commercial property market. It must be, for today the world's biggest property agent says so. "The time to buy UK property is now," reckons CB Richard Ellis... more
Embattled City Minister Paul Myners was plunged into a fresh row as it emerged that he had a £4million pension with links to Royal Bank of Scotland... more
Transport: One of Britain’s leading industrialists is to head the board at Network Rail. Rick Haythornthwaite has been given the nod to succeed Sir Ian McAllister this summer
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An emergency summit between Britain’s leading charities and the Treasury was held as it emerged that voluntary groups are engulfed by the Icelandic banking crisis... more
Estate agent Foxtons has not been enjoying much success since founder Jon Hunt sold out at the top of the market a year ago, so is this a cunning tactic or a sign of desperation?... more
Some years ago, I went to a Buckingham Palace garden party. As Prince Charles crossed a lawn to take tea with his mother in a marquee roped off from the guests, the watching throng applauded. Why are they clapping? I wondered at the time... more
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