I am beginning to feel a little sorry for our elected servants in Westminster. I know it sounds a little like suggesting that bankers work dreadfully hard and deserve every penny of their bonuses... more
Rebuilding Britain's banks: When Britain's greatest comic writer PG Wodehouse penned Psmith In The City in 1908 there was more than a touch of the autobiographical about it
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Recruitment giant Michael Page, which has shed almost a third of its own staff over the past year as first the financial crisis and then recession gripped its clients, suggested the pain may be coming to an end
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Health: British pharmaceutical giant GlaxoSmithKline is believed to be eyeing up Africa’s largest pharmaceutical firm, Aspen Pharmacare, for a £940 million takeover... more
Telecoms: Electronics group Laird today said it was sacking 4500 workers in the US and China due to falling demand for mobile phones and other electronic gadgets... more
Credit crisis: Bank of England urged to slash interest rates by a full percentage point as central bankers around the world face mounting pressure to tackle the global recession... more
Fears that the financial crisis is set to engulf the Far East and other emerging markets today saw three of Europe's largest banks, which have so far weathered the credit crunch, come under renewed pressure.... more
The credit crunch is going to be a test for restaurateurs as the capital's increasingly educated diners become more picky not only about the menu but the price tag attached to it. ... more
Energy: The oil price was plummeting on Tuesday, registering its biggest falls in four years and down below $90 a barrel — less than a week after it crashed back through $100 a barrel... more
Standard Chartered shows once again that it is coming through the credit crunch in a much stronger state than most of its major international rivals... more
The Royal Academy of Music's double-bill pleased the audience with nimble productions by Orpha Phelan and no shortage of youthful promise from all over the world.... more
Sound check: German industrial metal band Rammstein literally play with fire in their live performances - and now they are about to unleash their singeing spectacle on London. Watch out for your eyebrows
Morning:
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