There is dismay at Westminster that Twinings, the quintessentially English tea brand that is a subsidiary of Associated British Foods, is relocating much of its production to Poland... more
Senior Banco Santander executive and his accomplice charged with making $1.1 million by insider trading on BHP Billiton’s $39 billion bid for Potash Corp... more
Santander UK paves the way for a £15 billion-plus flotation on the London stock market as it receives a £4.5 billion capital injection from its Spanish parent... more
Before the start of the Cheltenham Festival today, the racecourse's managing director Edward Gillespie admitted corporate hospitality has taken a hit - it's down around 10%, he says, although some think that may be a little optimistic... more
British Gas operator Centrica was one of the biggest casualties among the top 100 companies, falling 17½p to 234¾p as brokers set about placing the rump of its recent £2.2 billion rights issue, worth almost £279 million... 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
A surprise crackdown on speculators and the promise of a wide-reaching solution to the crisis in the US financial sector triggered an unprecedented rally among leading shares with the FTSE 100, up almost 400 points, heading for its biggest ever one-day rise... more
Royal Bank of Scotland has switched its attention to Commonwealth Bank of Australia in its search for a buyer for ABN Amro's investment banking and corporate finance business in Asia... more
Bank of England Governor Mervyn King turned down £100,000-a-year pay rise when he was reappointed for a second term a few months ago because he thought such an increase would be inappropriate.... 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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