City Comment: The date of the Budget should be announced this week and most of the betting seems to be on 24 March, which is two weeks on Wednesday... more
Though Tory leader David Cameron and shadow chancellor George Osborne seem increasingly confused about what to do when in power to tackle the public sector deficit and associated mountain of debt, there is no reason for the rest of us to be in the dark... more
City Comment: Published today is this year’s “Banking banana skins” — an annual survey of things likely to trip up unwary bankers. Inevitably political interference gets a big space, the industry thinks of little else... more
City Comment: The City of London has prospered considerably down the years from its willingness to allow what is illegal elsewhere, and in particular when the laws that are being skirted round are those of the United States... more
City Comment: Attempts to predict the day-to-day financial issues of 20 years into the future can't help but come straight from the lobbyists' handbook, not the crystal ball... more
Bank of England’s interest rate was held at the record low of 0.5 per cent for the 10th month running, amid forecasts that it could be stuck below one per cent for five years... more
Britain's financial future looked a little less shaky after a leading credit ratings agency said the UK's cherished AAA status was not under threat - for now... more
Shareholder activist group Pirc calls upon DTZ shareholders to reject the pay package of chief executive Paul Idzik at the AGM of the 5500-strong global property agents... more
The UK economy faces a "sluggish and protracted" U-shaped recovery rather than a strong V-shaped bounce hoped for by the Treasury, leading forecasters have warned... more
Ever since Mark Tucker took the helm at the Prudential more than three years ago, City analysts and investors have been telling him to sell the UK business so the group can focus properly on Asia, where for some time it has been getting an increasing proportion of its sales and most of its growth. Now they could get all they bargained for, and more... more
People who have forgotten how to cope with recessions and have similarly forgotten, or never knew, how to handle negative equity in housing will soon have to come to terms with a new challenge — living with a massive deterioration in Government finances... more
It is tempting to believe when the credit markets are in turmoil and the banking world is coming apart at the seams that this is the only thing happening in the world... more
Sofia Coppola's boyfriend is lead singer and they won the Grammy for Best Alternative Music Album this year. Now, Phoenix tell Nosheen Iqbal, they are set to conquer London
Move over, Mahiki. Nightclub entrepreneurs Charlie Gilkes and Duncan Stirling are soon to launch a new Eighties-inspired club in Chelsea, in honour of Lady Thatcher
Morning:
11°c
