City comment: These are remarkably difficult times for the fund management industry. Though that is not a comment calculated to bring a tear to the eye of a grateful nation, it is nevertheless hugely important... more
The site of the former Middlesex Hospital - which, much to the irritation of Fitzrovia locals such as Griff Rhys Jones, was dubbed "Noho Square" by property types - looks set to be redeveloped at last after years of delay... more
Activist investor Sherborne sensationally topples the chairman of F&C Asset Management after its bid to shake up the board of the £100bn fund manager won over shareholders... more
The Mall Fund, a major investor in shopping centres in the UK, offloads four sites for £135.9 million - 6% more than they were valued at seven weeks ago... more
City Comment: Mervyn King often points to the overall 6% drop in our output rather than our recent growth of 0.1% or 0.3%. Aviva is showing the same judgment by investing in Europe - Asia's growth is faster, but Europe is so much bigger... more
City comment: Bankers still don’t get it, but FTSE 100 chief executives seem to. While the top slice of the financial sector enrages with its feasting at the bonus trough, those running British companies have moderated their demands... more
Greg Hutchings, the recently ousted executive chairman of Lupus Capital, turned up the heat on his former investment firm today ahead of a key meeting of shareholders ... more
Latest: One of Britain’s biggest companies faced massive embarrassment after its chief executive Andrew Moss, father-of-four, admitted to a relationship with a senior colleague... more
From the very first days of this crisis, Legal & General’s Tim Breedon has understood that it is about capital. Hence the tough decision to slash the dividend — tough for the shareholders to accept, tough to recommend but, in a capital-constrained world, a prudent move ... more
The Mayor of Tower Hamlets defeated Labour to be elected. Livingstone not only backed him but some of Ken's key players are now at the heart of running the council. Stephen Robinson reports
Tonight:
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