City Comment: On the day that President Obama delivered his knockout blow to the banks, I was meeting a senior City figure. We both admitted to being totally perplexed by the banks — how intelligent people should get it so hopelessly wrong... more
After more than two decades Oliver Stone is making a sequel to Wall Street. Our reporter agrees it’s the perfect time for the monster to be reincarnated... more
President Barack Obama's plan to clean up American industry gets its first major test as the House of Representatives votes to restrict greenhouse gas pollution... more
Georgia Gould isn’t the only child of a Labour dynasty making her mark in politics. Emily Hill reveals the other holders of famous names following the family tradition... more
TIMES are tough at Merton council. It’s ordered council employees who weren’t able to make it into work because of the snow, to account for the time from their annual leave.... more
The President-elect is known to have been deeply hurt by the treatment of his relative during Kenya’s Mau Mau rebellion. It could yet impact on the UK’s ‘special relationship’ with the US... more
Engineering Nissan chief Carlos Ghosn has warned that the company's second-half profit will probably fall to "zero" as the global motor industry crisis intensifies... more
Somehow, on the expansion of Heathrow, it feels as if a turning point has been reached. We can start to be increasingly hopeful that it will not happen... more
Credit Crunch: The Bush administration has widened the scope of its $700billion (£382billion) financial system bailout to include assets other than mortgage-related securities... more
After dodging US marshals and fleeing to Switzerland, one of the world's most secretive billionaires is putting his head above the parapet again... more
UBS has buckled under the pressure of an investigation into allegations it helped rich Americans hide their wealth from the taxman, agreeing to stop offering Swiss banking services to 20,000 US clients... more
Naomi Campbell has introduced the Russian billionaire she has been secretly dating to 12 of her most trusted friends at a rowdy dinner party last week on a yacht off St Tropez in the South of France.... more
It may not be as memorable as her trademark Spice Girl Union Jack outfit, but Geri Halliwell took a more classic approach to her role as a United Nations Goodwill Ambassador... more
The ICA has asked 25 European, Iraqi and American artists to propose a memorial to the Iraq war; the results are being shown at the ICA Galleries.... more
Richard E Grant makes his directorial debut with Wah-Wah, Paul Greengrass explores the horror of 9/11 in United 93 and coming out drama Imagine Me & You is just plain silly. ... more