City Veteran Backs Rothschild In Mining Row

By Mark Kleinman, City Editor One of the City's best-known fund managers is poised to back the billionaire financier Nat Rothschild in his battle to wrest control of a London-listed coal mining group. I understand that John Duffield, a City veteran...

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Exclusive: Supermarket Row Over Festive Sales

By Mark Kleinman, City Editor Tensions between two of Britain's biggest supermarket chains have burst into the open after an executive at Sainsbury's urged City analysts to question market-leading Christmas sale figures produced by rival Tesco....

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HMV Sale: Price Cuts Ahead Of Bank Deadline

HMV is holding a massive sale from Saturday after admitting it could breach crucial banking conditions at the end of January. The 25% Blue Cross Sale on CD's, DVD's, Blu-rays, box sets and games across 230 stores and online comes just weeks after the...

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Fuel Costs: OAP Bills 'Doubled Since 2005'

Older people have seen their energy bills more than double since 2005, research from Saga has found. The average annual spend on fuel bills for the over-65s soared to £1,355.90 last year, amounting to more than twice as much as the average of £668.98...

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Japan Unveils Huge Economic Stimulus Package

Japan Increases Defence Spending Updated: 10:54am UK, Friday 11 January 2013 By Mark Stone, China Correspondent Japan has announced plans to increase its defence budget for the first time in a decade as tensions with China continue to increase....

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Honda Job Losses: 800 Swindon Staff To Go

Honda plans to cut 800 jobs at its Swindon plant because of "low demand" for its vehicles across Europe. The surprise move - which marks the first time the Japanese carmaker has made UK redundancies - comes after the company hired 500 workers last...

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Cameron Issues Warning On Corporation Tax

By Mark Kleinman, City Editor David Cameron has warned the bosses of some of Britain's biggest companies to think "long and hard" about their tax contributions to the Treasury amid the ongoing row about corporation tax avoidance. I understand that...

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Dreamliner Safety And Design Review Ordered

America's aviation watchdog has ordered a comprehensive review of the Boeing 787 Dreamliner after a spate of incidents involving the aircraft. The head of the Federal Aviation Administration (FAA) said he is confident the Boeing 787 is safe, but he...

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Jessops: Camera Chain Closing All Stores

Camera retailer Jessops is clearing stock from its stores after administrators announced it was unable to continue trading. PricewaterhouseCoopers (PwC), which was appointed to the group on Wednesday, has begun the process of shutting the firm's entire...

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Rent Rip-Offs: Miliband Slams Rogue Landlords

Ed Miliband pledged to make the housing market fairer for private renters as he fleshed out his One Nation philosophy. The Labour leader warned that action is needed to prevent damaging social divisions between home owners and those who rent. His speech...

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