Eurozone Economy Will Shrink Again, Warns EU

The EU has warned that the eurozone's economy will remain in recession for longer than expected. In its winter economic forecast, the European Commission (EC) said the economy of the currency bloc - which consists of 17 countries - would shrink by 0.3%...

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Exclusive: Lloyds Set To Pay Boss £1.4m Bonus

By Mark Kleinman, City Editor Lloyds Banking Group is finalising plans to pay its chief executive an annual bonus of approximately £1.4m, although he will not receive it until taxpayers' stake in the bailed-out bank breaks even. I have learnt that...

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Exclusive: Go Compare Clicks On £450m Sale

By Mark Kleinman, City Editor Its advertisements are routinely voted among the most irritating on TV, but Go Compare, the price comparison website, is poised to defy its critics with a sale that will catapult its founder in the ranks of Britain's...

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YouTube Clicks Included In Billboard Chart

Is A YouTube Click Really Worth It? Updated: 3:09pm UK, Friday 22 February 2013 With the US singles chart including YouTube views for the first time, music industry insider Steve Redmond asks whether we can expect a similar change to the UK charts....

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Titan's Maurice Taylor Slams France Again

US chief executive Maurice Taylor has blamed the French Government for what he describes as the country's "lack of knowledge" about business. In his second letter to France's industry minister, the boss of Titan International - which owns Titan and...

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Fuel Prices Head For Highest Level Ever

Motorists have been warned that petrol prices may soon reach their highest level ever. The AA said sterling's slide against the dollar and market speculation could push prices to record levels by Easter. The warning comes as tanker drivers at the Grangemouth...

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Food Bills May Rise Amid Growing Meat Tests

By Tom Parmenter, Sky News Correspondent Consumers are being warned that food bills may rise if high demand for meat testing continues. Since the start of the horsemeat scandal, laboratories all over the UK have been inundated with requests to...

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Myners: Ex-Minister Courted For Tabloid Role

By Mark Kleinman, City Editor Lord Myners, former chairman of The Guardian's parent company, has been approached about chairing a new venture that is targeting a foothold in Britain's cut-throat tabloid newspaper market. I understand that the board...

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AAA Credit Rating Lost: Osborne Defiant

George Osborne has come under attack over what Labour calls his "catastrophic economic policy failure" after the UK lost its top-grade AAA credit rating. International agency Moody's downgraded it by one notch to AA1, citing slow growth and a rising...

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Exclusive: RBS Mis-Selling Bill To Add £1.1bn

By Mark Kleinman, City Editor The state-backed Royal Bank of Scotland (RBS) will next week set aside another £1.1bn to compensate customers for mis-selling products to consumers and small businesses. I can reveal that the bank is preparing to say...

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