Offshore tax evaders will face stiffer penalities of up to 200 per cent of unpaid tax under new measures announced in the Budget yesterday.
Read more...
The growing uncertainty about Greece's fiscal woes illustrates just how much better emerging market public finances are in this crisis – and concerns about default should be focused more on...
Read more...
Ben Bernanke is the devil we know. He has been subjected to all kinds of ribald abuse from traders in the four stormy years since he took over as Federal Reserve chairman, but it became clear last...
Read more...
Pensioners will not be able to combine their various pension pots due to a delay by the Revenue
Read more...
Investors could be forgiven for thinking the US dollar is the worst performing big currency but that honour belongs to sterling
Read more...
Coventry Building Society, the UK’s third-largest mutual, increased its share of new mortgage lending in the first half of this year, helping to push up pre-tax profits by 25%
Read more...
The FTSE 100-listed investment trust questions the strength of the rebound after releasing interim results that reveal the net asset value of its investments has risen 6.8%
Read more...
One in five victims of identity fraud fail to get the full amount back, with some banks refusing to reimburse any of the money, according to the UK's consumer watchdog.
Read more...
The prospect of death rather focusses the mind. For most of us, it's a deterrent against taking excessive risks. But if we knew that we'd always be resuscitated no matter how much fun we have, well...
Read more...
China's apparent role in helping to mitigate slowdown has revived the investment theory, says David Oakley
Read more...
Banks continue to dominate the top ten most popular trades for retail investors, according to a new report.
Read more...
The question of what China does next with its currency is at the top of many lists of worries for 2010, writes John Authers
Read more...
The Financial Services Authority (FSA) has been raising concerns with the Pru about whether it would have enough capital and whether the capital would be in the right places, more-or-less since the...
Read more...
The government's decision to withdraw the guarantee that no saver in Northern Rock could lose even a penny if the bank went kaput has wide implications. The least important is that the reconstructed...
Read more...
Cate Blanchett's performance as Blanche is sustained, affecting and unhinged, writes Brendan Lemon
Read more...
Research shows that private shareholders have seen their payouts drop further than the market average
Read more...
On the Ten O' Clock News last night, I said there's unlikely to be a return to business as usual in the global economy unless and until there's confidence that the banking system has been fixed and...
Read more...
The Met's Costume Institute gala – the second greatest fashion show on earth – reflected the ambivalence of the current socio-economic mood, writes Vanessa Friedman
Read more...
The financial services arm of Sir Richard Branson’s Virgin Group has postponed its launch into mainstream banking, marking a setback to hopes for more retail banking competition
Read more...
EM companies outperform by selling globally and in local markets, says Jonathan Garner at Morgan Stanley
Read more...
Leading Aviva shareholders are pressing for the UK insurer to negotiate after it dismissed RSA’s £5bn offer for its general insurance business out of hand
Read more...
The original Red Knight idea, that a bunch of well-heeled Man Utd supporters would club together to buy out the club, looks more-or-less dead. I've spoken to a number of the potential investors and...
Read more...
The pound lurched towards a nine-month low against the dollar after the UK posted its first deficit for January since records began
Read more...
Equities pushed up to their highest levels for the year on Monday, while commodities and emerging markets pushed higher at the expense of dollar, yen and government bond havens
Read more...
Shoppers have been flocking to Britain's high streets, helping retail sales grow at their fastest pace in two years and underpinning optimism about trading in the critical pre-Christmas period, a CBI...
Read more...
China needs to find a way of promoting private consumption growth and become less dependent on exports, writes John Plender
Read more...
The Financial Services Authority has said that NDF Administration and Defined Returns Limited, both of which marketed products backed by Lehman Brothers bonds, had gone into administration
Read more...
With only 11 weeks to go, here are some options for those who haven't put in quite as many miles as they had hoped – or worse, haven't even started yet
Read more...
An increase in appetite from private investors for commercial property has triggered the launch of a number of new funds from investment houses keen to benefit from this change in sentiment
Read more...
The number of homeowners who have fallen behind on their mortgage payments fell slightly in the three months until September
Read more...
What exactly are these financial instruments and how do they work?
Read more...
Aviva and RSA trade blows over RSA’s £5bn offer last month for Aviva’s general insurance business, which was rejected out of hand by Aviva’s board of directors
Read more...
Kensington Mortgages, which specialises in mortgage lending to customers with patchy credit records, has been fined £1.2m by the Financial Services Authority for levying unfair charges on borrowers...
Read more...
European Financial Stability Facility must not repeat the mistakes that led to the financial crisis, writes Satyajit Das
Read more...
Before the credit crunch and Great Recession of 2007-8, the great cliche of my milieu was that the power of national governments and politicians was being eroded by globalisation and the clout of...
Read more...
Wealthy individuals could have claimed £250m in tax relief on chaitable giving – and charities could have been £1.2bn better off
Read more...
Wealthy borrowers are increasingly relying on bridging finance to help buy new homes, in a further sign of weakness for the housing market, mortgage brokers say
Read more...
Vice versus virtue? When investing, it seems best to ignore mother's advice and go down the sinful route because, in the long term, so-called vice sectors outperform virtuous ones, according to two...
Read more...
Residents of the UK who are not domiciled here are being encouraged to review their offshore trusts before the month’s end to save on capital gains tax.
Read more...
Savers worried about funding long-term care still need to make their own provision – in spite of government proposals for a new insurance scheme
Read more...
Consumers continued to turn away from cheques and towards debit and credit cards to make payments in 2008, according to figures from Apacs.
Read more...
When the FTSE 100 turned in the best quarterly performance in its 25-year history this week, Recovery Watch thought its mission might be over already, but by end of the week there was need for a...
Read more...
With-profits investors are being urged to complain if they missed an opportunity to cash in their policy penalty free, after a regulatory review found weak governance and communications remained a...
Read more...
Negative equity mortgages are being offered to UK customers of Nationwide that will allow homeowners once again to borrow more than the value of their intended house purchase
Read more...
Metals prices may weaken in the third quarter as China completes re-stocking says Peter Hickson at UBS
Read more...
HMRC's decision to cut the interest rate for employees saving to buy shares in their employer's company could deter people from signing up to these schemes, warns a leading accountancy group
Read more...
Banks seem unwilling to use spare liquidity to engage in activity that regulators or shareholders might deem risky, writes Gillian Tett
Read more...
It is entirely possible that much of the money thrown at the financial system will end up being recovered
Read more...
The good news for Liverpool FC supporters is that the club is not about to go bust. I understand that Royal Bank of Scotland has told its two billionaire owners, George Gillett and Tom Hicks, that...
Read more...
The American photographer worked frankly in front of her sitters, giving them the chance to act out their own identity, writes Francis Hodgson
Read more...
No windfalls are on offer in this week’s proposed takeover of Chesham Building Society by Skipton, the fourth biggest mutual lender
Read more...
So the government has been put on notice to reduce public sector debt by one of the agencies widely regarded as having exaggerated the safety and quality of all manner of investment prodcts that...
Read more...
Extreme dollar weakness poses a threat not just to the US, but to the rest of the world, says Mansoor Mohi-uddin at UBS
Read more...
The view from the window of Chinalco's 30th floor explains why this Chinese state-owned enterprise is the world's third largest aluminium producer, an employer of 200,000 and one of China's 10...
Read more...
The City regulator is losing its top female staff member, Sally Dewar, as it faces the threat of reorganisation from the new coalition government
Read more...
The chancellor is set to drop the £480m annual interest on the bank's taxpayer loan in exchange for a promise to provide billions in extra mortgage funding and loans
Read more...
If the US is to stop losing ground against other mature and developing economies, it is going to have to put money to work more effectively, writes Byron Wien at Blackstone Advisory Partners
Read more...
Risk on and risk off trades are still around, even if they are not quite so easy to spot, writes John Authers
Read more...
Over 30 million people are now opting for supermarket own labels in an attempt to save money on weekly shopping, according to a new report by uSwitch.com.
Read more...
China's increased gold holdings does not necessarily mean further purchases and higher prices in the future, says Julian Jessop at Capital Economics
Read more...
Ariella Budick visits a trio of exhibitions of 18th-century French painting from which the mysterious and provocative Antoine Watteau emerges as the undisputed hero
Read more...
India outlined measures to speed infrastructure development and unveiled increased spending for farmers and the poor in its first budget since Prime Minister Manmohan Singh's government was...
Read more...
The Conservatives' "plan for sound banking" (as they call their 52-page policy document on reforming the banking system to be published tomorrow) differs from government policy in a number of...
Read more...
Readers of this column will be well aware that the measures taken by the British government to prop up the banking system and limit the depth of our recession were an emergency life-saving procedure...
Read more...
Louise Richardson, a specialist on the subject, was pushed into the public arena with her controversial approach to terrorists, whom she says are people 'like you and me'
Read more...
This hub for the car industry may be the archetypal down-and-out rust-belt city, but to call it 'dying' masks a more complex reality. It is the proverbial canary in the coal mine
Read more...
Securities regulators have taken a step towards harmonising global short selling rules in the wake of the sudden changes and restrictions that many countries introduced last year following the...
Read more...
Restaurants with rooms are enjoyable yet inexpensive weekend destinations
Read more...
Those fearing an uncontrollable inflationary surge in the wake of the Bank of England printing hundreds of billions of pounds in order to drag the UK out of recession will be shaken by evidence that...
Read more...
Investors are taking a lower level of income from their pension investments in the stock market as a result of the economic climate, according to new research
Read more...
The news that the French and German economies grew in the second quarter is a red herring, says Steve Barrow at Standard Bank
Read more...
The move by the Nottinghamshire lender is a sign of increasing efforts to allow first-time homeowners to enter the market even if they lack enough money for a deposit
Read more...
Terry Leahy would be identified by most of his peers as the outstanding British public-company boss of his generation. In his 14 years as chief executive of Tesco, and in his previous post as...
Read more...
Mortgage providers may face further losses as a result of action by criminal gangs who targeted the home loans market at the height of the boom
Read more...
Nigel Andrews talks to screenwriter-turned-director Guillermo Arriaga about his latest movie, the concept of nationhood and his country's New Wave in cinema
Read more...
The bonuses paid to senior executives at hedge funds and fund managers are to be subject to strict conditions, under new EU-wide rules that have been agreed by EU members states and legislators. This...
Read more...
Dramatic increase in exaggerated or invented injuries
Read more...
Tony Hayward will be able to draw a pension of around £600,000 a year from the moment he leaves the company on October 1, I have learned. This is his contractual entitlement under the company's...
Read more...
In the last two months, individual investors have sold a net £637m-worth of equities, more than treble the amount they pulled out of the market in the previous period
Read more...
Inflation fell to 3.1 per cent in July but remained more than one percentage point above the Bank of England’s target, forcing Mervyn King to write to George Osborne for the second time to explain...
Read more...
It was only a matter of time before the dollar's desirability as global reserve currency would be questioned, writes David Woo at Barclays Capital
Read more...
One in every 50 people suffers from obsessive compulsive disorder – and new research suggests that many more exhibit at least some of its symptoms
Read more...
Debt crises are nature's way of telling us to slow down, and policymakers should ignore the signs at their own peril, writes Jamil Baz GLG Partners
Read more...
UK house prices rose in May, the second increase in the last three months, consistent with signs that consumer sentiment and mortgage demand have picked up slightly in recent weeks
Read more...
The gulf of mistrust and misunderstanding between the US legislature and Goldman Sachs is something to behold. The events of the past few days have been a propaganda battle between two enemies that...
Read more...
Variable annuities took another hit this week as one of the main providers was forced to withdraw its flagship product because it could no longer afford to offer such a high rate of return
Read more...
Can new farming methods, fairer trade and birth control provide for a future global population of 9 billion? Five new publications tackle the fragile food supply, each with theories about the...
Read more...
As the Classical Brit Awards at the Royal Albert Hall approach, Laura Battle looks at the origins, legitimacy and future of the most provocative mainstream instrumental genre
Read more...
Wealthy homeowners could find it easier to hedge their loans against future interest rate rises
Read more...
House prices in England and Wales recorded a month on month fall in May for the first time in over a year, suggesting the rise that looked so strong late in 2009 may be running out of steam
Read more...
This expected deal is a shadow of those from just a few years ago, but it is a sign the private equity industry is continuing its slow rebound
Read more...
In the short term, while inflation expectations remain at low manageable levels, the pressure on central banks to raise interest rates is not too intense – which is what the markets want to hear
Read more...
With more tax rises expected after the election, taking advantage of “use or lose” allowances and reliefs is increasingly important
Read more...
A jury convicted Malcolm Calvert on five counts of insider dealing relating to three stocks, but he was acquitted on seven other counts
Read more...
The Tories and the government are less far apart on the imposition of a new tax on banks than may appear at first glance - and perhaps the significance of this weekend's shift in both of their...
Read more...
Eric Posner, of the University of Chicago, and Mitu Gulati, of Duke Law School on how mispleaced political will can distort markets and create crises, as he compares the Greek debt shock with...
Read more...
Capital gains tax for higher-rate taxpayers will rise to 28 per cent from 18 per cent at midnight on Tuesday, in a move aimed at raising an extra £1bn a year
Read more...
Coventry Building Society, the UK’s second largest mutual with assets of £18.4bn, and Stroud & Swindon become the latest building societies to seek a merger
Read more...
As it contemplates what lies ahead, glasses should be raised in a toast to the writers and editors who have given 'the house magazine of the intellectual elite' its distinctive appeal
Read more...
Investors recoiled from more daring assets after a sharp drop in US employment set back hopes for a quick revival of the world's largest economy
Read more...