Governor of Bank of England will take extended holiday after stepping down this monthSir Mervyn King is to become one of the growing number of high-profile business and finance figures to take a so-called “grey gap year” when he steps down as governor …
Gibraltar tries to lure London hedge fund bosses with promise of low taxes
Peninsula launches campaign weeks after David Cameron asks overseas territories to ‘get houses in order’ over taxGibraltar is launching a campaign to persuade hedge funds to ditch their plush Mayfair offices for the low taxes of “the Rock”.Fabian Picar…
Our satisfaction with rubbish trains means free beer money for rail execs | David Mitchell
News that Network Rail executives are to receive bonuses, despite missing several modest targets, reveals the incompetence the British public can be persuaded to think they’re happy withSir David Higgins is a lucky man. He’s the chief executive of Netw…
Women’s Institute votes to launch a campaign to rescue local shops
Call to action over disappearing high streets is carried at annual meeting despite criticism of ‘vague’ wordingThe Women’s Institute yesterday voted to make retail regeneration its next major campaigning issue to end the “crisis” of the continuing decl…
British pop bubble bursts – but Robbie Williams still flies the flag
The world isn’t listening to as much UK music as it did, recent research has found, as new technology allows global audiences to listen to more homegrown artistsWhen John Lennon declared that the Beatles were more popular than Jesus, his boast did not …
Sir Mervyn King marks departure by going for a song on Desert Island Discs
Outgoing Governor of the Bank of England: it’s healthy that students don’t want a City career at a high cost to societyHe steered the Bank of England through the worst financial crisis since the Great Depression, but Sir Mervyn King insists that a nine…
Health groups dismayed by news ‘big tobacco’ funded rightwing thinktanks
The Adam Smith Institute and the Institute of Economic Affairs received money from cigarette firms, it has been revealedTwo of Britain’s leading free-market thinktanks have been criticised for taking money from “big tobacco”. The Adam Smith Institute (…
Thames Water wants to raise average bill £100 by 2020
Inflation-busting increases blamed on need to invest in super-sewer as London growsBritain’s biggest water company plans inflation-busting price rises over the next six years that could leave customers paying around £100 a year more by the end of the …
Golden Dawn gathers strength as Greeks desert traditional parties
EU criticises the establishment’s failure to deal with violence in a country suffering from effects of harsh budget cutsIt wasn’t just that their symbols looked like swastikas. Or that thousands of Greek flags filled the marble square beneath the Acrop…
Renewable energy is clean, cheap and here – what’s stopping us? | Ashley Seager
Energies such as solar and wind have seen dramatic price falls. The revolution in non-grid energy should be embraced by the UKThe report from the Committee on Climate Change arguing that investing in renewable energy would eventually save consumers a l…