Anger Berkeley Homes’ climbdown on exec pay fails to quell shareholder angerThe Telegraph - By Jack TorranceBerkeley Group’s attempt to placate anger about its sky-high bonuses has run into trouble as an influential City adviser has called for its new pay policy to be voted down. Glass Lewis has told its members
Sainsbury's Sainsbury’s kicks off search for boss Mike Coupe’s replacementThe Telegraph - By Laura OnitaSainsbury’s is kicking-off the search for a new chief executive to replace Mike Coupe as it looks to move on from its failed attempt to merge with Asda. The grocer has set the wheels in motion internally
Doncaster Doncasters to be broken up and sold after struggling to deal with heavy debt loadThe Telegraph - By Christopher Williams and Ben MarlowThe specialist metals engineer Doncasters is in line to be broken up and sold for parts by its hedge fund lenders, as one of Britain’s oldest manufacturers crumples under the weight of its debts. The can
Fraud Media Corp brothers face private prosecution over allegations of fraudThe Telegraph - By Christopher WilliamsThe brothers behind a failed Aim-listed gambling venture face a private prosecution this week by an investor who alleges they siphoned off assets worth millions and sold them to the Gibraltar-based giant
World Economy The global economy faces a crisis unless politics simmers downThe Telegraph - By Kallum PickeringThe world economy looks shaky. Amid mounting recession fears, nervous businesses increasingly hold back on investments and production. Risk appetites in financial markets sink to new lows each week. What
British Steel Steel production hits lowest level since before Second World WarThe Telegraph - By Alan ToveyTurkish investor Ataer Holdings’ swoop on British Steel could reverse a four-year decline in UK steel production, it is hoped. The investment arm of the Turkish military pension scheme was named last as
LSE The LSE must up its game if it is to be a strong symbol of the UK on the world stageThe Telegraph - By James AshtonControl of the London Stock Exchange has fascinated onlookers since the business was demutualised close to 20 years ago. Defenders of its independence in the face of bid interest from each of the United
Mauricio Macri Sovereign debt default increasingly likely in Argentina – as prospect of a Leftist leader spooks marketsThe Telegraph - By Tom ReesMauricio Macri will probably lose his presidency in the aisles of Argentinian supermarkets. The country’s beleaguered shoppers, who have already endured a 60pc surge in food prices in just 12 months, face
Brexit Market report: Eurozone gloom and Brexit deal hope give pound a resurgenceThe Telegraph - By Louis AshworthThe pound had its best week versus the euro since early January, as hopes that a no-deal Brexit might be prevented and downbeat news from the eurozone combined to lift the currency. Sterling mounted a
Prudential Blocked Prudential deal has 'implications' for pensions industryThe Telegraph - By Harriet RussellPrudential’s £12bn annuity sale to Rothesay Life has been blocked at the 11th hour by the High Court in a ruling that could have significant implications for the pensions industry. Judges ruled that Prudential
British Steel Ataer’s swoop on British Steel is a coup for the UKThe Telegraph - By Michael DaventryBritish Steel workers who have been frantically watching their company barrel its way to liquidation have good reason to be relieved this weekend: the company set to take it over is as safe as houses.
LSE Agenda: Five things to start your dayThe Telegraph - By Louis AshworthThe FTSE 100 bounced back from a six-month low on Friday, after a glitch delayed the start of trading across the UK’s top stock indices. The London Stock Exchange delayed markets opening by almost two
Barclays Bank City watchdog lifts ban on Barclays banker accused of hiding critical reportThe Telegraph - By Lucy BurtonThe City watchdog has lifted a ban on a former Barclays banker who was accused of hiding a critical report on his team’s "high-risk" culture. Andrew Tinney, who was the chief operating officer of Barclays
London Stock Exchange Traders left twiddling thumbs after London Stock Exchange's worst outage in eight yearsThe Telegraph - By Louis Ashworth and James CookLondon traders were stuck twiddling their thumbs on Friday morning after a glitch left them unable to buy and sell shares in the UK’s largest companies. Trading on the blue-chip FTSE 100 and mid-cap FTSE
Ryanair Ryanair seeks injunction to block Irish pilots strike on bank holidayThe Telegraph - By Michael O'DwyerRyanair has been granted permission by the Irish High Court to seek an injunction to prevent a planned two-day strike next week by its pilots based in the country. The budget airline is attempting to 180
Scottish Government Struggling Glasgow shipyard to be nationalised by Scottish governmentThe Telegraph - By Alan Tovey and Michael O'DwyerThe Scottish government has struck a deal to nationalise struggling Glasgow shipyard Ferguson Marine to save it from collapse. Ferguson has been teetering on the brink after costs spiralled out of control
Recession US economy faces one-in-three chance of a slump as ‘spectre of global recession’ risesThe Telegraph - By Tim WallaceThe US economy faces a one-in-three chance of sliding into recession in the next 12 months, credit ratings agency Standard and Poor’s has warned, as a series of economic signals flash red. The “spectre
CIA Muddy Waters hires ex-CIA spooks to challenge BurfordThe Telegraph - By Harriet RussellAn agency staffed by ex-CIA spooks is helping short seller Muddy Waters probe alleged “significant deception” by bosses at Burford Capital, the litigation funder it has accused of misleading investors.
British Steel Turkish buyer of British Steel plans to boost output as 4,500 jobs savedThe Telegraph - By Alan ToveyThe future of 4,500 British Steel workers looks secure with Turkish buyer Ataer Holdings revealing plans to boost output at the stricken business. The Official Receiver, which took control of British in
Energy Companies Government discriminates against onshore wind farms, energy company alleges in legal spatThe Telegraph - By Michael O'DwyerAn onshore wind company is taking legal action against the Government in a row over how it auctions off contracts to support low-carbon energy production. Banks Renewables, which develops onshore wind
Cathay Pacific Cathay Pacific boss Rupert Hogg falls on sword amid pressure over Hong Kong protestsThe Telegraph - By Jack TorranceThe British-born boss of Cathay Pacific has resigned amid pressure from the Chinese authorities as the city continues to be rocked by pro-democracy protests. Rupert Hogg will stand down on Monday, days
Amazon The best of The Telegraph in audio: The Amazon advantage and inside the Boots crisisThe Telegraph - By Telegraph ReportersEvery Friday the Telegraph will bring you a selection of our best articles, comment pieces and features in audio form to be listened to at your convenience. High street chemist Boots last month announced
Electrical Grid Blackout blame should be shared, National Grid tells Ofgem in reportThe Telegraph - By Michael O'DwyerNational Grid will claim that the blame for last week’s widespread blackout should be shared in a report it will send to the energy regulator Ofgem on Friday. It is not clear whether Ofgem will publish
London Public Transport Time for the Tories to become the party of big infrastructure spendingThe Telegraph - By Jeremy WarnerSo far, Boris Johnson’s efforts to bolster his position as Prime Minister have focused on just three campaigning issues – Brexit, crime and the National Health Service. These are the things voters seem
Populism Populism on the Left and Right is poisoning economic discourseThe Telegraph - By Ryan BourneIn a 1964 US Supreme Court case, Justice Potter Stewart famously realised the difficulty of defining hard-core pornography. Conscious of setting an arbitrary threshold for “obscenity”, he admitted defeat,
Pensions ‘Cradle to grave’ insecurity and debt as workers fear for jobs and pensionsThe Telegraph - By Tim WallaceWorkers are in the grip of a "cradle to grave" crisis in living standards as swathes of the population fear for their jobs, earn too little to save month to month and are struggling to put away money a
Walmart Walmart dismisses US-China trade war concerns by raising outlookThe Telegraph - By LaToya HardingWalmart has shrugged off concerns surrounding the US-China trade war by posting strong second-quarter results and raising its earnings expectations for the year. The US retail giant, which owns supermarket
Royal Bank of Scotland Market report: Brokers’ gloom and ex-dividend switch accounts for RBS plungeThe Telegraph - By Louis AshworthStruggling lender Royal Bank of Scotland was the FTSE 100’s biggest faller yesterday, after being caught in a double-whammy by its shares going ex-dividend and a clutch of pessimistic brokers’ notes. lender,
China A Chinese crackdown in Hong Kong risks the end of the city's financial dominanceThe Telegraph - By Garry WhiteHong Kong’s protesters are “sprouts of terrorism”, and their violence must be severely punished, according to Beijing. The Chinese Ambassador to the UK, Liu Xiaoming, underscored this sentiment on Thursday,
