Edwards Boss Taylor Primed For Surprise Exit

By Mark Kleinman, City Editor One of Britain's biggest manufacturers is poised to announce a leadership shake-up less than a year after it floated on the American stock exchange Nasdaq. I understand from Wall Street sources that Matthew Taylor,...

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West Coast Rail: £50m Bill Left For Taxpayers

Failures by civil servants over the West Coast rail contract will cost taxpayers at least £50m, MPs have said. There was a lack of leadership at the Department for Transport (DfT) and a failure to "get basic processes right" over the West Coast fiasco,...

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Lord Woolf Aids Barclays Ethics Probe

By Mark Kleinman, City Editor The former Lord Chief Justice who led a probe into ethical standards at BAE Systems, the defence contractor, has been enlisted to assist with a review of the culture and business practices of Barclays as it seeks to...

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Burger Sales Plunge 43% Amid Horsemeat Scare

Frozen beef burger and ready meal sales have plunged dramatically, according to the first retail sales data since the horsemeat scandal erupted. Kantar Worldpanel said that in the four weeks ending February 17, frozen burger sales plunged by 43% while...

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Recorded Music's 12-Year Decline Finally Ends

The recorded music business has seen its first jump in revenues since 1999, raising hopes the sector is on the road to recovery. Total revenues for the industry rose 0.3% to $16.5bn (£10.9bn) in 2012, with digital making up more than 35% of the figure....

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Italy Election: Focus Should Be On Spain Instead

It is fitting that it is an election which has threatened to send Italy (and perhaps even the broader euro project) back into financial chaos. Not bad economic news; not a credit rating agency downgrade: politics, pure and simple. After all, Italy's...

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Bank Of England Mulls Negative Interest Rate

By Ed Conway, Economics Editor The Bank of England has raised the prospect of introducing negative interest rates to get borrowing going in Britain again. Paul Tucker, the BoE's deputy governor for financial stability, said it was one of the ideas...

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Google Battles European Judges Over Privacy

By Niall Paterson, Media and Technology Correspondent European judges are considering a case which could have significant implications for how personal information on the internet is managed. Their decision potentially has huge repercussions for...

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Horsemeat: Whitbread Shares Slide On New Tests

The Whitbread pub chain, which found horsemeat in its food products, sees its share price fall after announcing a new test regime. At the close of trading on the FTSE 100, Whitbread's share price was one of the biggest fallers, losing 3.67%. The slide...

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Markets Dive Amid Italian Election Stalemate

World markets have been rocked after elections in Italy seen as crucial for the eurozone ended in deadlock. No group emerged as a clear winner after the vote, which saw a populist anti-austerity party make a stunning debut. The Italian stock market...

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