Cannes Jewellery Heist: Reward Offered

Lloyd's of London has offered up to one million euro (£864,000) for information leading to the recovery of jewels stolen from a Cannes hotel. An armed man pulled off a brazen daylight heist at the luxury Carlton Hotel on July 28, in one of the world's...

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Heathrow Plane Returns Over Technical Fault

A British Airways plane bound for Hong Kong has returned to Heathrow airport because of technical problems. Sky sources said the aircraft developed a problem with its left wing landing gear, which would not retract.  There were 298 passengers...

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Amazon's Jeff Bezos Buys Washington Post

Bezos Letter To Washington Post Staff Updated: 8:05am UK, Tuesday 06 August 2013 This is the letter written by Jeff Bezos to the staff of The Washington Post: You'll have heard the news, and many of you will greet it with a degree of apprehension....

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Labour: Workers '£6,000 Poorer' By 2015

The average worker will have lost more than £6,000 in real terms under the coalition by 2015, according to Labour. The Opposition claims they will be £6,660 poorer by the time of the next election, with incomes £1,520 lower in real terms compared to...

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'Bad Bank' Pays Back £1.9bn To Taxpayers

The so-called 'bad bank' behind failed lenders Northern Rock and Bradford & Bingley paid another £1.9bn to taxpayers in the first half of the year and saw a sharp fall in soured loans. UK Asset Resolution (UKAR), the state-owned firm responsible...

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Summer Of Sporting Success Boosts Retailers

Retailers have enjoyed their best July growth since 2006 - the last time the country saw a prolonged heatwave. The British Retail Consortium (BRC) said warm, sunny weather helped sales rise 2.2% on a like-for-like basis compared with last year as beer...

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Former Hovis Boss Finds Appetite For Lucozade

By Mark Kleinman, City Editor Michael Clarke, the former chief executive of Britain's biggest branded food producer, is switching to the drinks sector with a role advising one of the world's biggest buyout firms on a £1.5bn bid for Lucozade and...

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Warning Over £100,000 Charity Executive Wages

Six figure salaries for staff at Britain's taxpayer-funded foreign aid charities risk bringing the industry into disrepute, the Charity Commission's chairman William Shawcross has warned. Some 30 people working at the 14 leading UK charities that make...

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Former Tory Leader Howard Moves To Strike Oil

A British firm chaired by former Tory party leader Lord Howard has signed a deal with the government of war-torn Somalia to hunt for oil and gas. Soma Oil & Gas, founded earlier this year, intends to carry out offshore and onshore surveys despite...

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Osborne Urged To Begin Lloyds Share Sale

By Mark Kleinman, City Editor The agency which manages taxpayers' stake in Lloyds Banking Group has told George Osborne that the sale of the Government's shareholding can begin imminently, paving the way for a disposal to take place within days....

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