Canada has joined Colombia as a leading exporter of synthetic or designer drugs, flooding the global market on an almost unprecedented sca...
Recession causes 2,000 heart attack deaths
Since 2002 the number of people dying from heart attacks in England has dropped by half, the study conducted by Oxford University found. B...
Businessman Asil Nadir would have needed banknotes 300 times the height of Nelson's Column to balance the books of his empire
Businessman Asil Nadir would have needed banknotes 300 times the height of Nelson's Column to balance the books of his empire, the Old B...
Judge orders search of News of the World executives' computers in bid to find out if key hacking evidence was destroyed
A judge overseeing the settling of hacking claims by victims of News of the World has ordered executives' computers be searched. Seni...
News International faces FBI phone hacking probe
Yesterday the company paid the actor £130,000 after accepting that it had published stories gleaned from hacking his phone. One of the art...
Pumpkin Patch closes UK stores
400 employees across 36 stores in the UK face an uncertain future after the New Zealand-based company said it no longer made sense to main...
Peacocks To Axe 249 Staff In Cardiff As Administrators Take Action
The troubled fashion retailer Peacocks is set to axe more than 200 staff, its administrators KPMG have announced. Just 24 hours after the...
Kodak files for bankruptcy protection
Company that pioneered the digital camera eventually brought down by its failure to invest in its own ground-breaking invention To all in...
Spanish Banks' Bad Loans Keep Rising
The bad debt ratio of Spain's banking sector rose for the eighth consecutive month in November to a new 17-year high, while deposits a...
Royal Bank of Scotland can switch off firms' life support
The downfall of the Peacocks fashion chain has turned a spotlight on the fact that taxpayer-owned Royal Bank of Scotland is wielding the p...
Past Times goes into administration
Gift retailer Past Times has fallen into administration and confirmed 507 staff were made redundant before the move. The private equity-ow...
RBS puts 13,000 jobs at risk as it pulls the plug on Peacocks
Royal Bank of Scotland was last night branded ‘deplorable’ for pulling the plug on fashion retailer Peacocks – putting 13,000 high street ...
Tax adviser guilty of fraud scheme
A professional tax adviser from Bedfordshire has been convicted of trying to defraud honest taxpayers of £70 million, HM Revenue & Cus...
Top former art dealer faces 87 charges after fraud probe
One of Australia's former leading art dealers, Ronald Coles, faces up to 10 years in jail after being charged today with 87 offences r...
RBS to cut 3,500 jobs in investment bank shake-up
The Royal Bank of Scotland (RBS) has said it is planning to cut 3,500 jobs, with most of them to happen this year. The cuts are part of a...
Wonga stops targeting students after Twitter protests
Short-term lender Wonga.com has announced that it is taking down information on student finances from its website following accusations it...
Little Chef to cut 600 jobs in 'aggressive' rebuilding strategy
He's been slimmed down, fattened back up again and placed under the care of celebrity pal Heston Blumenthal, but now "Charlie...
Europe Banks Hoarding Cash Resist Draghi Bid to Avoid Crunch
Banks are hoarding the European Central Bank's record 489 billion-euro ($625 billion) injection into the banking system, thwarting att...
Trial begins in giant Spanish corruption scandal
top Spanish former official went on trial Monday at the start of legal proceedings into a raft of corruption scandals in which King Juan C...