UK Business News

Tax on bankers’ bonus ‘would infringe human rights’

Treasury lawyers decided to exclude guaranteed payments in the hope of lessening the human rights challenge

JJB Sports turns to DSG for its new chief

Keith Jones, group retail director of the owner of PC World and Currys, will join the sportswear chain in March 1

• JJB investor cuts stake ahead of fundraising

• JJB presses ahead with £100m rights issue

Clipper Wind Power saved by US funding deal

United Technologies is to provide cash injection in exchange for a 49.5 per cent equity stake in wind turbine maker

• Clipper Wind Power saved by US funding deal

• Salmond needs to keep an eye on the lights

Mama — HMV is making eyes at it

Shares of Mama Group, which runs the Hammersmith Apollo, rose 12 per cent as HMV became a possible “white knight” bidder

World Business News

Goldman grandees forgo cash for paper bonuses

Lloyd Blankfein and 29 executives will receive their chunk of estimated $22 billion bonus pool in shares

EU nations get behind super-tax on bonuses

The pan-European blast undermined threats by banks that they would abandon the City for more attractive tax regimes

• Government move attracts £500m investment by GSK

• Tax on bankers’ bonus ‘would infringe human rights’

British groups vie for Iraq oil and gas contracts

Three British companies — BP, Cairn Energy and BG Group — are among the bidders at auction that will last for two days

• Iraq unveils foreign oil contract shortlist

• Oil giants flock to Iraqi auction

Apple acquires a digital streaming service

The launch of a new way of selling music on iTunes online store expected through integration of Lala's technology

Analysis

Rough Budget causes morning-after gilt trip

The markets decided that, whatever the political considerations, the Chancellor jolly well should have done something

Not time for Tobin

A global tax on financial transactions is no remedy for financial crises. It would be impossible to administer and would threaten the City’s competitiveness

Tempus: Self-help steps boost Premier Farnell

Measures instituted by the chief executive just over two years ago have helped the electronic components distributor

Law  

Parents to sue Maclaren over finger amputations

At least 15 British families are to sue pushchair manufacturer claiming its buggies severed children’s fingertips

Case of 'abandoned' boy angers judge

Family judge left with a 'sense of disbelief' after two local authorities distanced themselves from sick boy to save money

• Straw has second thoughts over media coverage

• 'I do not remove a child unless it is the right thing to do'

‘Unmarried couples need new legal rights'

Senior judge now in charge of law reform says change is needed to protect people’s rights when they separate

Money  

Q&A: what the PBR means for you

Who is being forced to pay? What will the PBR mean for housing market? Is there good news for my family?

• Analysis: PBR was a holding operation

• PBR - bank supertax and public sector pay cap

Fresh delay for Personal Accounts

Chancellor extends roll-out period for Government's pensions flagship

• Pre-Budget Report checklist: what to expect

• Pensions timetable: Government under fire

We lost our dream home

Borrowers are continuing to miss out on mortgage deals because of flawed data from credit reference agencies

business travel  

Profile: Leisure boss John Morphet

The man who runs the estate where Freddie Flintoff and Wayne Rooney have homes shares his views on business travel

International rail compensation brought into line with air travel

New rules mean cross-border train passengers will get more in the event of delay or cancellation

Rail nightmare for Gatwick and Luton

Industrial action and service restrictions from the £5.5bn Thameslink programme are causing headaches