UK Business News

Investors in Dragon vote down $1.9bn ENOC bid

Investors reject 455p-a-share takeover bid from group's biggest shareholder, a victory for Baillie Gifford

Gilt slide continues as debt fears linger

Market for government stock hit again amid mounting worries over the UK's credit rating in wake of Pre-Budget Report

• Gilts fall over fears for public debt outlook

• Gilts sales by foreigners fuels deficit fears

Construction magnate joins Anglo's board

Ray O’Rourke has been appointed a non-executive director in a continuing shake-up at the world’s third-biggest mining group

• Anglo American hires Sir Philip Hampton to board

• Anglo American chief’s big chance

Union members vote to strike at Fujitsu

Staff at the Japanese-owned technology company will walk out on six days before January 15 over cost-cutting meausures

World Business News

Twitter finally in the money with Google link

Google’s millions of users can see a scroll of updates, many from Twitter, in their results pages when they make a search

Jindal Power plans £1.3bn float

Company controlled by India’s richest woman seeks shareholder approval for largest IPO in India for two years

• Heineken and United Breweries ready for India

• India's economy beats growth forecasts

Airbus A400M finally takes off

After two years of delays, the military transport plane today embarked on a test flight from Seville, Spain

• Airbus slows down A400M transport production

• EADS to audit A400M plan but denies delay

US moves forward on financial reform

House of Representatives has approved law which could lead to the biggest reform of Wall Street in almost 80 years

Analysis

How many gilts can we take?

The head of the Debt Management Office seems relaxed about selling £400bn worth of the bonds. It is hard to see why

• Will Goldman wake up from its PR nightmare?

• A game not even the supermarkets like playing

Security casts doubt over Iraq investment

Real question is whether the country is stable enough to support the billions of dollars of necessary foreign investment

Tempus: Fit to banish ghost of Christmas past

Christmas Day falls on a Friday, the post-Christmas sales begin on a Saturday, and will enjoy a clear three-day run

Law  

Two-year jail sentence for insider trader

Matthew Uberboi given one-year sentence for passing secret information on shares to father, Neel, who gets two years

HSBC whistleblower sparks Paris-Berne tussle

Swiss authorities launch inquiry after allegations that a former bank employee gave stolen data to French tax authorities

• French quake as Swiss yield on bank secrecy

• Sarkozy tax havens attack blunted by allegations

Dubai’s golden sands lose their lustre

Investors trapped by the financial storm in the Middle East are in unknown legal territory as they try to protect their billions

Money  

Rise in mortgages hides ‘two-speed market’

Low interest rates are encouraging those with large deposits to invest, but are also holding back the remortgage market

• October mortgage lending rises 5 per cent

• Mortgage and housebuilding figures offer hope

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

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