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Telegraph Finance
Telegraph Finance
telegraph.co.uk for the latest news from the UK and around the world.

  • UK shares' plunge is worst since 1974
    British stocks have suffered their worst drop since the year of the threeday week as the deepest economic crisis in memory shook the economy's foundations.
  • Blue Oar directors in MBO offer
    Evolve Capital has invited Blue Oar's disgruntled directors to pitch for a management buyout of Blue Oar's stockbroking division following Evolve's successful hostile takeover of the group.
  • Top executives depart in Dell restructure
    Dell the world's secondlargest computer maker has announced the departure of two senior executives as part of a major global restructure.
  • UBS dumps China stake to bolster balance sheet
    Troubled Swiss banking giant UBS has sold its 1.6pc stake in Bank of China for a profit of around 350m £240m as it repairs its balance sheet.
  • Save £2500 with our new year cash diet
    Make it your new year's resolution to pile on the pounds - our stepbystep guide will show you how to save £2500.
  • Pensions accounting under fire
    Wildly differing yearend valuations of pension schemes have thrown inconsistencies in accounting standards into sharp relief.
  • Suspensions cap a bad year for the Aim market
    A disastrous year for the Aim market was highlighted on Wednesday as three more companies announced the suspension of trading in their shares.
  • Vodafone jumps on pound's weaknesss
  • Imperial offer goes unconditional
    Imperial Energy shareholders owning 96.8pc of its equity have accepted the offer from India's Oil ? Natural Gas Corp ONGC passing the 90pc threshold for the deal to go unconditional.
  • Russian gas supply to EU could be cut in row with Ukraine
    Europe imports about a quarter of its gas from Russia and 80 per cent of that arrives through pipelines that cross Ukraine.
  • The euro's bittersweet triumph at 10
    If the purpose of the euro is to confront US dollar hegemony it is a signal triumph. But as the currency turns 10 politicians should be careful what they wish for writes Ambrose EvansPritchard .
  • FTSE 100 suffers worst ever year
    The banking crisis and the global downturn leave Britain's leading index battered after a volatile 12 months trading.
  • Credit Suisse takes £390m hit on sale to Aberdeen
    Credit Suisse has taken a Sfr600m £390m hit after agreeing to sell part of its fund management business to Scottish group Aberdeen Asset Management for £250m in an allshare deal.
  • One in three plans to work parttime after retirement to supplement pension
    One in three thinks they will need to work after retirement to supplement their pension new research shows.
  • FTSE 100: Highlights from a turbulent 2008
  • FTSE 100: The best and worst performers
    Britain's index of leading shares has recorded its worst annual performance on record as the financial crisis deepened into a recession over the course of 2008. These are the companies listed on the index prior to the endofyear reshuffle which performed best and worst.
  • Crisis slashes £60000 from every family's wealth
    Plunges in property and shares have seen more than 18pc of the value of families' assets disappear research suggests.
  • FTSE 100 on course for worst ever year
    The banking crisis and the global downturn leave Britain's leading index battered after a volatile 12 months trading.
  • Aberdeen snaps up assets from Credit Suisse for £250m
    Chief executive Martin Gilbert agrees deal that turns Aberdeen Asset Management into Britain's largest independent fund manager.
  • GMAC's 6bn deal shows why automakers need to head for Chapter 11
    The US automaker bailout is skidding down a slippery slope.
  • New Year's honours list: Former Next chief David Jones is knighted
    David Jones former chief executive of Next "over the moon" after receiving a knighthood in the New Year's honours list.
  • HBOS trustees bare their gums in pension fight with Lloyds TSB
    The trustees are rattling their sabres but there's little else they can do writes Richard Fletcher.
  • UK house prices will not be leaping ahead for many years to come
    2009 will not bring an end to property woes writes Edmund Conway.
  • Aberdeen in £250m deal with Swiss bank
    Scottish group set to become UK's largest independent fund manager with Credit Suisse deal.
  • New Year Honours: Knighthood for civil servant in charge during Northern Rock collapse
    The top civil servant at the Treasury the department which oversaw the collapse of Northern Rock has been awarded a knighthood.
  • Shareholders give assent to ONGC's offer for Imperial
    Talk that over 90pc of shareholders have accepted ONGC Videsh's £12.50 a share offer helped Imperial Energy jump 17pc.
  • Mayfair's Mallett hit by hard times
    Mallett the antiques firm is clearly feeling the pinch along with the cheap and cheerful high street chains. Mandrake can disclose that the company which numbers Valentino Lord Archer and Oprah Winfrey among its clients is to abandon its Mayfair headquarters.
  • Innovation falls 15pc on Canadian lawsuit
    Innovation Group which provides insurance industry software slumped after it said it is facing a £43m lawsuit in Canada.
  • Hands in talks to buy Packer cattle ranches
    Guy Hands founder of Terra Firma is in talks" to buy cattle ranches from Australia's