Banks will have to sign legally-binding commitments to introduce long-term pay structures Lord Jones, who stepped down as trade minister last October, is to take on a new role as a "corporate ambassador" for Jaguar Land Rover (JLR), the ailing British car-maker. The supermarket group has begun searching for a new chairman and expects to have a successor to Sir Philip Hampton this year Louise Armitstead highlights some of the lucky few whose timely deals saw them sell up before the credit crisis hit, including David Wilson, Linda Bennett and Julian Metcalfe. Britain's struggling lenders are about to discover that Government aid comes at a price, writes Katherine Griffiths. Jon Moulton and John McFall united last week to call for the wholesale nationalisation of Lloyds Banking Group and Royal Bank of Scotland (RBS), writes Mark Kleinman By George Osborne An army of accountants is combing through the books, trying to establish just how much the toxic assets of the bailed-out banks are actually worth. At stake, says the Government, is the future of Britain's economy. Peter Mandelson, the business secretary, has been in India this week and his schedule included an audience with Ratan Tata, the industrialist hoping to get UK state support for Jaguar Land Rover. Peter Purves, 69, presented Blue Peter and hosted BBC coverage of Crufts Dog Show for 30 years. It is a little-known fact that, far from breaking the Bank of England, Black Wednesday ultimately made it richer, writes Edmund Conway. Business groups have seized on the Government's decision to delay the announcement of October's rise in the national minimum wage as a sign that it may be considering freezing the rate to protect jobs during the recession.Finance
Treasury to vet bank bonuses
Digby at the wheel for Jaguar Land Rover
Sainsbury's goes shopping for new chairman
UK recession: 'The Great Escapees'
Want to be a banker? The Government is the only place to work
Full nationalisation of British banks is not the answer
Pharma giants have bitter pill to swallow
Just how big is Britain's toxic debt?
Jaguar and Land Rover don't merit state loans
Former Blue Peter star Peter Purves talks money
Bank of England goes for broke with asset buying
Minimum wage decision delayed
Sunday, 25 January 2009
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Liam Halligan