- The 2020 Tax Commission report recommends that income tax should be fixed at a flat rate of 30% and National Insurance abolished.
- Finish software outfit Rovio has been feathering its nest thanks to the runaway success of its Angry Birds app.
- With youth unemployment at 36%, life as a shepherd has reportedly never been more popular for Italian youth.
- RBS, the 82% state-owned bank, has posted a £1.05bn underlying profit and will resume paying preference-share divis. But any sale will have to wait, says boss Stephen Hester.
- Sir Martin Sorrell’s WPP, the world’s largest advertising and marketing firm, has posted better than expected Q1 revenues, up 4% to £2.4bn.
- Barclays boss Bob Diamond is to defer half his £2.7m bonus in an effort to stave off a Citigroup-style shareholder revolt. But will it be enough?
- Investors have voted against the Citigroup pay scheme under which boss Vikram Pandit was paid $15m last year.
- The much-anticipated takeover of BMI by mega-airline IAG has been cleared for takeoff by the EC.
- After a rollercoaster week for the nation's politicians and motorists, it looks like the tanker strikes have been called off.
- UK banks urgently need more capital, says new risk watchdog - meanwhile the Emerald Isle is back in the red.
- The Office for Budget Responsibility is set to raise its GDP growth forecast, but only by a whisker...
- Hector Sants, boss of city watchdog the FSA, has unexpectedly resigned and will leave the regulator in June.
- Barclay's CEO Bob Diamond earned £6.3m in pay and bonuses in 2011, but was only the third highest paid exec at the bank...
- The recently resigned CEO of Dyson on switching from cartography, why you don't always need factories in Britain, and working with James Dyson.
- Crivens! Budget fashion biz Peacocks has been bought out of administration by provincial grannies' favourite Edinburgh Woollen Mill.
- Man Utd's revenue's are up £18.5m, while the sorry tale of Glasgow Rangers gets even sorrier...
- Approval of 3.3bn Euros of extra austerity should secure Greece its precious second bailout - if terms can be agreed today.
- The Mirror owner's long-suffering shareholders are biting back over the 'untenable' size of CEO Sly Bailey's pay deal. And they may have a point...
- EU Commissioner Olli Rehn has stuck his neck out, predicting an imminent conclusion to the turbulent Greek debt talks.
- Everyone's favourite gadget maker posted record profits of $13.06bn on sales of $46bn in the three months to December, with gross margins of 44.7%
