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The Bristol pound: will it save the (local) economy?

Bristol is to get its own currency. Nice idea - but there isn't a lot of evidence local currencies are much more than a marketing gimmick...

Network Rail bonuses under fire

First Stephen Hester, now Network Rail boss Sir David Higgins. Government has bonuses squarely in its sights.

Beware Greeks seeking bailouts

Another day, another set of negotiations on austerity for Greek PM Lucas Papademos. Almost makes us think it would be kinder to put it out of its misery.

Lyons gets serious

Quote of the day: Pink-haired paparazzo Darryn Lyons might be best known for the surgically-enhanced 'six-pack' gut he proudly displayed in the Big Brother house, but it seems he still reckons he's got one or two nuggets of wisdom to dole out. 'You have *3* choices in life. You can watch things happen,...

Pakistani billionaire swoops to Peacocks' rescue

Feathers fly at the fashion chain as textile billionaire Alshair Fiyaz prepares to submit a second round bid today.

Stomping off for £120m

Stat of the day: Iconic bootmaker Dr Martens has been put up for sale for £120m by its owner, R Griggs Group.

Want to buy shares in Facebook? Caveat emptor

No sign of a bubble yet but Facebook might not be such a great investment, says Jos White, serial entrepreneur and co-founder of venture capital firm Notion Capital.

BT phones home with 48% profit rise

Not bad going, for a company that was on the rocks until recently. It's all in the cost-cutting, apparently.

Recession looms - or does it?

A think-tank reckons that recession looms large for the UK economy. Although PMI figures seem to show otherwise.

Huhne's career speeds to an end

Energy minister Chris Huhne has resigned today. Will the last Lib Dem in the Cabinet please turn out the lights.

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