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Free banking 'a dangerous myth' says BoE director

Executive director of the Bank of England, Andrew Bailey, says free banking encourages misselling and should be ended.

Beecroft hits back at 'socialist' Vince Cable

In a high profile political spat, Adrian Beecroft has hit back at Vince Cable after the business secretary criticised his proposed employment reforms.

Wonga under fire from OFT

The OFT has threatened Wonga with fines for repeated malpractice surrounding its debt collection antics.

JPMorgan losses double to £4.4bn

Investment bank JPMorgan has now doubled its estimated losses on last month's catastrophic hedge trades.

Are you fitter to lead than Rupert Murdoch

As criticism of Rupert Murdoch's leadership ability mounts, executive coach Martin Palethorpe asks: When was the last time we judged our own leadership skills?

Swanky London nightclub, Public, closed after neighbours' complaints

Quote of the day: 'They are anti-public school people, they are anti-royal and they are just against anything they see as a bunch of toffs partying.' Howard Spooner, a co-owner of West End nightclub, Public, has hit out at neighbours after their lawsuit forced him to shut down the venue. They complained...

JPMorgan's CEO sued over $2bn trading loss

America's largest bank just can't shake the attention from the international business community: their shareholders are suing.

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