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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.

Mothercare boss to get 'ruthless' after massive losses

The UK arm of baby products retailer Mothercare has made a £103m loss, but let's not throw all the toys out of the pram just yet...

We want Greece to stay in the euro, says EU

An informal EU summit in Brussels ended last night with EC President Herman Van Rompuy making clear he wanted Greece to stay in the eurozone.

Autonomy founder Lynch to leave HP

Mike Lynch, arguably Britain's most successful tech entrepreneur, has resigned from HP, the company he sold Autonomy to last year.

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