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The latest UK and international business, finance, economic and political news, comment and analysis from the Financial Times on - Telegraph online, Daily Telegraph, Sunday Telegraph - Telegraph
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Music Week - Music Week - Music business magazine - Brighton's Rounder Records to close after 46 years
One of the UK's most loved music retailers, Brighton's Rounder Records, is to shut this month after 46 years in business. The store, located in Brighton Square, has blamed "basic economics" for the closure. Rounder opened in 1966 and has in recent years proudly boasted the claim: "Still independent, still number 1."
The Stone Roses set to re-enter the UK Top 10 this weekend
Chris Brown and Maroon 5 are also heading for the top of the charts The Stone Roses are set to re-enter the UK Top 10 this weekend after their triumphant homecoming gigs at Heaton Park.
Grace Mugabe launches Alpha Omega dairy range
Zimbabwe's first lady takes on Nestlé by selling her own range of milk and ice-cream in local supermarkets
Is The UK Border Agency Fit For Purpose?
Another day, another flurry of negative headlines about the UK Border Agency. In the latest embarrassment, officials have lost track of more than 150,000 immigrants who were refused permission to stay in Britain. They are typically students overstaying their visas.
Thomas Jefferson: American enigma
"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness." This week we celebrate the independence declared and won at this nation's founding.
Parties Mull Fallout From Diamond Departure
Bob Diamond Quits Barclays Bank Bob Diamond has quit as chief executive of Barclays bank with immediate effect, in a shock twist to the rate-rigging scandal. Marcus Agius, who announced his intention to resign as chairman only yesterday, is to become full-time chairman and lead the search for Mr Diamond's successor.
Libor scandal: How I manipulated the bank borrowing rate - Telegraph
The discussion was so open the behaviour seemed above board. In no sense was this a clandestine gathering. The main business of the day was to deal with the deepening crisis. And questions were raised about what we, in one of the bank's sales teams, could be doing to earn our wages.
BBC News - Panorama - John Sweeney revisits the Church of Scientology
In 2007, while investigating the Church of Scientology for Panorama, reporter John Sweeney had a dramatic on-camera confrontation with a church spokesman named Tommy Davis. The church was accusing the reporter of bias and it attempted to stop the documentary from being broadcast - a campaign backed by Scientology A-lister John Travolta.
Jimmy Carr attacks 'tax-dodging scum'
Hypocritical Carr, 39 - condemned for squirrelling £3million away from Revenue and Customs by channelling it through the Jersey-based K2 scheme - made the comments at a gig filmed for his DVD Being Funny. The Birmingham routine saw the funnyman invite his audience to shout out where they were from to help him improve his impressions of accents.
Aviva plc - UK: Aviva and Tesco Bank enter into exclusive life protection agreement
Five-year life insurance distribution agreement for Aviva's protection products. Products are available online via Tesco Bank or over the telephone. Consolidates Aviva's position as one of the leading life protection providers in the UK. Further evidence of Aviva's expertise in successful relationships built on its strong life and general insurance capabilities across all distribution channels.
Leveson To Explain Call Over Cameron Remarks
Lord Justice Leveson is to break his silence on a controversial phone call in which he questioned David Cameron's commitment to his inquiry into media standards. The judge contacted Cabinet Secretary Jeremy Heywood after Education Secretary Michael Gove expressed concern over the "chilling" effect the probe, set up in the wake of the phone-hacking scandal, was having on freedom of speech.
Wikipedia's founder calls for Richard O'Dwyer extradition to be stopped
Wikipedia founder Jimmy Wales has made a rare political intervention to call on Theresa May to stop the extradition of British student Richard O'Dwyer to the US for alleged copyright offences.
Bank Battles Backlog With Sunday Opening
A total of 1,200 NatWest branches are opening on a Sunday for the first time ever, as the bank attempts to clear a huge backlog of payments caused by a computer glitch. Stephen Hester, chief executive of NatWest owner RBS, has issued a public apology for the technical hitch and admitted the bank had let down its customers.