Eat Out From £5

Chairman quits as Blue Oar throws in towel

Blue Oar conceded defeat in the fight for control of the City stockbroker, which was led by Edward Vandyk, its founder

Business big shot: Martin Gilbert

The 53-year-old Scotsman capped a comeback with a £250million deal to buy parts of Credit Suisse Asset Management

Land Securities sells Trillium at 25% discount

Property group nets £750m from sale of outsourcing arm originally valued at £1bn but confirms plan not to demerge

Merckle, the penny-pinching billionaire

Breaking point came when Adolf Merckle realised that to save the remnants of his fortune, he would have to sell Ratiopharm

More companies join M&S in making job cuts

Retailers, food manufacturers, housebuilders and pub groups are among the companies most affected by the economic crisis

Stag Brewery is to close after 198 years

Landmark familiar to fans of Oxford and Cambridge Boat Race will shut next year as part of cost savings by owner InBev

Nissan axes 1,200 jobs in Sunderland

Carmaker cuts nearly 25 per cent of staff at the North East plant in one of the worst culls to hit the UK car industry

Carmakers seek banks' cash amid bailout fears

With the Treasury's proposed rescue programme now in doubt, car companies are going directly to the banks for help

Merckle, the penny-pinching billionaire

Breaking point came when Adolf Merckle realised that to save the remnants of his fortune, he would have to sell Ratiopharm

Merckle couldn’t bear pressure of possible sale

Villagers in his home town speak fondly of dead German billionaire Adolf Merckle whose suicide note said: 'I’m sorry'

Lyondell asks to pay non-US creditors first

Bankrupt chemicals company has asked a US court for permission to pay foreign creditors $350 million

Lyondell secures $2.1 billion debt loan

Chemical business has secured funding to keep operations running and also pay down $1 billion of debt

Downturn. Er, what downturn?

12,000 jobs created in $9 billion Las Vegas boom

You can't use a crisp packet as a parachute

The Advertising Standards Authority has decided to ban adverts for Ladbrokes that show a skydiver jumping from an aircraft

Sport Media says it has broken loan covenant

Publisher of the Daily Sport says that it is seeking to remedy the breach through further discussions with finance providers

Daily Sport owner sinks 30% on loan breach

Publisher of Daily Sport and Sunday Sport looks at alternative financing methods as share price plummets

SSE considers swoop on British Energy assets

Energy giant may buy two power stations in the North from EDF after its £12.5bn acquisition of the UK company

Oil prices suffer their biggest fall in 7 years

Benchmark light sweet crude for delivery in February slumped $5.95 to close at $42.63 a barrel on New York Mercantile Exchange

Interest rates ... Dell ... Sainsbury's ... Hays: Tempus at lunchtime

Rate cut will make little difference ... Dell jobs massacre for Ireland ... Sainsbury's keeps up ... Hays covers it

Tempus analysis: Price protection

One of the biggest dividends in its sector has protected the Hays share price, which shrugged off today's news

Bargain hunters send Peacocks sales soaring

The discount fashion chain reports trade up 22 per cent over the Christmas period as Britons seek cheaper goods

Wal-Mart cuts forecast on poor Christmas sales

World's largest retailer misses analysts' targets on trade over the festive season as Americans cut back on shopping

Investors raise questions over PwC Satyam audit

Investors question why the accountancy firm failed to spot the discrepancy when Merrill Lynch found it in 10 days

Satyam fraudster says he is 'ready for jail'

Former chairman and founder, B. Ramalinga Raju, expects to spend 10 years in jail after admitting to a $1bn fraud

Watchdog exposes broadband speed rip-off

Britons are spending money on high-speed packages but receiving less than half the promised access, Ofcom reveals

We are in a very competitive world

Didier Lombard, the head of France Telecom, aims to put the Orange brand at the forefront of the internet age worldwide

China cutbacks are a warning for aerospace

Instruction from Beijing could be devastating for Boeing, Airbus and Rolls-Royce and their hundreds of small suppliers

Limited train service restarts at London Euston

A severely reduced and restricted train service has restarted at London Euston after this morning's rush hour chaos

SSE eyes power plants

Scottish & Southern Energy is considering buying two power stations that EDF, its French rival, has been forced to sell

US joins rush to supply nuclear goods to India

Largest ever US trade mission travels to Delhi and Mumbai as nuclear supply embargo on the country is lifted