UK

New York hotel sale to raise $250m for investors

Shareholders in the world's biggest hotel group are hoping for news this week that could prompt a $250m (£159m) windfall.

Saturday, February 11, 2012 (Independent )

Kwik-Fit sued over sale of insurance arm

Britain's biggest tyre-seller, Kwik-Fit, is being sued over liabilities relating to the £215m sale of its insurance arm in 2010.

Saturday, February 11, 2012 (Independent )

Broker in Punch Taverns insider trading storm to accept fine

The broker at the centre of the Greenlight Capital insider trading scandal will not fight his £350,000 fine despite clients and rivals agreeing that he did little wrong.

Saturday, February 11, 2012 (Independent )

Travelex eyes Thomas Cook's Indian business

Travelex has emerged as a leading contender to buy Thomas Cook's Indian foreign exchange business, which was put up for sale last week.

Saturday, February 11, 2012 (Independent )

The Business Week In Review: Bob Dudley, Ian Burke, Carsten Kengeter and Tom Albanese

In profit...It's not quite like the glory, pre-Gulf of Mexico disaster days, but pension funds were cheered when BP raised its dividend 14 per cent to 8 cents on Tuesday.

Saturday, February 11, 2012 (Independent )

Total denied full-time work hits 4.5 million

More than 4.5 million Britons have fallen victim to a jobs crisis far deeper than unemployment figures suggest, according to a new analysis of government data.

Saturday, February 11, 2012 (Independent )

'Nudge Unit' calls for changes to business banking

High street banks are to create new accounts that automatically deduct income tax as part of government attempts to "nudge" entrepreneurs into taking on staff.

Saturday, February 11, 2012 (Independent )

Cable plans 30 per cent pay cuts for failing private sector bosses

Executives at Britain's biggest PLCs could lose up to 30 per cent of basic pay for not doing their jobs properly under unprecedented government plans to crackdown on City fat cats.

Saturday, February 11, 2012 (Independent )

Phoenix talks with CVC collapse

Takeover talks between the insurance company Phoenix and the private equity house CVC that have been rumbling on since November collapsed yesterday.

Friday, February 10, 2012 (Independent )

Cracks show in China boom

China showed signs of spluttering domestic demand yesterday as imports crumbled to their lowest in more than two years and bank lending came in 75 per cent weaker than expected.

Friday, February 10, 2012 (Independent )

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