Aldermore plans London IPO in October

Challenger bank says half-year pre-tax profit jumped 250%

China war on graft hits outbound deals

Reverse halts nearly a decade of rising spending

Tory anger as pledge on English powers unravels

No10 says Scots devolution not tied to changes south of the border

Siemens buys Dresser-Rand for $7.6bn

All-cash offer for US oilfield group

Blackstone to pull out of Russia

Buyout group chooses not to renew Russian consultants’ contracts

Alibaba boosts IPO to world record $25bn

Company expands deal size by 15% to meet robust investor demand

Europe groups fear US tax crackdown

Multinationals have same structure as inverters

People Of Scotland ©Getty
An illustration of the Nasa satellie Maven on the sunrise side of Planet Mars
©Nasa

Nasa spacecraft reaches orbit around Mars

Maven to study how red planet lost its water

Facebook pushes Oculus closer to reality

The Rift headset is expected to go on sale next year

Mercuria unit to be regulated by FCA

Financial scrutiny for Swiss trader’s UK division

Labour leader moves on English MPs’ role

Miliband calls for commission to look at constitutional change

Comment and Analysis

Saving the climate need not destroy the economy

Curbing global warming could support growth, not kill it

Alibaba: From FOMO to FOGI

Opening day pop was huge, even by Wall Street’s standards

Gleneagles

Golf unites Europe like nothing else does

No other event in sport is quite so cosmopolitan in appeal

Best comments from our readers

"I've observed an apparently disproportionate number of my MBA peers throwing the towel in recently for more 'fulfilling' tracks. The problem seems to be the disappointed expectations of my vintage: the crazy years of 2006/7 immediately following graduation created an assumption that there was easy money to be made, but the financial crisis made the going much tougher."
By JadedW11 on Is the midlife crisis just an excuse?


"The next thing to fix is the council tax anomaly. The amount of council tax payable on a £40m property in Belgravia is comparable to that on a sub-£1m property in other parts of central London. This makes no sense - a change to this would be an easy way to tax the untaxable."
By Baron Silas Greenback on Tax changes hit wealthy foreign homebuyers


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