China to investigate former security chief

Most senior official to face corruption charges in modern China

German borrowing costs reach record low

10-year yield of 1.12 per cent is lowest since early 1800s

‘Dark pool’ probes draw in UBS, Deutsche

Authorities request information on trading operations

Pfizer revenue drop smaller than feared

Shares firm after second-quarter revenues dip only 2%

Israeli shells hit Gaza power plant

Offensive against Hamas enters its fourth week

Ben Broadbent, member of the MPC, photographed in his office at the Bank of England this afternoon.
©Charlie Bibby

UK trade deficit not a threat to growth

BoE deputy says strong policy and overseas balance sheet reduces concern

Android devices ‘threatened by fake apps’

Cyber security researchers find flaw in Google operating system

Poundland Chairman Andrew Higginson photographed in an interview with Andrea Felsted. PHOTOGRAPH BY DANIEL JONES 2012 07815 853503 info@danieljonesphotography.co.uk www.danieljonesphotography.co.uk
©Daniel Jones/FT

Higginson to become Wm Morrison chairman

Ex-Tesco finance director joins supermarket’s board

Weather experts lower El Niño forecasts

Likelihood of destructive Pacific weather phenomenon scaled down

UK mortgage approvals rise in June

Increase follows four months of declines

Receivers put £650m Gherkin up for sale

City of London tower was designed by Lord Foster

Comment and Analysis

Tokyo Olympic Games costs jump

Weak yen drives up price of materials

India struggles with infrastructure dream

Modi must deal with previous projects that were stalled or aborted

Politics kept at bay in cheery Glasgow

Scotland’s staging of the Commonwealth Games has been joyful so far, marred little by discord

Best comments from our readers

"Politicians use tax as a social policy vehicle (e.g. cigarette taxes and tax credits) and an economic competitiveness weapon... Until its main purpose, a means of equitable funding expenditure is re-established as the dominant motivation, complexity will continue."
By cockney dave on Tim Harford: Why tax systems are trickier than Martian algebra


"The West Lothian Question is a complete non-issue. MPs are elected from all parts of the UK to make decisions about all parts of the UK... The fact that some decisions are devolved doesn't mean that those who are not subject to devolution are disadvantaged."
By RDerby on England may pay dearly for staying united with Scotland


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