Guardian News

Lib Dem leader condemns bankers as ‘Scargills in pinstripes’ and says electorate, not him, will decide who is next PM
Nick Clegg is to call for a 10% tax on bank profits to fund a £2bn job creation programme to rescue victims of the recession.
In a Guardian interview, the Liberal Democrat leader condemned bankers for behaving [...]

Cancellations and missing bags dominate mailboxLib Dems say standards are falling with prices
The aviation watchdog has revealed that easyJet and Ryanair were the subject of the most complaints from British airline passengers last year.
Cancellations, missing bags and denied boarding were among the gripes that saw Europe’s largest budget airlines dominate the mailbox at the Air [...]

Report for United States Bankruptcy Court says City law firm approved off balance sheet transactions that disguised true state of Lehman Brothers’ finances
Linklaters, one of London’s premier law firms, is battling to defend its reputation after a US report into the failure of Lehman Brothers showed it approved controversial deals that shifted billions of dollars [...]

New plant in Scotland will have to prove that carbon capture technology works

The first application to build a coal plant in Britain since energy secretary Ed Miliband introduced tough new environmental rules will be submitted next week, the Guardian has learnt.
UK-based conglomerate Peel Group is pressing ahead with the £3bn project to build a 1.6GW [...]

FSA boss Hector Sants said the regulator would conduct mystery shopping exercises and visits to financial firms to try to prevent future mis-selling scandals

The culture and attitudes of society and financial firms need to be overhauled to avoid a repeat of the banking crisis, the chief executive of the Financial Services Authority said today as [...]

There are lies, damned lies and investment bank balance sheets. It’s always been a puzzle how Lehman Brothers was able to spout reassuring figures on declining indebtedness and healthy underlying trends until the day it collapsed, sending the global financial system into a near-apocalyptic meltdown.Now, thanks to bankruptcy examiner Anton Valukas’s exhaustive 2,200-page “autopsy” of [...]

BSkyB was in demand as speculation ran round the market that Rupert Murdoch’s News Corporation wanted to take the satellite broadcaster private.
News Corporation owns just over 39% of BSkyB and analysts said it would cost around £9bn – including debt – to buy the rest of the business at the rumoured price of 735p a [...]

The prog-rock band’s court win against their record label is a vindication of the album as a creative format
They don’t often look cheery in photos – and at least two of them can barely stand to be in the same room – but Pink Floyd have a lot to celebrate. The prog-rock legends won a [...]

UK retailers may be constantly bemoaning the bad weather and blaming the cold for their falling sales, but it seems a little thing like a blizzard won’t stop the American consumer from hitting the stores.
At least that’s the impression given by February retail sales in the US, which rose much more strongly than expected, up [...]

More than half a million travellers to be hit by successive weekend walkouts, with the first beginning on 27 March
More than half a million British Airways passengers face strike disruption this month after the Unite trade union announced walkouts over two consecutive weekends, prompting BA to withdraw a last-ditch peace offer.
Unite has called a series [...]