Autonomy Founder Rounds On HP Accusers

Mike Lynch Statement In Full Updated: 10:42am UK, Friday 28 December 2012 Here is the full statement released by Mike Lynch, Autonomy's founder, in response to HP's regulatory filing in the US on Thursday: ""It is extremely disappointing that HP has...

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Tata Group Says 'Ta Ta' To Boss

The brains behind one of the world's most successful companies has handed over the reins of his vast business empire. The head of India's Tata Group, Ratan Tata, used his 75th birthday to fulfil his retirement as chairman after steering the group for...

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UK Economy: Workers Face A 'Hard Year Of Slog'

A number of reports are warning of a tough 2013 in the jobs market, with one study predicting it will be a "hard year of slog" for even those in work. Dr John Philpott, director of The Jobs Economist, believes workers can expect longer hours, a continued...

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Hector Sants: Ex-FSA Chief Awarded Knighthood

The man tasked with regulating the City in the run-up to the near-collapse of the UK banking system has been knighted in the Queen's New Year Honours. Former Financial Services Authority (FSA) chief executive Hector Sants has been recognised for services...

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Can China's Baijiu Take On Sake And Tequila?

By Mark Stone, China Correspondent A British drinks company is taking a gamble by attempting to export baijiu, China's national drink, to the world. Diageo recently bought Shui Jing Fang, a high-end brand of baijiu based in the Chinese city of...

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Pig Farming Crisis To Push Up Pork Prices

By Emma Birchley, Sky News Correspondent Supplies of British pork on shop shelves are under threat as pig farmers struggle to stay in business. Cripplingly high feed costs caused by global wheat and soya shortages have forced many farms to close...

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First-Time Home Buyers 'Up 12% In Past Year'

The past 12 months saw 12% more first-time buyers take the plunge into the property market than in 2011, according to a report by the Halifax. About 216,000 people got their feet onto the property ladder in 2012, the highest number since the credit...

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French Court Rejects 75% Tax Rate For Rich

French president Francois Hollande has suffered a fresh setback as the country's highest court threw out his plan to tax the ultra-wealthy at a 75% rate, saying it was unfair. It had been one of the flagship campaign promises of Mr Hollande's election...

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Norovirus Cruise: 'Outbreaks' On Two Ships

More than 400 passengers and crew have been sick with vomiting and diarrhoea as suspected norovirus hits two cruise ships sailing in the Caribbean. Both luxury liners, the Queen Mary 2 and the Emerald Princess, reported the outbreak to the Centres for...

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No Deal As US Nears Fiscal Cliff Deadline

Investors are reacting nervously as the clock ticks down to the New Year deadline for a deal to prevent the US falling over the so-called 'fiscal cliff'. A series of costly tax rises and spending cuts worth more than $500bn will come into force as 2013...

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