Key to prison education handed to governors | Education

As his two dogs wander in and out of the kitchen, David Breakspear expounds on the problems of British prisons: overcrowding, staff shortages, mental health issues. Breakspear has spent 15 years in jail. His final stint, he says, for holding up a newsagent at knife point, was deliberate – he hoped a few years behind […]

Continue Reading

Curb bosses’ pay or risk breakdown of trust in capitalism, MPs warn | Business

Big companies should split their profits with staff and give employees a say in how chief executives are paid, or risk a complete breakdown of trust in the capitalist system, MPs have said. A report by the business select committee said a series of “shaming” decisions – including a £75m bonus handed to the boss […]

Continue Reading

‘Inconceivable’ Autonomy founder unaware of fraud, court told | UK news

Mike Lynch, the founder of the software group Autonomy, was a “controlling and demanding individual” and it was inconceivable that he was unaware of the fraudulent practices alleged to have been taking place at his company, the high court has heard. The claims are included in the opening submissions of a $5bn (£3.8bn) civil claim […]

Continue Reading

Recession fears hit global markets, but German morale improves – business live

Rolling coverage of the latest economic and financial news, as markets are hit by anxiety over the global economy Latest: German business morale has picked up… ..but German factories still struggle Introduction: Asian markets slide amid recession worries Full story: Markets rocked by recession worries European markets fall Why ‘Inverted’ yield curve raises recession fears […]

Continue Reading

Frank Field demands action on ‘rampant injustice’ in the gig economy | Business

The government should take action to end the “rampant injustice” facing some workers in the gig economy, according to a report by the independent MP Frank Field. Field, who is chair of the work and pensions select committee, is calling for a fast-track system for employment tribunals involving worker status cases, as well as the […]

Continue Reading

Household bills: loyalty doesn’t pay … and it’s the elderly who pay the price | Money

When it comes to navigating the vast array of suppliers, offers and tariffs for insurance, broadband, television and other services, there is one strategy consumers are told to use to ensure they get the best deal – keep switching. Although frequently seen as being a cumbersome and time-consuming process, moving from one provider to another […]

Continue Reading

How will British museums survive if they subject every donor to an ethical audit? | Mark Lawson | Opinion

Consumers of culture will have been aware of the name “Sackler” above the frame of rooms and galleries in artistic institutions around the world. I remember once briefly wondering, when ducking under such an arch, how they had made the money that permitted such extensive philanthropy. Now everyone knows. The photographer Nan Goldin has advertised […]

Continue Reading