A yield that points to fully valued markets If Capita Registrars' forecast of 5pc dividend growth in 2010 is right, then that would seem at odds with another of its findings - that the prospective dividend yield on UK equities is just 3.4pc.

Meaner politics is in the gas pipeline Some commentators believe Ofgem was off target with its diagnosis of the perils faced by the UK energy market in its Project Discovery document.

Change the tax code not the Takeover Code to encourage long termism Roger Carr, who has just stood down as chairman of Cadbury, will on Tuesday stand up in Oxford at the Said Business School and call for a review of UK takeover regulation.

Santander shouldn't rush into Abbey IPO The mooted flotation of Santander's UK business looks like an imperfect solution to a non-urgent capital problem.

The UK mustn't be STUPID The PIGS (Portugal, Italy, Greece and Spain) are old hat. The new acronym on trading floors for possible dominoes if Greece should fall is STUPID (Spain, Turkey, UK, Portugal, Italy, Dubai).

Dow Jones falls below 10,000 for first time since November 4 Fears that the eurozone's gathering debt crisis will stall the global recovery sent the Dow Jones index of US stocks crashing below 10,000 for the first time since November 4 last night.

Capital One doubles credit card rates Capital One has nearly doubled the interest rates it charges some of its credit card customers, it has emerged.

FTSE traders worried about L&G's bond exposure Life assurers missed out on the blue-chip index's 0.6pc rally amid worries about the sector's exposure to the European sovereign debt crisis.

Toyota recall crisis is threat to 'whole car industry' Toyota's problems have wiped 10pc off the value of the brand and could damage the reputation of Japanese car makers for a generation, says expert.

Ethel Austin falls into administration Ethel Austin, the discount clothing retailer, has fallen into administration for the second time in two years, putting more than 3,700 jobs at risk.

British Airways' credit rating downgraded by S&P BA's credit ratings cut just days after chief executive Willie Walsh warned that the carrier was heading for record losses this year.

Greek crisis intensifies as Joe Stiglitz calls for Europe to 'teach the speculators a lesson' Currency speculators have increased their bets against the euro to the highest level since its creation on the back of the crisis in Greece.

Investment bank fees leap to $66bn Investment banks raked in $66bn (£42bn) in fees last year on the back of a recovery in equity markets and trading volumes.

Halfords mulls bid approach for HobbyCraft Halfords, the bicycle and car accessory retailer, is considering a bid for HobbyCraft to diversify its business and cash in on its healthy trading performance.

Hermitage boss Bill Browder sued by Russian convict A Russian sawmill foreman convicted of a $230m (£150m) tax fraud is suing his victim, Bill Browder, founder of hedge fund Hermitage Capital Management, for allegedly defaming his "honour and dignity" by claiming he acted in collusion with the police.

UK's first 'floating bus' gears up to ferry commuters It was not a sinking feeling exactly. But Stagecoach's hopes that its trials of a new amphibious bus would go off without a hitch were dampened on Monday when the vehicle had to be dry-docked for repairs.

Hyundai boss Chung Mong Koo hit with $60m fine The chairman of Hyundai has been ordered to pay the company $60m (£38.4m) because of losses suffered through deals he oversaw.

Toyota recalls put the brake on management texts "The car in front's a Toyota," is the obvious joke doing the rounds. "Well it would be. The accelerator pedal sticks and the brakes don't work."

General Election 2010: Tories to slash business allowances The Conservatives are planning to slash billions from business allowances and incentives in order to fund promised cuts in corporation tax

General Election 2010: Politicians must talk to small business Political leaders should personally explain how their party's will help Britain's 4.8m small firms build on the fragile economic recovery, business groups say