How Repo Man's vanishing accounting trick got a London link Odd that. A 2,200 page report. And not a single mention of that 1984 cult movie Repo Man. You know, the one where Bud (Harry Dean Stanton) repossesses cars using the tricks of the Helping Hand Acceptance Corporation.

Hector Sants calls time on FSA's 'light touch' regulation The Financial Services Authority to conduct a major shake-up of the way the UK market regulator operates.

Hector Sants: 'the results were not acceptable to society' Chief executive admits FSA should have 'stepped in earlier in the past' to prevent mis-selling scandals that cost British consumers billions.

'Repo 105' at the heart of Lehman report The 2,200-page report into the collapse of Lehman Brothers by Anton Valukas, the lawyer who has spent a year on the investigation, will make grim reading for former chief executive Dick Fuld, his ex-finance directors and Ernst & Young (E&Y), the auditors.

Ferry operators say relationship with Dover "severely damaged" The three ferry operators on which the Port of Dover's planned £300m privatisation depends have told the company's board that their relationship is "in a severely damaged and untenable state".

London at centre of Lehman Brothers 'accounting gimmick' Ernst & Young, Linklaters and Lehman Brothers' London operations played key roles in attempts to mask $50bn (£33bn) of assets.

Promethean and SuperGroup listings add £1bn to London Exchange value Promethean and SuperGroup brought hope back to the public market as their stock market flotations added just under £1bn to the value of the London Exchange.

Painless recession is Gordon Brown's trump card As the election approaches, Gordon Brown is in a 'win, win' situation, says Jeremy Warner.

US blasts Russia over death of lawyer Sergei Magnitsky US authorities have risked heightening diplomatic tensions with Russia by condemning Moscow for its role in the death of a prominent lawyer who was fighting alleged state-sponsored corruption.

Bookmaker Tote to be put up for sale for up to £200m Government-owned bookmaker the Tote is set to go up for sale again.

Malcolm Calvert to appeal against 'excessive' 21-month jail term for insider trading The 21-month jail term handed on Thursday to a former Cazenove partner found guilty of insider trading has been described as "excessive" by his lawyers, who said they would launch an appeal against the conviction.

Jupiter fund manager not quite seeing the stars

Blue-chips given boost by BSkyB and the banks

Simon Halabi's £900m office empire up for sale after debt default The £900m London office empire of Simon Halabi has been officially put up for sale after a default on the debt secured against the portfolio.

KKR set for $2.2bn US listing KKR & Co is to float its shares on the New York Stock Exchange in a $2.2bn (£1.44bn) listing, after three years of trying.

Liberty department store in £35m takeover talks London department store Liberty is in talks about a takeover that could value the retail business at more than £35m.

Omega shareholders win key vote to overhaul board Leading investors in Omega Insurance have succeeded in overhauling the company's board after winning a key vote at a special general meeting in Bermuda.

Buy a pothole, 111 other people have A recession-hit German village is financing the repair of its winter-damaged roads by selling potholes.

Vauxhall to get £270m from the UK The Government has agreed to provide £270m of financial support to Vauxhall to help secure the future of 5,000 UK workers.

New Star name to disappear in Henderson shake-up New Star is to be renamed Henderson Global Investors from next month after research suggested the New Star name was "tarnished".