The London Daily News

News Desk

Fears of contangion in the Euro-zone should not engulf the interests of the United Kingdom, argues leading London MEP Syed Kamall in a strongly worded statement issued in London today.

“We spent 3.1 billion Euros bailing out Ireland using this mechanism,” said Dr Kamall. “George ...

Google's much mooted digital music service, now seems unlikely to launch this year due to piracy fears, according to reports.

It is widely assumed Google's big entry into the music space will be a combined download store and music locker service, meaning that when consumers buy ...

City News Desk

Despite the volatility in the global markets, and fears of a double-dip recession retailers in central London are expecting a "bumper" sales season with the start of the Christmas shopping season now set to start.

This weekend is set to be the ...

It is the news staff in London's Oxford Street dreaded, a major retailer is pulling out.

HMV has announced that it is closing its 35,000 square feet Bond Street store meaning uncertainty for 100s of workers barely a month before Christmas.

The store will shut in the New Year ...

RETRACTION AND APOLOGY

We apologise for the appearance of an erroneous article earlier today, suggesting that the Channel Tunnel had been sold to a Canadian investment consortium. This was completely inaccurate and misleading.

The Channel Tunnel is not for ...

As many in the music industry predicted, Terra Firma yesterday lost its lawsuit against Citigroup, having failed to convince a New York jury that the only reason it bought faltering music company EMI for four billion pounds in 2007 was because one of the US bank's ...

French lawyers and businessmen are crossing the channel with their tails between their legs after a devastating High Court defeat for the future of the Eurostar.

Train makers Alstom had hoped to overturn Eurostar’s planned order for German-built Siemens trains  - but failed in their bid for an injunction ...

Shamed former Lord and Daily Telegraph owner Conrad Black has hinted that he is about to re enter the UK newspaper market.

Speaking on BBC Radio 4 the ex resident of Florida's Coleman Federal Prison said he might take up the helm at a US journal.

The former ...

Whilst the rest of Britain crawls out of recession and implements devastating public cuts, Executive at the FTSE 100 have seen their take home pay rocket 55%.

Bonuses and share options swelled Chief Executive salaries to £4.9million, according to an annual remuneration report from Incomes Data Services.

Speaking at the ...

City News Desk

The Prime Minister David Cameron has failed to boost the confidence of the business community is his recent speech to business leaders and said that "over the coming weeks, months and years this government will have an unrelenting focus. We will be ...