Telegraph View: The row over Stephen Hester's bonus from RBS ignores the contribution the City makes to Britain's economy.

At the ASI. CSR increases profits: which is why profit maximising companies do some of it. Just perhaps not quite as much as the campaigners think they should, for that level of it isn’t profit maximising.

This is becoming an increasingly common mantra, that the payment of in work benefits is a subsidy to the profits of companies. Who wins, when the government makes up the shortfall, between the poverty pay a shelf-packer earns and what he or she needs to live on? Not the worker, evidently; not the taxpayer, who

The Deputy Prime Minister will launch today a campaign for a “well-rewarded workforce”, saying that businesses owned by their staff are more dynamic and have higher morale. He wants to encourage companies to follow the model of John Lewis, the department store group which is owned by its employees and distributes its profits between them.

A review by Lord Smith is expected to recommend that profits made from films be returned to production companies rather than the funding bodies

David Laws is interviewed in the current issue of Attain, a magazine focussed on the independent schools’ sector, where he has the following to say on the issue of whether free schools should be permitted to make profits: I think it is important that the people who come in and deliver the education should be

Fears increased that the eurozone’s problems are hurting industry after Philips warned on profits and Siemens said targets were harder to achieve

@RichardJMurphy Richard Murphy Brown’s 0% small co. corporation tax was an avoidance nightmare - Yes, yes, it was wasn’t it? What with Norfolk based accountants setting up limited companies which took the £10,000 tax free profits as dividends, paid themselves minimal salaries as directors so as to gain NI benefits but pay only a minimal

That figure is the share of US national income that goes to workers as wages rather than to investors as profits and interest. It has fallen to its lowest level since records began after the second world war and is part of the reason why incomes at the top – which tend to be earned

Since 2009, while profits have risen, GE’s US workforce has remained unchanged