Facebook, on the other side of the pond, may or may not be worth $100bn, but either way it doesn’t matter. Eye instead the company’s S-1 filing with the US securities and exchange commission, and the key figures that stand out are that it took seven years to create a company with $3.7bn in revenues

Yesterday saw the publication by the Institute for Fiscal Studies of its annual ‘Green Budget‘, which looks generally at the global and UK economic picture as well providing a detailed analysis of the UK fiscal position. The document is fascinating in many respects, but one of the parts that particularly caught my eye was its

I recently had one of those eye opening web surfing sessions where I find lots of new awesome stuff to explore. I was checking up on the progress of Raspberry Pi, itself a very exciting project to make and sell an ARM-based PC board for $35. They say: We want to see cheap, accessible, programmable computers everywhere; we actively encourage other companies to clone what we’re doing. We w...

Funding for a race relations organisation is suspended by the Welsh government after accusations of financial corruption, BBC Wales's Dragon's Eye reveals.

Gosh, isn’t this interesting? Vodafone has won a landmark tax dispute in India over its $11bn acquisition of a 67pc stake in Hutchison Whampoa’s Indian mobile unit, which later became Vodafone Essar. Another Private Eye/Ritchie nonsense ground into the dust. The Indian Supreme Court ruled that the taxman had no jurisdiction over the British mobile

Private Eye has welcomed a newcomer to its Rotten Boroughs column in its past 26 issues: Cotswold District Council. Here in the idyllic Cotswold constituency, neighbouring  David Cameron’s Witney, there has been massive fraud, resulting, so far, in the prosecution and  sentencing of former Cotswold Water Park Society CEO Dennis Grant, who embezzled £700,000 of

A London council initiative is drawing interest from ministers and police as a potential model for tackling gang culture

New laws are not needed to govern the press, Private Eye editor Ian Hislop tells an inquiry into media ethics.

A council that spends more than any other in Wales on private investigators says it has helped it save more than £6m fighting bogus compensation claims.

Questions over the future of hydrocarbon reserves after a UK break-up are creating uncertainty for energy companies operating in the region