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Banks would have to disclose the number of employees taking home half a million pounds or more under draft Government plans on top earners, it was revealed today. Related Stories Britain’s AAA credit rating in jeopardy, warns agency Upswing in markets puts Merlin back on IPO track Sony targets sales of 2.5 million 3D sets this year £15m bonus payout as Northern Rock cuts losses Former ITV boss Charles Allen takes helm at EMI

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Plans to make banks reveal salaries over £500,000

Music group EMI today named former ITV boss Charles Allen as executive chairman as the firm battles to improve its fortunes.

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Former ITV boss Charles Allen takes helm at EMI

Northern Rock today said it was paying staff £14.9 million in bonuses after losses narrowed last year. Related Stories Business Diary: Murdoch silenced by autocue malfunction Ark considers bids after failure of brain tumour drug trial Britain’s AAA credit rating in jeopardy, warns agency Upswing in markets puts Merlin back on IPO track Sony targets sales of 2.5 million 3D sets this year

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£15m bonus payout as Northern Rock cuts losses

The field to buy Hobbycraft, the arts and craft retailer, for as much as £100m has been narrowed to up to six serious bidders. Related Stories Now Shore Capital joins exodus from UK Business Diary: Murdoch silenced by autocue malfunction Ark considers bids after failure of brain tumour drug trial Britain’s AAA credit rating in jeopardy, warns agency Upswing in markets puts Merlin back on IPO track

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Hobbycraft shortlist has six bidders

The field to buy Hobbycraft, the arts and craft retailer, for as much as £100m has been narrowed to up to six serious bidders. Related Stories Now Shore Capital joins exodus from UK Business Diary: Murdoch silenced by autocue malfunction Ark considers bids after failure of brain tumour drug trial Britain’s AAA credit rating in jeopardy, warns agency Upswing in markets puts Merlin back on IPO track

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Hobbycraft shortlist has six bidders

Npower became the fourth of the “big six” energy suppliers to cut its gas prices yesterday, ratcheting up the pressure on Scottish Power and EDF to announce similar plans before the new tariffs come in at the end of this month. Related Stories Now Shore Capital joins exodus from UK Business Diary: Murdoch silenced by autocue malfunction Ark considers bids after failure of brain tumour drug trial Britain’s AAA credit rating in jeopardy, warns agency Upswing in markets puts Merlin back on IPO track

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Npower is fourth of ‘big six’ to cut prices