UK Taxpayer Faces £50m Bill For Comet Collapse

A funding black hole for staff redundancies and tax demands means the Government must cover losses for the troubled  Comet Group retail chain. Comet was an electrical retail chain trading in the United...

Francis Bacon Triptych Sells for $86 Million

A Francis Bacon painting, "Triptych, 1976" set a world record for a contemporary art auction, when it sold for more than $86 milllion at a Sotheby's auction in New York on Wednesday. "A three-panel masterpiece by Francis Bacon broke a record for contemporary art auctions...

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