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Incompetent, but not corrupt: the final word on Goodwin's RBS

His disastrous strategy may have brought Royal Bank of Scotland to its knees, recording the worst corporate losses in UK history, while he still picked up a lucrative pension pot, but yesterday Sir Fred Goodwin was cleared by the City watchdog of breaking any rules.

UK manufacturing enjoys boost to exports

Further evidence of unexpectedly strong momentum in the private sector arrived yesterday with the publication of the latest survey of business confidence in manufacturing.

Seb Josse wins Open 60 Fastnet Race

A quiet Frenchman, one of whose previous trips through the Western Approaches to Britain was filled with tragedy, and a compatriot known as Jeff, had the biggest smiles in Plymouth today at the end of the Rolex Fastnet Race.

Murray sets up Ancic clash

Andy Murray will face Mario Ancic for a place in the final of the ABN AMRO World Tennis Tournament in Rotterdam tomorrow after Marc Gicquel retired in the third set of their quarter-final.

Murray takes error-strewn tie

Britain's Andy Murray battled his way into the quarter-finals of the ABN AMRO Tournament in Rotterdam yesterday with a 7-6, 7-5 victory in an error-strewn meeting with Andreas Seppi in Rotterdam.

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Fishing boat dismasts Thomson's Hugo Boss

The bad luck which seems to dog British singlehanded sailor Alex Thomson struck again in the early hours this morning when his Open 60, Hugo Boss, was rammed by a French fishing boat just two miles off Les Sables d'Olonne.

Volvo fleet split by differing tactics

The first split in tactics on leg one of the Volvo round the world race from Alicante to Cape Town and the first breakdown have seen an opening 48 hours that freed the eight 70-foot yachts from the Mediterranean, through the Straits of Gibraltar and out into the Atlantic.

Pirate warning as world race nears start

Fewer icebergs but more pirates will keep hazard levels as high as ever as the eight-boat Volvo fleet leaves Alicante on Saturday for its first, 6,500-mile ocean leg of a round the world race that covers 37,000 miles and ends over eight months later in glittering St Petersburg.

Ericsson appeal keel penalty

In a last ditch effort to avoid a highly damaging penalty, the first effects of which would be in tomorrow's opening inshore race of the Volvo Ocean Race, the Ericsson Racing Team today formally asked the jury which imposed it to re-open a hearing on the legality of the keel fin on one of its two boats, Ericsson 3.