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Outlook Over to a business that works, in the form of Betfair. It looks like a winner. The gambling company jumped to the head of the field by trouncing the City's profit forecasts and handed out sugar lumps to the shareholders in its stable with a chunky dividend hike. The shares duly raced even further ahead of a 950p indicative offer that was withdrawn in May by a major shareholder in cahoots with private equity.

Fahey hopes to make his mark in a Royal Ascot Group One race

Fahey supplements 'baby' Gabrial to take on big boys

If the meeting seems set to open with two regal processions, rather than one, then at least some proper, unruly competition looks guaranteed soon after the monarch has admired Frankel following her down the straight at Royal Ascot on Tuesday.

Longchamp throws up a Royal prospect to savour

The wretched weather is giving an unhappily literal quality to the way the domestic programme treads water between Epsom and Royal Ascot. The card at Salisbury today is subject to a morning inspection, and likewise the turf races at Lingfield. And while the French did contrive a fleeting moment of quality yesterday, deteriorating conditions locally may also limit its significance.

Bolger's Classic hopes Dawn early

Such is the nature of the game, barely have the tweets about the Derby vanished into the ether than there is chirruping about the 2013 Classics. After winning his first two races, the Irish colt Dawn Approach was the subject of some tentative trading for the 2,000 Guineas next May; now, after making it three from three at Naas yesterday, he is quoted at 14-1 as the early market leader in some bookmakers' lists.

Caspar Netscher has thrived on a busy campaign

McCabe's Caspar Netscher strikes a Classic blow for Camelot's also-rans

Camelot so bestrides the Investec Derby that some bookmakers now offer odds that would qualify him as the hottest favourite since Tudor Minstrel was beaten at 4-7 in 1947. Only 11 other colts were left in the race yesterday, four of them from the same stables in Co Tipperary, and he is just 8-13 with Betfred to win on Saturday.

Fiorente has been working well this spring

Flat out of winning ideas? Here's 10 to beat the bookies with this season

On the eve of the first Classic, Chris McGrath finds some lesser lights it will pay to follow

Ektihaam wins the Dubai Duty Free Golf World Cup at Newbury

Bronterre looks the best on offer to give Hannon fresh Classic lift

Once again, as when Most Improved hobbled away from the Craven Stakes at Newmarket on Thursday, the favourite for a key Qipco 2,000 Guineas trial has dropped out at the 11th hour. Roger Charlton has decided that it would be looking for trouble to run Top Offer in deteriorating conditions at Newbury today, just a fortnight before the Guineas, and duly scratched him from the Aon Greenham Stakes.

Like a train: Premio Loco (left) wins yesterday's Winter Derby at Lingfield

Premio Loco steams in to avenge his Derby defeat

For Flat racing fans, that business at Aintree that has to be consigned to the formbook before full attention focuses on the purest form of the sport is frustratingly delayed this year; because of the religious calendar, no Grand National will ever have been run on a later date than this year's, on 14 April.

Jail for share scamsters won't stop the boiler room fraud

One family made millions by flogging worthless shares. Don't become a victim

Wizz Kid has the legs of Hoof It in Nunthorpe

The prospect of Mick Easterby saddling a Group One winner at his big local meeting – in the colours, moreover, of Lee Westwood and Chubby Chandler – is too delicious for many to concern themselves with the odds against Hoof It in the Coolmore Nunthorpe Stakes at York today. He certainly warrants a crack at an elite prize, after thriving so extravagantly in handicaps, and should cope with the return to five furlongs after travelling so powerfully over a sixth.

Cowell hopes Prohibit will keep sprint title off limits to his rivals

With the search for a sprint star still on, the spotlight will be on next week's Nunthorpe Stakes at York and, in particular, the latest Group One-winning speedster to put a newly gained reputation on the line. Step forward Prohibit, who made his first appearance at the top level in this country a winning one when he beat one of Australia's best, Star Witness, fair and square in the King's Stand Stakes at Royal Ascot in June.

Harbour offers view from Cliffs for Hannon

Richard Hannon, despondent and defiant after the defeat of Canford Cliffs on Wednesday, can cheer himself up today with a colt who could yet develop into a successor to his stable star. Harbour Watch runs in the same colours, and the early signs are that he will prove another advertisement for the champion trainer's tried-and-tested system. By a young commercial sire, and bought in the middle tier of the yearling market, he made a striking debut at one of Hannon's favourite tracks, Salisbury. He then pulverised some smart types at Newmarket, bursting four and a half lengths clear of Burwaaz.

Fox Hunt's love of the chase suggests he is ready to go distance

To reach for the stars is not always as remote an ambition as Frankel made it seem yesterday. Today's two big races, lacking truly dominant operators in their very different disciplines, could both demonstrate the proximity between the top handicappers and the ostensible elite.

Trip and track look tailor-made for Strong Suit to take honours

Fiorente should continue his upward curve in the Gordon Stakes on opening day of Glorious Goodwood

Queen guaranteed £35m 'recession-proof' income

The Royal Family is to receive a recession-proof financial deal that guarantees it an annual income of around £35m in future years.

O'Brien takes the lead to master young devil

Await The Dawn on track for Breeders' Cup Classic but only after a display of both tantrums and talent
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The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn
Yvette Cooper: We can't lose the election. There's too much on the line

Yvette Cooper: We can't lose the election. There's too much on the line

The shadow Home Secretary on fighting radical Islam, protecting children, and why anyone in Labour who's thinking beyond May must 'sort themselves out'
A bad week for the Greens: Leader Natalie Bennett's 'car crash' radio interview is followed by Brighton council's failure to set a budget due to infighting

It's not easy being Green

After a bad week in which its leader had a public meltdown and its only city council couldn't agree on a budget vote, what next for the alternative party? It's over to Caroline Lucas to find out
Gorillas nearly missed: BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter

Gorillas nearly missed

BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter
Downton Abbey effect sees impoverished Italian nobles inspired to open their doors to paying guests for up to €650 a night

The Downton Abbey effect

Impoverished Italian nobles are opening their doors to paying guests, inspired by the TV drama
China's wild panda numbers have increased by 17% since 2003, new census reveals

China's wild panda numbers on the up

New census reveals 17% since 2003