News

Retail sales rose at their fastest rate in nine years in December, the Office for National Statistics reported yesterday. However, some City analysts immediately cast doubt on the reliability of the figures.

Britain’s deficit soars to its highest for 24 years

But stronger-than-expected growth was seen over the past two years

Upbeat forecasts adds to optimism over economic recovery

The UK recovery will pick up pace this week as official estimates reveal the strongest advance for the economy since last summer's London Olympic Games.

£1.6bn refinancing lifts the debt cloud for Thomas Cook

Travel giant Thomas Cook today took a huge step towards recovery with a £1.6 billion refinancing of its vast debt pile, just 18 months after the 172-year old company veered close to collapse.

Andy Murray is through to the quarter-finals of the BNP Paribas Open

Outrageous! Andy Murray loses it over 'extremely, extremely loud' grunting from opponent

The British number one came through his match against Carlos Berlocq in Indian Wells despite his annoyance

Argentina's tennis player Carlos Berlocq at the Davis Cup earlier this year

Outrageous! Andy Murray loses it over 'extremely, extremely loud' grunting from opponent

The British number one came through his match against Carlos Berlocq in Indian Wells despite his annoyance

Market Report: Vodafone powering Footsie on US buzz

The City was piling into Vodafone again today and it wasn't because of the FTSE 100 titan's new contract to supply smartphones to New Zealand's police officers. Welcome though the news may be to the Kiwi law enforcement fraternity, Voda has been the blue-chip story of the week for other reasons: namely speculation over its 45 per cent stake in United States operator Verizon Wireless.

Market Report: Sugar looks likely to sour ABF success

Flogging cheap clothes has been keeping punters in Primark owner Associated British Foods happy, but City scribblers think the shares are no longer quite so sweet. The Primark to Twinings tea group could be facing bitter times at its European sugar business.

Market Report: City spends energy on oil and gas talk

Oil and gas explorers on both sides of the Channel were flaring up on City takeover chatter. BG Group has been a takeover target since its shares lost around 20 per cent after warning on production forecasts at the beginning of the month.

CBI reveals worsening picture for UK output

Manufacturing output is at its lowest level in three years, in what could be a further blow to hopes for a swift economic recovery, according to the Confederation of British Industry (CBI).

Market Report: Carphone in line for a Best Buy deal lift

With US retail giant Best Buy being targeted by its founder, the talk in the Square Mile yesterday was focused on what could lie ahead for its British partner Carphone Warehouse if a deal goes ahead.

Market Report: City backs ITV to benefit from penny-pinching Beeb

While Auntie penny pinches, ITV will feel the benefit. That was the theory pushing the Britain's Got Talent broadcaster higher yesterday as – with the BBC on a mission to save money – City scribblers argued its bitter rival will be in a prime position to take advantage.

The Market Report: BarCap a worry as US rivals pave way for 'weak results'

It was transformed into one of the world's top investment banks under his control. Yet yesterday Bob Diamond was being urged to undergo a massive overhaul of Barclays Capital amid claims that such a move would be for the good of the company as a whole. With Barclays' preliminary results little more than a fortnight away, poor figures from the investment-banking arms of its American rivals have raised serious concerns over the performance of BarCap.

Market Report: Reason to reconsider the Smith & Nephew story

Bargain-hunters moved into Smith & Nephew yesterday after analysts called on investors to reconsider the growth prospects for Europe's biggest manufacturer of artificial hips and knees. S&N shares haven't had the healthiest of years so far, falling by around 15 per cent since January. Results earlier this month did little to warm sentiment, with the stock easing in the hours after the company revealed lower trading profits for the third quarter.

British banks ordered to disclose debt exposure amid contagion fears

Turmoil on Europe's markets continues, as bank shares suffer rollercoaster ride

DTZ in turmoil as management walks out

The chief executive and finance director of DTZ yesterday walked out as a row with the commercial property agent's majority shareholder threatened to boil over.

Latest stories from i100
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 12 March 2015
The saffron censorship that governs India: Why national pride and religious sentiment trump freedom of expression

The saffron censorship that governs India

Zareer Masani reveals why national pride and religious sentiment trump freedom of expression
Prince Charles' 'black spider' letters to be published 'within weeks'

Prince Charles' 'black spider' letters to be published 'within weeks'

Supreme Court rules Dominic Grieve's ministerial veto was invalid
Distressed Zayn Malik fans are cutting themselves - how did fandom get so dark?

How did fandom get so dark?

Grief over Zayn Malik's exit from One Direction seemed amusing until stories of mass 'cutting' emerged. Experts tell Gillian Orr the distress is real, and the girls need support
The galaxy collisions that shed light on unseen parallel Universe

The cosmic collisions that have shed light on unseen parallel Universe

Dark matter study gives scientists insight into mystery of space
The Swedes are adding a gender-neutral pronoun to their dictionary

Swedes introduce gender-neutral pronoun

Why, asks Simon Usborne, must English still struggle awkwardly with the likes of 's/he' and 'they'?
Disney's mega money-making formula: 'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan

Disney's mega money-making formula

'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan
Lobster has gone mainstream with supermarket bargains for £10 or less - but is it any good?

Lobster has gone mainstream

Anthea Gerrie, raised on meaty specimens from the waters around Maine, reveals how to cook up an affordable feast
Easter 2015: 14 best decorations

14 best Easter decorations

Get into the Easter spirit with our pick of accessories, ornaments and tableware
Paul Scholes column: Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season

Paul Scholes column

Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season
Inside the Kansas greenhouses where Monsanto is 'playing God' with the future of the planet

The future of GM

The greenhouses where Monsanto 'plays God' with the future of the planet
Britain's mild winters could be numbered: why global warming is leaving UK chillier

Britain's mild winters could be numbered

Gulf Stream is slowing down faster than ever, scientists say
Government gives £250,000 to Independent appeal

Government gives £250,000 to Independent appeal

Donation brings total raised by Homeless Veterans campaign to at least £1.25m
Oh dear, the most borrowed book at Bank of England library doesn't inspire confidence

The most borrowed book at Bank of England library? Oh dear

The book's fifth edition is used for Edexcel exams
Cowslips vs honeysuckle: The hunt for the UK’s favourite wildflower

Cowslips vs honeysuckle

It's the hunt for UK’s favourite wildflower
Child abuse scandal: Did a botched blackmail attempt by South African intelligence help Cyril Smith escape justice?

Did a botched blackmail attempt help Cyril Smith escape justice?

A fresh twist reveals the Liberal MP was targeted by the notorious South African intelligence agency Boss