Money
Firms which can raise prices may be a good bet for future growth

Leahy invests in 'safe' tobacco (after Tesco made a killing on cigarettes)

It has been the dream of health campaigners and nicotine addicts for 50 years: a "safe" cigarette that satisfies the cravings of smokers without the lethal side-effects. Now, falling sales and government crackdowns in the West (if not in the developing world) are tempting the world's tobacco giants to invest in discovering a non-cancerous alternative. British American Tobacco (BAT) is joining forces with Sir Terry Leahy, the recently departed former Tesco chief executive, who is investing a chunk of his own £48m fortune in a new product which promises to revolutionise the market for "smokeless cigarettes". Sir Terry has invested an undisclosed sum in the start-up company Kind Consumer, which is developing a non-tobacco, aerosol-loaded, nicotine inhalation device that keeps the "psychological rituals and routines" of smoking.

The unstoppable march of the tobacco giants

How the industry ruthlessly exploits the developing world - its young, poor and uneducated

Market Report: IAG gets its wings back despite fuel price rises

Oil prices may have stayed close to their recent highs, but that failed to prevent International Airlines Group (IAG) flying to the top of the blue-chip index last night.

Tobacco firms used diet-aid chemicals

Internal documents reveal that appetite suppressants were added to cigarettes as companies pitched their products to women

Market Report: BAT provides safe haven for worried investors

With the top-tier index awash with red, British American Tobacco (BAT) was among the defensive stocks benefiting from investors fleeing for safer ground as the cigarette company was praised for offering long-term value.

Australia's cigarette war over shocking pack rules

Australia has unveiled the world's toughest tobacco advertising legislation, which – if it survives a legal challenge by the industry – will force all cigarettes to be sold in plain, olive-green packs covered in health warnings.

David Prosser: When will big tobacco decide to give up?

Outlook The writing is on the wall for tobacco companies. The designs unveiled yesterday by the Australian Government for plain cigarette packaging have to be seen to be believed. Under itsproposals, which could become law within a matter of months, allcompany branding would disappear – instead, the make of thecigarette would appear in a font of standard style and size underneath eye-catching images illustrating the potential effects of smoking on health.

Market Report: BAT soars after stubbing out racketeering charge

Following a key legal triumph in the US, British American Tobacco (BAT) was left high up the top-tier index's leaderboard last night, advancing 54.5p to 2,462p. The cigarette group made the move after investors awoke yesterday morning to news from across the Atlantic that the company had succeeded in its attempt to be removed from a racketeering ruling.

Market Report: Tobacco report helps Imperial light up

It may have been No Smoking Day, but that did not stop Imperial Tobacco's shares lighting up last night as a long-awaited report from the Government was greeted with relief.

Minister to use No Smoking Day to announce display ban

Health Secretary to press ahead with tobacco sale restrictions, despite £70m cost to small retailers

Market Report: Serco's defensive quality shines in anxious times

With a rise of 27p to 618.5p, Serco stormed to the top of the blue-chip index last night – and its highest position since last October – after it was picked as a good bet for those looking for respite from the turmoil in the Middle East and North Africa.

Lung cancer epidemic 'may have peaked' in women

The fifty-year epidemic of lung cancer which has claimed at least one million lives in Britain may have peaked among women, figures show.

Market Report: Ocado flavour of the day as merger chat returns

The market's taste for online grocery group Ocado continued unabated yesterday as rumours of a takeover refused to die, although some put the rise down to pressure on the City's short sellers.

Voices
voicesGood for Lana Del Rey for helping kill that myth, writes Grace Dent
Sport
The Pipes and Drums of The Scottish Regiments perform during the Opening Ceremony for the Glasgow 2014 Commonwealth Games at Celtic Park on July 23, 2014 in Glasgow, Scotland.
Commonwealth GamesThe actor encouraged the one billion viewers of the event to donate to the children's charity
Sport
Karen Dunbar performs
Entertainers showcase local wit, talent and irrepressible spirit
Arts and Entertainment
The Tour de France peloton rides over a bridge on the Grinton Moor, Yorkshire, earlier this month
film
Life and Style
fashion Designs are part of feminist art project by a British student
News
Very tasty: Vladimir Putin dining alone, perhaps sensibly
news
Life and Style
Listen here: Apple EarPods offer an alternative
techAre custom, 3D printed earbuds the solution?
News
The University of California study monitored the reaction of 36 dogs
sciencePets' range of emotions revealed
Arts and Entertainment
The nomination of 'The Wake' by Paul Kingsnorth has caused a stir
books
News
Joining forces: young British men feature in an Isis video in which they urge Islamists in the West to join them in Iraq and Syria
newsWill the young Britons fighting in Syria be allowed to return home and resume their lives?
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
Climate change threatens to make the antarctic fur seal extinct

Take a good look while you can

How climate change could wipe out this seal
Should emergency hospital weddings be made easier for the terminally ill?

Farewell, my lovely

Should emergency hospital weddings be made easier?
Man Booker Prize 2014 longlist: Crowdfunded novel nominated for first time

Crowdfunded novel nominated for Booker Prize

Paul Kingsnorth's 'The Wake' is in contention for the prestigious award
Vladimir Putin employs a full-time food taster to ensure his meals aren't poisoned

Vladimir Putin employs a full-time food taster

John Walsh salutes those brave souls who have, throughout history, put their knives on the line
Tour de France effect brings Hollywood blockbusters to Yorkshire

Tour de France effect brings Hollywood blockbusters to Yorkshire

A $25m thriller starring Sam Worthington to be made in God's Own Country
Will The Minerva Project - the first 'elite' American university to be launched in a century - change the face of higher learning?

Will The Minerva Project change the face of higher learning?

The university has no lecture halls, no debating societies, no sports teams and no fraternities. Instead, the 33 students who have made the cut at Minerva, will travel the world and change the face of higher learning
The 10 best pedicure products

Feet treat: 10 best pedicure products

Bags packed and all prepped for holidays, but feet in a state? Get them flip-flop-ready with our pick of the items for a DIY treatment
Noel Fielding's 'Luxury Comedy': A land of the outright bizarre

Noel Fielding's 'Luxury Comedy'

A land of the outright bizarre
What are the worst 'Word Crimes'?

What are the worst 'Word Crimes'?

‘Weird Al’ Yankovic's latest video is an ode to good grammar. But what do The Independent’s experts think he’s missed out?
Can Secret Cinema sell 80,000 'Back to the Future' tickets?

The worst kept secret in cinema

A cult movie event aims to immerse audiences of 80,000 in ‘Back to the Future’. But has it lost its magic?
Facebook: The new hatched, matched and dispatched

The new hatched, matched and dispatched

Family events used to be marked in the personal columns. But now Facebook has usurped the ‘Births, Deaths and Marriages’ announcements