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

The Week Ahead: Investors hope for better outlook from banks

The banking sector is set to dominate the headlines again this week, with Royal Bank of Scotland and Lloyds Banking Group due to report full-year results on Thursday and Friday respectively.

BAT could recoup £1.2bn in overpaid tax from Treasury

Taxpayers face a multi-billion pound bill after the High Court ruled yesterday that British American Tobacco might have to be given £1.2bn in tax rebates. The world's second-largest cigarette maker is in line for the windfall after a judge supported its claim that dividends received from its EU subsidiaries should be exempt from taxation in Britain.

Market Report: Man 'flying on one engine' and losing height

The London-based hedge fund group Man closed at its lowest level since 2003 last night after Citigroup, concerned about the company's growing dependence on its flagship AHL fund, switched its stance on the stock to "hold".

Investment Column: BAT comes without a wealth warning

Rolls-Royce Group; Lonmin

Investment Column: Tobacco is unlikely to run out of puff

Laird; Record

Investment Column: Imperial Tobacco tipped as a safe haven

Ricardo; Energybuild

Market Update: FTSE takes a further tumble

The FTSE 100 was down 145.66 points at 5090.6 and the FTSE 250 fell back to 8458.84, down 294.17 points, at 12:04 pm.

Dying for a fag? How the search is on for a smokeless alternative to cigarettes

Nicotine is largely harmless but cigarettes are lethal . Now, the search is on for ways to deliver the pleasure without the risks. Jeremy Laurance reports

Tobacco firms kept quiet on polonium role in cigarettes

Philip Morris and others failed to publish internal studies into lethal substance

Market Report: Hope of European unit sale boosts DSG

DSG International was the main feature in the retail sector yesterday after rumours suggested a disposal may be in the offing.

Last Night's TV: It's hard to believe he was a lady killer

Was Dr Crippen Innocent? Revealed, Five; Duncan Bannatyne Takes On Big Tobacco, BBC2

Transnational tax: this time Darling shouldn't back down

Labour is set to perform another U-turn – on the avoidance activities of some big companies. Philip Blond laments a loss of political will

Glyndebourne attacked over tobacco sponsorship

The organisers of the Glyndebourne festival have been accused of "driving a coach and horses" through legislation designed to stop tobacco firms backing cultural events after they accepted sponsorship from the cigarette firm British American Tobacco (BAT).

Stagecoach boss saves £5m in CGT share transfer

Brian Souter, chief executive of Stagecoach, has saved himself up to £5m by transferring 22 million shares in his company to a family trust before new capital gains tax rules come into force at the weekend.

BAT buys out ST to secure lion's share of Scandinavian market

British American Tobacco yesterday announced its second major acquisition in the space of a week, buying out the cigarettes units of the Danish company Skandinavisk Tobakskompagni (ST) in a deal that values the business at a little over £2bn.

Arts and Entertainment
Gregg Wallace in Summer's Supermarket Secrets
tv All of this year's 15 contestants have now been named
Arts and Entertainment
Inside the gallery at Frederick Bremer School in Walthamstow
tvSimon Usborne goes behind-the-scenes to watch the latest series
Life and Style
A picture taken on January 12, 2011 shows sex shops at the Paris district of Pigalle.
newsThe industry's trade body issued the moratorium on Friday
News
Winchester College Football (universally known as Winkies) is designed to make athletic skill all but irrelevant
Life...arcane public school games explained
Arts and Entertainment
Could we see Iain back in the Bake Off tent next week?
tv Contestant teased Newsnight viewers on potential reappearance
Life and Style
Silvia says of her famous creation: 'I never stopped wearing it. Because I like to wear things when they are off the radar'
fashionThe fashion house celebrated fifteen years of the punchy pouch with a weighty tome
News
i100(and it's got nothing to do with the Great British Bake Off)
News
Angelina Jolie with her father Jon Voight
peopleAsked whether he was upset not to be invited, he responded by saying he was busy with the Emmy Awards
News
Bill Kerr has died aged 92
peopleBill Kerr appeared in Hancock’s Half Hour and later worked alongside Spike Milligan and Peter Sellers
News
news It's not just the world that's a mess at the moment...
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
Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
From Mozart to Orson Welles: Creative geniuses who peaked too soon

Creative geniuses who peaked too soon

After the death of Sandy Wilson, 90, who wrote his only hit musical in his twenties, John Walsh wonders what it's like to peak too soon and go on to live a life more ordinary
Caught in the crossfire of a cyber Cold War

Caught in the crossfire of a cyber Cold War

Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
11 best face powders

11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone