The mistake resulted in the share price of Britain’s largest bank rising more than 10 per cent

Iran's denial of Holocaust harms Arab cause, Palestine activist tells president

Iran's president, Mahmoud Ahmadinejad, has come under attack for his views on the Holocaust from an unexpected quarter - a Palestinian activist recently freed after 18 years in an Israeli jail.

Guimaraes scents opening day upset for uneasy hosts

Take a bus trip through Costa Rica and it will quickly become clear that every village, no matter how small, has a church, a school and a football pitch. Which is why Alexandre Guimaraes, the Ticos' coach, responded to a draw that pitted his team against the hosts in tonight's opening game of the World Cup with the words: "It is an honour."

The Third Leader: Milk and honey

Some accuse David Cameron of a lack of substance. I hope they are feeling chastened today: this is a man whose announcement that he wants to make us happy is swiftly followed by the news that one of his favourite songs is Benny Hill's Ernie. Implementation in three days. Impressive.

Brazil gripped by fear as gang riots spread

Dozens more people, mostly prisoners, were killed and the streets of Brazil's business capital gripped by fear yesterday as a crime wave of unprecedented violence swept over Sao Paulo for a third night, taking the overall death toll to more than 70.

The Week Ahead: Dollar costs Diageo dear as the Guinness issue comes to a head

It's not just love in the air this week. Besides the flowers and chocolates being delivered for Valentine's Day, City workers will be kept busy with a number of heavyweight corporates stepping up to post their results.

Pernod eyes bid for Allied Domecq

PERNOD RICARD, the French drinks group behind Martell cognac and Havana Club rum, has appointed advisers to look at a possible takeover deal for its rival, Allied Domecq.

Market Report: Dollar's slide leaves Diageo in the doldrums

As the US dollar continued its slide yesterday Diageo become a talking point in City dealing rooms, with traders concerned that the drinks giant will be adversely affected by the weakness of the greenback at what is a crucial time of year for the drinks company.

Diageo opts to return £600m to investors

Diageo intends to cap its dividend payouts from next year, opting instead to hand back cash to investors via share buy-backs.

Diageo's US disposal raises buy-back hope

Shares in Diageo rose yesterday after the drinks giant moved to sell the bulk of its $3.5bn (£2bn) shareholding in General Mills, raising hopes that it would return the cash to shareholders.

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Liverpool close in on Milner signing

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Extreme summer temperatures will soon cause deaths of up to 1,700 more Britons a year, says government report
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German soldier who died fighting for UK in Battle of Waterloo should be removed from museum display and given dignified funeral, say historians

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