IT will rescue Britain, insists Microsoft boss

Ballmer predicts thousands of new computing jobs but calls for investment in skills

Hamish McRae: Sometimes governments get it right

The question now is how to choreograph the recovery and get the balance right

Britain stalls on new deal to rescue Africa

Chancellor claims fund-raising charge on all global banking transactions is not workable

Ireland pays £48bn to rescue five banks from toxic debts

Five High street banks in Ireland are to be paid £48bn by a state agency to cover their toxic debts in the biggest financial rescue in the country's history. Bonds issued by the National Assets Management Agency (Nama) will provide the struggling banks with £7bn more than the current £41bn value of their toxic debts.

Postal workers vote on national strike

Small businesses count cost as huge backlog of mail builds up in sorting offices

Product placement to the rescue of broadcasters

Easing of advertising rules could be worth £100m a year to ailing television industry

A deal fit for a future King? Waitrose pays princely sum for Duchy rights

Supermarket signs exclusive deal to make, license and sell Prince's luxury food range

Letters: Terrorist crimes

More panic in the face of terrorist crimes

Suicidal man faces £24,000 bill for rail firm's lost profits

Docklands Light Railway seeks compensation for loss of revenue while police rescued man from bridge

Focus DIY chain unveils rescue plan

Britain's biggest commercial landlords will back a deal to save DIY chain Focus at a creditors' meeting today.

Argentine FA hoping new TV deal will save ailing clubs

The Argentine Football Association on Tuesday broke a contract granting television rights to a local company, hoping to land a new, more lucrative deal to broadcast the country's matches. The decision to dump rights-holding company TSC came as Argentine officials try to rescue debt-ridden clubs whose financial woes have delayed the start of the season.

Observations: Horse Meat Disco reveals its manifesto

Escapist disco and recession have gone together since the sound was forged in grim, late-1970s New York, so the UK's premier Studio 54 revivalists have shown expert timing by waiting to release their first mix CD. Rather than encouraging afro wigs and flares, Horse Meat Disco has revived various strands of underground dance since 2003. The club night has gained influence and popularity more recently since it found its home in Vauxhall, south London's gay village, and thrived as a mixed-sex haven. Along the way, HMD has helped rescue disco from hen-night ignominy. Now it is part of a fully-fledged movement that ranges from the sophisticated productions of Hercules & Love Affair to the more chilled Scandinavian exponents of cosmic disco.

Adrian Hamilton: The bitter politics of debt reduction

In hard times there is virtue in the politician who proposes harsh measures

Retailers unveil strategy to rescue blighted high streets

The British Retail Consortium has urged the Government to help "rescue" the high street from an accelerated demise as the number of boarded-up shops soars during the downturn.

Theo Fennell rides to the rescue of his own company

'King of Bling' returns to board of celebrity jeweller and raises his shareholding
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All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Once the poor relation, the awards show now has the top stars and boasts the best drama
What happens to African migrants once they land in Italy during the summer?

What happens to migrants once they land in Italy?

Memphis Barker follows their trail through southern Europe
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Frank Mugisha: Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked

Frank Mugisha: 'Coming out was a gradual process '

Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
David Abraham: Big ideas for the small screen

David Abraham: Big ideas for the small screen

A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
Florence Knight's perfect picnic: Make the most of summer's last Bank Holiday weekend

Florence Knight's perfect picnic

Polpetto's head chef shares her favourite recipes from Iced Earl Grey tea to baked peaches, mascarpone & brown sugar meringues...
Horst P Horst: The fashion photography genius who inspired Madonna comes to the V&A

Horst P Horst comes to the V&A

The London's museum has delved into its archives to stage a far-reaching retrospective celebrating the photographer's six decades of creativity
Mark Hix recipes: Try our chef's summery soups for a real seasonal refresher

Mark Hix's summery soups

Soup isn’t just about comforting broths and steaming hot bowls...
Tim Sherwood column: 'It started as a three-horse race but turned into the Grand National'

Tim Sherwood column

I would have taken the Crystal Palace job if I’d been offered it soon after my interview... but the whole process dragged on so I had to pull out
Eden Hazard: Young, gifted... not yet perfect

Eden Hazard: Young, gifted... not yet perfect

Eden Hazard admits he is still below the level of Ronaldo and Messi but, after a breakthrough season, is ready to thrill Chelsea’s fans
Tim Howard: I’m an old dog. I don’t get too excited

Tim Howard: I’m an old dog. I don’t get too excited

The Everton and US goalkeeper was such a star at the World Cup that the President phoned to congratulate him... not that he knows what the fuss is all about
Match of the Day at 50: Show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition

Tom Peck on Match of the Day at 50

The show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition