News

The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.

Savings rise but still a quarter put nothing by

Levels of savings are rising, according to a survey from National Savings and Investments (NS&I). Britons are saving on average 7.33 per cent of their income each month, £90 in real terms, up from 7.17 per cent in the previous quarter.

Unilever chief gloomy on prospects for Europe

The boss of Unilever, maker of Hellmann's mayonnaise, today warned that Europe's economies face at least a decade of bumping along the bottom, and raised fears over the recovery in the United States.

Buffett's $1.2bn buyback

Warren Buffett's Berkshire Hathaway spent $1.2bn (£971.5m) today to buy back shares from the estate of an unnamed investor.

IG in the doldrums as the markets calm

Becalmed stock markets are good news for investors but bad news for the UK's biggest spread-betting firm, which reported sliding revenues today.

Hearts agree settlement to pay back taxes

The dispute related to players loaned to Hearts from Lithuanian club Kaunas.

Spotlight on: Martin Gilbert, Aberdeen Asset Management

Stock markets aren't much good, so I assume that fund management companies aren't up to much either.

Lonmin gets green light for rights issue

Lonmin, the struggling South African platinum miner, has gained clearance to proceed with a crucial $817m (£513m) rights issue after shareholders voted in favour of the offering.

Playing the loyalty card: Rangers’ business plan is dependent on fans contributing £21m to the club’s flotation

The Last Word: Rangers court the Premier League as a friend in greed

When it comes to delusions of grandeur, Charles Green might have found his niche

Community unites to saves Devon bookshop

Mid-Devon faced losing its only independent bookshop after the owner decided to retire after 30 years running the shop in Crediton. But tonight it will be given a new life after determined residents launch a community share issue in a bid to save the shop.

Samantha Davies dismasted and forced out of Vendée Globe round the world race

Samantha Davies was dismasted 130 miles north-west of Madeira on the sixth day of the Vendée Globe singlehanded non-stop round the world race making her the third person to be forced out.

James Moore: Qataris are right to stand back from voting for these Xstrata retention deals

Outlook Thanks to the Qataris, Glencore boss Ivan Glasenberg's protracted quest to win control of Xstrata is now all but over. The oil-rich state's sovereign wealth fund will likely carry the day for him because, even though the structure of this mining mega-merger means that only 16 per cent of Xstrata shareholders saying "no" could kill it, there isn't enough stomach among the rest to torpedo it now the big dog is laying at Mr Glasenberg's feet.

ICAP half-year profits slump 26% to £137 million

Further signs of the extent of the strife in the City emerged today with some dire results from ICAP.

Starbucks: The US coffee company has paid £8m in tax on £3bn in sales during 14 years in the UK

Starbucks chief Troy Alstead faces grilling on tax

Starbucks chief Troy Alstead was today told his claims that the coffee chain continually made a loss in Britain “just doesn't ring true”.

First-time buyers looking to housing schemes to get a foot onto property ladder

Almost half of first time buyers are considering turning to shared equity and shared ownership schemes to enable them to buy their first home, according to new research from Lloyds TSB.  Of these, one in four said affordable housing schemes were their only option for getting onto the property ladder and they would not be able to buy a home otherwise.

Anthony Hilton: Make directors prove they are worth it

The highlight of the week for me was seeing Sir Adrian Cadbury come out of retirement to speak on Tuesday at an event hosted by the Stock Exchange to mark the 20th anniversary of the Cadbury Code. Produced by a committee chaired by Sir Adrian, it is now recognised as the founding pillar of today's corporate governance.

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Pompeii, Capri & the Bay of Naples
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Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

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Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

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Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

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'If we lose touch we’ll end up with two decades of the Tories'

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Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

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King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

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