Debts are soaring at Thomas Cook, but the stricken travel operator insists it has a bright future.

Outlook Good news has been in short supply for the embattled tour operator Thomas Cook.

Markets get ahead of events. It's what investors are programmed to do. If you think there is a risk of losing money tomorrow you sell today, rather than waiting for it to happen.

This week I've been eating... xiao long bao dim sum

Madrid government forced to deny plan to bail out troubled bank with state cash

Economic Life: Spain has tired of austerity before it has taken hold - its first riots were a year ago

Teacher wins £30,000 award with debut novel about an affair between Achilles and Patroclus

De La Rue printed 11,000 tonnes of banknotes last year, but its chief executive played down the chances of adding Greek drachmas to the list yesterday.

Hargreaves hit by Maltby delays

The struggling economies of Southern Europe could face another blow in the coming months as the price of a key export – olive oil – is set to hit a 10-year low.

The Prime Minister has held a top-level meeting with officials and ministers to discuss Britain's position in the eurozone crisis.

Concern over the bailout plans for troubled Spanish lender Bankia and the country's ability to finance itself sent the nationalised bank's share price plummeting and Spain's borrowing costs soaring today.

Campaigners say World Heritage site is threatened as Rome tries to find new home for waste overflow

Swiss central bank admits planning for end of single currency as pressure on member states builds