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

The Week Ahead: Petra still showing diamond potential

Today

Making money from finding shiny diamonds in the ground is as hard as the shiny gems as the miners try to find. Costs have to be tightly controlled for a miner to make a good profit. But analysts think Petra Diamonds has managed just that. So although earnings might be a little behind the same time last year when it reports its full year results today, Rob Broke, analyst at Westhouse, maintains his Add recommendation. He thinks the company’s “respectable cost control” has made it still an attractive stock. Numis expects its results to be in line with expectations and thinks the “diamond market remains firm.”

Market Report: Burberry does it in style and hits a high

Traders don’t usually pay attention to London Fashion Week but one of its stars was à la mode yesterday in the City. The British brand Burberry was feted by HSBC’s luxury experts who added it to their Super Ten Portfolio and said “its digital  vision sets the group apart.”

Interest rate swap scandal: Banks face hidden bill of up to £10bn to settle property developer claims

Britain’s banks face a hidden bill of up to £10bn to settle claims from property firms put at risk by the interest rate swap scandal, according to new research.

For the sake of Somalia, Barclays must not close its money transfer system

To do so could herald a humanitarian crisis in the long-suffering region

James Moore: Banks' redress may be too late for some firms

Outlook More than a year after the City's regulators first said there were problems with the way a previously rather arcane product called an "interest-rate swap" had been sold to thousands of small businesses, the redress is finally flowing.

UN Human Rights Commissioner Navanethem Pillay speaks at a press conference before completing her visit in Colombo

Sri Lanka snubs UN as it bids for more trade links with the UK

Criticism by Human Right Commissioner was ‘jaundiced’, says Foreign Minister

Investment View: Why you should sit tight in May to see winnings

If you hold your money in cash or bonds you can expect to see inflation steadily eroding its value
Tim Henman: Former British No 1 says tennis must compete with other sports for youngsters

LTA must cash in on Murray mania at lower level, says Tim Henman

Tim Henman believes the Lawn Tennis Association needs to invest more heavily in grass-roots tennis if the governing body is to capitalise more effectively on Andy Murray’s success.

Finance bosses puzzled by audit reform plans

The finance bosses of the country’s biggest firms have claimed that they “don’t understand” the Competition Commission’s hard-hitting proposals to reform the audit market, which is dominated by just four accountants.

UK rallying faster than thought as exports leap boosts GDP

Hopes are boosted for rebalancing of economy towards trade and investment

Money alert: Credit card insurance

High street banks are being forced to pay compensation of £1.3bn after they were found guilty of flogging useless and unnecessary credit card fraud and identity theft insurance.

James Ashton: Bankers toiling in these dog days will be wagging their tails at bonus time

The whodunnit 'Broadchurch' was praised for its ‘restrained approach’

A study of 2,342 16 to 25-year-olds by the Prince's Trust youth charity reveals that one in five 'abandoned their ambitions' after getting poor exam results from their schooling

Pupils believe they'll 'end up on benefits' after leaving school with poor exam results

One in six young people believe they will “end up on benefits” after leaving school, according to research published today.

James Moore: Why Flint needs to take the hint and put a block on bloated bank salaries

Outlook: HSBC still thinks it needs to pay out  stupendous sums to keep its top staff

HSBC in pay rise threat to beat EU’s bonus cap

New rule could be ‘highly damaging’ and help rival banks, chairman Flint warns

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn