Money Neil Woodford is bemused by the speed with which economic commentators have moved from doom to euphoria

The biggest fund manager story of 2013 was the resignation of Neil Woodford from Invesco Perpetual. As you will be aware, Mr Woodford will continue to manage the Invesco Perpetual Income and High Income Funds until he leaves at the end of April, following which he will set up his own company.

China says boom in GDP growth will slow to 9 per cent in 2011

China's booming economy will slow next year but is still expected to grow by 9 per cent, state economists believe.

IMF urges governments to maintain support to banks

Still feeble banks are the global economy's "Achilles heel", the IMF warned yesterday as it advised governments to make "the timing of planned withdrawal of some monetary and financial support more contingent on improved bank health".

One computer trade caused 'flash crash'

The "flash crash" which sent the US stock market down 9 per cent in 20 minutes on 6 May began in the futures market with a single computer-generated trade, according to a joint report by stock and derivatives market regulators last night.

The lights go on again in commercial property

The market is picking up after the economic darkness of the past two years, but there are still risks

ECB keeps liquidity safety net for banks

The European Central Bank has extended its liquidity safety net for vulnerable eurozone banks into next year, delaying the end of its crisis measures and urging caution over the economic recovery.

The Business On... Bob Greifeld, Chief executive, Nasdaq OMX

So the marathon man is back

M&B chairman vows end to shares chaos

Sale of Hollywood Bowl expected tomorrow as part of John Lovering's plan to 'normalise' pub chain

David Prosser: The banks are lending as much as they can, but it is not enough

Outlook How do we square the insistence of the banks that they are lending to deserving small and medium-sized businesses with the complaints from those very same enterprises that they are being starved of credit? Mervyn King, the Governor of the Bank of England, answered that question brutally in evidence to the Treasury Select Committee last week. The banks' treatment of businesses was "heartbreaking", he said, which rather implies he doesn't believe what they say.

Bovis to restore dividend as housing market improves

Bovis cheered investors with plans to reinstate its dividend next year, as it became the latest housebuilder to report rising property prices and sales.

Barça tell Fabregas: it's now or never

President flies to South Africa to pressure Wenger into agreeing transfer 'in days'

Barcelona fail to pay player wages

Barcelona president Sandro Rosell has revealed the extent of the financial worries at Barcelona, admitting the players' wages for last month have not been paid.

Queen's lender withdraws free banking for anyone less than £250,000 in the black

Coutts, the state-owned private bank whose clients famously include the Queen, is withdrawing free banking from anyone who doesn't do at least £250,000 worth of business with it, The Independent has learnt.

James Moore: Bebo's blow-up offers lessons that Facebook must pay heed to

Outlook So bye-bye Bebo. If ever you needed confirmation that AOL has the reverse of the Midas touch, it's this deal. The former social networking phenomena that fancied itself as a rival to Facebook when the men with the minus touch came a calling with $850m less than two years ago, has been offloaded for a couple of quid, a packet of chewing gum and some football trading cards.

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Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker