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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Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
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Vietnam
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South Africa
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Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there