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BT chief executive Gavin Patterson has accused Labour of being too “negative” about the benefits of advertising for business.

Anti-smoking campaigns are regularly updated and renewed

Cabinet Office 'risking lives' as ad industry rebels against new system for running public health campaigns

'Francis Maude has disrupted a perfectly good system and replaced it with one which is bureaucratic and costly' says IPA head

'The Store' will offer the chance to buy products sponsored by television presenters including Melanie Sykes

ITV brand to launch 24-hour shopping channel

Consumer products firm JML is to launch a new round-the-clock shopping station in partnership with ITV

Is this the best job in the world: Nasa recruits volunteers to spend 70 days in bed

Volunteers will be paid £3,000 a month to stay in bed for 24 hours a day

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.”

Twitter files for IPO, hopes to avoid Facebook's mistakes

The micro-blogging service was valued last month at around $10.5bn (£6.65bn)

A Brazilian football team masseur runs onto the pitch to save a last-minute shot in a semi-final playoff

Video: Brazilian football masseur saves two shots in final minutes of semi-final playoff before being chased off the pitch

Team masseur runs onto pitch in a fourth division match in Brazil

Consumer Rights: Internships – useful work experience or unpaid labour?

Some employers ignore or bend the rules to exploit young people trying to enter a profession

Fire in China delays Apple smartphones

Shipments of millions of computers and smartphones could be delayed  for up to six months following a  blaze at a Chinese factory which supplies 15 per cent of the world’s memory chips.

Tech entrepreneurs sell mobile app design business Grapple for £40m

Two London tech entrepreneurs are enjoying a windfall after selling their mobile app design business, Grapple, for almost £40 million just three years after setting it up.

James Moore: Wonga? It's just an unnecessary evil

Outlook Moola, dosh, bread, one thing's quite clear: whatever you choose to call it, Wonga's positively rolling in the stuff, turning a profit of more than £1m a week by (to continue the slang theme) fleecing its customers.

Windows Phone's market share finally on the rise as Android's lead lessens

European markets backing Microsoft's mobile OS most strongly, but Android remains the dominant global force.

Business week in review

In profit...

Sage of Soho declares advertising booming but attacks rival merger

WPP cheered the City yesterday as its half-year profits surged almost 20 per cent to £429m and the advertising giant promised to keep raising the dividend.

I want your job: Head of marketing

We spoke to Stuart White, group product manager for L’Oreal Paris Haircare UK, about his route into the world of marketing

Chime puts £1bn tag on World Cup

Next year’s football World Cup taking place in Brazil is going to be an even bigger sponsorship bonanza than expected, according to marketing group Chime Communications.

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Independent Travel
Pompeii, Capri & the Bay of Naples
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Lake Garda
3.	Provence 6 nights B&B by train from £599pp
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Katarina Johnson-Thompson: Heptathlete ready to jump at first major title

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