News

All-cash deal is the second largest in Google's history after the $12.5 billion acquisition of mobile phone maker Motorola in 2012

Inside Business: Windows, rags and riches

A family concern with global interests, OCS has thrived throughout the century, says Roger Trapp

Pound rises as rates held

THE BANK of England's decision to leave interest rates unchanged at 5.5 per cent yesterday left industry disappointed as the pound climbed to a new high against the euro.

Letter: Millennium strike

Sir: Whilst computer confusion or total collapse at the time of the rollover to the next century may be fascinating to some and frightening to others, there is a more serious consequence of this event beginning to emerge.

Governor seeks friends in the North

"WHERE'S THE apology, Eddie?" The question from the unemployed of Newcastle upon Tyne to the governor of the Bank of England was simple enough. But Eddie George, on his first trip to the North-east in five years, had no intention of delivering any apology.

Letter: Blinkered economy

Sir: It is now well recognised that in many service industry areas there is overcapacity ("How is it that all these gloomy businessmen are employing more people?", 4 February).

Debate: Is it right that some public spaces be kept free of children?

The At-Bristol science museum, which opens next year, is to make one of its galleries adult-only in response to concerns about noise. But is it reasonable to expect to avoid children in public places? Yes, says Root Cartwright; why should their rights come first? But families still have a raw deal, says Rosalind Freeborn; we have to learn tolerance

How is it that all these gloomy businessmen are employing more people?

START WITH an immediate question and a bigger puzzle. The immediate question is how fast UK interest rates will come down; the bigger puzzle is what is actually happening to the British economy.

City expects quarter point rate cut today

A SERIES of gloomy business surveys published yesterday fuelled speculation that the Bank of England would today deliver its fifth successive cut in interest rates, writes Lea Paterson.

Lilleshall plunges on bank covenant breach

SHARES IN Lilleshall, the Berkshire-based provider of industrial services, plunged from 68p to 47.5p yesterday after the company announced it was in breach of its banking covenants with Lloyds Bank.

Service sector growth stalled

THERE WAS fresh evidence of a slowdown in the services sector yesterday, fuelling speculation that today's crucial growth figures will show that the economy stagnated towards the end of last year.

American Times Denny's Diner: You're welcome: US restaurants offer hand of racial friendship Ethnic minorities start winning the racism war in restaurants

A FACE appears on the television screen. It is brown, wide-eyed, and framed - quite discreetly - with dreadlocks. "I want to let you into a little secret," says the voiceover. "I'm black."

MPC expected to hold back from rate change

LEADING CITY economists expect the Bank of England's Monetary Policy Committee to leave interest rates unchanged when it meets later this week, although most anticipate that the introduction of the euro will help push rates down sharply later.

Jobwatch

THE LATEST government figures show unemployment has risen for the second consecutive month, although employment levels continue to increase.

Service sector has its bright spots

News Analysis: There is no evidence yet of the across-the-board decline that has hit manufacturing

Books: The Renaissance man who's all talk

Conversation by Theodore Zeldin Harvill pounds 6.99
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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
HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

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Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower