Deputy PM wants to more than quadruple industry, but critics say lack of clear targets is holding back confidence

Hugo Boss pins hopes on women

Contract for 600 carriages could go to Bombardier of Derby

British rowing's giant oarsmen will have to travel economy class even for long-haul flights unless a new sponsor is found. Many of the GB rowers are over 6ft 6in – Moe Sbihi is 6ft 8in – and team managers believe the cramped leg space is unwelcome but say there is no alternative until a replacement for Siemens is found.

Corporation's tech boss suspended pending an investigation

I had hoped to make this a bank-free zone today but it's just not possible. You see the horsemeat affair has too many parallels with what went wrong with some of our biggest banks to ignore, and both scandals in turn have wider implications for all companies.

Eurotunnel sales hit record €993m

G4S, the outsourcing group at the centre of last year's Olympic security fiasco, has won a meter-reading contract with British Gas worth £150m.

ArcelorMittal cuts European value

Wal-Mart, the US retail giant, could face fines of billions of dollars, as allegations emerged its Mexican affiliate paid officials to speed up store openings.

Who makes the best vacuum cleaners, fridge-freezers, ovens and washing machines? A single German company – Miele, according to Britain’s biggest consumer group.

Siemens' shock swoop on Invensys' rail signalling business last month has got the City chatting about what other clever deals could be worked up in the new year.

John Lewis enjoys Christmas boost