News

The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.

Jim Armitage: Schroders must tread with care when the time comes for its next generation

Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.

Mulberry shares plunge after shock profit warning

Shares in Mulberry plummeted nearly 30 per cent in early London trading after the luxury brand issued its third profit warning under chief executive Bruno Guillon.

Shares fell as much as four per cent following the announcement of Justin King's departure

Sainsbury's chief Justin King to step down in July after 10 years

Justin King will be replaced by commercial director Mike Coupe at Sainsbury's

Britain's economy 'growing at fastest pace since 2007' crash, says CBI

Britain's economic output grew at its fastest pace in January since September 2007, the Confederation of British Industry said today

Apple's shares were down on Monday

Apple shares tumble despite record sales

The firm sold a record 51 million iphones and 26 million iPads but profits from October to January - usually a bumper period - remained flat

Supporters of Egypt's army chief General Abdel Fattah al-Sisi hold his posters in Tahrir square in Cairo, on the third anniversary of Egypt's uprising

BG Group shares plunge after Egypt turmoil hits profits

Egypt accounts for nearly a fifth of group's production

Mark Dampier: Unicorn gets the picture with smaller companies

Smaller companies have been a lucrative, albeit higher-risk, area to invest over the long term. The Numis Smaller Companies Index has, since 1955, achieved an annual return of 15.8 per cent compared with 12 per cent for the broader UK stock market.

Yellow Pages bosses pay rose 70% as it collapsed

Yellow Pages owner Hibu hiked the pay of senior management while the loss-making company was missing loan repayments and heading for collapse

Easyjet shares dive after airline issues weak trading update

EasyJet shares plummeted after the budget airline warned that the timing of Easter would have an impact on its first-half results.

The Business Matrix: Thursday 23 January 2014

Coach loses ground on rivals

BHP Billiton sees record production but misses targets

New chief Andrew Mackenzie confident BHP Billiton can achieve 16% growth in two years

Two bedroom flat to rent at Beaufort Court, Atlantic Wharf, Cardiff CF10. On with Northwood UK at £650 pcm (£150 pw)

One in five landlords has returned early from a holiday to help tenants

On average, landlords visited their property three times in the last 12 months to carry out repairs

Farage farrago: He suggested women taking time off to have children made them ‘worth less’ to City firms

Nigel Farage: what's really happening in the City?

The Ukip leader's views about working women are hopelessly out of date, says Margareta Pagano.

Third Point takes significant shareholding in Dow Chemical

Third Point, the hedge fund run by activist investor Daniel Loeb, has taken a significant shareholding in Dow Chemical and is urging the company to explore a spin off of its petrochemical business so it can concentrate on being a specialty chemicals firm.

Unilever beats forecasts on emerging markets rebound

After battering global shares in consumer goods giants with a profit warning in October, Unilever, the company behind Dove soaps and Lipton iced teas, said there had been a considerable pick-up in countries like India and China.

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Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
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