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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.

Lord Harris back into Carpetright after chief quits

Lord Harris of Peckham has been forced to come out of retirement to take over the helm of Carpetright after a shock profit warning and the unexpected resignation of chief executive Darren Shapland.

Market Report: Falklands factor gets the City excited

Scouring for oil in the Falkland Islands has been controversial considering Argentina has been agitating to control the islands, but yesterday consolidation among the explorers piqued the interest of the City.

Shareholders want Bill Gates's Microsoft exit

Bill Gates co-founded Microsoft in the mid-seventies and went on to build the business into a software behemoth that shaped the digital lives of hundreds of millions of people around the world.

Nick Goodway: No place to hide if stress levels are high

There is a key line in the stress test document. It reads: "Banks may face incentives to be overly optimistic about the impact of stress scenarios on their capital position [in order] to achieve a more favourable result in the stress test."

The Week Ahead: Growth hopes amid Homeserve’s woes

Today

Insuring households against the cost of broken boilers and burst pipes hasn’t prevented Homeserve from suffering its own in-house problems. It issued a profit warning in March, and is still awaiting the outcome of a long-running Financial Services Authority investigation into alleged mis-selling.

Veteran Vikings quarterback Matt Cassel, right, shone on his comeback game

American Football: Peterson helps Minnesota Vikings paint Wembley purple in win over Pittsburgh Steelers

Adopted home side for the week get off the mark with thrilling win in first of two London games this season

Hamish McRae: With political calamities piling up, why are markets so keen on the US?

There is one concern that even optimists need to acknowledge. The US may, indeed, default

Jim Armitage: Chinese cash in as London loses out

Outlook "Colourful" is how writers with nervous lawyers like to describe Frank Timis.

Britain's recovery driven by spending, not trade

ONS shows unbalanced growth, as consumer confidence rises to highest level since 2007

Looking smart: Asian boom sends H&M to new high

Shares in the Swedish fashion retailer H&M surged to a record high yesterday, thanks to growth in Asia.

Icap Boss Michael Spencer under fire after £55m Libor scandal fine

Icap boss Michael Spencer was today told to “raise his game” after the firm was hit by an embarrassing £55 million fine for its role in the Libor scandal.

Hopes of economic recovery take double blow as GDP remains at 0.7%

Hopes of a broad-based recovery for the UK were dealt a blow today as official figures showed trade flat-lining and business spending falling steeply between April and June.

Fed fears caused £1.2bn Aberdeen pullout

Customers pulled out £1.2bn in funds from Aberdeen Asset Management ahead of the Fed’s announcement on its future monetary policy, it has emerged.  

A two bedroom maisonette to rent in Westbrook Gardens, Margate, at £150 per week, on with New Space Margate.

Rents now £1 away from highest ever level

Number of tenants up nearly 14% in last 12 months though 'reluctant landlords' figures are dropping

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Syria air strikes: ‘Peace President’ Obama had to take stronger action against Isis after beheadings

Robert Fisk on Syria air strikes

‘Peace President’ Obama had to take stronger action against Isis after beheadings
Will Lindsay Lohan's West End debut be a turnaround moment for her career?

Lindsay Lohan's West End debut

Will this be a turnaround moment for her career?
'The Crocodile Under the Bed': Judith Kerr's follow-up to 'The Tiger Who Came to Tea'

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BBC Television Centre: A nostalgic wander through the sets, studios and ghosts of programmes past

BBC Television Centre

A nostalgic wander through the sets, studios and ghosts of programmes past
Lonesome George: Custody battle in Galapagos over tortoise remains

My George!

Custody battle in Galapagos over tortoise remains
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Pack up your troubles: 10 best rucksacks for backpackers

Off on an intrepid trip? Experts from student trip specialists Real Gap and Quest Overseas recommend luggage for travellers on the move
Secret politics of the weekly shop

The politics of the weekly shop

New app reveals political leanings of food companies
Beam me up, Scottie!

Beam me up, Scottie!

Celebrity Trekkies from Alex Salmond to Barack Obama
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Beware Wet Paint

The ICA's latest ambitious exhibition
Pink Floyd have produced some of rock's greatest ever album covers

Pink Floyd have produced some of rock's greatest ever album covers

Can 'The Endless River' carry on the tradition?
Sanctuary for the suicidal

Sanctuary for the suicidal

One mother's story of how London charity Maytree helped her son with his depression
A roller-coaster tale from the 'voice of a generation'

Not That Kind of Girl:

A roller-coaster tale from 'voice of a generation' Lena Dunham
London is not bedlam or a cradle of vice. In fact it, as much as anywhere, deserves independence

London is not bedlam or a cradle of vice

In fact it, as much as anywhere, deserves independence
Vivienne Westwood 'didn’t want' relationship with Malcolm McLaren

Vivienne Westwood 'didn’t want' relationship with McLaren

Designer 'felt pressured' into going out with Sex Pistols manager
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Model mother

Jordan Dunn became one of the best-paid models in the world