News A referendum will be held by the end of 2017 if the Conservatives win the next election

Sir Nicholas Macpherson is accused of trying to scare the public into a Yes vote in an EU referendum

Joss Stone, Oran Mor, Glasgow

Elegant, mature and back on track

We're not complacent on economy, says Brown

Gordon Brown insisted today that he was "never complacent" about the economy after one of his key ministers sparked controversy by claiming that she had seen the "green shoots of recovery".

Ryanair boss: airline industry needs a recession

The recession could lead to just four European airlines surviving, the boss of budget carrier Ryanair predicted today.

Lufthansa takes ailing BMI under its wing in €400m deal

Virgin Atlantic pitches for tie-up with carrier to rival BA's alliance with American

Pursuit of Glory could find pay dirt too elusive

The expansion of the Breeders' Cup gives rise to a conundrum familiar to Cheltenham, among other places. Is it possible to add so many races, without adulterating the essential quality? To many visitors here, over the next couple of days, the cordial answer will be: "Who cares?" For the increased breadth of opportunity has palpably renewed European interest – not least because the dirt races, this year, are so much less intimidating on a new, artificial surface.

Muslims accused of aircraft bomb plot to face retrial

Seven young British Muslims are to be retried for plotting to blow up transatlantic passenger jets using home-made liquid explosives in soft drink bottles.

Glasvegas, Queen Margaret Union, Glasgow

To a Scots crowd, Glasvegas may be victims of the Irvine Welsh effect. Feted as sharp-tongued poets of the gutter whose mastery of dialect and intonation evokes a life experience that most will be unfamiliar with, they sound pretty normal north of the border.

No Pain, No Gain: Give cold-calling share-pushers the cold shoulder

For my sins, I once held a few shares in a retailer called Upton & Southern. It was transmogrified into a headhunter with the rather more impressive title of Constellation Corporation, and then, following an extensive capital reorganisation, re-emerged under the name Garner.

BA seeks clearance for transatlantic alliance

British Airways has sealed its alliance with American Airlines (AA) and Iberia over trans-atlantic flights – all that remains is to get past the regulators.

Death Cab For Cutie, Koko, London

Ever since Death Cab for Cutie appeared on The OC, they started to see the adulation and mainstream success they receive at home filter across the Atlantic. Tonight's iTunes gig is a warm-up for their sold-out show in Brixton Academy and emo and indie fans are queuing round the venue.

LSE to launch Baikal trading platform with Lehman Bros

The London Stock Exchange has fired a broadside in the battle for domination in European shares trading, as it prepares to launch an electronic trading platform with Lehman Brothers which will go head-to-head with rivals from September.

President's 'final' Euro tour

George Bush arrives in Slovenia tomorrow at the start of a European tour that has been billed as his final attempt to gain support on the continent for his international agenda.

David Prosser's Outlook: Business class-only travel was a brilliant theory – but Silverjet's timing sucked

It's not a huge leap to imagine a carrier such as easyJet launching business class-only services at competitive prices

Gitana 80 closes on leader

Loick Peyron, seeking his third win in the singlehanded transatlantic race closed the gap in Gitana 80 on leader Vincent Riou's PRB as the pair approached both the ice gate and the 1,000-mile post to the finish yesterday.

BA in talks with American and Continental

British Airways said yesterday that it was "exploring opportunities" with American Airlines and Continental Airlines that rivals fear could be the first step towards the creation of an industry goliath that would have a hugely dominant position at Heathrow.

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