News The iconic British brands sold 425,006 vehicles in 2013 - up 19 per cent on 2012

Iconic British brands sold 425,006 vehicles in 2013 - up 19 per cent on 2012 - and set records in 38 international markets

Private Investor: Time to switch on to the power generators

With fears of a global recession and continued turbulence in financial markets, 2008 has not been a particularly rewarding year so far for investors. In such difficult times, it can pay to explore investments that are well positioned for a longer-term favourable theme rather than those dependent on a highly unpredictable economic cycle. One theme such theme with this positive outlook is global power.

TV ad revenues set to rise despite slowdown

Global television advertising revenues are expected to grow by nearly 6 per cent to $123bn (£61bn) this year, despite fears of an economic downturn.

Thomas Cook pays £22m for Hotels4U

Thomas Cook has snapped up hotel booking website Hotels4U.com for £21.8m.

Thomas Cook acquires booking website

A hotel booking website set up in 2003 was today snapped up by holidays giant Thomas Cook in a deal worth £21.8 million.

Hargreaves lifts profits despite upheaval

Investment management firm Hargreaves Lansdown today shrugged off the turmoil in global markets to post a 58-per-cent rise in profits.

Business confidence in UK falls to 5-year low

Business confidence in Britain has fallen to its lowest level since 2003, a new study from the Institute of Chartered Accountants in England and Wales (ICAEW) will reveal today.

Vale holds takeover talks with Xstrata

The Brazilian mining giant Vale do Rio Doce has confirmed it has held preliminary takeover talks with the Anglo-Swiss company Xstrata, which analysts said could lead to a deal worth more than £50bn.

Pace takes over Philips set-top box arm

Pace Micro has become the third-largest set-top box maker in the world after snapping up the set-top box arm of Philips, the Dutch consumer electronics giant, in a 68m deal.

Fragile Things, by Neil Gaiman

Strange snippets and magical moments from a tantalising talent

WORLD MARKETS: London

BUBBLING merger and acquisition talk underpinned the market, with Cadbury Schweppes and the tobacco titan Gallaher both higher on speculation they could be takeover targets. The FTSE 100 closed up 44.2 at 5,044.2, striking out the initial close reported on dealers' screens of 5,005.0.

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