BoE unanimity on rates crumbles

Two MPC members vote for a rise in first split in more than three years

Carillion abandons pursuit of Balfour Beatty

Move follows target’s latest rejection of offer

Juppé lays down gauntlet to Sarkozy

Former PM to run for centre-right in French presidential poll

Glencore plans $1bn share buyback

Move steals a march on rivals BHP Billiton and Rio Tinto

France calls for action to combat Isis

Hollande seeks international conference on Iraq security

Russian market woes hit Carlsberg

Danish brewer’s shares fall after second profit warning this year

EBA reveals bank stress test templates

Simple documents aim to improve eurozone lenders’ transparency

Citi eyes Japan retail banking exit

Move is part of global review of operations

Norway oil fund sets out expansion plans

The $885bn fund plans to rapidly expand property portfolio

Isis claims to behead US journalist

UK foreign secretary says video appears genuine

Ballmer leaves Microsoft board

Former chief executive to keep his 4% stake in software group

Argentina proposes voluntary debt swap

Plans aimed at evading US court ruling

Comment and Analysis

Weaker pound just what the BoE ordered

Rate expectations look likely to provide some support

Donors demand Israel lifts Gaza blockade

UN agencies urge that regime be relaxed to help reconstruction

Innovation disrupted by warring gurus

The use of hindsight to reformulate a question so it validates one’s original thesis is widespread

Best comments from our readers

"My fear is that Google's (and Facebook's) efforts in this area will focus on 'extending' commercial reach into the sub-13 market. What parents of sub-teens and teens need is sensible and proportionate account frameworks for gradually giving children more digital freedom - with the emphasis on gradually."
By P Mills on Google considers creating child accounts


"Jobs are created by businesses. Businesses thrive in an environment where prices give clear signals of supply and demand, where it makes more sense to invest in capital rather than borrow money at ZIRP in order to buy back shares, inflate EPS, and boost executive bonuses - leaving the next CEO to fix the balance sheet when the effect of the monetary heroin wears off."
By MarkGB on Keep rates low until the hidden jobless return to work


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