UK investors rescue B & B cash call
Bradford & Bingley confirms that its plan to raise £400m has been rescued by a group of UK investors.

Deputy mayor resigns from office
London's deputy mayor Ray Lewis quits his post amid allegations of financial irregularities when he was a vicar.

Fuel thieves target haulage firm
A family-run haulage business in West Yorkshire is targeted by thieves looking for diesel fuel.

EU probe into BHP targeting Rio
The EU opens an in-depth probe into BHP Billiton's $170bn unsolicited bid for rival miner Rio Tinto.

Ban for 'debt services' operator
A man operating a debt advice business exposed by the BBC's Watchdog programme is banned.

Former Austrian bank boss jailed
The former head of one of Austria's biggest banks, Bawag, is convicted of fraud charges by a court in Vienna.

Rising living costs hit car sales
Rising fuel bills and living expenses have put the brakes on demand for new cars, a motor trade body says.

Hibs aiming to strengthen squad
Hibernian manager Mixu Paatelainen insists he is busy searching for new recruits despite a lack of transfer activity.

Baugur investigates switch to UK
Hamleys owner - Icelandic investment group Baugur - says it is examining ways to relocate to the UK.

Global shares slide across industries
Share prices fell across the world in all sectors as the economic gloom spreads.

Thieves leave homes without power
An airport, parcel sorting depot, homes and businesses lost power after thieves broke into an substation.

Air France eyes move to railways
Air France confirms it is in talks with French group Veolia about launching a high-speed rail service.

Recession in Asia is 'unlikely'
Growth in Asia may slow this year, but a recession is unlikely, the head of the Asian Development Bank says.

New aerospace training offered
Businesses on the Isle of Man have developed a & #34;groundbreaking & #34; aerospace apprenticeship programme.

BHP almost doubles Chinese prices
Mining giant BHP Billiton secures an deal to almost double prices for Chinese steelmaker Baosteel.

Fresh record for Indian inflation
Indian inflation reaches its latest record high as food, fuel, cement and steel prices continue to rise.

Tax credit to boost UBS results
Swiss bank UBS says it expects to report a small loss at worst for the second quarter after receiving a tax credit.

Australia's Origin scorns BG bid
Australia's Origin urges shareholders to reject a 13.8bn Australian dollar takeover bid from UK rival BG Group.

Man behind 'Bozo the Clown' dies
Larry Harmon, the man who popularised the show business character Bozo the Clown, dies of heart failure aged 83.

B & B fund-raising effort rescued
Efforts by Bradford & Bingley to raise £400m have been rescued after a would-be investor pulls out, the BBC learns.