Fashion house Burberry today reported a 50% profits surge driven by sales of leather handbags and its relaunched menswear business.

Further signs of imminent moves to bolster America's recovery sent the London market soaring today and offset falls among blue-chip banks.

Fashion house Burberry today said underlying revenues rose by 19% as new store openings helped boost sales in the first half of its financial year.

Fashion house Burberry hailed a 30% rise in underlying sales today as demand for its luxury goods continued apace.

Fashion house Burberry pledged to ramp up expansion today as it celebrated an “outstanding” 12% rise in underlying earnings for its 150th anniversary year.

Fashion house Burberry reported a 19% surge in second-half sales today as demand for its luxury handbags and trench coats showed no signs of slowing.

Burberry handbags and Carphone Warehouse’s deal with AOL provided sparkle to an otherwise lacklustre market today which struggled to hold on to gains made at the start of the week.

Carphone Warehouse shares surged today after the company announced a deal to buy the UK arm of internet provider AOL for £370 million.

Fashion house Burberry posted a 10% rise in sales today after it benefited from “extraordinary” demand for its new range of luxury handbags.

Fashion house Burberry posted higher first-half profits today but voiced fears that wholesale customers were not ordering as many of its clothes as before.

Fashion house Burberry delivered a 10% rise in first quarter sales today as it benefited from the impact of newly opened and refurbished stores.

Disappointment at the latest results from telecoms giant Vodafone helped put an end to a five-day winning streak by the FTSE 100 Index today.

Fashion house Burberry said today that updated versions of its trademark check had helped drive a 17% hike in annual profits to £164.4m (€239.2m).

The FTSE 100 Index survived a late scare from across the Atlantic today to register its first positive finish of the week.

Relief at weaker crude prices was bolstering oil-dependent stocks today and helped move the FTSE 100 Index higher.

Fashion house Burberry today said it expected annual earnings to be ahead of hopes, but said its UK business had continued to suffer.

Worse-than-expected economic news from across the Atlantic prompted a sell-off of London shares today.

Fashion house Burberry today announced a 7% rise in total third-quarter revenues, but said UK trading was disappointing.

Fashion house Burberry pledged to give shareholders a greater return from its success today after unveiling another strong set of trading figures.