A Chicago development group is suing US heiress Nicky Hilton for breach of contract over a delayed hotel renovation project.

Bookmaker Ladbrokes looked forward to a summer of sport today after posting a 5% hike in profits in the first four months of the year.

The London market continued its good run today as mining and leisure stocks lifted the FTSE 100 Index to a fresh four-and-a-half year high.

A five-year high for Tokyo’s Nikkei index brought some sparkle to trading in London today as shares continued to push away from the 5600 barrier.