A bankrupt stockbroker who defrauded millions of pounds from some of Britain’s shrewdest business people was today ordered to pay a nominal £1 (€1.17) fee.

Ireland returned to the Glasgow Gailes Links on the Ayrshire coast at the crack of dawn to complete their battle with Scotland in the Men’s Home Internationals after rain halted play last night.

Banking stocks suffered more heavy losses today as the latest wave of market turmoil wiped another 2.5% from the value of the FTSE 100 Index.

Richard Branson and other business leaders will warn this week that the world is hurtling towards an "oil crunch" to match the financial crisis within five years.

Megabus operator Stagecoach extended its fleet today by taking delivery of Britain’s longest coach – the first of a 45-vehicle investment.