Business news 

RBS plunges in rout of banking shares

Banks crash, led by a 39% fall in RBS shares, on fears the Treasury may have to take a £50bn stake in high street lenders

A&L fined record £7 million for mis-selling

Regulator awards largest-ever penalty to UK lender after discovering 'serious' failings on payment protection policies

Manufacturing fall raises rate cut hope

Dismal figures indicate that economy has already entered a recession as calls for half-point rate cut intensify

Sport News 

Terry sits out England training

England captain sits out with back injury but tells his creative players to play without restraint against Kazakhstan on Saturday

Portsmouth to meet AC Milan in Uefa Cup

Harry Redknapp's team will play the tournament favourites in the group stages of the competition and Aston Villa face Ajax

Ballesteros taken to hospital

The man who revived the fortunes of European golf in the 1970s and 1980s briefly lost consciousness after dizzy spell

Comment  

If he looks like a cop, it's a problem

The police want to be independent of politicians; the important thing is to be independent of each other

• Daniel Finkelstein

One crisis + 33 ministers = indecision

Gordon Brown has moved a lot of chairs around but seems to have found answers harder to come by

• Alice Miles

Don't worry, things could still get better

A leading scientist argues that evolution is over. But Man's ingenuity may yet improve the species

• Magnus Linklater

Life & Style 

Barbara Berlusconi: ethics girl

Being the daughter of Italy's Prime Minister does not stop the 24-year-old going her own way; with her father's blessing

Lisa Armstrong's Ministry of Fashion

It's make do and mend time, even for dedicated followers of fashion. Here are ten ways to modify your wardrobe for winter

Beauty surgery: Catherine Zeta-Jones

An unfortunate make-up malfunction has left the usually glamorous and polished actress resembling an Oompa Loompa

Arts & Entertainment 

Rafael Vinoly's plans for London

He fled a dictatorship to become one of the world's leading architects. Now he wants to transform London's skyline

Nice building, Saatchi, but the art could be better

After a three-year search for a site, a new Saatchi gallery in the King's Road, Chelsea finally opens to the public

Harry Enfield starts row with Philippines

A diplomatic incident has broken out in Manila over a BBC comedy sketch satirising the sexual exploitation of a Filipina maid