Business news 

US shares soar on Bush bailout pledge

American markets add to the global rally across the UK and Asia on plans to invest in US banks Watch our video

UK house prices to fall a further 10 per cent

Leading economists warn MPs the housing market is likely to plunge by a total 20% before making a recovery

Iceland shares plunge 76% as trading resumes

Bank stocks remain suspended as Icelandic officials begin negotiations with Russia over a €4bn loan to rescue economy

Sport News 

'I'm happy to play at Bernabeu', says Capello

England manager denies FA claim that he did not want to play there after the racist abuse

• Pressure on me to deliver, says Gerrard

• Football didn't interest me, says Walcott

Hamilton thrown to wolves in Shanghai after title trauma

Briton has many questions to answer before Chinese Grand Prix as he attempts to claim maiden championship

'I'm no good at PE ... honest', says Tom Daley

He's rubbish at football, but the young Olympian can add charm, modesty and confidence to his diving Curriculum Vitae

Comment 

Brown's boom will end only in bust

The Prime Minister is riding high in a time of crisis. But voters are unlikely to forget who got us here

• Rachel Sylvester

Brand USA needs urgent repair

The twin pillars of US policy have had their day. New ideas must replace them

• Francis Fukuyama

Where are our Nobel physics prizes?

Britain's proud contribution to the history of physics has been tarnished by lack of success

• Matthew Chalmers

Life & Style 

Tough love: a mother's painful lesson

A year after we reported on Hannah Mayne's addiction, we reveal how her mother's health and marriage have been affected

Got rich parents? Join the club

Are private memberships for well-heeled families breeding a new elite?

The new parking tickets that councils are writing

Local authorities have developed a lucrative way to fleece drivers: loading-bay fines. How do you fight the system?

Arts & Entertainment 

Can Escala strike the right chord?

They’ve escaped the orchestra pit to become Simon Cowell’s next big sexed-up thing. But can Escala be taken seriously?

Renaissance Faces at the National Gallery: review

Popes, princes and potentates rub shoulders in new exhibition of Renaissance portraits, says Rachel Campbell-Johnston

No celebrities at Michael Attenborough's Almeida

At the North London theatre the brightest stars are the plays themselves, its director tells Benedict Nightingale