Business news 

B&B shareholders forced to launch funding rescue

Bradford & Bingley’s largest shareholders step in after private equity group TPG pull out of a £179 million funding deal

Europe raises interest rate to 7-year high

European Central Bank presses ahead with rate rise in attempt to curb inflation despite growing political pressure

Barratt to cut 1,000 jobs in building crisis

Redundancies in the construction industry hit nearly 2,300 in just two days amid dramatic slowdown in the housing market

Sport News 

Mosley in F1 driving seat

Warring Grand Prix factions call truce as Bernie Ecclestone backs FIA President's plans for radical overhaul of sport

• Mosley was 'warned of plot against him'

• Mosley’s takeover plans spark FIA into action

Ronaldo injury adds to Real puzzle

Cristiano Ronaldo has been advised to have surgery on his right ankle and is expected to miss the start of the new season

England Twenty20 set to carry on regardless

ICC tournament will take place next year despite the issue of Zimbabwe, which remains unresolved after two days of talks

Comment 

Obama is giving his party whiplash

The Democratic nominee's policy pivots are causing anguish among liberals. He is no fool

• Gerard Baker

The Anglican wars are bad for all of us

If the pews of the Church of England empty, we'll lose an army of public-spirited volunteers

• Melanie McDonagh

This loyal soldier deserves promotion

Sir Richard Dannatt may be passed over but his forthrightness has helped government policy

• Allan Mallinson

Life & Style 

Paris couture: a credit crunch antidote

There may be (economic) trouble ahead, but while there's Mouret and Lacroix and Saab, life can still be perfectly glorious

Paella with monkfish and chorizo

Leave the barbecue to rust in the shed. Paella is simply the best thing there is for alfresco dining

How to get a pay rise

In the fifth and final part of our body language video series we look at how to negotiate a pay rise or promotion

Arts & Entertainment 

The top 10 fan versus band scuffles

When Amy Winehouse elbowed a fan in the head at Glastonbury, she joined a long list of performers: watch them on video

Hands off Amy Winehouse - respect the barrier

Amy Winehouse manhandled at Glastonbury? Fans should not cross the line, argues Steve Adams, of the Broken Family Band

Beck on his Modern Guilt

Fatherhood has made 38-year-old pop polymath Beck restless. Pete Paphides joins him house hunting in... Southampton