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State-backed investor warns that ‘unwinding of previous unrealised gains may well continue over next 12-18 months

Search under way for survivors 12 nautical miles south-west of German island of Heligoland

Crew members feared trapped inside vessel off Heligoland, with one fatality and two rescued from water

Puzzle: simple but tricky

Regulator Ofgem proposes £16 annual bill surcharge to ensure suppliers are ‘resilient’

UK carbon market collapse lets Brussels benefit from revenues that would previously have gone to Treasury

Oliver Dowden says society is showing a lack of ‘moral clarity’ about importance of Jewish lives

UK property group decided to try to re-let the space in a sign of its confidence in London office market

A reinvention with online sales and click and collect has turned fortunes around

London-based institution faces spending millions of pounds to rebuild most digital services