Metro Bank opened its doors this morning. Photograph: Graeme Robertson “The British banking revolution begins today,” claimed Metro Bank. But many experts were underwhelmed by its first set of products and the lack of introductory offers. “The rates generally aren’t... 

The Bank of England is in to hurry to raise interest rates, Mervyn King says. Photograph: Toby Melville/Reuters Mervyn King today signalled the Bank of England is in no hurry to raise rates today as he warned several risks remained to the recovery. Speaking to the cross-party Treasury select... 

Steve Jobs announces the iPad on January 27, 2010 in San Francisco. Photograph: Ryan Anson/AFP/Getty Images Record sales of Mac computers and strong demand for the iPad has helped Apple post its highest ever quarterly earnings. Steve Jobs declared last night that Apple had enjoyed a “phenomenal... 

Richard Desmond: paying £103.5m for Channel Five. Photo by Dan Chung Photograph: Dan Chung Channel Five has been sold to Richard Desmond, owner of the Daily Express, for £103.5m. RTL Group announced at shortly after 5pm that it had signed an agreement for the sale of Five Group to Desmond’s... 

Rex Bionics Hayden Allen, who injured his spinal cord five years ago, tests out Rex, the robotic exoskeleton. “I’ll never forget what it was like to see my feet walking under me the first time I used Rex,” said Hayden. Wheelchair users were given hope of improved mobility Thursday as a New... 

The Duke Semans mansion, located on the corner of 82nd Street and 5th Avenue in New York, will not be a residence for Carlos Slim. Photograph: Daniel Acker/Bloomberg News Mexican telecoms billionaire Carlos Slim, reputed to be the world’s richest man, has splashed out m (£28m) on an...