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Saturday Papers: US stocks gain on strong wholesale inventories data - other news

And China’s trade surplus dropped in August from $28.7bn in July to $20.03bn.

* John Varley, outgoing chairman of Barclays, turned down job of succeeding HSBC chairman Stephen Green.

The Independent

* Laura Ashley, purveyor of floral patterned prints to the nation, has shrugged off the uncertain consumer environment to put in a "thriving performance" in the first half.

* Factory gate inflation fell to a six-month low in August, official data revealed yesterday.

Daily Express

* JD Wetherspoon enjoyed a record performance with pre-tax profits in the year to July 25 up 7% at £71 million on sales 4% ahead at £996.3 million.

* Shares in property website Rightmove were on the move yesterday amid hopes it will attract a private equity buyer.

* Stockbroker Arden Partners yesterday lost more than a fifth of its value after sounding a profits warning.

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