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

* BP suffered two more blows yesterday, after it was kicked out of the FTSE's ethical investment index and forced to delay its financial results on account of mounting oil spill costs.

The Guardian

* 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.