Ben Chu

Ben Chu is The Independent's Deputy Business Editor and economics writer. Previously he was the newspaper's chief leader writer.

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BA’s pension scheme has total liabilities of £29.2bn, and its assets are valued at £29.3bn, meaning that it is, just, in surplus

British Airways sacks chair of pension fund after reports of a row over investment strategy

The airline has confirmed that Paul Spencer’s five-year contract will not be renewed after it expires at the end of next month

Larry Fink, the boss of fund manager BlackRock , is among those sounding the alarm

Not all discounts are welcome: Beware the myopia of company bosses

If we turn a blind eye to this problem, we are in danger of excessively discounting our own future prosperity

Sources at the SFO said they expected Lord Howard to be accompanied by a lawyer

Michael Howard: Former Tory leader faces questions by SFO over oil deal corruption claims

Allegations are believed to relate to the manner in which Soma Oil & Gas obtained exploration and drilling rights in Somalia

IMF staff are currently unwilling to take part in the new €86bn (£60bn) bailout for Greece

Greece debt crisis: IMF staff baulk at signing up to new bailout deal

Objections from fund’s economists throw Athens rescue into doubt all over again

A young person in the UK is now twice as likely to be poor as a pensioner

Britain is no country for the young – in jobs, income or housing

Until young people start mobilising to force their desperate circumstances on to the political agenda – they can expect more of the same

Apple has accumulated piles of cash – how should it spend it?

Are shareholders taking too big a bite of the profits apple?

The Bank of England’s chief economist is the latest to warn that companies’ dividend payouts are too high while investment is too low

Jeremy Corbyn wants to reverse the privatisation of the railways

Privatisation is not good or bad in itself. Rather there are good and bad privatisations

Ideology can contribute nothing to debates about privatisation

Martin Wheatley says the disregard of ethics in the industry was ‘shocking’

Martin Wheatley still has 'unfinished business' at financial regulator FCA

Chief executive dismissed by Chancellor makes it clear he is not going willingly

Bloomberg’s domination of instant communications in the financial world is under threat

Banks take on Bloomberg with new instant messaging service

Symphony Communication Services will launch its new secure instant messaging service on 3 August

A Greek protester casts German leader Angela Merkel in the role of villain. Neither side is blameless
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Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks
The haunting of Shirley Jackson: Was the gothic author's life really as bleak as her fiction?

The haunting of Shirley Jackson

Was the gothic author's life really as bleak as her fiction?
Bill Granger recipes: Heading off on holiday? Try out our chef's seaside-inspired dishes...

Bill Granger's seaside-inspired recipes

These dishes are so easy to make, our chef is almost embarrassed to call them recipes
Ashes 2015: Tourists are limp, leaderless and distinctly UnAustralian

Tourists are limp, leaderless and distinctly UnAustralian

A woefully out-of-form Michael Clarke embodies his team's fragile Ashes campaign, says Michael Calvin
Blairites be warned, this could be the moment Labour turns into Syriza

Andrew Grice: Inside Westminster

Blairites be warned, this could be the moment Labour turns into Syriza
HMS Victory: The mystery of Britain's worst naval disaster is finally solved - 271 years later

The mystery of Britain's worst naval disaster is finally solved - 271 years later

Exclusive: David Keys reveals the research that finally explains why HMS Victory went down with the loss of 1,100 lives
Survivors of the Nagasaki atomic bomb attack: Japan must not abandon its post-war pacifism

'I saw people so injured you couldn't tell if they were dead or alive'

Nagasaki survivors on why Japan must not abandon its post-war pacifism
Jon Stewart: The voice of Democrats who felt Obama had failed to deliver on his 'Yes We Can' slogan, and the voter he tried hardest to keep onside

The voter Obama tried hardest to keep onside

Outgoing The Daily Show host, Jon Stewart, became the voice of Democrats who felt the President had failed to deliver on his ‘Yes We Can’ slogan. Tim Walker charts the ups and downs of their 10-year relationship on screen