Hamish McRae

One of the country’s most respected financial journalists and commentators Hamish McRae is an associate editor of The Independent. He was named Business and Finance Journalist of the Year 2006 at the British Press Awards.

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Hamish McRae: Despite the danger of deflation, cheaper energy is a bonus to the world

Economic View: As so often in economics, a plus may, in the short term at least, seem a minus 

US midterm elections: Political gridlock will continue, but the economy recovers nonetheless

Federal reserve action and the fracking revolution have helped President Obama lead a faster economic recovery than the rest of the west

Tesco must adapt or go under, but it’s hard for a super-tanker to change course

Why Tesco's troubles will have a long shelf-life

The once mighty supermarket has stumbled into a new  retail landscape in which the old rules no longer apply

Saudi Arabia’s oil production looks set to be overtaken by the United States within a couple of years. It may have already happened

Hamish McRae: The US oil boom is helping to power global growth but we don’t know how sustainable it will be

Economic View: Falling energy prices boost growth in consuming countries. We can feel that here in the UK

The baffling world of economic stats, where drug dealing counts towards GDP but working in a charity shop doesn’t

The economy was larger than previously thought. The recession not as bad as estimated

Remember the 'fiscal cliff'? Well, it seems the US has scaled it

If you're large, flexible and inventive, you can get away with some massive economic mistakes

Now’s the time to get the public finances in order so the next recession won’t hurt as much as the last one

The house price boom really cannot continue and interest rates will inevitably rise

Now back to the big question: what's wrong with the eurozone?

There are worrying forecasts that the entire bloc will show barely any growth for the next five years

An independent Scotland might find itself unable to guarantee the deposits of savers in the event of another financial crisis, the Treasury has warned

Scottish referendum: this will give Scotland’s economy an immediate bounce

The publicity the vote has generated will help boost business

The Bank of England’s rate setters were suitably cautious over the direction of the eurozone, but it’s clear the UK is a growing economy

Hamish McRae on global cycles: The trick is to position ourselves to cope with the downturns

In terms of unemployment this recent recession was not as serious as the previous ones

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Day In a Page

US immigration: President Obama ready to press ahead with long-promised plan to overhaul 'broken system' - but will it get past a Republican-controlled Congress?

Immigration: Obama's final frontier

The President is ready to press ahead with the long-promised plan to overhaul America's 'broken system' - but will it get past a Republican-controlled Congress?
Bill Cosby rape allegations explained: Why are these allegations coming out now? Why didn’t these women come forward earlier? And why has nobody taken legal action?

Bill Cosby rape allegations explained

Why are these allegations coming out now? Why has nobody taken legal action? And what happens next for the man once thought of as 'America's Dad'
Four years of excruciating seizures caused by the 1cm tapeworm found burrowing through a man's brain

You know that headache you’ve got?

Four years of excruciating seizures caused by the 1cm tapeworm found burrowing through a man's brain
Travelling to work by scooter is faster than walking and less sweaty than cycling, so why aren’t we all doing it?

Scoot commute

Travelling to work by scooter is faster than walking and less sweaty than cycling, so why aren’t we all doing it?
Paul Robeson: The story of how an American icon was driven to death to be told in film

The Paul Robeson story

How an American icon was driven to death to be told in film
10 best satellite navigation systems

Never get lost again: 10 best satellite navigation systems

Keep your vehicle going in the right direction with a clever device
Paul Scholes column: England must learn to keep possession and dictate games before they are exposed by the likes of Germany and Brazil

Paul Scholes column

England must learn to keep possession and dictate games before they are exposed by the likes of Germany and Brazil
Michael Dawson: I’ll thank Spurs after we win says defender as he prepares to return with Hull

Michael Dawson: I’ll thank Spurs after we win

Hull defender faces his struggling former club on Sunday ready to show what they are missing. But he says he will always be grateful to Tottenham
Frank Warren column: Dr Wu has big plans for the professionals yet he should stick to the amateur game

Frank Warren column

Dr Wu has big plans for the professionals yet he should stick to the amateur game
Synagogue attack: Fear unites both sides of Jerusalem as minister warns restoring quiet could take 'months'

Terror unites Jerusalem after synagogue attack

Rising violence and increased police patrols have left residents of all faiths looking over their shoulders
Medecins sans Frontieres: The Ebola crisis has them in the headlines, but their work goes far beyond West Africa

'How do you carry on? You have to...'

The Ebola crisis has Medecins sans Frontieres in the headlines, but their work goes far beyond West Africa
Isis extends its deadly reach with suicide bombing in Kurdish capital

Isis extends its deadly reach with suicide bombing in Kurdish capital

Residents in what was Iraq’s safest city fear an increase in jihadist attacks, reports Patrick Cockburn
Underwater photography competition winners 2014 - in pictures

'Mysterious and inviting' shot of diver wins photography competition

Stunning image of cenote in Mexico takes top prize
Sir John Major: Negative West End portrayals of politicians put people off voting

Sir John Major hits out at theatres

Negative West End portrayals of politicians put people off voting
Kicking Barbie's butt: How the growth of 3D printing enabled me to make an army of custom-made figurines

Kicking Barbie's butt

How the growth of 3D printing enabled toy-designer to make an army of custom-made figurines