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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Putin has thrown £30bn at the winter games

Russia's Winter Olympics party hides the economic truth

President Putin's willingness to blow $50bn on the Sochi Games shows a weakness shared by those other emerging markets: Brazil, India and China

Big country: Morzine connects to the vast Portes du Soleil

Hamish McRae: Now that the economy is moving decently, it is important policymakers do not muck things up

Economic View: Better for the Bank to make an early start on the path to normality than move too late

Russia doesn’t seem to care that it has had to spend stupid money in order to host the Winter Olympics. Maybe it should

The Games are stunningly, ludicrously, absurdly expensive. To take a round figure they look like costing $50bn

Michael Gove has suggested Moocs be used in schools to broaden the curriculum

A better quality of life does not have to cost a thing

Technology is improving our existence in ways that don't show up in the GDP figures, which is tricky for the politicians – but great for the rest of us

After a decade of pre-eminence, the balance of the world economy is tilting away from the BRICS

While these countries were growing so fast… we tended to ignore the warning signs

Mark Carney's speech implied there would be no early rise in interest rates

Carney should learn the discipline of burgernomics

He can try to talk down sterling, but the Big Mac index, based on the cost of one of the world’s favourite fast food item, shows it’s just about right

Hamish McRae: Good job figures and bad growth or good growth and poor jobs - a transatlantic tale of two recoveries

Economic View: In the past, there may have been more people working in the informal economy

A ray of sunshine for Detroit. The motor business is roaring back to life

The auto market is both a symbol of recovery and a driver of it

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Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam