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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The real gift to the younger generation this year would be solving the productivity puzzle

This week highlights the financial stretch between wanting everyone to have a good time and worrying about the cost of it all

Britain is second only to the United States in the proportion of Gross Domestic Product (GDP) that is consumed, 66 per cent of GDP against 73 per cent in the States

There’s one thing we Brits still lead the world at...

... online shopping; and at shopping in general we come second only to the US. It’s just a shame we don’t buy pensions much

Hamish McRae: The big question now is to what extent global equity prices are dependent on QE and monetary policy

Economic View: The UK may be the first major country to increase interest rates

Despite the economic misery of the last five years, Europe remains a success story…as Malta’s passport sale clearly demonstrates

Now the target is human capital – clever, talented and rich people

Carney is learning fast after his less than happy start

The governor is taking a judgement about the appropriate level of the price of a major asset class

Three-quarters of Britain’s active cranes are in London and the Home Counties

There's too much reliance on house prices for growth

As the market continues to improve at a rapid rate, consumers are spending more - but a sharp rise in interest rates could make the bubble burst again

Autumn Statement 2013: We need growth or the glimmer on the horizon will turn into a mirage

Osborne’s tone was reminiscent of the early years of Gordon Brown

Hamish McRae: As its population ages and inflation stalls, Europe is becoming more like Japan than it might like to admit

Economic View: The reason Japan stagnated is because it did not want to make structural reforms

The Chancellor’s Autumn Statement should have good news on the deficit and employment – even if the national debt remains disturbingly high

Things are looking up for the economy, but don't get too excited

The Chancellor's Autumn Statement should have good news on the deficit and employment – even if the national debt remains disturbingly high

Hamish McRae: Germany has got itself a new government, but how will it face the social challenges ahead?

The deal is a compromise, as it must be, and one that highlights sharply the tension within the country

Day In a Page

A History of the First World War in 100 Moments: Peace without magnanimity - the summit in a railway siding that ended the fighting

A History of the First World War in 100 Moments

Peace without magnanimity - the summit in a railway siding that ended the fighting
Scottish independence: How the Commonwealth Games could swing the vote

Scottish independence: How the Commonwealth Games could swing the vote

In the final part of our series, Chris Green arrives in Glasgow - a host city struggling to keep the politics out of its celebration of sport
Out in the cold: A writer spends a night on the streets and hears the stories of the homeless

A writer spends a night on the streets

Rough sleepers - the homeless, the destitute and the drunk - exist in every city. Will Nicoll meets those whose luck has run out
Striking new stations, high-speed links and (whisper it) better services - the UK's railways are entering a new golden age

UK's railways are entering a new golden age

New stations are opening across the country and our railways appear to be entering an era not seen in Britain since the early 1950s
Conchita Wurst becomes a 'bride' on the Paris catwalk - and proves there is life after Eurovision

Conchita becomes a 'bride' on Paris catwalk

Alexander Fury salutes the Eurovision Song Contest winner's latest triumph
Pétanque World Championship in Marseilles hit by

Pétanque 'world cup' hit by death threats

This year's most acrimonious sporting event took place in France, not Brazil. How did pétanque get so passionate?
Whelks are healthy, versatile and sustainable - so why did we stop eating them in the UK?

Why did we stop eating whelks?

Whelks were the Victorian equivalent of the donor kebab and our stocks are abundant. So why do we now export them all to the Far East?
10 best women's sunglasses

In the shade: 10 best women's sunglasses

From luxury bespoke eyewear to fun festival sunnies, we round up the shades to be seen in this summer
Germany vs Argentina World Cup 2014: Lionel Messi? Javier Mascherano is key for Argentina...

World Cup final: Messi? Mascherano is key for Argentina...

No 10 is always centre of attention but Barça team-mate is just as crucial to finalists’ hopes
Siobhan-Marie O’Connor: Swimmer knows she needs Glasgow joy on road to Rio

Siobhan-Marie O’Connor: Swimmer needs Glasgow joy on road to Rio

18-year-old says this month’s Commonwealth Games are a key staging post in her career before time slips away
The true Gaza back-story that the Israelis aren’t telling this week

The true Gaza back-story that the Israelis aren’t telling this week

A future Palestine state will have no borders and be an enclave within Israel, surrounded on all sides by Israeli-held territory, says Robert Fisk
A History of the First World War in 100 Moments: The German people demand an end to the fighting

A History of the First World War in 100 Moments

The German people demand an end to the fighting
New play by Oscar Wilde's grandson reveals what the Irish wit said at his trials

New play reveals what Oscar Wilde said at trials

For a century, what Wilde actually said at his trials was a mystery. But the recent discovery of shorthand notes changed that. Now his grandson Merlin Holland has turned them into a play
Can scientists save the world's sea life from

Can scientists save our sea life?

By the end of the century, the only living things left in our oceans could be plankton and jellyfish. Alex Renton meets the scientists who are trying to turn the tide
Richard III, Trafalgar Studios, review: Martin Freeman gives highly intelligent performance

Richard III review

Martin Freeman’s psychotic monarch is big on mockery but wanting in malice