A Chancellor and Governor who aren’t at war – we’d better get used to it

My week: Discord between the Chancellor of the Exchequer and the Governor of the Bank of England is such a distant memory that is was interesting to hear both incumbents of the roles dig deep into the history books to find some at the annual Mansion House bankers’ dinner on Thursday night.

Mark Leftly: We're down in the dumps about research and science is suffering

Westminster Outlook In the shadow of Augustus Pugin's final and finest architectural gift to the nation, a 156-year-old clock tower that is the most city-defining example of the 19th century Gothic revival, Westminster hacks revel in "data dumps".

Mark Leftly: Builders, recruit an MP who understands housing crises

Westminster Outlook Pre-coalition, Sarah Teather was the go-to Liberal Democrat for current affairs journalists.

It's not a dish that Sainsbury's sells, but Justin King is tasting revenge

Outlook Good on Justin King for dissing his rivals in his final days in the job. Like all modern day chief executives, he more usually trots out the platitudes about "we welcome competition" whenever asked about his fellow grocers.

Unfortunately, this isn't the answer to all our PFI woes

Outlook This week's exit by Northumberland County Council from its local health trust's onerous hospital PFI contract with Lend Lease saved taxpayers millions, but can it be replicated?

Hamish McRae: Jobs are being created faster than at any time since records began – but wages, it seems, remain stubbornly low. What's going on?

Economic View: In the last boom we had false signals from inflation. Now we're getting false signals on pay

Cancelled Airbus order is the superjumbo in the room

Outlook You can't blame Airbus's sales chief for claiming the biggest cancellation of an order in aviation history was no big deal. He's a salesman – turd varnishing goes with the job.

A regulator too far? Icap chooses to stand and fight EU over Libor

Outlook Regulatory agencies: are you running short of funds? Why not skewer the banks and brokers involved in the Libor scandal? It's not as if it will take an awful lot of work. Just use what has already been completed by the authorities in Britain and the United States as a template. Then release the hounds!

James Moore: Survey reveals... unwelcome truth for insurance industry

Outlook The City has a whole industry devoted to studies and surveys. Just occasionally one of them has something interesting to say, beyond claiming that 67 per cent of the 500 people who happened to click on superdupercompany.com while browsing last Thursday agree that the world would be a better place if more people did business with superdupercompany.com.

James Moore: Sudden burst of interest in interest-only borrowers

Outlook Has the warm weather sparked off an unusual outbreak of harmony in the City? The Council of Mortgage Lenders says its members have at least contacted the majority of customers with interest-only loans that are due to mature by 2020.

Chris Blackhurst: A nation of shopkeepers got to taste the difference when Justin King took charge of Sainsbury's

Midweek View: He was in the vanguard of the new breed of egalitarian bosses: out went the pinstripes - titles were banished
Deadly job: More than 1,000 garment workers were killed in the Rana Plaza factory collapse

Satyajit Das: The West wrings its hands over Asian workers, but carries on robbing them

DAS CAPITAL: In April 2013, the Rana Plaza, an eight-storey complex of clothing factories near Dhaka, Bangladesh, collapsed, killing more than 1,100. With its garments intended for export, the Rana Plaza incident quickly became “framed” from a Western perspective.

Bloodied Sports Direct refuses to throw in the towel

OUTLOOK:  Seconds out, round four, or should that be three? PR advisers to Sports Direct, the owner of famed boxing brand Lonsdale, are insistent it’s the latter. Others beg to differ.

TSB: Will this one-trick pony give trusting investors a kick in the teeth?

OUTLOOK: Is TSB a model bank? The sort of UK-only supporter of homebuyers, savers and small businesses we’d all like banks to become?

Talking point: Dr Steven Peters will be on hand in Brazil during the World Cup

Steve Peters: Making money by managing the ‘inner chimp’

The self-styled ‘mind mechanic’ Steve Peters is best known for his motivational work with England footballers. But, he tells Russell Lynch, it’s his advice to businesses that pays the bills

News
Demonstrators carry placards as they gather for an anti-fracking protest in London last week
As developers get set to bid in the UK’s biggest sale of onshore gas licences, the commercial benefits of drilling remain far from clear
News
GlaxoSmithKline Chinese headquarters
We’ll just have to wait and see if Sir Andrew’s apparent wit goes hand in hand with the wisdom to cure GSK’s problems, says James Moore
News
Burberry is opening new stores in San Francisco and Los Angeles this autumn
From discount to luxury, UK brands are vying to conquer the States. Laura Chesters asks if they can succeed in a graveyard for our retailers
News
Amazon founder Jeff Bezos is obsessed by sales
As its new smartphone makes its debut, it is sometimes hard to keep track of what Amazon does. And that's not a good sign
News
When God was giving out the moral outrage, Wall Streeters were inventing credit-default swaps. It's no surprise Ackman failed to take down Herbalife, says Mark McSherry
News
Fallen star Bo Xilai in court, in September last year; he was given a life sentence
The rules are subtle and unspoken, finds Evan Osnos , as he learns the dark arts from a master
News
A brand new prescription: ‘Only using healthy mice and rats to find cures for ill humans is old-fashioned,” says George Freeman
The UK’s first-ever minister for life sciences tells Margareta Pagano about his new role at the departments of business and health, transforming how the UK develops and finances medicine
News
Rich, young Russians won’t dump their English lives unless they have absolutely no other option, says Jim Armitage
News
It’s not a question of if, but when... interest rates have been kept artificially low for long enough, says Hamish McRae
News
There may be trouble ahead … David Levy has very rarely been wrong in his forecasts
David Levy’s family has correctly called every major financial event in the US for decades. Now he’s warning of a global recession next year. Bernard Condon investigates
News
A 1930 image of the Karl Albrecht Spiritousen and Lebensmittel shop, Essen. The shop was opened by Karl and Theo Albrecht’s mother; the brothers later founded Aldi
The retailer is on its knees, thanks to a German war veteran who turned the family grocers into the Aldi chain, writes Tony Paterson
News
It was Paul Fisher’s job to oversee and implement quantitative easing
Paul Fisher has left the Bank of England’s Monetary Policy Committee after five years. He tells Ben Chu what Threadneedle Street got right and why the Bank behaved properly over forex
Arts and Entertainment
Tycoons' text: Warren Buffett and Bill Gates both cite John Brookes' 'Business Adventures' as their favourite book
Warren Buffett and Bill Gates are big fans of an out of print 1960s business book. Seth Stevenson explores why
News
News
Analysis: Some feel that Philip Clarke didn't get enough of a chance to prove himself
Voices
Mr Osborne, who is on a two-day trip to India with Foreign Secretary William Hague, said the two countries would see greater investment in each other’s economies and more job creation.
The young have been hurt the most by recession. They don't vote Tory and can't buy a house, so who cares?, writes David Blanchflower
News
One of the lines on the Metro do Porto network crosses the Dom Luis bridge
An interest rate swap arrangement has ended up costing a Portuguese state-owned transport company a fortune. So did it really understand the pages and pages of algebra in the contract, asks Jim Armitage
News
Is the new bank likely to be of much use? The emerging countries have done pretty well without it, says Hamish McRae
Life and Style
The value of Ruby Roman grapes has rocketed since they were first put on the market in 2008, finds Beckie Smith
News
Shopping centres, like the Hammerson one proposed for Leeds, have created opportunities, but more needs to be done
The death of traditional industries has left the region in need of regeneration. Retail developers are moving in – but is the Government doing enough to help? Laura Chesters investigates
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Day In a Page

Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
How live cinema screenings can boost arts audiences

How live cinema screenings can boost arts audiences

Broadcasting plays and exhibitions to cinemas is a sure-fire box office smash
Shipping container hotels: Pop-up hotels filling a niche

Pop-up hotels filling a niche

Spending the night in a shipping container doesn't sound appealing, but these mobile crash pads are popping up at the summer's biggest events
Native American headdresses are not fashion accessories

Feather dust-up

A Canadian festival has banned Native American headwear. Haven't we been here before?
Boris Johnson's war on diesel

Boris Johnson's war on diesel

11m cars here run on diesel. It's seen as a greener alternative to unleaded petrol. So why is London's mayor on a crusade against the black pump?
5 best waterproof cameras

Splash and flash: 5 best waterproof cameras

Don't let water stop you taking snaps with one of these machines that will take you from the sand to meters deep
Louis van Gaal interview: Manchester United manager discusses tactics and rebuilding after the David Moyes era

Louis van Gaal interview

Manchester United manager discusses tactics and rebuilding after the David Moyes era
Will Gore: The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series

Will Gore: Outside Edge

The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz