German reunification shows what wealth transfer can achieve

But it is one thing helping kith and kin in the east, another bailing out Club Med nations in the south

Mind the gap! The job is only half done, so there is fiscal pain ahead

Depressingly, our political leaders are not discussing the looming tax and deficit figures with any honesty

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

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

Mario Draghi, President of the European Central Bank

Why a boost for the eurozone economy matters to Britain

The success or not of the European Central Bank's latest action will impact our own political tussles
Money spent on the black market, including prostitution and drugs, was included in the recount of economic data

Hamish McRae: Changes in counting GDP growth show that Britain’s recovery was better than we thought

Economic View: If people decided to spend their money on drugs, rather than say, booze, that is their choice

The new prime minister has laid out an ambitious agenda for his first months in office, promising a sweeping overhaul of the electoral and constitutional system to give Italy more stable governments in future

A study of past economic cycles suggests that we aren’t far away from the next downturn

Economic View: Those of us who thought that the amplitude of cycles was diminishing were proved spectacularly wrong

Hamish McRae: US Inc is pretty chipper, but there will be a correction to the stock market before too long

Economic View: Don’t you love the way in the  US people talk of earnings, whereas we here talk of profits?

Hamish McRae: It’s not a question of if, but when... interest rates have been kept artificially low for long enough

Economic View: Monetary policy has become easier without the Bank of England doing anything

News
Tax on a typical North Sea oil field is now 50 per cent – as it was in 2010
Financial markets have generally assumed lower oil prices are good for asset prices, resulting from the positive effect on growth and lower inflation which extends the period of low interest rates. In reality, the large movement in oil prices has the potential to create significant financial instability, especially in debt markets, says Satyajit Das
News
Philip Smith quit RSA in November 2013, calling the internal investigation ‘fundamentally flawed’
The former chief executive, Philip Smith, is taking the insurer to a Dublin employment tribunal for constructive dismissal. Joe Brennan reports on the scandal that triggered the biggest sell-off in the company’s shares for almost a decade.
News
‘Too much delay’: Louise Ellman, chair of the Commons Transport Committee
Holey Corporate Governance! is how one law firm describes professional services outfit Quindell, in a nod to the classic 1960s Batman TV-show, writes James Moore
News
The Louis Vuitton store in Austria had its windows smashed by protesters last year
If there is any lesson to be learnt from the high-profile arrest of the billionaire gas tycoon Dmitry Firtash, it is this: watch where you do your luxury shopping in Vienna, says Jim Armitage
News
The assumption that women are not as competent in leadership positions as men are leads to increased stress in the workplace
There has been progress in boosting female entrepreneurship in recent years, but nowhere near enough, says David Prosser
News
Ben Bernanke said deflation was usually caused by a collapse in demand
It seems likely the UK will become the 23rd European country to catch the deflation disease, says David Blanchflower
News
A piece of the wreckage of the Malaysia Airlines flight MH17 in Donetsk
Last year was more expensive for air disasters than any year since 2001. Jamie Dunkley examines the cost to the underwriters of aviation risk
News
The rise in the number of whistleblowers is impressive whichever way you look at it, says James Moore
News
The institution is now controlled not by a co-operative but by hedge funds, where these sort of payments are par for the course, says James Moore
News
The Treasury Select Committee will today take one of its last chances before Parliament’s dissolution to bowl another bouncer at the chest of the Financial Conduct Authority. James Moore on why we must watch over our watchmen
News
Princess Anne talks to Anthony Constantinou at the London Boat Show
Anthony Constantinou’s infancy was shattered by tragedy, but he went on to build a multimillion-pound City of London  business. Yet now the shadow of the law hangs over the boss of Capital World Markets, reports Jim Armitage
News
USC was put into administration by Sports Direct and was bought back immediately also by Sports Direct, with its £15.3m debts to staff, suppliers and landlords wiped clear
We’ve known for a while that Sports Direct sails close to the wind in terms of its business practices. After the performance of its chairman, James Moore says a more apt metaphor might be that it has been dancing with a hurricane
News
Ben Chu has the answers
News
MP Stella Creasy
Picking a team is fun, says Mark Leftly
News
The law on annuities will be changed from April 2016
History has shown that if you propose even a modest reform to the UK’s pension market you’re guaranteed a migraine from the bellyaching, notes James Moore
News
Ticket signs at Victoria Station on January 2, 2015 in London, England. Increased rail fares averaging 2.5% come into effect today, pushing the cost of some commuters annual rail fares to more than �5,000. Earlier this week, Network Rail chief executive Mark Carne said that he would not be receiving his annual bonus because of the major rail disruption passengers faced over the Christmas period, which was caused by engineering works that overran.
Far from relieving the pressure on trains, the 16 per cent increase in seats might not even be enough to cope with the growth in passenger numbers, says James Moore
News
The story of Georgiou’s alleged fraud snugly fits the victim narrative so beloved of the country’s government, says Jim Armitage
News
The law on annuities will be changed from April 2016
Could pension providers’ loss be small businesses’ gain? David Prosser finds out
News
George Osborne was accused of a ‘roller-coaster’ approach to public spending
No ifs or buts, says David Blanchflower: last week’s mean-spirited heartless roller-coaster Budget was designed to smash the state and make the poor poorer.
News
What a shame that Next doesn’t do more to share that success with its employees, says James Moore
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Day In a Page

No postcode? No vote

Floating voters

How living on a houseboat meant I didn't officially 'exist'
Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

Power dressing is back

But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

Caves were re-opened to the public
'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

'I was the bookies’ favourite to be first to leave the Cabinet'
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

Cash-strapped states have hit on a way of making money out of drivers that may be in collision with the First Amendment, says Rupert Cornwell
From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

One man is bringing together Cornwall's most accomplished growers, fishermen and butchers with London's best chefs to put the finest, freshest produce on the plates of some of the country’s best restaurants
Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
Don't believe the stereotype - or should you?

Don't believe the stereotype - or should you?

We exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor