Hamish McRae: Should Italy push for more fiscal prudence in this age of austerity?

It is a funny time in Italy. On paper the country's economy has now shrunk for seven consecutive quarters, making it the longest recession since the Second World War, and leaving it some 8 per cent below the peak reached in 2007.

Hamish McRae: Share price increase shows Lloyds Bank is healing – but only just

So the share price of Lloyds Bank has just about squeaked above the level where the taxpayers start to make a profit on our involuntary investment.

Hamish McRae: Britain up, eurozone down - for once, the Bank is right

Economic View: The markets conclude that this news is so bad the ECB will have to find ways of injecting new demand into the eurozone

Hamish McRae: Why Europe needs to communicate more on communications

Preserving Britain's access to the European Single Market is cited as one of the main reasons for continued membership of the EU – the single market essentially being the market for services, which has developed much more recently than the single market for goods.

Hamish McRae: Booming equity markets can feed back into growth

Economic View: If a company's share price is strong it has options: it does not have to rely on recalcitrant banks for a loan

Hamish McRae: Markets keep on climbing but there's still reason to be cautious about recovery

Economic View: Confidence is an odd thing. Share prices are as much a measure of confidence as a driver of it

Hamish McRae: Wanted - Confidence booster from ECB

Economic View

Hamish McRae: Need a valuable handle on investor sentiment? Google it

Anyone seeking a magic formula for stock market investment will be intrigued by the study in Nature Publishing's Scientific Reports by three academics, Tobias Preis, of Warwick Business School, Helen Susannah Moat, of University College London, and H Eugene Stanley, of Boston University.

Hamish McRae: Why shares thrive while the economy flounders

Economic View: Apply the buy/sell rule to equities over the past 40 years and you would have spent 2000 to 2008 outside the market

Hamish McRae: What hope if Germany is floundering?

Economic View

Hamish McRae: We're buying new cars, but still wary of other big-ticket spending

There will be a lot of attention in the coming weeks to what the new Governor of the Bank of England will or won't do, and there is a danger that expectations will be too high – not so much of him but of the role of central banks in an advanced economy.

Hamish McRae: Leaders must admit failure before Europe can recover

Economic View: If the German economy were to falter, we would have the makings of a catastrophe on our doorstep

Hamish McRae: Banks' misdeeds allow us to scrap our old bangers

One of the puzzles of the past year is how British consumers have managed to keep increasing their spending despite the continuing squeeze on their incomes and without further running down savings – rather the reverse.

Hamish McRae: Events have overtaken inflation targets

Economic View

News
RAF photos of a Soviet spy trawler in 1968: there are now concerns that national hostilities have moved into the digital age
Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan, Oscar Williams-Grut
News
News
With such persuasive Establishment friends, little wonder Evraz is not overly concerned Westminster will turn against it, writes Jim Armitage
News
Problems at RBS suggest that lack of focus persisted during Stephen Hester’s tenure
As a £14.5m fine for poor mortgage advice highlights organisational issues at the bank, James Moore wonders what other revelations may emerge
News
As Warren Buffett is criticised for helping the fast food chain move to Canada, it’s clear the issue of good corporate governance in the US is not going away
Life and Style
In the game: EA's 'Fifa 14' is very popular with online scouts
News
The MBA has a vital role to play in changing the face of company boardrooms
Getting a chief executive to leave with as little fuss as possible has long been a dilemma for corporate boardrooms, now data-centre operator Telecity has come up with an alternative
News
Ian McCafferty, left, and Martin Weale, second left, are the ‘irrelevant minority’ of the Bank of England’s Monetary Policy Committee
Martin Weale voted for rate rises in 2011, but his predictions of rising inflation did not materialise, writes David Blanchflower
News
If so, you are worryingly accurate, as the most important economic measure can only be guessed at, Ben Chu reports
News
Shoppers are happy with lower prices but Tesco is mulling a dividend cut which could affect our pension funds
Supermarkets have cut prices so hard that we’re actually spending less. But what’s good for shoppers will be bad for shareholders, writes Simon Neville
Student
A report from the Association of Graduate Recruiters predicts a 17% rise in graduate job vacancies this year
Many of the students who graduated this summer are having great difficulty finding work and, as Amy Denman explains, it’s often down to not having the necessary work experience
News
David Cameron is planning to revive the Communications Data Bill
His comments risk stoking the potent fear that immigrants are coming here and taking our jobs, says Ben Chu
News
News
Howls of outrage would normally ensue, but the housebuilders have gotten away with it, says Russell Lynch
News
Janet Yellen, chair of the Federal Reserve Board
The Federal Reserve has become a rogue hedge fund, taking massive, wildly speculative positions
News
The Ummah Welfare Trust called on its supporters to boycott HSBC
Customer with Iranian links are being ditched by HSBC and others. They deny discrimination, but have hefty fines led to some banks being far too cautions? By Maria Tadeo
News
'Political Ravishment - Or the Old Lady of Threadneedle Street in Danger!' from 1797 by James Gillray
Like Caesar’s wife, the Old Lady of Threadneedle Street is supposed to be above suspicion. But some members of Parliament have suspicious minds, writes Ben Chu
News
Detroit’s once glorious and now decrepit Michigan Theater now operates as a car park
They forgot the motor city in the years of American urban renewal, but now JP Morgan is writing a $100m cheque to kickstart Detroit. Some doubt the bank’s motives
News
Gerard Lopez took the wheel at the Lotus team five years ago with his business partner Eric Lux
He has investments ranging from real estate to Charlie Chaplin. But right now Gerard Lopez has Lotus on his mind
News
Mark Carney lamented ‘remarkably weak’ pay growth at last week’s Inflation Report after claiming in May it could hit 2.5 per cent this year
The unprecedented collapse in real wages under the Coalition is even greater than in the period of the Great Recession from 2008 until the Coalition took office in May 2010, writes David Blanchflower
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Day In a Page

Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
From Mozart to Orson Welles: Creative geniuses who peaked too soon

Creative geniuses who peaked too soon

After the death of Sandy Wilson, 90, who wrote his only hit musical in his twenties, John Walsh wonders what it's like to peak too soon and go on to live a life more ordinary
Caught in the crossfire of a cyber Cold War

Caught in the crossfire of a cyber Cold War

Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
11 best face powders

11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone