News

Government adviser reveals his frustration at talk of bank kindness to zombie businesses

The shadow Chancellor Ed Balls, centre, will promise to underwrite the building of several new towns

Labour pledges billions to build 200,000 new homes per year if it wins next election

The  programme would also provide a stimulus for the economy and create tens of thousands of jobs in the construction industry

Paul Flowers was questioned my MPs over the Co-operative Bank's losses on 6 November

Ethical 'Co-op' could lose name over Paul Flowers drug scandal

Business Secretary says name may not be suitable as Flowers scandal escalates

The notes were found in a river by a dog walker

Police in Lincolnshire investigate £60,000 found in river

Police have appealed for information, a month after tens of thousands of pounds' worth of bank notes were found floating in a Lincolnshire river.

Bank of England in no rush to hike interest rates

BoE policymakers voted unanimously to maintain rates at record low

More than £9 billion mortgage overpayments made every year

Gross mortgage lending shows strongest performance in five years

Questions: Eric Schmidt is lying low after the PAC branded his firm 'devious'

Eric Schmidt joining the Economist is a feather in London's cap

The roll will be Schmidt’s first board membership outside of the United States

Jim Armitage: We're feeling better but let's hope the recovery continues

Outlook It would be churlish not to cheer the economic good news that has emerged this week. The unemployment picture is particularly heartwarming, given that each number off the dole list is a household with more wealth, self-respect and happiness.

Bank of England Governor Mark Carney assured that interest rates will not be raised immediately

Governor Mark Carney declares recovery is here, but will interest rates rise?

The latest economic forecasts looked, on the surface, like good news

Bank of England Governor Mark Carney says 'the recovery has finally taken hold'

Bank of England upgrades growth forecast for UK economy as Mark Carney hints at rise in interest rates

Unemployment not expected to fall to key threshold of 7% before 2016

James Moore: City's 'shark' would do well to navigate the bureaucracy

Outlook A shark was loose in the City yesterday, but fortunately only an imaginary one. It was all about wargaming, and the very real possibility of a cyber attack on London's financial centre. The scenario – Waking Shark – was cooked up by Credit Suisse with input from various security types and involved more than 100 people playing a sophisticated version of Risk in a room together.

Surprise dip in inflation dampens calls for BoE to put interest rates up

The prospect of an early hike in interest rates by the Bank of England receded yesterday as prices rose by considerably less than expected last month.

Cyber war games dubbed 'Waking Shark II' begin for London's financial institutions

A number of scenarios will test banks' responsiveness to cyber attacks

Britain's banks and financial firms take part in major cyber 'war game' exercise

Simulation designed to mimic a real-time threat - dubbed Waking Shark II - is set to be one of the largest of its kind in the world

David Cameron at an Altrincham housing development in September when he unveiled the scheme

Help to Buy: More evidence of a property boom (and why it’s a bad news story)

Help to Buy is boosting demand more than supply  of new houses

Something’s stirring, but any talk of a bubble is misplaced

One reading of the data released yesterday by the Government suggests Help to Buy has not made much of an impact on the property market yet.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
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Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn