News

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

George Osborne tonic as borrowing shrinks £1.3bn

The Chancellor, George Osborne, was handed more good news on the economy yesterday as the Institute for Fiscal Studies (IFS) said borrowing could be as much as £13bn lower than the Government’s target this year.

Foxtons' estate agents in distinctive company cars

Stunning stock market debut for Foxtons as shares soar 20 per cent in minutes

Management set to make fortunes cashing out part of their 20% stake in the business

George Osborne on course to massively undershoot £120 billion

George Osborne on course to undershoot £120 billion borrowing target by more than £10 billion

Chancellor George Osborne is on course to undershoot his £120 billion borrowing target by more than £10 billion this year as public finance figures showed Government departments getting a grip on spending last month.

Pound gains ground as Summers pulls out

Sterling hit an eight-month high against the dollar today after former US Treasury Secretary Larry Summers decided to pull out of the race to be the next Federal Reserve chairman.

The economy is turning a corner? No, Osborne is just taking us all for a ride

In the labour market evidence suggests many, or even most,  are being left behind

Leap in housing orders builds hopes for UK economy boost

A £4 billion boost in new housing today sparked hopes that Britain’s builders will be able to keep pace with a surge in demand for new homes and boost the wider economy.

The Bank of England has been urged to cap house price inflation

Bank of England urged to cap house price rises at 5% over fears of 'dangerous' debt bubble

Royal Institution of Chartered Surveyors publishes report arguing the Bank should consider imposing a 5 per cent cap on annual house price appreciation

Hamish McRae: Two takes on health of the labour market – and both could be right

Economic View: Demand for labour is very uneven across the country and across skills

The number claiming jobseeker's allowance fell in August by 32,600 from July to 1.4 million

Jobseeker's allowance claimants drop as jobless rate falls to 7.7%

But unions not happy as yet more public sector jobs lost and more forced into part-time work

Osborne claimed that Britain's economy was 'turning a corner'

New figures cast doubt on George Osborne's claims that Coalition austerity programme has been vindicated

Tax rises and spending cuts have made the economy 3 per cent smaller

Sample polymer ten and five pound banknotes

Not worth the paper it’s written on: why the Bank wants to put all of its notes on plastic

Under plans to save money, smaller, more durable polymer cash will end 300 years of traditional currency

'Significant increases' in homes coming onto the UK property market

Chartered surveyors reporting widespread increase in new instructions

Banks 'too slow' to pay out on rate-swap mis-selling claims, says FCA

Banks are taking too long to pay out billions of pounds in compensation over mis-sold interest rate swaps, the head of the Financial Conduct Authority watchdog said today.

'I was right on austerity': George Osborne claims decisive victory for his economic policy

Chancellor tells Labour it has ‘lost the argument’ and predicts Britain is ‘turning a corner’

Hamish McRae: Markets blow Carney a raspberry as we enter an age of repression

Economic View: Costing people money in your first weeks in office is not a great way to establish your authority

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Oscar Quine takes a stroll along High Street Kensington yesterday in ‘his’ electric blue stilettos
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The temples of Angkor, where tourists have been stripping naked
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Terry Sue Patt pictured in 1995
peopleTerry Sue-Patt played Benny Green in the classic children's TV show
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The coffin containing the remains of King Richard III is carried on a procession for interrment at Leicester Cathedral on 22 March 2015 in Leicester, England.
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The Queen and the letter sent to Charlie
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Eurovision Song Contest 2015
EurovisionGoogle marks the 2015 show
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Two lesbians hold hands at a gay pride parade.
peopleIrish journalist shares moving story on day of referendum
Arts and Entertainment
<p>
<b>Kathryn Williams</b>
</p>
<p>
When I was supporting Ray La Montagne I was six months pregnant. He had been touring for a year and he was exhausted and full of the cold. I was feeling motherly, so I would leave presents for him and his band: Tunnock's Tea Cakes, cold remedies and proper tea. Ray seemed painfully shy. He hardly spoke, hardly looked at you in the face. I felt like a dick speaking to him, but said "hi" every day. </p>
<p>
He was being courted by the same record company who had signed me and subsequently let me go, and I wanted him to know that there were people around who didn't want anything from him. At the Shepherds Bush Empire in London, on the last night of the tour, Ray stopped in his set to thank me for doing the support. He said I was a really good songwriter and people should buy my stuff. I was taken aback and felt emotionally overwhelmed. Later that year, just before I had my boy Louis, I was l asleep in bed with Radio 4 on when Louis moved around in my belly and woke me up. Ray was doing a session on the World Service. </p>
<p>
I really believe that Louis recognised the music from the tour, and when I gave birth to him at home I played Ray's record as something that he would recognise to come into the world with. </p>
booksKathryn Williams explores the works and influences of Sylvia Plath
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Liz Kendall played a key role in the introduction of the smoking ban
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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
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

Laughter, but no tears, as Letterman takes his bow after 33 years

Veteran talkshow host steps down to plaudits from four presidents
Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

Hozier's 'blasphemous' song takes Novello award

Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

Join the tequila gold rush

The spirit has gone from a cheap shot to a multi-billion pound product
12 best statement wallpapers

12 best statement wallpapers

Make an impact and transform a room with a conversation-starting pattern
Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

Paul Scholes column

Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?