Money

In 1990 interest rates were at 15 per cent. You didn't need to be brain of Britain to know that rates at that level were not going to last. It should be easy, therefore, to look at interest rates today – standing at 0.5 per cent – and see this must be the bottom of the interest rate cycle, with little chance of them remaining at record lows in the medium to long term.

FTSE to track UK Plc firms

Canary Wharf group pitches plan for shares list of companies who predominately operate in Britain
A man watches protests against austerity in Lisbon, Portugal

Believe it or not, Europe could be a winner for investors

Negative headlines shouldn't mean investors have to shun the eurozone.

Market Report: Takeover worries give CWW investors the jitters

Long-suffering punters in Cable & Wireless Worldwide (CWW) are getting the jitters. Last week their spirits were sky-high after it was revealed that – having already had the put-up-or-shut-up deadline extended three times – Vodafone had decided to make a bid for the telecoms firm.

Leading article: Only part of the way to resolving the euro crisis

All of Europe cannot be cut back at once without sucking the life out of the economy

Robert Jenkins: Basel II proved to be inadequate, so are the new rules really 'too severe'?

The pre-crisis Basel rules required less than 1 per cent of loss-absorbing capability for a mortgage with no money down

Simon English: Flexibility is key, especially if you are the Chancellor

Politicians have long got it into their heads that the public most admire politicians of total conviction. U-turns are for wimps. Regrets are for fools. Saying "I'm not sure, what do you think?" is deemed professional suicide, even if that's what good professionals in other spheres say 20 times a day.

Spain raises new debt, but market fears remain

Spain cleared a hurdle in the capital markets yesterday as it successfully issued new debt at an auction. But analysts continued to warn that Madrid's borrowing costs remain too high to be sustainable.

Spain feels the pain of higher borrowing costs

Panicking investors sent Spain's cost of borrowing above 6 per cent yesterday, pushing the country closer towards a bailout.

Spain's bond yield jumps above 6%

Spain's cost of borrowing on the international debt markets rose sharply again today, increasing worries it may become the latest member of the eurozone to seek a financial bailout.

Cytec snaps up Formula One composite maker

Umeco, the manufacturer behind the strong but light composite material used to build every Formula One car on the grid, was yesterday sold to a rival for £274m.

FTSE cautious over eurozone crisis

Unsettled investors moved cautiously around the London market today after renewed fears over the eurozone debt crisis triggered a massive sell-off across the globe.

EU credit rating reform in tatters

Commissioner Michel Barnier is forced to step back from plans to make bond-issuers rotate agencies

US charges six Chinese citizens with insider trading

The US government froze the assets of six Chinese citizens and one company charged with trading on confidential information that a China-based pork processor, Zhongpin Inc, was about to go private.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Woman who was sent to three Nazi death camps describes how she escaped the gas chamber

Auschwitz liberation 70th anniversary

Woman sent to three Nazi death camps describes surviving gas chamber
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea