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.

James Moore: We're staring into an ever-deeper pension hole

Is the word "pension" inextricably linked to bad news? It really is hard to draw any other conclusion from the industry chatter, the latest bit of which came out yesterday. According to the pension consultant William Mercer, the combined funding black hole of schemes run by Britain's 350 biggest companies has increased by £17bn over the year to the end of March, despite those companies making £20bn of contributions.

James Moore: Expect the words 'pension' and 'black hole' to stay linked for some time yet

Outlook Is the word "pension" inextricably linked to bad news? It really is hard to draw any other conclusion from the industry chatter, the latest bit of which came out yesterday. According to the pension consultant William Mercer, the combined funding black hole of schemes run by Britain's 350 biggest companies has increased by £17bn over the year to the end of March, despite those companies making £20bn of contributions.

Biggest scalp in purge and the other culprits

Ian Hannam is by far the Financial Services Authority's biggest scalp in the recent flurry of prosecutions on disclosing inside information.

Resolution eyes two-way split

Resolution shares tumbled towards the bottom of the stock market movers yesterday as the insurer unveiled plans to split the business in two by 2014.

US Federal Reserve hints at intervening to stoke recovery

Ben Bernanke, the chairman of the US Federal Reserve, warned that the recent reduction in unemployment in the world's largest economy may not be sustainable, reigniting hopes of central bank intervention to stoke the recovery.

Hamish McRae: Look for signals of a seismic change in bond markets

Economic Life: I think the big turning point will be something that occurs in the US

FSA fines senior banker over 'parlour games'

A senior executive at Credit Suisse who leaked details of a €2.5bn (£2bn) bond issue by playing parlour games with a fund manager has been fined by both the regulator and his own bank.

Senior banker fined over bond issue 'charades' but keeps his job

A senior executive at Credit Suisse who leaked details of a €2.5bn (£2bn) bond issue by playing parlour games with a fund manager has been fined by both the regulator and his own bank.

Hamish McRae: A wider worry than Greece is the scale of public debt in richer places

Economic View: Greece has the worst of all worlds; no one in their right mind would buy its debt

The eurozone is a risky area for investors

Spotlight on the best and worst of funds

Our list of winners and losers could help you make the right choice for your investment.

Greece eyes bailout after debt deal

Greece has cleared a major hurdle in its race to avoid bankruptcy by persuading the vast majority of its private creditors to sign up to the biggest national debt writedown in history, paving the way for a second massive bailout.

Worries over growth and Greek deal rock world markets

Share prices in London, France, Germany and Spain nosedive as jitters hit global dealing rooms
The European Central Bank has cut its key interest rate

ECB loans £446bn to banks

The European Central Bank (ECB) has made £446 billion in low-interest loans to banks in the second round of a massive credit infusion that has been credited with easing the eurozone debt crisis.

Satyajit Das: They are all at it – but side effects of QE may turn out to be highly toxic

Midweek View: Inflation cuts the value of debt. It also induces consumer spending, as people accelerate purchases
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Blundering Tony Blair quits as Middle East peace envoy – only Israel will miss him

Blundering Blair quits as Middle East peace envoy – only Israel will miss him

For Arabs – and for Britons who lost their loved ones in his shambolic war in Iraq – his appointment was an insult, says Robert Fisk
Fifa corruption arrests: All hail the Feds for riding to football's rescue

Fifa corruption arrests

All hail the Feds for riding to football's rescue, says Ian Herbert
Isis in Syria: The Kurdish enclave still resisting the tyranny of President Assad and militant fighters

The Kurdish enclave still resisting the tyranny of Assad and Isis

In Syrian Kurdish cantons along the Turkish border, the progressive aims of the 2011 uprising are being enacted despite the war. Patrick Cockburn returns to Amuda
How I survived Cambodia's Killing Fields: Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape the US

How I survived Cambodia's Killing Fields

Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape to the US
Stephen Mangan interview: From posh buffoon to pregnant dad, the actor has quite a range

How Stephen Mangan got his range

Posh buffoon, hapless writer, pregnant dad - Mangan is certainly a versatile actor
The ZX Spectrum has been crowd-funded back into play - with some 21st-century tweaks

The ZX Spectrum is back

The ZX Spectrum was the original - and for some players, still the best. David Crookes meets the fans who've kept the games' flames lit
Grace of Monaco film panned: even the screenwriter pours scorn on biopic starring Nicole Kidman

Even the screenwriter pours scorn on Grace of Monaco biopic

The critics had a field day after last year's premiere, but the savaging goes on
Menstrual Hygiene Day: The strange ideas people used to believe about periods

Menstrual Hygiene Day: The strange ideas people once had about periods

If one was missed, vomiting blood was seen as a viable alternative
The best work perks: From free travel cards to making dreams come true (really)

The quirks of work perks

From free travel cards to making dreams come true (really)
Is bridge the latest twee pastime to get hip?

Is bridge becoming hip?

The number of young players has trebled in the past year. Gillian Orr discovers if this old game has new tricks
Long author-lists on research papers are threatening the academic work system

The rise of 'hyperauthorship'

Now that academic papers are written by thousands (yes, thousands) of contributors, it's getting hard to tell workers from shirkers
The rise of Lego Clubs: How toys are helping children struggling with social interaction to build better relationships

The rise of Lego Clubs

How toys are helping children struggling with social interaction to build better relationships
5 best running glasses

On your marks: 5 best running glasses

Whether you’re pounding pavements, parks or hill passes, keep your eyes protected in all weathers
Joe Root: 'Ben Stokes gives everything – he’s rubbing off on us all'

'Ben Stokes gives everything – he’s rubbing off on us all'

Joe Root says the England dressing room is a happy place again – and Stokes is the catalyst
Raif Badawi: Wife pleads for fresh EU help as Saudi blogger's health worsens

Please save my husband

As the health of blogger Raif Badawi worsens in prison, his wife urges EU governments to put pressure on the Saudi Arabian royal family to allow her husband to join his family in Canada