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: Co-op bondholders who lost chunks of capital will not be easily palmed off

Outlook The Co-op Bank's retail bondholders are the big losers in its forced recapitalisation. They're not going to take it lying down. Before anyone underestimates their ability to create problems for the Bank of England's Prudential Regulatory Authority (which they took aim at yesterday) and even the Government, then consider the example of another mutual in the form of Equitable Life.

Borrowed money will still be cheap when Nick Clegg, David Cameron and Ed Miliband go to the polls

Bank of England Governor Mervyn King's swansong: Markets have got it all wrong

Outgoing Governor says world economy still far too weak to allow interest rate rises

A dealer at the Korea Exchange Bank in Seoul, where the benchmark Korea Composite Stock Price Index (KOSPI) shed 37.82 points to 1,850.49

Markets plunge in fear of end to US money-printing

Global sell-off on Fed move wipes out the last of the gains made by London's benchmark FTSE 100 this year

Cineworld stands tall with a 4.5 per cent yield as well as strong earnings growth of 12 per cent a year

Mark Dampier: Slater’s investment mix gives balance

At the time of writing, the UK stock market, as measured by the FTSE All Share Index, has fallen around  7 per cent from the high it reached just a few weeks ago.

Punch plans to slash £2.1bn debt as trading improves

The embattled pub group Punch Taverns has proposed a radical restructuring of its £2bn-plus debt mountain, and posted improved trading.

US government's spending cuts curb growth

The US economy did not expand as fast as initially thought in the first three months of the year, a new report showed yesterday, as Washington-mandated belt-tightening hit government spending.

Eric Holt’s fund has bought bonds that are secured on private schools

Mark Dampier: They say the only way is down but some bonds are yielding to no one

Forecasters have called the top of the bond market on numerous occasions over the past two years, but gilts have resolutely not behaved in the way in which many bond fund managers expected. Today, 10-year gilts are yielding  1.9 per cent. Yields may have touched a low of 1.4 per cent last summer, but in reality they have settled in a tight trading range.

Investment Insider: Sell in May? I'll more likely be a buyer …

The adage about market timing is not borne out by history

Yen tumbles against dollar as Tokyo launches rescue plan

The yen fell to a four-year low against the dollar today as the Japanese central bank put its ambitious plan to double the ailing Far Eastern economy’s money supply into action.

An American car worker: poor data on jobs hit US stocks yesterday

Fears over US economy return after slowdown in jobs market

Worries that spending cuts and higher taxes are hitting employment prospects

Japan tries ‘shock and awe’ to jump-start stalled economy

The Bank of Japan launched “shock and awe” tactics today to pull the world’s third-biggest economy of its deflationary spiral with a hugh expansion of its money printing programme.

Having a giraffe: George Osborne

Mockney credentials: a primer in financial rhyming slang for George Osborne

Chancellor George Osborne’s accent in Tuesday’s speech about welfare was roundly derided for its mockney burr.

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Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
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3.	Provence 6 nights B&B by train from £599pp
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