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.

Fed to keep pumping cash into US economy

Investors were reassured after America's central bank signalled yesterday that it would continue to support the world's largest economy by buying billions of dollars worth of bonds every month.

State could end up with big QE profit

If interest rates stay low the Treasury could be in line for a £50bn windfall

Investment insider: Low interest rates should not mean lower standards

Strange things can happen in a low-interest-rate economy. For instance, the interest that we earn on our savings has dropped to such pitiful levels that our nest eggs are losing money in real terms.

George Osborne in Eastleigh last week

Britain's loss of AAA credit rating a 'humiliating blow' to George Osborne, says Ed Balls

The Chancellor George Osborne has been accused of having suffered a “humiliating blow” after Britain was stripped of its AAA credit rating.

Satyajit Das: Europe does not have the funds to solve sovereign debt crisis

Midweek View: The Lisbon treaty prohibits the European Central Bank from directly buying national governments' debt

World's oldest bank caught up in trading scandal

We've already had "Bunga Bunga" parties and football-match fixing. Now Italy's latest controversy finds the world's oldest bank at the centre of a near-€1bn (£852m) trading scandal.

James Moore: Bankers and bosses in line for bonuses – whether they deserve them or not

Plus: Goldman Sachs’ sneaky move to beat the taxman, Raise your glasses in a toast to Greene King

Julian Knight: The sobering truth about the rush for retail bonds is enough to drive anyone to drink

Fancy owning your local pub? It's probably a secret desire of many Britons, particularly if it came with free drinks. And that's exactly what the people of Wrexham, a depressed north Wales town, are being offered through the Enterprise hub project sponsored by the Co-operative bank. Locals are being asked if they'd like shares in the Seven Stars pub at a cost of £100 a pop.

The LDP leader, Shinzo Abe, right, with the party’s secretary general Shigeru Ishiba

Asian neighbours nervous after election comeback for Japanese 'warmonger'

LDP leader Shinzo Abe vows to challenge the pacifist constitution and spend on defence

Use council bonds for infrastructure, top engineer urges

The Chancellor should encourage local councils to fund new infrastructure projects by using government-backed municipal bonds, according to a top boss at CrossRail contractor URS.

UK losing AAA rating 'not so bad'

Chancellor George Osborne's attempts to cling onto the nation's triple-A credit rating look doomed but the loss would be "symbolic, not catastrophic", the UK's biggest bank says.

UK downgrade looms 'but it could be a help'

Chancellor George Osborne's attempts to cling onto the nation's triple-A credit rating look doomed but the loss would be "symbolic, not catastrophic", the UK's biggest bank says.

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