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.

Spanish and Italian pain heaps pressure on crisis summit

Spain's borrowing costs jumped above 7 per cent and Italy had to pay through the nose to raise debt at an auction yesterday, heaping more pressure on European leaders as they kicked off a eurozone crisis summit in Brussels.

Raise your glass to a spirited idea

Luxury branding for the whisky market is at the centre of attention at Strathclyde's exclusive MBA

Cyprus seeks European bailout

Cyprus became the fifth eurozone country to request financial aid from its partners in the European currency union as it struggles to shore up its banks, which took heavy losses on Greek debt.

Business week in review

In profit...

Analysis of the investment performance of the last five countries to host the Games paints a depressing picture ahead of the games in London

Games will not offer a winning opportunity

The Olympics are expected to give a £5.1bn boost to the economy. But UK investors are unlikely to benefit.

Spotlight On: Severn Trent's 10-year bond

The deal

David Cameron hails eurozone crisis 'progress'

Prime Minister David Cameron yesterday hailed "important progress" at the G20 summit in Mexico towards a solution to the crisis in the eurozone.

James Moore: It's time for George Osborne to come up with a Plan C

Outlook Talking of deficits, yesterday provided another gloomy set of numbers suggesting that the economy isn't going to do much to help the Coalition's bid to eliminate the UK's budget deficit. Au contraire.

George Osborne's call for more road and rail investment is no laughing matter

Julian Knight: Don't let Osborne put us off infrastructure plan

Whatever the Chancellor's personal standing with the public, urging pension funds to invest in capital projects is a good idea

Sage of Omaha is upbeat on US economy forecast

While all around may be losing their heads, Warren Buffett kept his, declaring emphatically that the chances of a double-dip recession in the US, the world's largest economy, were "very low".

Dow rebounds as Warren Buffett writes off chances of a double dip in US

While all around may be losing their heads, Warren Buffett kept his, declaring emphatically that the chances of a double-dip recession in the US, the world's largest economy, were "very low".

Peltz stirs takeover talk at InterContinental Hotels

A New York billionaire famed for dating Victoria Principal has taken a stake in InterContinental Hotels Group, raising speculation that it may be a takeover target.

A grim-faced Luisde Guindos, Spain's Economy Minister, at the parliament in Madrid yesterday

Madrid reels again as borrowing costs hit highest level for a decade

The beleaguered Spanish economy took another blow yesterday as the country's borrowing costs soared to its highest level for a decade and the Madrid stock market briefly sank to a nine-year low.

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Independent Travel
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Berlin, Dresden, Meissen & Colditz
Prices correct as of 17 October 2014
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