News
 

The cost of insuring against a catastrophic US default jumped to its  highest level in more than two years today after talks to prevent a breach of the nation’s $16.7 trillion (£10.5 trillion) debt ceiling faltered.

Philip Hensher: Why should the BNP sit with the grown-ups?

This year, the British National Party gained 6.26 per cent of the national vote at the European elections. That was, from their point of view, a great success, and appears to lift them from an insignificant contributor to political debate to a minority presence. They crossed the psychological threshold between those parties who field candidates, and those who have gained seats at a more than local level.

London G20 meeting rejects plan to cap bankers' bonuses

But a new 'clawback' scheme means they can be forfeited if deals later prove unsuccessful

Margareta Pagano: To nationalise or not – that's a tricky question

Banks just won't lend, so what's a Chancellor to do?

Recession over for France and Germany

France and Germany have snapped out of recession unexpectedly early, according to the first estimates of growth released by the European statistics agency.

Guy Adams: Beauty, influence and the fame game

LA Notebook

Row with emerging nations threatens IMF's cash call

Russians warn that the IMF must deliver on its power-sharing commitments

Rates kept on hold as pace of decline shows signs of slowing

Bank keeps interest rates at 0.5% and presses on with 'quantitative easing'

G20 'needs more than empty words'

A minister handling preparations for the upcoming Group of 20 summit said that leaders risk fueling public dissent — and dire consequences for the developing world — if they fail to agree on clear action to tackle the global downturn.

Brown hopeful of G20 agreement

Gordon Brown still believes he can broker an agreement among the world's biggest economies to take further fiscal action to shorten the recession, despite disagreements with France and Germany at the weekend.

Merkel tips Brown's grand plan into crisis

Germany's Chancellor receives French backing as she uses a London meeting to warn against proposals to pump billions more into the global economy

Jeremy Warner: Sterling was far too high. Now it may be going the other way

Outlook: Jose Manuel Barroso, head of the European Commission, thinks Britain is “closer than ever before” to joining the euro and even claims to have had conversations with senior members of the UK Government to that effect. Meanwhile, Christine Lagarde, the French finance minister, would be more than happy to welcome us in.

French bank hit by €600m rogue trading scandal

Caisse d'Epargne traders took unauthorised gambles on futures derivatives

Central banks face criticism as inflation fears tie their hands

France's Finance Minister has launched an attack on the interest rate policy of the European Central Bank, amid growing concern about policymakers' inability to combat an economic slowdown in the face of rising inflation.

France looks at ways to curb 'fat cat' salaries across the EU

Pressure is building in the European Union for common rules to discourage, or punish, excessive payments to top business executives.

Economy minister admits she is 'seduced' by idea of French SWF

Christine Lagarde, France's economy minister, may establish a French sovereign wealth fund to counter the rising power of the state-owned funds from the developed world.

Arts and Entertainment
Sydney and Melbourne are locked in a row over giant milk crates
art
News
Kenny Ireland, pictured in 2010.
peopleActor, from House of Cards and Benidorm, was 68
News
A scene from the video shows students mock rioting
newsEnd-of-year leaver's YouTube film features staging of a playground gun massacre
Travel
travel
Voices
A family sit and enjoy a quiet train journey
voicesForcing us to overhear dull phone conversations is an offensive act, says Simon Kelner
News
i100This Instagram photo does not prove Russian army is in Ukraine
News
Morrissey pictured in 2013
people
Sport
sportVan Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Environment
View from the Llanberis Track to the mountain lake Llyn
Du’r Arddu
environmentA large chunk of Mount Snowdon, in north Wales, is up for sale
Life and Style
Martha Stewart wrote an opinion column for Time magazine this week titled “Why I Love My Drone”
lifeLifestyle guru Martha Stewart reveals she has flying robot... to take photos of her farm
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover

The dining car makes a comeback

Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover
Gallery rage: How are institutions tackling the discomfort of overcrowding this summer?

Gallery rage

How are institutions tackling the discomfort of overcrowding this summer?
Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players

Eye on the prize

Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Women's rugby: Tamara Taylor adds fuel to the ire in quest to land World Cup

Women's rugby

Tamara Taylor adds fuel to the ire in quest to land World Cup
Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices