Voices
Even now, political leaders are advocating wholly orthodox approaches to managing deficits and currency volatility

Top-scoring universities to bail out rivals

England's best-performing universities will be "taxed" next year, in order to bail out their less successful neighbours, higher education funding chiefs revealed yesterday.

Profit-linked pay `fails to motivate'

Share ownership schemes and profit-related pay operated by the UK's top 100 companies often fail to deliver benefits in terms of greater employee participation and understanding of their firms' aims, according to a new report, writes Nic Cicutti.

Letter: It's there in black and white: the right to act solely in our interest over EMU is long gone

Hamish McRae talks a lot of sense but there is one thing he consistently gets wrong. In "The immoral deficits that tax our future" (Business, 17 November) he writes that a 3 per cent deficit "is not low enough to maintain deficits [I presume he meant debts] as a percentage of GDP, for hardly any European economies can consistently grow at 3 per cent". This is meant to be an argument against the Maastricht criterion.

Obituary: John Hillaby

Pedestrian was the last word to apply to John Hillaby, though he has been called the most celebrated pedestrian in England. Yet like his contemporaries, Clive Wainwright and Wilfred Thesiger, he was admired as much by armchair idlers as by the serious walking fraternity. Whether pacing rapidly through the streets of London or across the high moors of his beloved Yorkshire, his tall, spare figure was instantly recognisable, and even in his seventies he could leave younger men struggling in his wake.

US scientists link abortion to breast cancer

A single abortion can significantly increase the chances of a woman developing breast cancer, according to scientists in the United States, who claim that there has been a deliberate attempt to conceal the risk for more than 40 years.

This idea is a fat lot of good

Franchising: the format that has made Fatty Arbuckles fit for expansion will seek new converts at its national exhibition this week

The language minders

Andrew Baker looks at the Mr Fixit role of the foreign footballer's interpreter

The road to benefits is full of potholes

Graduation means time to face reality - financial demands that may come as a surprise to those unprepared for life outside university. Welcome to the joys of council tax, income tax and national insurance, and kiss goodbye to free prescriptions and dental treatment. In addition, as soon as you start to earn anything worthwhile, student loans will need to be paid back.

Why left sounds right to a babe in arms

Scientists have a new explanation for the age-old question of why mothers instinctively cradle their babies on the left.

New issues generate millionaire boffins

A computer software company with only 25 staff was valued on the stock market at pounds 30m yesterday after its shares rose to a 60 per cent premium on their first day of dealings.

Letter: Overreaction to the Internet

Sir: In his comment on the trial of the murderers of Daniel Handley, David Aaronovitch suggests several steps that could be taken to protect our children (17 May). Among them is: "Clean up the Internet".

The Human Condition: The quitter's guide to fitness

Most people want to get fit. Very few make it. If you want to stay the course, help is at hand. Eleanor Bailey offers a step-by-step plan

Letter: Labour plans

Hamish McRae ("Markets think Labour may revert to type", Business, 5 May) makes some interesting points about Labour and the budget deficit, but his comparision between Labour's plans to keep the national debt at a constant proportion of GDP and the experience of the 1970s (when Labour ran a budget deficit of 6.9 per cent) is too simplistic.

City talk: History suggests that Camellia has a future

Camellia (20p) is something of an oddity, but one that could well repay investors' patience. Unsung, certainly, but there are a core of followers for the tea plantations to fine art company. A big attraction, as one fan puts it, is that it is stuffed to the gunnels with hidden assets. Some of these are quite extraordinary, such as its collection of historical manuscripts, possibly worth millions. Items in the collection, range from Impressionist letters to original papers by Einstein, and love letters between Elizabeth Barrett Browning and Robert Browning. The shares have suffered in the past few days on poor figures from its associate company, Linton Parks. But with its hidden riches, the downside is limited. Although the company sees the manuscript collection as a long-term investment, it could well reward shareholders prepared to take a similar view. That, and the fact that it seems a well-managed business, suggests the shares merit a buy.

City Technology detects windfall

Two academics who bought their technology business from London's City University three years ago, are set for a multi-million-pound windfall when the company comes to the stock market in June.
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Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there