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
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn