News The more modern town of Salford, where the latest investment of the English Cities Fund is expected to be announced

Could Britain’s chronic housing shortage be solved by using insurers’ assets? Jamie Dunkley and Russell Lynch report

Experts have warned of a ‘notably strong’ property market and the creation of a new bubble

Could house prices rise another 8% next year?

"The current property market appears to show no signs of slowing as we approach Christmas"

A 4 bedroom detached house for sale in Beanfield Avenue, Coventry, West Midlands, on with Bairstow Eves for £275,000

Most transactions recorded in an October since 2007

Prices have risen in all regions in England and Wales for first time in three years

Only 34 per cent of first-time buyers in the UK were able to buy their home without any extra help last year

Help to Buy: The government scam of a lifetime

The new scheme  is nothing like the original Help to Buy, which was also an ill conceived scheme but not nearly so dangerous

Motoring ahead: PPI payouts fuel jump in sales of new cars

Car sales have roared to their highest level for more than five years as PPI mis-selling claims fuel a boom in consumer spending.

Firms continue to hoard cash despite UK recovery

Blue-chip firms have bolstered their cash reserves by £42bn since the recession, according to a new study.

A general view of houses in residential streets in Newport, Wales

Buyer enquiries up in Wales

Welsh house prices have dropped £2,500 in the past 12 months

Persimmon on growth path: housebuilder set to open another 85 sites as demand soars

Housebuilder Persimmon is set to open another 85 sites this year to match soaring demand from new buyers, the firm said today.

Bovis sales performance goes through roof

Bovis Homes has delivered its best sales performance since the housebuilder floated in 1997, its chief executive David Ritchie said yesterday.

Governor of the Bank of England Mervyn King appears before the Treasury Select Committee at Portcullis House in London for the last time on 25 June 2013

Outgoing Bank of England Governor Sir Mervyn King accuses George Osborne of lobbying on behalf of banks to weaken regulation

George Osborne was challenged over whether he gave in to intense lobbying by bankers to force regulators to water down demands for banks to raise more capital to protect themselves against future shocks.

Punch plans to slash £2.1bn debt as trading improves

The embattled pub group Punch Taverns has proposed a radical restructuring of its £2bn-plus debt mountain, and posted improved trading.

Simon English: Who was to blame for the horrendous mismatch of Co-op and Britannia?

Outlook The press release was effusive. Britannia and Co-op Financial Services "unveil plans for super-mutual". The merger was to create "a unique" (that's always a worrying word), "ethical" (ditto), alternative to the nasty big banks.

Commerzbank gives up fight with bankers

The German banking giant Commerzbank yesterday finally gave up its four-year legal war with 104 London investment bankers who have been fighting for €52m (£44m) in unpaid bonuses.

US economy expanded by lower-than-expected 2.5% in first three months of year

The American economy expanded at a rate of 2.5 per cent in the first three months of the year, according to new figures released today, performing far better than at the end of 2012 but missing expectations as falling government spending proved a drag on growth.

Top payout for boss at Persimmon

The outgoing boss of the housebuilder Persimmon racked up a maximum bonus of more than £1m last year, the company's annual report showed yesterday.

Questionable Time: The panel show waters are treacherous, will Stephen Twigg and Kenneth Clarke make it ashore?

Plus: Who, in the name of Jaws 2, is this Diane James?

News
Susan Sarandon described David Bowie as
peopleSusan Sarandon reveals more on her David Bowie romance
Sport
Arsenal supporters gather for a recent ‘fan party’ in New Jersey
football
Sport
sportDidier Drogba returns to Chelsea on one-year deal
Arts and Entertainment
The Secret Cinema performance of Back to the Future has been cancelled again
film
Life and Style
Balmain's autumn/winter 2014 campaign, shot by Mario Sorrenti and featuring Binx Walton, Cara Delevingne, Jourdan Dunn, Ysaunny Brito, Issa Lish and Kayla Scott
fashionHow Olivier Rousteing is revitalising the house of Balmain
News
people
Arts and Entertainment
Christian Grey cradles Ana in the Fifty Shades of Grey film
filmFifty Shades of Grey trailer provokes moral outrage in US
News
BBC broadcaster and presenter Evan Davis, who will be taking over from Jeremy Paxman on Newsnight
peopleForget Paxman - what will Evan Davis be like on Newsnight?
Life and Style
fashionCustomer complained about the visibly protruding ribs
Voices
The new dawn heralded by George Osborne has yet to rise
voicesJames Moore: As the Tories rub their hands together, the average voter will be asking why they're not getting a piece of the action
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
Evan Davis: The BBC’s wolf in sheep’s clothing to take over at Newsnight

The BBC’s wolf in sheep’s clothing

What will Evan Davis be like on Newsnight?
Finding the names for America’s shame: What happens to the immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert?

Finding the names for America’s shame

The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
Inside a church for Born Again Christians: Speaking to God in a Manchester multiplex

Inside a church for Born Again Christians

As Britain's Anglican church struggles to establish its modern identity, one branch of Christianity is booming
Rihanna, Kim Kardashian and me: How Olivier Rousteing is revitalising the house of Balmain

Olivier Rousteing is revitalising the house of Balmain

Parisian couturier Pierre Balmain made his name dressing the mid-century jet set. Today, Olivier Rousteing – heir to the house Pierre built – is celebrating their 21st-century equivalents. The result? Nothing short of Balmania
Cancer, cardiac arrest, HIV and homelessness - and he's only 39

Incredible survival story of David Tovey

Tovey went from cooking for the Queen to rifling through bins for his supper. His is a startling story of endurance against the odds – and of a social safety net failing at every turn
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little