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

David Prosser: Mutuality isn't such a hard place for Northern Rock

Outlook In the wake of the credit crisis, it is rather too easy to fall into the trap of judging banks bad and building societies good. While the mutual sector had a good war – particularly compared with the former mutuals that blew up during the crisis – the building-society movement was not without its own casualties.

The Business On... Sir Tom Hunter, Businessman

Sir Tom is back?

At least two years before big banking deals return

Big ticket banking takeovers will not return for another two years at least, as global financial groups continue to feel the pressure in the wake of the downturn, according to a report out today.

US economic recovery slower than thought

The world's largest economy grew much more slowly than thought in the first half of the year, as business caution, government cuts and some timidity on the part of consumers badly crimped the US recovery.

City watchdog reveals inquiry into collapse of HBOS

HBOS, the bank that collapsed at the height of the credit crisis and had to be rescued by Lloyds Bank, is facing the prospect of disciplinary action from City regulators, the Financial Services Authority revealed for the first time yesterday.

Letter from the editor: The man from the Pru

In Seventies south London, a ring at the door on a Wednesday evening would induce panic in my poor Ma. “Quick, hide the wine!” she would hiss at pre-teen me, so the man from the Pru wouldn’t know we drank Chianti and think we were rich.

Housing industry 'rebound' observed

The housebuilding industry showed signs of recovering during the first quarter, with the number of new properties started jumping by 26%.

Building industry 'far from recovery'

The chief executive of the house builder Persimmon has warned that the UK housing industry is still far from a full recovery – despite his company posting encouraging sales figures for the first part of 2011.

Stephen Foley: Why it really pays to work at RBS

Outlook There was no shortage of outrage over executive bonuses at Royal Bank of Scotland when shareholders gathered for its annual meeting in Edinburgh yesterday, and the House of Commons Public Accounts Committee will pile on this morning in its latest report on our state-supported banks. It is "inappropriate" for the likes of RBS to be handing multimillion-pound incomes to its bosses until the taxpayer has been repaid the money it fronted during the credit crisis, the committee will declare.

US investigates banks over credit crisis 'cartel' claim

The US authorities are considering invoking anti-cartel laws against some of the world's biggest banks, in an investigation into whether they colluded to manipulate interest rates during the credit crisis.

Poster boy for the credit crunch to repay investors cash

RAB Capital has agreed to pay out 79 per cent of its Special Situations Fund to investors, leaving the former $3bn (£1.8bn) fund with less than $100m.

Fixed-rate ISA numbers soar

The number of available fixed-rate ISAs has soared 10-fold during the past decade as banks have become increasingly reliant on using savers' money to fund their mortgage-lending, according to Moneyfacts.co.uk.

Personal loan rate drops below 7%

The leading rate for a personal loan has dropped below the 7% barrier for the first time since June 2008, research showed today.

Most Britons believe living standards have fallen

More than half of British adults believe that the average family's standard of living has declined since the start of the credit crunch in 2007, according to a survey from Scottish Provident.

Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee