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My Week If there was any justice in the financial world, the people who run the big debt rating agencies would be hanging from lamp-posts along with the investment bankers for the way in which their activities contributed to the 2008 financial crash. But they emerged pretty well unscathed, barring a few uncomfortable sessions before congressional committees. Politicians threatened all sorts of legislative nasties at the time, but it turned out to be all sound and fury signifying not very much.

Five Questions About: Credit cards

The Business On... Jules Kroll, Founder of Kroll Inc

Even the name causes a shiver

Irish debt downgrade raises fears of international deflation spiral

The colossal expense of rescuing Ireland's troubled banking sector has hit the republic's international credit rating once again.

David Prosser: 'Deficit deniers' are not the problem: it's the debt extremists we should fear

Outlook This is becoming rather tiresome. It may make for good knockabout politics, but George Osborne cannot simply go on dismissing all critics of the Coalition Government's cuts as "deficit deniers", as he did yesterday. That phrase was particularly unfortunate given its connotations, but the underlying issue is the growing concern about the programme upon which the Chancellor has embarked and the fact that Mr Osborne dismisses it so cheaply.

The Last Word: Another Chinese takeaway leaves a bitter taste

Liverpool need a saviour and are praying that new 'King Kenny' fits the bill – but the game shoots itself in the foot with abject fit-and-proper-person test

David Prosser: China plots a move into credit ratings

Outlook Given the kicking the three big American credit-ratings agencies have taken for their failures during the financial crisis, they can hardly be surprised to see would-be rivals emerging. There is already talk of the launch of a new European agency, but the greater threat to Standard & Poor's, Moody's and Fitch might come from China.

Moody's warns of worse to come as it cuts Portugal rating

Portugal was dealt a blow yesterday as Moody's cut its credit rating, warning the economy would weaken further in the next few years.

Poll result puts Japan's credit rating at risk

The ratings agency Standard & Poor's warned yesterday that it might cut Japan's sovereign grade as the ruling party's mauling in a weekend election created new hurdles for the plans of the new Prime Minister, Naoto Kan, to cut huge public debt.

DVD: Leap Year (PG)

Amy Adams's credit rating plunges in this offensively unfunny dross. She plays Anna, an uptight Bostonian who pursues her smug doctor boyfriend (Adam Scott) to Dublin in order to propose to the dullard.

Fitch: Budget boost to UK's AAA credit rating

The UK's gold-plated AAA credit rating received a major boost today after ratings agency Fitch said Chancellor George Osborne's Budget would "materially strengthen confidence" in the nation's public finances.

US bank tells traders not to sign long-term deals with BP after credit rating dives

One of Wall Street's biggest banks has told its traders not to sign any contracts with BP that last more than a year, as concerns over its financial position continued to buffet the market.

BP credit rating cut amid oil spill cost fears

Beleaguered oil giant BP came under more pressure today after its credit rating was cut amid fears over the soaring cost of the Gulf of Mexico disaster.

General strike on the cards as Spain's credit rating falls

Threats of a general strike in Spain intensified this weekend following Friday's decision by the credit agency Fitch Ratings to downgrade the country's debt from AAA to AA+.

David Prosser: How Wall Street played the system

Slowly but surely, America's justice system is waking up to the idea that there is some mileage in going after the banks at the centre of the financial crash of 2008. Hot on the heels of the Goldman Sachs SEC charges comes an investigation by the New York attorney general Andrew Cuomo into whether eight Wall Street banks misled the big credit ratings agencies so they would give the mortgage securities at the centre of the collapse a clean bill of health.

Markets mixed as coalition comes to power in Westminster

The markets were mixed as the UK's new coalition government took shape yesterday, with shares and gilts rising on hopes of swift action on the yawning budget deficit, but sterling falling against the euro and the dollar after the Bank of England issued dovish growth and inflation forecasts.

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkish President Erdogan could benefit politically from the targeting of the PKK, says Patrick Cockburn
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn or a return to a Labour government

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Singapore's domestic workers routinely exploited and often abused in the service of rich nationals

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David Cameron was shown the country's shiniest veneer on his tour. What he didn't see was the army of foreign women who are routinely exploited and often abused in the service of rich nationals
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Every regional power has betrayed the Kurds so Turkish bombing is no surprise

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Sunken sub

Investigation underway into wreck of an unidentified submarine found off the coast of Sweden
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Instagram and Facebook have 'totally changed' the way people buy clothes
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The West likes to think that 'civilisation' will defeat Isis, but history suggests otherwise

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