News Scottish First Minister Alex Salmond presents the White Paper for Scottish independence

Scotland's First Minister will have face-to-face talks with the latest Bank of England governor for the first time

James Moore: Hank Paulson may regret his lenient line on bankers

Outlook Talking of banking, and common sense, has no less a personage than Hank Paulson undergone a damascene conversion and joined the ranks of those questioning the financial world's addiction to bonuses?

Jack Lew: The US Treasury Secretary has warned that the government will soon hit its $17trillion limit

US set to face new debt-ceiling crisis ‘when cash runs out in October’

Government will be in ‘an unacceptable position’, warns Treasury Secretary

Margate is one of Britain’s most deprived seaside towns

Deprived seaside towns to get funding boost

Ailing seaside towns are to receive almost £30m to boost growth, the Treasury has announced today, following statistics showing they suffer from above-average levels of deprivation.

The Tories and Liberal Democrats are facing demands to return a £520,000 bequest from an elderly spinster after it emerged she had intended it to go into government coffers

Everyone was wrong about the will of Joan Edwards

There is an answer, but nobody paid enough attention to find it

Ed Davey: The Energy Secretary has been accused of being more concerned with 'ideology' than scientific evidence

Lib Dems face ‘guerrilla war’ with Tories over green power plan

Two parties at loggerheads over claims Ed Davey wants to block  wind farm report

Families struggling as cost of bringing up a child rises to £148,000, warns CPAG

Parents face a growing struggle as the cost of bringing up a child has risen to £148,000, research found.

Conservatives and Lib Dems forced to give £500,000 legacy left to 'Government' to the Treasury

Bequest from 90-year-old woman was for national use, not party use, the wording of will suggests

Treasury aims to lure the insurers

Move to bring back Lloyd's firms domiciled abroad to boost the nation's tax coffers
The decline in real wages in the UK is described as ‘stunning’

Fall in wages puts Britain in Europe's bottom four

Only workers in Greece, Portugal and the Netherlands have fared worse over the past three years

Ben Chu: Last laugh for the luddite

Outlook Many claim to have foreseen the global financial crisis, but Raghuram Rajan's claim is unimpeachable. In a 2005 paper presented at the annual central bankers' conference at Jackson Hole, Wyoming, the former chief economist of the International Monetary Fund warned, in considerable detail, of a possible financial crisis brought on by hidden risks in the banking sector.

Ex-IMF economist who foresaw 2008 crisis Raghuram Rajan to lead Reserve Bank of India

Raghuram Rajan, former chief economist at the International Monetary Fund, has been named as India's next central bank chief, a critical post at a time when the economy is struggling and the Indian rupee is showing increased volatility.

16-year-old William Hague rails against the evils of socialism in his famous speech to the Conservative Party conference in 1977

National archives: William Hague? He’d be embarrassing - when Margaret Thatcher vetoed a Treasury job for the boy wonder

The annual release of secret papers from the National Archive reveals Mrs Thatcher’s scornful response to a plan to put the precocious young Tory in the Treasury

Wealthy Greeks lose security perks in austerity cutback

Greeks fearing attacks by anarchists will no longer be entitled to free police bodyguards in the latest cost-cutting plan from a government trying to meet budget targets set by international creditors.

Dominique Strauss-Kahnv served as the director of the IMF from 2007 until 2011

Shamed IMF boss Strauss-Kahn may return as Serbia’s financial guru

Balkan state keen to recruit French  politician to aid its ailing economy

Ben Chu: The capital Taliban still have unfinished business at Barclays

Outlook When regulators at the Bank of England decided earlier this year that Barclays and Nationwide should increase their capital buffers to cover at least 3 per cent of their total assets, the two lenders fought back vigorously.

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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
Minoan Crete and Santorini
Prices correct as of 15 May 2015
The Silk Roads that trace civilisation: Long before the West rose to power, Asian pathways were connecting peoples and places

The Silk Roads that trace civilisation

Long before the West rose to power, Asian pathways were connecting peoples and places
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

The honours that shame Britain

Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled
When it comes to street harassment, we need to talk about race

'When it comes to street harassment, we need to talk about race'

Why are black men living the stereotypes and why are we letting them get away with it?
International Tap Festival: Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic

International Tap Festival comes to the UK

Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic
War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border
Doris Lessing: Acclaimed novelist was kept under MI5 observation for 18 years, newly released papers show

'A subversive brothel keeper and Communist'

Acclaimed novelist Doris Lessing was kept under MI5 observation for 18 years, newly released papers show
Big Blue Live: BBC's Springwatch offshoot swaps back gardens for California's Monterey Bay

BBC heads to the Californian coast

The Big Blue Live crew is preparing for the first of three episodes on Sunday night, filming from boats, planes and an aquarium studio
Austin Bidwell: The Victorian fraudster who shook the Bank of England with the most daring forgery the world had known

Victorian fraudster who shook the Bank of England

Conman Austin Bidwell. was a heartless cad who carried out the most daring forgery the world had known
Car hacking scandal: Security designed to stop thieves hot-wiring almost every modern motor has been cracked

Car hacking scandal

Security designed to stop thieves hot-wiring almost every modern motor has been cracked
10 best placemats

Take your seat: 10 best placemats

Protect your table and dine in style with a bold new accessory
Ashes 2015: Alastair Cook not the only one to be caught in The Oval mindwarp

Cook not the only one to be caught in The Oval mindwarp

Aussie skipper Michael Clarke was lured into believing that what we witnessed at Edgbaston and Trent Bridge would continue in London, says Kevin Garside
Can Rafael Benitez get the best out of Gareth Bale at Real Madrid?

Can Benitez get the best out of Bale?

Back at the club he watched as a boy, the pressure is on Benitez to find a winning blend from Real's multiple talents. As La Liga begins, Pete Jenson asks if it will be enough to stop Barcelona
Athletics World Championships 2015: Beijing witnesses new stage in the Jessica Ennis-Hill and Katarina Johnson-Thompson heptathlon rivalry

Beijing witnesses new stage in the Jess and Kat rivalry

The last time the two British heptathletes competed, Ennis-Hill was on the way to Olympic gold and Johnson-Thompson was just a promising teenager. But a lot has happened in the following three years
Jeremy Corbyn: Joining a shrewd operator desperate for power as he visits the North East

Jeremy Corbyn interview: A shrewd operator desperate for power

His radical anti-austerity agenda has caught the imagination of the left and politically disaffected and set a staid Labour leadership election alight
Isis executes Palmyra antiquities chief: Defender of ancient city's past was killed for protecting its future

Isis executes Palmyra antiquities chief

Robert Fisk on the defender of the ancient city's past who was killed for protecting its future