It’s what everyone had been saying privately for days: the bailout package agreed by exhausted IMF and EU officials and finance ministers in the early hours of Saturday morning had lacked any foresight related to the political consequences of demanding that people give up part of their savings.

Financial turmoil in Cyprus risks dragging Europe’s economy deeper into the mire after a worsening decline for manufacturers and services, experts warned today.

There's the Budget speech the Chancellor should make (as seen by Matthew Norman on Voices today) and then there's the one he's almost certainly going to make. Once you've resigned yourself to that grim reality, Budget Bingo seems the sensible way forward

People with less than €20,000 in the bank would not have to forfeit any savings under new proposals

Cyprus postpones crucial vote on controversial bank deposit levy as stocks plummet around the world

The French President appears too relaxed, while our PM has the opposite problem

The Analyst

David Cameron was slapped down by his own independent fiscal watchdog yesterday, provoking a politically charged row over the economic impact of the Coalition’s austerity programme.

The Bank of England shrugged off fears of a triple-dip recession today as it held fire on pumping billions extra into the UK’s flat-lining recovery

The UK economy will grow by just 0.6 per cent this year, according to the latest forecasts by the British Chambers of Commerce (BCC).

When a disease achieves “celebrity status” – garnering attention and resources – there is bound to be resentment among those working on other conditions that have been overlooked. HIV/Aids came to global notice in the 1980s and 1990s and sucked in funds on a scale hitherto undreamt of in the developing world.

A population fed up with corrupt and self-serving politics produced this astonishing result, and the parallels with our national situation are clear