News

Inflation across the single currency bloc fell to 0.7% in January moving closer to deflationary territory

Nicosia holds a better hand in this €16bn poker game

Who will blink first in this €16bn poker game? The European Central Bank’s threat to withdraw emergency funding from crippled Cypriot banks looks like an attempt to play hardball: scare tactics to force the politicians who threw out a hugely unpopular raid on savings into finding €5.8bn from somewhere by Tuesday.

Eurozone finance ministers admit being in a mess

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.

Cyprus woes set to deepen eurozone economy gloom

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

The yawn of a new era: Bingo has gone totally 21st century

Osborne's Budget Bingo: Like Mecca Bingo, only less fun for pensioners

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

Cyprus government proposes change to let small savers escape tax on bank deposits as parliament looks ready to reject bailout package in key vote and risk default

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

A protester against the bank tax

Frantic day ahead as EU tells Cyprus it can rethink controversial bailout terms as key vote postponed

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

Hamish McRae: Time to deal with domestic blockages

Economic View

Hollande, Cameron and how not to be a leader

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

Robert Chote, right, has rebuked David Cameron for misrepresenting its position on the impact of austerity measures

Economical with the truth? Independent financial watchdog the OBR slaps down David Cameron over claims that high taxes and cuts don't hurt growth

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

Banks shrugs off triple-dip fears and keeps QE on hold

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

Growth for 2013 slashed

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).

Editorial: Polio is going – but not yet gone

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.

Beppe Grillo's success in the Italian election is a victory for clean hands. We should learn from it

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

Market Report: Gold miners shine out in a sea of red

Amid turmoil on the equity markets, gold miners were seen to be nearly as safe as the gold they dig up. There was a sea of red across traders' screens as the market was spooked by the Italian government election deadlock but the gold price ticked up, and gold miners Randgold Resources and Centamin glistened as the second-best risers in the benchmark and mid-cap index respectively.

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Independent Travel
Panama
Languedoc Roussillon
Marrakesh & the Atlas Mountains
Bruges
The Jura Mountains
Dubrovnik & the Dalmatian Coast
Prices correct as of 17 September 2014
A roller-coaster tale from the 'voice of a generation'

Not That Kind of Girl:

A roller-coaster tale from 'voice of a generation' Lena Dunham
London is not bedlam or a cradle of vice. In fact it, as much as anywhere, deserves independence

London is not bedlam or a cradle of vice

In fact it, as much as anywhere, deserves independence
Vivienne Westwood 'didn’t want' relationship with Malcolm McLaren

Vivienne Westwood 'didn’t want' relationship with McLaren

Designer 'felt pressured' into going out with Sex Pistols manager
Jourdan Dunn: Model mother

Model mother

Jordan Dunn became one of the best-paid models in the world
Apple still coolest brand – despite U2 PR disaster

Apple still the coolest brand

Despite PR disaster of free U2 album
Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments