News

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

Anthony Hilton: What’s the truth about Mario’s Italian job?  

A couple of years ago there was universal outrage when it was discovered well after the event that Goldman Sachs  had used its bankerly skills to help the Greek government of the time disguise the country’s true financial position  so it would qualify for membership of the euro.

The €200 note became a favourite for money-launderers

Just what the euro needs - another new member with a creaking economy

Croatia already effectively lives with interest rate decisions made by the European Central Bank so it might as well sign up for full membership

Hamish McRae: Bernanke sprang a bonds surprise but it may be for the best in the end

Ecnomic View: Understandably there has been criticism of the timing and phraseology of the Bernanke speech

Footsie at a 5-month low amid new eurozone fear

The FTSE 100 index hit a 5-month low yesterday as it ended a fifth successive week of losses, while disruption in Greece signalled there could be more turmoil ahead.

Share scare FTSE 100 falls for fifth week in a row and recalls 2011 bloodbath

London’s leading shares were today set for a fifth successive week of losses — their worst performance since the eurozone crisis triggered a summer of turmoil in markets in 2011.

Angela Merkel

Court to consider legality of ECB policy that saved the eurozone

Crisis could be reignited if Germany’s highest court rules against the European Central Bank

Activity at a career fair in Rolling Meadows, Illinois

US labour market adds 175,000 jobs in May - but is still short of hoped-for levels

The unemployment rate rsoe from 7.5 to 7.6 per cent

Mario Draghi, the President of the ECB

European Central Bank leaves interest rates unchanged, leaving unconventional measures to kick eurozone out of recession 'on the shelf'

The European Central Bank has left interest rates unchanged, admitting it has discussed a number of policy options in case the eurozone fails to emerge from recession later in the year.

The Business Matrix: Tuesday 4 June 2013

Profits ‘will soar at European airlines’

Eurozone in crisis: One in four youths is jobless as unemployment across 17 nations in the single currency reaches record high

Total unemployment rises to 19.4 million amid fresh criticism of austerity

Pressure intensifies on Bloomberg after new 'snooping' scandal twist

Bloomberg apologised after the financial news agency let its reporters access clients' information

Lloyds repays final loan of €3.5bn to ECB

Lloyds Banking Group, bailed out to the tune of £20bn by the taxpayer four years ago, yesterday made two moves signalling its strengthening balance sheet.

Lloyds pays back €13.5 billion to European Central Bank

Lloyds Banking Group, bailed out to the tune of £20 billion by the taxpayer four years ago, today made two moves signalling its strengthening balance sheet.

The bleak figures come ahead of minutes due tomorrow of the Bank of England's April interest rates meeting

Interest rate and quantitative easing on hold as Bank of England sticks to its guns

The Bank of England today decided against giving a further boost to the British economy in Governor Sir Mervyn King’s penultimate meeting at the helm.

Aussie rates cut provide tonic for stock markets

The FTSE 100 index has hit its highest level since December 2007, buoyed by a cut in Australian interest rates, some better-than-expected German factory output data and the afterglow from last week's decent US jobs report.

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
How live cinema screenings can boost arts audiences

How live cinema screenings can boost arts audiences

Broadcasting plays and exhibitions to cinemas is a sure-fire box office smash
Shipping container hotels: Pop-up hotels filling a niche

Pop-up hotels filling a niche

Spending the night in a shipping container doesn't sound appealing, but these mobile crash pads are popping up at the summer's biggest events
Native American headdresses are not fashion accessories

Feather dust-up

A Canadian festival has banned Native American headwear. Haven't we been here before?
Boris Johnson's war on diesel

Boris Johnson's war on diesel

11m cars here run on diesel. It's seen as a greener alternative to unleaded petrol. So why is London's mayor on a crusade against the black pump?
5 best waterproof cameras

Splash and flash: 5 best waterproof cameras

Don't let water stop you taking snaps with one of these machines that will take you from the sand to meters deep
Louis van Gaal interview: Manchester United manager discusses tactics and rebuilding after the David Moyes era

Louis van Gaal interview

Manchester United manager discusses tactics and rebuilding after the David Moyes era
Will Gore: The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series

Will Gore: Outside Edge

The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz