News

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

Bank sticks to its guns with 'no change' on rates and QE

The Bank of England's Monetary Policy Committee has kept the scale of its money-printing programme unchanged at £375bn and held interest rates at their record low of 0.5 per cent.

Mark Carney won praise for his stewardship of Canada’s economy

Mark Carney's selection for the Bank of England is related to his being competent, not Canadian

Our Chief Economics Commentator on why George Osborne wanted someone who could earn the trust of savers, both here and across the world

Mark Carney has been named as the new Bank of England Governor

George Osborne chose wisely in appointing Mark Carney as Governor of the Bank of England

A foreigner is now the most powerful unelected official in England

Greece set to gain €31.5bn lifeline from lenders

Eurozone finance ministers were last night edging towards approval of a €31.5bn (£25.4bn) tranche of lending to Greece, which the Athens government needs to avoid a default and a disastrous exit from the single currency.

Eurozone ready to sanction Greek loans

Eurozone finance ministers were last night edging towards approval of a €31.5bn (£25.4bn) tranche of lending to Greece, which the Athens government needs to avoid a default and a disastrous exit from the single currency.

Euro-area unemployment climbs to record 11.6 per cent

The jobless rate in the euro area climbed to a record in September as the fiscal crisis and tougher austerity measures threatened to deepen the economy's slump.

Angela Merkel: The German Chancellor has firmly contested a fresh write-off of Greece’s debt

Lenders press for Greece to be given new debt write-off

Report says taxpayers would bear brunt of  the measure without  funding from the ECB

One in four out of work: Spain jobless rate hits new high in third quarter

One Spaniard in four is now officially out of work as the economic crisis tightens its grip on the country.

European kissing:

New press chief reveals which cheek to kiss in Europe

As European Central Bank President Mario Draghi struggles to build bridges between quarreling Governing Council members, he soon will have a specialist in international kissing by his side.

No downgrade for Spain's debt

Spain won more breathing space from international investors, as it escaped having its debt cut to junk by a leading credit rating agency yesterday.

Market pressure eases on Spain amid bailout hopes

Rising speculation that Spain will soon ask for outside help to keep a lid on its borrowing costs has helped ease the pressure on the country in financial markets.

Pressure grows on Spain to opt for a bailout from ECB

Pressure continues to mount on Spain's Prime Minister, Mariano Rajoy, to request a bailout from the European Central Bank as the country strained to sell €4bn (£3.2bn) of debt.

Pressure grows on Spain to opt for a bailout

But Rajoy plays chicken with bond markets as he 'thinks he might get away with it'

Simon English: 'Draghi Put' is keeping the real pain in Spain at bay

Outlook The "Greenspan Put" was the assumption rife among Wall Street traders that should shares fall to a certain level, Alan Greenspan, the former head of the US Federal Reserve, would intervene by slashing interest rates so much that bonds were no longer worth buying. Investors would turn to equities and the Dow Jones would soar. Everyone would be happy, or at least would feel like they were getting richer, even if asset prices were plainly inflated.

ECB leaves key interest rate at 0.75%

The European Central Bank has left its key interest rate unchanged at a record low of 0.75 per cent.

Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee