News According to research, there is a strong link between financial issues and low mental well-being in people over 50

High levels of personal debt in Britain could be creating a health time bomb, according to research showing a strong link between financial problems and low mental well-being in older people.

Unilever beats forecasts on emerging markets rebound

After battering global shares in consumer goods giants with a profit warning in October, Unilever, the company behind Dove soaps and Lipton iced teas, said there had been a considerable pick-up in countries like India and China.

City advisers got £8.3m for Co-op deal but didn't check fatal loans

KPMG and JPMorgan say they weren't asked to look at toxic mortgages, so didn't

PricewaterhouseCoopers loses £18 million Unilever contract to rival KPMG

Unilever has announced plans to ditch PricewaterhouseCoopers after 27 years and is set to move its  £18 million a year audit to rival KPMG.

Mr Michaels has only targeted increasing BDO's market share in the FTSE 350 from 3 per cent to 5 per cent by 2018

'Another decade of prejudice' against mid-tier accountants

Accountants outside of the industry’s ‘Big Four’ will continue to suffer from “institutional prejudice” for another decade despite incoming regulatory reforms, the managing partner of BDO has warned.

Carpetright crisis forces Harris return

Lord Harris of Peckham has come out of retirement to take over the running of Carpetright after an unexpected profit warning and the shock resignation of Darren Shapland, the chief executive.

New child benefit tax deadline approaches

Parents earning more than £50,000 who are still receiving child benefit have just a week to go to register for self-assessment.

James Moore: Commission drops the ball on auditor rotation

Outlook One aspect where lots of companies could do with improving their housekeeping is in the rotation of auditors.

Bank chairman admits spending taxpayer's bailout cash on beachside holiday home

A US banker is facing jail after using bailout funds to help his company buy a luxury condo in Florida.

Tradesmen, not bankers, put in the longest hours

Britain’s army of tradesmen is working longer than famously office-tied bankers as holidays are sacrificed and weekends ignored in a bid to squeeze more jobs in.

Ben Chu: Accounting for failure

Outlook Physicians get told to heal themselves. And some insolvency accountants could, apparently, benefit from their own medicine too.

Last blow from ENRC before it is taken over

ENRC, the scandal-struck Kazakhstan miner beset by corruption allegations and boardroom bust-ups, offered shareholders one final disappointment yesterday with poor results ahead of being taken private.

Deloitte hails UK 'turning point' as its revenues and profits grow

Big four accountancy firm Deloitte has posted an increase in both revenues and profits as the UK economy starts to pick up.

Money Alert: Granny credit

Adults lumbered with the grandchildren this summer could be missing a trick that could help boost their state pension. Half of Britain's seven million working-age grandparents have a young grandchild and can qualify for Class 3 National Insurance credits for looking after children aged under 12 — which can be used to top up their income in retirement.

Tchenguiz brothers plan £2.5bn legal action over arrests by SFO

Property tycoons to seek damages after judge orders release of papers

Focus: Breaking the grip of the audit oligarchs

Watchdogs want to shake up the big four accountants who police big business

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
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Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Evan Davis: The BBC’s wolf in sheep’s clothing to take over at Newsnight

The BBC’s wolf in sheep’s clothing

What will Evan Davis be like on Newsnight?
Finding the names for America’s shame: What happens to the immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert?

Finding the names for America’s shame

The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
Inside a church for Born Again Christians: Speaking to God in a Manchester multiplex

Inside a church for Born Again Christians

As Britain's Anglican church struggles to establish its modern identity, one branch of Christianity is booming
Rihanna, Kim Kardashian and me: How Olivier Rousteing is revitalising the house of Balmain

Olivier Rousteing is revitalising the house of Balmain

Parisian couturier Pierre Balmain made his name dressing the mid-century jet set. Today, Olivier Rousteing – heir to the house Pierre built – is celebrating their 21st-century equivalents. The result? Nothing short of Balmania
Cancer, cardiac arrest, HIV and homelessness - and he's only 39

Incredible survival story of David Tovey

Tovey went from cooking for the Queen to rifling through bins for his supper. His is a startling story of endurance against the odds – and of a social safety net failing at every turn
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
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Make your own ice lollies and frozen yoghurt

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Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride