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.

Norton Rose merger to make it No 3

The chief executive of the London-based legal group Norton Rose has predicted the emergence of "15 or 20 truly global law firms" after announcing a merger with the US group Fulbright & Jaworski. Peter Martyr said that the combination will create the world's third biggest law firm.

Housing benefit will be tied to the bottom third of market rents

Exclusive: Private landlords evading at least £550 million tax on rental incomes

Buy-to-let and other private landlords are evading over half a billion pounds in tax due on their rental income, new figures reveal.

Shortage of talented finance executives inhibits company growth, says survey

Finance departments at British businesses are being stretched as they are unable to find decent candidates.

House Speaker John A. Boehner

Obama, Boehner stick with differing plans to avoid 'fiscal cliff'

President Barack Obama and House Speaker John Boehner, on Saturday reiterated pledges to work together to avoid the impending "fiscal cliff" of automatic spending cuts and tax hikes.

Merger seeks scale to take on 'big four'

The accountancy firm BDO, the sixth-biggest in Britain, is to merge with the UK arm of rival PKF, the ninth-biggest, to create a business with 3,500 staff and £400m in revenues that will aim to challenge the "big four" auditors.

Games stay-at-homes send travel firms bust

The number of travel companies going under in the UK in the last 12 months has doubled as the recession, Jubilee celebrations and Olympics kept British holidaymakers at home.

Insolvencies drop to a four-year low

The number of Britons who were declared insolvent fell to its lowest since the start of the recession in 2008 during the last quarter, in the latest sign of an improving economy in the UK.

Morgan Stanley beats forecasts

The US investment bank Morgan Stanley swung to a $1bn (£620m) loss over the third quarter – but beat market hopes with earnings that rose on the back of strong revenues from its bond-trading business.

City's expat bankers feel pain as taxman targets 'low-hanging fruit'

The taxman's more aggressive efforts to crack down on tax avoidance by foreign bankers working in the City appears to be paying off.

Michael Page profits dive in jobs bloodbath

Michael Page International issued its second profit warning in under a year yesterday as a jobs bloodbath in almost all of its markets and industries hit business.

What the Sunday Papers said

The Independent on Sunday: Big four auditors face monopoly interrogation

Blade runner: Great Britain's Ed McKeever powers to victory in the 200m men's final

Canoeing: Ed 'The Cleaver' McKeever cuts up field like Usain Bolt

Ed McKeever is quickly labelled the Usain Bolt of sprint canoeing after powering away and holding lead to win gold

Accountancy: ‘You don’t have to be good at maths’

Russ Thorne dispels some of the myths about a career in accountancy

Recession brings out the snitches as HMRC pays whistleblowers £1 million over last three years for providing information on tax cheats

The Government has paid out more than £1 million in rewards for information on tax cheats since the start of the financial crisis, it was revealed today.

The Qatari was ousted from Fifa for trying to buy votes while challenging Sepp Blatter for presidency of football's world governing body last year

Mohamed bin Hammam suspended by Asian Football Confederation

The Asian Football Confederation accused its disgraced president Mohammed bin Hammam of bribery after an internal audit revealed fresh allegations of financial wrongdoings by the Qatari football official.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Greece says 'No': A night of huge celebrations in Athens as voters decisively back Tsipras and his anti-austerity stance in historic referendum

Greece referendum

Greeks say 'No' to austerity and plunge Europe into crisis
Ten years after the 7/7 terror attacks, is Britain an altered state?

7/7 bombings anniversary

Ten years after the terror attacks, is Britain an altered state?
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Versace haute couture review

Beautiful evening dresses are some of the loveliest Donatella has ever created
No hope and no jobs, so Gaza's young risk their lives, climb the fence and run for it

No hope and no jobs in Gaza

So the young risk their lives and run for it
Fashion apps: Retailers roll together shopping and social networking for mobile customers

Fashion apps

Retailers roll together shopping and social networking for mobile customers
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate