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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Prices correct as of 17 April 2015
NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

Who's monitoring the outsourced NHS services?

A report finds that private firms are not being properly assessed for their quality of care
Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
How do Greek voters feel about Syriza's backtracking on its anti-austerity pledge?

How do Greeks feel about Syriza?

Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
From Iraq to Libya and Syria: The wars that come back to haunt us

The wars that come back to haunt us

David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

Too busy to surf? Head to The Pool

A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders
Heston Blumenthal to cook up a spice odyssey for British astronaut manning the International Space Station

UK's Major Tum to blast off on a spice odyssey

Nothing but the best for British astronaut as chef Heston Blumenthal cooks up his rations
John Harrison's 'longitude' clock sets new record - 300 years on

‘Longitude’ clock sets new record - 300 years on

Greenwich horologists celebrate as it keeps to within a second of real time over a 100-day test
Fears in the US of being outgunned in the vital propaganda wars by Russia, China - and even Isis - have prompted a rethink on overseas broadcasters

Let the propaganda wars begin - again

'Accurate, objective, comprehensive': that was Voice of America's creed, but now its masters want it to promote US policy, reports Rupert Cornwell
Why Japan's incredible long-distance runners will never win the London Marathon

Japan's incredible long-distance runners

Every year, Japanese long-distance runners post some of the world's fastest times – yet, come next weekend, not a single elite competitor from the country will be at the London Marathon
Why does Tom Drury remain the greatest writer you've never heard of?

Tom Drury: The quiet American

His debut was considered one of the finest novels of the past 50 years, and he is every bit the equal of his contemporaries, Jonathan Franzen, Dave Eggers and David Foster Wallace
You should judge a person by how they peel a potato

You should judge a person by how they peel a potato

Dave Hax's domestic tips are reminiscent of George Orwell's tea routine. The world might need revolution, but we like to sweat the small stuff, says DJ Taylor
Beige is back: The drab car colours of the 1970s are proving popular again

Beige to the future

Flares and flounce are back on catwalks but a revival in ’70s car paintjobs was a stack-heeled step too far – until now
Bill Granger recipes: Our chef's dishes highlight the delicate essence of fresh cheeses

Bill Granger cooks with fresh cheeses

More delicate on the palate, milder, fresh cheeses can also be kinder to the waistline
Aston Villa vs Liverpool: 'This FA Cup run has been wonderful,' says veteran Shay Given

Shay Given: 'This FA Cup run has been wonderful'

The Villa keeper has been overlooked for a long time and has unhappy memories of the national stadium – but he is savouring his chance to play at Wembley
Timeless drama of Championship race in league of its own - Michael Calvin

Michael Calvin's Last Word

Timeless drama of Championship race in league of its own